On 9 November, Alkane reported the results of an additional 11 holes at its Boda prospect at its Northern Molong Porphyry Project. The most obvious, immediate consequence of the results is that it has doubled the north-south strike length of the system from 500m to 1,000m and, as such, is likely to represent either an extension of the original system or a whole new system. Among other things, this has caused us to increase our estimate of the upper limit of the mineralised inventory at Boda from 738Mt to 2,241Mt at an average gold grade of up to 0.35g/t. Note that Boda remains open to the northwest, south and at depth, with the relatively unexplored high grade mineralisation being the focus of further drilling.Den vollständigen Artikel lesen ...