Alkane Resources Drilling Extends Nagambie Gold-Antimony Mineralization in Victoria

Bitget2026/10/24 08:39

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Alkane Resources reported drilling results confirming and extending the Nagambie gold-antimony system in Victoria.
Drilling extended the C2 zone 115 meters below its previously known extent; mineralization remains open at depth.
The C3 zone returned 17 g/t gold and 5.9% antimony over 1.3 meters within a broader mineralized interval.
Alkane can earn 60% by spending AUD 12.5 million over three years, with an additional AUD 15 million securing 80%.
Two diamond rigs continue exploration ahead of an April 2027 option deadline, targeting potential ore sources to extend Costerfield’s mine life.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alkane Resources Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610240439OMX_____CNEWS_SV_GNW9852536_sv) on October 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Alkane Resources Drilling Extends Nagambie Gold-Antimony Mineralization in Victoria

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