Alkane adds new mineralisation to its Tomingley gold project

Alkane Resources has discovered new sections of mineralisation as part of its drilling program at the Tomingley project in central New South Wales.

The company has completed nine diamond drill holes, totalling 3,247m  and focused on the McLeans and Western Monzodiorite deposits within Tomingley.

This drilling revealed a second andesite with significant gold mineralisation, located around 150m to the west of the current resource.

Among the significant gold intercepts hosted by the western andesite is one from 26m showing 4.36 grams per tonne (g/t) gold from 112m. This includes a 3.3m section with 22.8 g/t gold.

Another drill hole shows 10.7 metres grading 2.09 g/t gold from 105 metres.

On the eastern side, new intercepts within the McLeans inferred resource confirm similarly strong mineralisation.

They include one of 10 metres at 1.31 g/t gold from 284m, and another showing 3.7m grading 1.66 g/t gold from 314m.

Alkane managing director Nic Earner said the latest drilling was working to build further confidence in the inferred mineral resource estimates throughout the project.

“Most of Tomingley’s deposits are open at depth and along strike,” he said.

“This drilling further demonstrates not only the significant resource expansion potential across the mine site but the potential to discover other deposits.

“Our underground and surface drill programs throughout Tomingley continue. We look forward to continuing to add further resources and mine life.”

Tomingley is an open pit and underground mining development with a 1 million tonnes per annum processing facility that has been in operation since 2014.  Mining so far, including a significant surge in production this year, has occurred underground at the Wyoming One, Caloma, Caloma Two and Roswell deposits.

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