Alkane Resources broad gold-copper hits provide further evidence of Boda porphyry potential

Alkane Resources Limited's (ASX:ALK) (OTCMKTS:ALKEF) results provide further evidence of the world-class nature of the Boda gold-copper discovery within the Northern Molong Porphyry Project (NMPP) in Central West NSW.

The final diamond core hole of the current drill program, KSDD009, intersected multiple broad zones of gold-copper mineralisation including 40 metres at 0.28 g/t gold and 0.18% copper from 94 metres and 152.1 metres at 0.18 g/t gold and 0.12% copper from 692 metres.*"Tier-one potential"*

Managing director Nic Earner said: "These results further demonstrate the prospectivity of the Northern Molong Porphyry Project and the world-class nature of the Boda discovery.

"From what we have seen of the mineralisation to date, we believe Boda has genuine potential to be a large, tier-one gold-copper porphyry project."

Modelling of the recent drilling indicates a +0.2 g/t gold equivalent sub-vertical zone of gold-copper mineralisation which Alkane describes as significant.

This zone is approximately 500 metres north-south in strike length, 400 metres wide and in excess of 1,100 metres vertically and within this is a +3.0 g/t gold equivalent high-grade pod around 150 metres long, 100 metres wide and more than 500 metres vertically.