Alkane Significantly Increases Storheden Mineral Resource
Open PDF
| Stock | Alkane Resources Ltd (ALK.ASX) |
|---|---|
| Release Time | 29 Jul 2026, 8:30 a.m. |
| Price Sensitive | Yes |
This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA.
The summaries are generated by large language models so please interpret with care.
Alkane Resources Increases Storheden Gold Mineral Resource
Key Points
- Storheden mineral resource increased by 26%
- New Indicated Resources of 87 koz
- High-grade gold intercepts up to 107 g/t
- Future drilling and underground exploration planned
Full Summary
Alkane Resources Limited announced a significant increase in the mineral resource at the Storheden Deposit in northern Sweden. The updated resource estimate includes Indicated Resources of 1.07 million tonnes grading 2.51 g/t gold (87,000 ounces) and Inferred Resources of 1.85 million tonnes grading 2.11 g/t gold (125,000 ounces), marking a 26% increase in Inferred contained gold. Recent drilling has also yielded high-grade intercepts, including 107 g/t gold over 0.4 meters. Alkane plans to continue exploration with additional surface drilling and the commencement of an underground exploration drive in September 2026 to further define the deposit and its potential.
Sign in to get more information about the company, including guidance changes and other insights.
Sign In