Key points
- New high-grade gold and antimony zone discovered at Cuffley
- Assay highlights include 580.9g/t gold and 24% antimony
- Cuffley pod integrated into existing mine schedule
- Additional exploration planned for Sub KC domain
Full summary
Alkane Resources Limited (ASX: ALK) announced the discovery of a new high-grade zone at the Cuffley Lode, located at the Costerfield gold-antimony deposit in Victoria, Australia. The exploration results include significant intercepts such as 580.9g/t gold and 24% antimony over 0.61 meters. The newly identified high-grade pod is accessible from existing infrastructure and has been integrated into the Costerfield mine plan. Additional drilling is planned for the Sub KC domain to further explore the potential for high-grade mineralization. The discovery underscores the company's strategy of revisiting and challenging old models to extract value from known mineralized areas.
Outlook
Alkane plans to continue exploring the Cuffley and Sub KC domains to identify additional high-grade mineralization and integrate findings into the existing mine schedule.