Alkane (ALK) Reports High-Grade Gold-Antimony Drill Results
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowAlkane Resources Ltd (ASX:ALK, OTC:ALKEF) reported high-grade results from its True Blue deposit, located near its Costerfield Operation, after completing 33 new drill holes. Standout results include 57.6 g/t gold and 25.4% antimony over 0.25 meters in hole TB055, alongside other significant findings. The drilling aims to improve geological understanding and bolster development plans. Alkane also noted a record quarterly profit of $93 million for Q1 2026, attributed to rising gold and antimony prices and increased production from its three active mines.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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