Alkane Resources pleased with high Boda recoveries

–News Direct–

Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) MD Nic Earner tells Proactive the company has established a viable flowsheet for the processing of ore from the Boda and Kaiser gold-copper prospects within its North Molong Porphyry Project (NMPP) in Central New South Wales. Metallurgical test-work comprising conventional crushing, grinding and flotation circuits achieved overall recovery of 87.4% of copper and 80.9% of gold for Boda and 79.6% of copper and 70.7% of gold for Kaiser. Meanwhile, ALK has also reported further broad copper-gold results from drilling at Kaiser – the objective is to infill the inferred mineral resource estimation at the deposit, which currently contains 2.1 million ounces of gold and 500,000 tonnes of copper.

Earner said: The high recoveries from the Boda ore are particularly pleasing as the concentrates produced were of a saleable quality with very low impurities, which is another box ticked. Indeed, we consider that the concentrate from this project would be in high demand, consistent with other producers in the district.

The results of this test-work campaign and the process design criteria generated have been supplied to an engineering firm for a scoping level estimate of plant design and associated cost."

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

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