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Alkane Resources Ltd.

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Summary

Project:

Dubbo

Deposit:Dubbo
Location:Australia
Commodities:Zircon-Hafnium-Niobium-Tantalum-Yttrium-Rare Earth
Date:9/23/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Mine Development
Report details:23-9-2019: Alkane Resources Ltd. announces a Resource Estimation report for its Dubbo deposit at the Dubbo project. Updated resource and reserve statement. The Company reports Ore Reserves and Mineral Resources for the Tomingley Gold Operations (TGO), the
Resources:(Reserve, Prov.): 18.90MKt @ 0.735% TREO
CP/QP:[Resources]: D Ian Chalmers (Internal)
ABSTRACT:The Company reports Ore Reserves and Mineral Resources for the Tomingley Gold Operations (TGO), the Peak Hill Gold Project (PHGP) and Dubbo Project (DP) as at 30 June 2019 in accordance with the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC 2012). All projects are located within the Central West region of New South Wales. At TGO, open pit mining continued through until early 2019 and the operation began transitioning to underground mining. Low grade ore stockpiles will be processed until underground ore becomes available early 2020. An initial Resource estimation was compiled for the PHGP in October 2019 and is included in the statement. The DP Resource and Reserve estimates remain unchanged.

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