Alkane Resources Finds Gold Mineralization 1 Km Below Peak Hill Open Pit

Bitget2026/10/18 04:15

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Alkane Resources intersected epithermal mineralization about 1 kilometer below the Proprietary pit at its Peak Hill gold project in New South Wales.
Drill hole PHD084 returned 153 meters grading 0.11 grams per metric ton gold and 0.02% copper.
The 1,651-meter hole did not reach the targeted copper-gold porphyry intrusion.
Six follow-up holes totaling 6,600 meters are planned from November 2026 to test mineralization continuity and potential higher-grade extensions.
Final assay results are expected in 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alkane Resources Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610180014OMX_____CNEWS_SV_GNW9847885_sv) on October 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Alkane Resources Finds Gold Mineralization 1 Km Below Peak Hill Open Pit

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