Alkane Resources (ALK.ASX) has had a busy summer with exceptional drill results from its Northern Molong Gold-Copper Porphyry Project, continued local and regional resource drilling at Tomingley, and the acquisition of a 15.1% interest in Genesis Minerals (GMD.ASX) for A$6.3m. The acquisition is part of Alkane’s growth strategy to increase its shareholder value by investing a portion of its significant cash balance (A$69.6m) into junior gold companies or projects that have high explorat
24 Sep 2019
Alkane Resources - Genesis of a golden opportunity
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Alkane Resources - Genesis of a golden opportunity
Alkane Resources Ltd (ALK:ASX) | 0 0 0.0% | Mkt Cap: 146.8m
- Published:
24 Sep 2019 -
Author:
Ryan Long -
Pages:
11
Alkane Resources (ALK.ASX) has had a busy summer with exceptional drill results from its Northern Molong Gold-Copper Porphyry Project, continued local and regional resource drilling at Tomingley, and the acquisition of a 15.1% interest in Genesis Minerals (GMD.ASX) for A$6.3m. The acquisition is part of Alkane’s growth strategy to increase its shareholder value by investing a portion of its significant cash balance (A$69.6m) into junior gold companies or projects that have high explorat