Alkane Resources Limited (ASX: ALK) | Alkane Extends High Grade Gold Trend at Brunswick South
MarketOpen's Trading Titan podcast. Episode: Alkane Resources, ASX: ALK. Exploration Update, Brunswick South Deposit, Costerfield Operation.
Alkane Resources has released an exploration update from its Brunswick South deposit at the Costerfield gold-antimony operation in Victoria. The company completed 91 additional diamond drill holes across 28,421 metres. The company says the results supported confidence in grade continuity, identified additional extensions to the deeper Kiwi Zone, and identified a previously unknown parallel mineralised structure approximately 200 metres west of Brunswick South.
Highlight drill intercepts include 109.9 grams per tonne gold over 0.65 metres, 50.1 grams per tonne gold and 26.2 percent antimony over 2.17 metres, and 50.2 grams per tonne gold alongside 33.3 percent antimony over 0.86 metres.
The company stated that the results have been incorporated into the Costerfield mine schedule. Capital development towards Brunswick South is scheduled to commence in Q3 2026, with the deposit located approximately 200 metres from planned underground access. An updated Mineral Resource Estimate and an initial Ore Reserve are planned for later in 2026.
In this episode, we cover what Alkane announced, the key drilling results, what the company says it can now progress, and why this announcement matters for investors following the Costerfield operation.
Key milestones to watch include the commencement of capital development in Q3 2026, continued drilling of the Kiwi Fault extensions and the Brunswick West target, and the planned release of the updated Mineral Resource Estimate and initial Ore Reserve later in 2026.
This episode is for information purposes only. Nothing in this podcast constitutes financial advice. Listeners should conduct their own research and consider their own financial circumstances before making any investment decision.