Alkane Resources Limited has completed underground core drilling at Tomingley to extend resources and improve confidence in Inferred Resources at McLeans and Roswell. Significant gold intercepts were found in both areas, with drilling focused on converting Inferred Resources to Indicated Resources. A drilling program is planned at Wyoming Three, Caloma, and beneath Roswell. The company has a strong balance sheet and ongoing exploration programs to grow resources at their three operating mines. All data reported complies with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Additional exploration drilling is planned to further enhance resource estimation.

Read more at GlobeNewswire: Tomingley Drilling Discovers New Mineralisation at McLeans