Northwire Canada EditionSaturday, August 15, 2026
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ERD 6.16 −1.4% NFG 2.37 +2.2% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2% ERD 6.16 −1.4% NFG 2.37 +2.2% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2%
Drill Results

Tomingley Exploration Intersects Significant Gold at El Paso

By The Northwire Desk — AI Analysis Aug 18, 2025 · 06:21 ALK · 0.78 Alkane Resources Limited
ALK · Price

Executive Summary

  • Alkane Resources reported significant gold intercepts from recent diamond core, RC and air‑core drilling around the Tomingley Gold Project (TGP), notably high‑grade zones at the El Paso prospect (e.g., 8.2 m @ 3.74 g/t Au, including a 1 m @ 25 g/t Au).
  • Additional mineralised intervals were intersected along the 5 km “Tomingley Structure” and new targets identified in the Mingelo Volcanic Belt (e.g., EPAC201 12 m @ 0.35 g/t Au, WSAC094 3 m @ 0.59 g/t Au).
  • The company outlined an extensive 12‑month exploration program including 2,000 m of further diamond drilling at El Paso, 6,000 m of RC/DD drilling across multiple prospects, and a high‑resolution drone magnetic survey to delineate structures.

Key Details

  • El Paso Prospect (diamond core)
  • Hole EPD016 – 8.2 m @ 3.74 g/t Au from 224.8 m; includes 1 m @ 25 g/t Au at 225.6 m.
  • Hole EPD017 – 32.1 m @ 1.65 g/t Au from 66.9 m; includes several higher‑grade sub‑intervals (4 m @ 3.21 g/t Au, 2 m @ 3.00 g/t Au, 6.1 m @ 3.03 g/t Au).

  • Planned: additional 2,000 m of mud‑rotary diamond core drilling beginning September 2025.

  • Tomingley Structure (RC)

  • TORC007 – 14 m @ 0.58 g/t Au from 213 m; includes 5 m @ 1.11 g/t Au and 2 m @ 1.26 g/t Au.

  • TORC011 – 6 m @ 0.78 g/t Au from 149 m; includes 2 m @ 1.38 g/t Au.

  • Air‑Core Drilling (Mingelo Volcanic Belt)

  • EPAC201 – 12 m @ 0.35 g/t Au from 75 m; includes 3 m @ 0.93 g/t Au.
  • EPAC214 – 9 m @ 0.29 g/t Au from 72 m.
  • JNAC035 – 3 m @ 0.39 g/t Au from 63 m.

  • WSAC092 – 3 m @ 0.55 g/t Au from 54 m; WSAC094 – 3 m @ 0.59 g/t Au from 24 m.

  • Near‑Mine Diamond Core

  • PATD001 (historic Tomingley workings) – 9.5 m @ 0.27 g/t Au from 175.5 m.

  • PATD002 (north of Caloma open cut) – 5 m @ 0.44 g/t Au from 80.3 m.

  • Exploration Program for Next 12 Months

  • High‑resolution drone magnetic survey over Peak Hill area.
  • 6,000 m of RC/DD drilling targeting El Paso, El Paso SE, Tomingley One & Two, Glen Isla, Westray, and other prospects.
  • Additional air‑core and soil sampling at Glen Isla, Gundong, Trewilga.

  • Ongoing grade‑control drilling at San Antonio open pit and underground Roswell program; results expected October 2025.

  • Resource Update

  • Annual revised Mineral Resources and Reserves to be compiled for release in September 2025, reflecting depletion, exploration additions, and updated gold price assumptions.

Notable Quotes

“We continue to explore at Tomingley within our approved mining areas and regionally, seeking to add further mine life, scale, and grade to Tomingley. It is pleasing to see the extent of mineralisation in the broader Tomingley region, and we look forward to continuing to add to our resource base.” – Nic Earner, Managing Director & CEO

Materiality: Material – Positive (the disclosed high‑grade intercepts and extensive upcoming drilling program are likely to impact future resource estimates and mine life).

Read the original news release →

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