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ARTG 37.67 +7.3% SAGE 0.120 +4.3% NTR 93.88 −0.3% ERO 42.71 +4.6% EDR 12.55 +7.1% IFOS 2.23 −0.5% URE 1.80 −2.2% AAUC 27.50 +4.3% IMR 0.145 +3.6% EQX 14.50 +7.4% OGC 37.67 +6.8% TFPM 43.89 +4.4% SGD 15.42 +5.4% BKM 2.55 +3.2% OR 45.20 +4.4% CDE 24.46 +7.2% ARTG 37.67 +7.3% SAGE 0.120 +4.3% NTR 93.88 −0.3% ERO 42.71 +4.6% EDR 12.55 +7.1% IFOS 2.23 −0.5% URE 1.80 −2.2% AAUC 27.50 +4.3% IMR 0.145 +3.6% EQX 14.50 +7.4% OGC 37.67 +6.8% TFPM 43.89 +4.4% SGD 15.42 +5.4% BKM 2.55 +3.2% OR 45.20 +4.4% CDE 24.46 +7.2%
Drill Results

Alkane Doubles the Tested Depth Extent of the Storheden Deposit at Bjorkdal

By The Northwire Desk — AI Analysis Dec 18, 2025 · 19:33 ALK · 1.08 Alkane Resources Limited
ALK · Price

Executive Summary

  • Alkane Resources announced high‑grade gold intercepts from depth‑testing and resource‑extension drilling at the Storheden deposit (Björkdal Operation, Sweden).
  • Significant grades include 34.3 g/t Au over 1.6 m (ETW 0.68 m) at 470 m depth and ultra‑high grades of 142 g/t Au over 0.60 m (ETW 0.25 m).
  • The results more than double the previously tested depth (now to ~464 m), extend strike length to >2.7 km, and indicate the deposit remains open at depth with no grade attenuation observed.

Key Details

  • Depth Testing Campaign (2024) – Highlight Intercepts
  • SH24‑003: 16.2 g/t Au over 0.70 m (ETW 0.60 m) at 475 m depth.
  • SH24‑004: 14.0 g/t Au over 1.2 m (ETW 0.85 m) at 317 m depth.

  • SH24‑006: 34.3 g/t Au over 1.6 m (ETW 0.68 m) at 470 m depth.

  • Resource Extension Campaign (2025) – Highlight Intercepts

  • 142.0 g/t Au over 0.60 m (ETW 0.25 m) in SH25‑006.
  • 111.0 g/t Au over 0.50 m (ETW 0.25 m) in SH25‑006.
  • 41.4 g/t Au over 0.60 m (ETW 0.34 m) in SH25‑006.
  • 57.7 g/t Au over 0.50 m (ETW 0.41 m) in SH25‑009.

  • 45.2 g/t Au over 0.50 m (ETW 0.38 m) in SH25‑014.

  • Overall Drill Program

  • 2024 depth testing: 6,598 m drilled in 14 holes; deepest intercept at 464 m.

  • 2025 resource extension: 7,938 m drilled in 14 holes; focused on defining veining and structural controls for future underground access.

  • Geological Interpretation

  • Storheden mineralisation is hosted in three lithological units similar to Björkdal, with vein systems converging at depth.

  • Strike length now >2.7 km; no evidence of grade diminution with depth.

  • Future Work

  • Planned drilling restart in January 2026 targeting zones A‑C identified from current results.
  • Continued exploration of Eastern Extension and North extension of the Björkdal system.

Notable Quotes

“These highly encouraging results from the Storheden Deposit further support our understanding that the wider Björkdal system is vast and underexplored… Storheden presents an opportunity to create a distinct production area alongside those already in production.” – Nic Earner, Managing Director & CEO, Alkane Resources Ltd.

Read the original news release →

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