Alkane Resources Ltd announces confirmation of large Cu-Zn-Pb-Ag targets at Rockley Project

Alkane Resources Ltd (ASX: $ALK) has announced the confirmation of large copper, zinc, lead, and silver (Cu-Zn-Pb-Ag) targets at the Rockley Project in Central New South Wales. The project, located 35 kilometres south of Bathurst, covers a portion of the highly prospective Late Silurian Mumbil Group, known for base metal and gold mineralisation forming as volcanogenic massive sulphide (VMS) or skarn type deposits.

Executive commentary on Rockley Project exploration

Alkane Managing Director, Nic Earner, expressed satisfaction with the exploration team's progress at the Rockley Project, stating, 'Alkane's exploration team is using its considerable experience to advance exploration on another of our tenement packages, the Rockley Project. We're looking for large VMS or skarn-type deposits that contain gold or base metals, particularly copper. These results are encouraging; we have identified multiple occurrences of mineralisation and have several large targets within the Project area. We will conduct further scout drilling on the most prospective of these targets in the coming months.'

Summary of Alkane Resources' Rockley Project announcement

Alkane Resources Ltd has confirmed the presence of large Cu-Zn-Pb-Ag targets at the Rockley Project, indicating widespread mineralisation and multiple large targets within the area. The company plans to continue target generative exploration, including mapping, rock chip sampling, and soil sampling over the next 12 months. Further scout drilling is also planned for specific prospects, demonstrating the company's commitment to advancing exploration activities. Alkane's Managing Director, Nic Earner, highlighted the encouraging nature of the results and expressed the company's intention to conduct further drilling on the most prospective targets in the near future. The Rockley Project's exploration progress aligns with Alkane's broader strategy to become one of Australia's multi-mine gold and copper producers, showcasing the company's dedication to growth and development in the mining sector.