Alkane Resources: Significant Thick High Grade Intercepts Confirmed by Infill

Drilling to infill the Inferred Resources at the Roswell and San Antonio deposits continues and 44 holes have been drilled for a total of 9,880 metres. The drilling has confirmed continuity to the defined resources.
Alkane is currently preparing preliminary plans for both open-cut and underground mines at Roswell and San Antonio. These will enable finalisation of economic and environmental assessments to seek approvals to commence underground and open-cut mining.
Significant intercepts from the Roswell Deposit include:
- RWRC180D 69.0 metres grading 9.12g/t Au from 218 metres;
  - incl 6.7 metres grading 28.0g/t Au from 207.3 metres;
  - incl 1.0 metre grading 104.0g/t Au from 274 metres.
- RWRC245 71.0 metres grading 3.56g/t Au from 111 metres;
  - incl 5.0 metres grading 19.2g/t Au from 118 metres.
- RWRC246 10.0 metres grading 5.47g/t Au from 215 metres.
- RWRC248 72.0 metres grading 1.27g/t Au from 149 metres;
  - and 5.0 metres grading 2.38g/t Au from 229 metres.
- RWRC249 12.0 metres grading 3.39g/t Au from 75 metres.
- RWRC271 42.0 metres grading 1.20g/t Au from 178 metres;
  - incl 9.0 metres grading 3.13g/t Au from 208 metres.
- RWRC275 30.0 metres grading 1.27g/t Au from 240 metres;
  - incl 6.0 metres grading 4.08g/t Au from 255 metres;
  - and 40.0 metres grading 1.77g/t Au from 276 metres;
  - incl 10.0 metres grading 3.33g/t Au from 276 metres.
- RWRC278 7.0 metres grading 2.87g/t Au from 195 metres;
  - and 118.0 metres grading 2.58g/t Au from 234 metres;
  - incl 5.0 metres grading 8.01g/t Au from 250 metres;
  - and 4.0 metres grading 8.64g/t Au from 294 metres
  - RWRC279 6.0 metres grading 2.07g/t Au from 222 metres;
  - and 98.0 metres grading 2.43g/t Au from 270 metres;
  - and 3.0 metres grading 10.4g/t Au from 277 metres;
  - incl 2.0 metres grading 28.6g/t Au from 292 metres;
  - and 6.0 metres grading 3.83g/t Au from 375 metres.

Significant intercepts from the San Antonio Deposit include:

RWRC165D	7.0 metres grading 7.67g/t Au from 186 metres;
and	2.0 metres grading 10.9g/t Au from 217 metres.
RWRC251D	5.0 metres grading 2.99g/t Au from 228 metres;
incl	1.0 metres grading 10.4g/t Au from 228 metres.
RWRC254	24.0 metres grading 1.23g/t Au from 27metres;
incl	3.0 metres grading 4.06g/t Au from 30 metres;
and	6.0 metres grading 3.70g/t Au from 102 metres.
RWRC255	48.0 metres grading 1.48g/t Au from 24 metres;
and	6.0 metres grading 2.02g/t Au from 114 metres.
RWRC256	45.0 metres grading 1.62g/t Au from 45 metres;
incl	3.0 metres grading 7.12g/t Au from 60 metres.
RWRC257D	22.0 metres grading 2.25g/t Au from 205 metres;
incl	4.0 metres grading…