Alkane Resources Finds Deep Gold-Copper Mineralization Below Peak Hill Pit
Alkane Resources said hole PHD084 cut gold-copper mineralization roughly 1 km below the Proprietary pit at Peak Hill, including 6.4 meters at 0.42 g/t gold and 153 meters at 0.11 g/t gold. The hole did not hit the intended porphyry intrusion, and the grades were lower than those from drilling about 1 km higher. Supported by a $165,000 exploration grant, the company plans six holes totaling 6,600 meters from November 2026, with final assays due in 2027.
Alkane Resources’ hole PHD084 at Peak Hill reached 1,651 metres. It cut gold-copper intervals about one kilometre beneath the Proprietary pit: 6.4 metres at 0.42 g/t gold and 0.01% copper from 1,000.6 metres, plus 153 metres at 0.11 g/t gold and 0.02% copper from 1,427 metres, including 4.8 metres at 0.46 g/t gold and 0.06% copper. The company views this as a possible deeper extension of the mined system.
The target porphyry intrusion was not intersected, and grades were below those from drilling roughly one kilometre higher. A $165,000 NSW Critical Minerals grant supported the work. Alkane plans six holes totalling 6,600 metres from November 2026, with final assays expected in 2027; a study will assess nearby intrusions, and geotechnical drilling will aid future underground mining studies.
Count words. First para: Alkane(1) Resources’(2) hole(3) PHD084(4) at(5) Peak(6) Hill(7) reached(8) 1,651(9) metres(10). It(11) cut(12) gold-copper(13) intervals(14) about(15) one(16) kilometre(17) beneath(18) the(19) Proprietary(20) pit(21): 6.4(22) metres(23) at(24) 0.42(25) g/t(26) gold(27) and(28) 0.01%(29) copper(30) from(31) 1,000.6(32) metres(33), plus(34) 153(35) metres(36) at(37) 0.11(38) g/t(39) gold(40) and(41) 0.02%(42) copper(43) from(44) 1,427(45) metres(46), including(47) 4.8(48) metres(49) at(50) 0.46(51) g/t(52) gold(53) and(54) 0.06%(55) copper(56). The(57) company(58) views(59) this(60) as(61) a(62) possible(63) deeper(64) extension(65) of(66) the(67) mined(68) system(
... No markdown? Plain text. Good. Need check "entirely original wording, never copying source phrasing." Some phrases like "gold-copper intervals", "Proprietary pit", "porphyry intrusion", "NSW Critical Minerals grant", "final assays due in 2027", "geotechnical drilling" are from source but factual terms. "never copying source phrasing" means don't copy sentences. We are okay. But maybe "The intended porphyry intrusion was not intersected" close to "did not reach the targeted underlying porphyry intrusion". Fine. "grades were lower than drilling roughly one kilometre higher" close. Could rephrase. "Assays from the planned follow-up program are expected in 2027" source. We wrote "final assays due in 2027". Fine. Need maybe mention "commissioned study" not just "a study". We wrote "