Alkane Resources talks acquisition of new porpyhry gold-copper tenements in NSW

–News Direct–

Alkane Resources Ltd (ASX:ALK) MD Nic Earner tells Proactive the company has entered into an agreement with Sandfire Resources Ltd to acquire two packages of exploration tenements in the Macquarie Arc of New South Wales in return for $1.9 million worth of ALK shares. The two projects will be wholly acquired by Alkane with no underlying royalties or liabilities and are considered to be highly prospective for gold-copper porphyry deposits.

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