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Deep Drilling Identifies Gold Bearing Structure at Tomingley

Deep drilling at Tomingley intersected multiple high-grade gold zones including 2.1m at 78.4g/t Au, confirming a major gold-bearing structure for resource expansion.

  • Recently, Alkane Resources Ltd confirmed that 21 underground diamond-core holes totaling 4,019 metres showed high-grade gold in the Tomingley project, within the RWD061 drill hole extension.
  • To test a seismic reflector, Alkane drilled the mid-portion of the Western Monzodiorite domain to improve Mineral Resource Estimation confidence and support reserve conversion, focusing on the RWD061 seismic reflector.
  • Nic Earner highlighted the assay results, with 176 m at 4.02 g/t Au including 0.5 m at 77.5 g/t Au and 8 m at 2.10 g/t Au in hole EPD020.
  • Near‑mine exploration has recommenced with two diamond core holes planned at the Tomingley One and Tomingley Two prospects to further characterise mineralisation.
  • The work strengthens Alkane Resources Ltd's case for growth in eastern Australia by demonstrating potential to expand resources and upgrade inferred material at Tomingley.
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NiagaraFallsReview.caNiagaraFallsReview.ca
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Deep Drilling Identifies Gold Bearing Structure at Tomingley

PERTH, Australia, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Alkane Resources Limited (ASX: ALK; TSX: ALK; OTCQX: ALKRY) (‘Alkane’ or ‘the Company’) is pleased to announce the latest exploration results and drilling for the underground expansion of existing resources at its…

·Niagara Falls, Canada
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The Hamilton Spectator broke the news in Hamilton, Canada on Monday, February 23, 2026.
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