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Exploration|Gold|Mining|PROJECT|Resources|Testing|Drilling|Operations
Exploration|Gold|Mining|PROJECT|Resources|Testing|Drilling|Operations
exploration|gold|mining|project|resources|testing|drilling|operations

Alkane signs earn-in deal on Nagambie gold-antimony project

30th January 2026

By: Creamer Media Reporter

     

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Gold and antimony producer Alkane Resources has executed a conditional placement and earn-in agreement with ASX-listed Nagambie Resources to advance exploration at Nagambie’s core gold/antimony project in Victoria.

The tenement package is located on a mining lease about 40 km north-east of Alkane's Costerfield operations.

The agreement comprises a proposed equity placement and an earn-in arrangement, under which Alkane is expected to fund exploration activities aimed at testing the depth potential of the project. Alkane notes that there has been limited deep drilling at Nagambie to date, leaving significant scope to assess possible extensions at depth.

The proposed investment will initially focus on deeper drilling to evaluate the scale and continuity of mineralisation beneath existing workings, which Alkane has identified as a priority target.

Edited by Creamer Media Reporter

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