Alkane Resources has announced a proposed investment and earn-in agreement with Nagambie Resources relating to Nagambie’s core gold-antimony project in Victoria.
The project is strategically located approximately 40km northeast of our Costerfield operations, providing significant operational synergies. Under the proposed structure, Alkane would invest in the project while gaining exposure to additional gold and antimony production, with the potential to process Nagambie ore through our existing Costerfield treatment plant.
This investment is consistent with Alkane’s strategy of growing resources and expanding production at our operations.