Proposed Investment and Earn-in with Nagambie Resources

Core Viewpoint - Alkane Resources Limited has entered into a conditional placement and earn-in agreement with Nagambie Resources Limited to explore Nagambie's gold-antimony project, aiming to target potential depth extensions through investment [1][2]. Group 1: Company Overview - Alkane Resources is an Australia-based producer of gold and antimony, operating three mines in Australia and Sweden [3][4]. - The company's assets include the Tomingley gold mine in New South Wales, the Costerfield operation in Victoria, and the Björkdal mine in Sweden, with ongoing exploration efforts to increase resources at these sites [4]. - Alkane also holds the Boda-Kaiser Project, a significant gold-copper porphyry project in New South Wales, and is actively exploring the surrounding Northern Molong Porphyry Project [5]. Group 2: Strategic Initiatives - The investment in Nagambie aligns with Alkane's strategy to grow resources and expand production capabilities [2]. - The company has identified limited deep drilling at Nagambie, which presents an opportunity for exploration and potential resource enhancement [1].