# Deep Drilling Intersects Epithermal Mineralisation 1km Below Proprietary Pit at Peak Hill Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/deep-drilling-intersects-epithermal-mineralisation-1km-below-proprietary-pit-at--c2d5e232-c1e9-46c4-b83c-fb602be09fc9 Original source: https://alkres.com/deep-drilling-intersects-epithermal-mineralisation-1km-below-proprietary-pit-at-peak-hill/ Publisher: prospectors\_exchange Original announcement: 2026-10-15T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-15T11:48:55.044Z Atlas analysis updated: 2026-10-15T11:48:55.044Z - Company: Alkane Resources - Ticker: ALK - Exchange: Unavailable - Region: New South Wales - Primary commodity: Gold - Secondary commodities: Copper - Document categories: Drill results, Other - Extracted: 2026-10-15 11:48:55 UTC Narrative sentiment: 0.30 · Bullish ## Minestarters Atlas summary Alkane Resources has reported deep drilling results at the Peak Hill Gold Project, intersecting epithermal mineralisation approximately 1km below the Proprietary open cut. The results from hole PHD084 suggest vertical continuity of the gold-copper system and provide a potential vector towards a deeper porphyry target. Reasoning: The results demonstrate significant depth extension of the known epithermal system, providing a new exploration vector despite lower grades. - Positive factor: demonstrated vertical continuity of epithermal mineralisation - Positive factor: intercepted mineralisation 1km below existing pit - Positive factor: identifies potential for deeper copper-gold porphyry system - Negative factor: grades are lower than those in the upper core of the deposit - Negative factor: hole did not resolve the primary porphyry target Facts used in scoring: 6 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The drilling intersected mineralisation 1km vertically below the existing Proprietary open cut. Evidence · text > approximately 1km vertically below the Proprietary open cut ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### PHD084 [Link to this fact](https://atlas-staging.minestarters.com/news/deep-drilling-intersects-epithermal-mineralisation-1km-below-proprietary-pit-at--c2d5e232-c1e9-46c4-b83c-fb602be09fc9#fact-drill-facts-0) Peak Hill · gold #### Identity - Hole ID: PHD084 - Project: Peak Hill - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: ALK #### Geometry - Grade: 0.42 - Grade Unit: g/t - Intercept: 6.4 m - From: 1000.6 m - To: 1007 m - Intercept Depth: 1000.6 m #### Classification - Program: exploration - Sample Type: drill - Group ID: PHD084:1000.6-1007 - Mining Method: open\_pit #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-15T00:00:00.000Z Reasoning: A solid intercept confirming the presence of mineralisation at depth. - Positive factor: intercepted mineralisation within epithermal environment - Negative factor: lower grade than upper core Evidence · text > 0.42 g/t Au over 6.4m from 1,000.6 metres #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### PHD084 [Link to this fact](https://atlas-staging.minestarters.com/news/deep-drilling-intersects-epithermal-mineralisation-1km-below-proprietary-pit-at--c2d5e232-c1e9-46c4-b83c-fb602be09fc9#fact-drill-facts-1) Peak Hill · gold #### Identity - Hole ID: PHD084 - Project: Peak Hill - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: ALK #### Geometry - Grade: 1.02 - Grade Unit: g/t - Intercept: 2 m - From: 1000.6 m - To: 1002.6 m - Intercept Depth: 1000.6 m #### Classification - Program: exploration - Sample Type: drill - Group ID: PHD084:1000.6-1002.6 - Mining Method: open\_pit #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-15T00:00:00.000Z Reasoning: A higher grade component within the main intercept. - Positive factor: higher grade sub-interval Evidence · text > including; 1.02 g/t Au over 2m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### PHD084 [Link to this fact](https://atlas-staging.minestarters.com/news/deep-drilling-intersects-epithermal-mineralisation-1km-below-proprietary-pit-at--c2d5e232-c1e9-46c4-b83c-fb602be09fc9#fact-drill-facts-2) Peak Hill · gold #### Identity - Hole ID: PHD084 - Project: Peak Hill - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: ALK #### Geometry - Grade: 0.11 - Grade Unit: g/t - Intercept: 153 m - From: 1000.6 m - To: 1153.6 m - Intercept Depth: 1000.6 m #### Classification - Program: exploration - Sample Type: drill - Group ID: PHD084:1000.6-1153.6 - Mining Method: open\_pit #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-15T00:00:00.000Z Reasoning: Large width intercept demonstrating the scale of the system at depth. - Positive factor: significant vertical continuity/width - Negative factor: low grade Evidence · text > 0.11g/t Au ... over 153m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### PHD084 [Link to this fact](https://atlas-staging.minestarters.com/news/deep-drilling-intersects-epithermal-mineralisation-1km-below-proprietary-pit-at--c2d5e232-c1e9-46c4-b83c-fb602be09fc9#fact-drill-facts-3) Peak Hill · copper #### Identity - Hole ID: PHD084 - Project: Peak Hill - Commodity: copper - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: ALK #### Geometry - Grade: 0.02 - Grade Unit: % - Intercept: 153 m - From: 1000.6 m - To: 1153.6 m - Intercept Depth: 1000.6 m #### Classification - Program: exploration - Sample Type: drill - Group ID: PHD084:1000.6-1153.6 - Mining Method: open\_pit #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-15T00:00:00.000Z Reasoning: Confirms copper presence within the deep mineralised zone. - Positive factor: presence of copper at depth - Negative factor: low grade Evidence · text > 0.02% Cu over 153m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### PHD084 [Link to this fact](https://atlas-staging.minestarters.com/news/deep-drilling-intersects-epithermal-mineralisation-1km-below-proprietary-pit-at--c2d5e232-c1e9-46c4-b83c-fb602be09fc9#fact-drill-facts-4) Peak Hill · gold #### Identity - Hole ID: PHD084 - Project: Peak Hill - Commodity: gold - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: ALK #### Geometry - Grade: 0.46 - Grade Unit: g/t - Intercept: 4.8 m - From: 1000.6 m - To: 1005.4 m - Intercept Depth: 1000.6 m #### Classification - Program: exploration - Sample Type: drill - Group ID: PHD084:1000.6-1005.4 - Mining Method: open\_pit #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-15T00:00:00.000Z Reasoning: Higher grade component within the deep intercept. - Positive factor: higher grade sub-interval Evidence · text > including; 0.46 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### PHD084 [Link to this fact](https://atlas-staging.minestarters.com/news/deep-drilling-intersects-epithermal-mineralisation-1km-below-proprietary-pit-at--c2d5e232-c1e9-46c4-b83c-fb602be09fc9#fact-drill-facts-5) Peak Hill · copper #### Identity - Hole ID: PHD084 - Project: Peak Hill - Commodity: copper - Region: australia\_nsw - Reported Region: australia\_nsw - Ticker: ALK #### Geometry - Grade: 0.06 - Grade Unit: % - Intercept: 4.8 m - From: 1000.6 m - To: 1005.4 m - Intercept Depth: 1000.6 m #### Classification - Program: exploration - Sample Type: drill - Group ID: PHD084:1000.6-1005.4 - Mining Method: open\_pit #### QA/QC - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-15T00:00:00.000Z Reasoning: Higher grade component within the deep intercept. - Positive factor: higher grade sub-interval Evidence · text > 0.06% Cu over 4.8m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.