Proposed Investment and Earn-in with Nagambie Resources

Proposed Investment and Earn-in with Nagambie Resources

PERTH, Australia, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Alkane Resources Limited (ASX: ALK, TSX: ALK, OTCQX: ALKEF) (‘Alkane’) has executed a term sheet comprising a conditional placement and earn-in agreement with Nagambie Resources Limited (ASX: NAG) (‘Nagambie’) in relation to…

Alkane, Nagambie strike proposed joint venture at Victorian gold-antimony project

Image: Thares2020/stock.adobe.comNagambie Resources has signed a binding term sheet with Alkane Resources for a proposed joint venture covering the Nagambie mine and nearby exploration ground in Victoria. Under the proposed deal, Alkane would be able to earn up to an 80 per cent interest in the project by spending up to $27.5 million on exploration and development. Alternatively, Alkane could earn a 60 per cent interest by funding $12.5 million.…