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Nagambie Resources Advances Alkane JV with Drilling and Debt Cuts

5:05pm on Friday 31st of July, 2026 AEST Mining
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Nagambie Resources Advances Alkane JV with Drilling and Debt Cuts

5:05pm on Friday 31st of July, 2026 AEST
Key Points
  • Alkane mobilises two diamond drill rigs to Nagambie Mine
  • Nagambie redeems $2.375 million convertible notes and halves working capital facility
  • Alkane becomes 13.2% substantial shareholder in Nagambie
  • Nagambie retains full ownership of Whroo and Wandean projects
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