Fortbridge Media Release

Alkane Resources Ltd [ASX:ALK OTCQX:ANLKY] - ASX Announcement - MOU signed for DZP entire Niobium production

In Summary:
As released to the ASX this morning, Alkane is pleased to announce that the Company has signed an MOU with a European company to produce and market ferro-niobium (FeNb) using Niobium concentrate from the Dubbo Zirconia Project (DZP). The parties will enter into a J/V to produce over 3,000 tonnes of FeNb annually, with a potential market value of US$95M.

Company Background:
Alkane is a multi commodity explorer and miner with its operations focused in the Central West of New South Wales, about 400 kilometres northwest of Sydney. Over several years, including experience in developing the Peak Hill Gold Mine, Alkane has built a substantial resource base and is proceeding towards several developments, including the Dubbo Zirconia Project (DZP).