While gold miners fell on a dip in the price of the precious metal yesterday, a swag of explorers caught the attention of investors.

Shares in Bardoc Gold climbed to a near two-year high of 12.5c after it announced the acquisition of two gold projects, which sit near its existing Bardoc project, 30km north of Kalgoorlie.

The John Young and Neil Biddle-backed explorer said the acquisition added 111,600 ounces to its resource inventory, bringing it to 2.6 million ounces.

Bardoc is also expected to announce a resource upgrade at the end of the month from recent drilling.

Alkane Resources shares surged 10.5c, or 27 per cent, to a three-year high of 49c after it announced the discovery of porphyry gold-copper mineralisation at its Northern Molong project in New South Wales.

Managing Director Nic Earner said there was “clear evidence of Cadia-style mineralisation and grade over hundreds of metres” at its Boda prospect. Porphyry deposits tend to be very big but low grade.

Meanwhile, shares in another porphyry-focused explorer, PolarX, soared 2.7c, or 31 per cent, to 11.5c with investors anticipating good drill results from its Alaska Range project.