Operations
Categories
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08-Mar-2021Drilling at Kaiser Intersects Significant Au-Cu Mineralisation
KSDD027 intersected two zones of gold-copper porphyry mineralisation with grades and alteration similar to Boda and significant assay results of: KSDD027 360m grading 0.38g/t Au, 0.15% Cu from 0m (Duke Zone) incl 7m grading 0.90g/t Au, 0.26% Cu from 119m also 6m grading 0.90g/t Au, 0.29% Cu from 204m also 6m grading 1.71g/t Au, 0.24% […]
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26-Feb-2021Alkane Delivers Half-Year Profit After Tax of A$38.8 Million
Alkane Resources Limited (ASX:ALK, the Company) is pleased to report a $38m Half-Year profit after tax, driven by a 90% increase in gold production at Tomingley and the successful demerger of Australian Strategic Materials. Highlights The successful demerger and listing of Australian Strategic Materials (ASX:ASM). A company profit after tax of A$38.8 million driven by […]
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16-Feb-2021Updated San Antonio Resource Estimation Shows Contained Ounces for Tomingley Extension of ~1.1Moz
The Global Mineral Resource (Indicated and Inferred) for the San Antonio Deposit has been updated after an additional 37,000 metres of drilling, and now stands at: 7.3 million tonnes grading 1.72g/t gold (406,000oz). The San Antonio resource remains open for extensions at depth, with particular focus on the high-grade gold structures within the western monzodiorite […]
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27-Jan-2021Final Assays Received for Resource Drilling at San Antonio
Infill drilling of the San Antonio resource is complete and final assays have now been received. The completed drilling program comprised 167 holes for a total of 37,000 metres. Final assay results were received from 20 RC and core holes, for a total of 5,000 metres. Latest significant intercepts for the San Antonio deposit include: […]
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19-Jan-2021Quarterly Activities Report to 31 December 2020
Tomingley Gold Operations (TGO) Gold production above forecast for the quarter at 15,919 ounces, with site operating cash costs at A$720/oz and AISC of A$1,201/oz. Gold sales of 16,613 ounces for the quarter for revenue of A$38.2M at an average price of A$2,302/oz. Guidance for FY2021 increased to 47,000 to 52,000 oz at an AISC […]
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18-Dec-2020High Grade Zones Intersected at Boda by Revised Drilling Orientation
Alkane announces intersection of further high-grade mineralisation at the Boda Prospect in Central New South Wales. Reinterpretation of geology undertaken as drilling progressed at Boda suggested a northwest structural trend. One diamond core hole, KSDD028, was designed to intersect perpendicular to this northwest structural trend and the high-grade breccia identified by KSDD007 to further define […]
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16-Dec-2020Resource Drilling Update for San Antonio
The infill drilling of the San Antonio Inferred Resource is now complete, with final assays pending in January 2021. The drilling program comprised of 167 holes for a total of 37,000 metres. Assay results have been recently received for 51 drill holes, for a total of 10,600 metres. Alkane Managing Director, Nic Earner, said these […]
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11-Nov-2020Corporate Presentation on Boda
Alkane has released an Investor Presentation on the Boda Porphyry as part of the Company’s routine corporate update to various industry analysts and institutional investors. Download the presentation, watch the video with Managing Director Nic Earner and Technical Director Ian Chalmers or view the recent ASX announcement. Proactive Interview Nic Earner also caught up with […]