Operations
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17-Nov-20212021 Annual General Meeting
The Annual General Meeting (AGM) of Alkane Resources Ltd was held on 17 November 2021 as a virtual meeting.
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29-Oct-2021Quarterly Activities Report to 30 September 2021
Tomingley Gold Operations (Tomingley) Gold production met forecast for the quarter of 12,141oz, with site operating cash costs at A$1,531/oz and AISC of A$1,961/oz. Lower grade stopes were mined late in the quarter, with higher grade stopes forecast for early in the current quarter. Gold sales of 13,359 ounces for revenue of A$33.0M at an […]
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22-Oct-2021Mineralised System Continues to Grow at Boda
Assay results have been received for a further 19 core and RC drill holes testing the extensive gold–copper mineralisation at Boda, Boda Two, Boda Three and Kaiser within the Northern Molong Porphyry Project (NMPP). Drilling at Boda to delineate the strike and dip extent of the porphyry gold-copper mineralisation continues. The drilling to date has […]
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16-Sep-2021Near Mine Exploration at Tomingley Delivers Significant Intercepts
Alkane is pleased to announce the latest exploration results for drilling in the region around the Company’s Tomingley Gold Operations (Tomingley) in Central New South Wales. Regional exploration drilling completed in recent months tested targets adjacent to Tomingley, including extensions to the San Antonio and Roswell Deposits. Significant gold mineralisation was identified at several prospect […]
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30-Aug-2021Alkane Delivers Profit After Tax of A$55.7 Million for FY2021
Alkane Resources Ltd results for the year ended 30 June 2021 are now available. The table below is a summary of the financial results: June 2021(A$’000) June 2020(A$’000) Change(A$’000) Change% Gold revenue 127,833 72,549 55,284 76% Gold production (ounces) 56,958 33,507 23,451 70% Gold sales (ounces) 55,929 32,995 22,934 70% Sale price ($/oz) 2,286 2,199 […]
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16-Aug-2021High-grade mineralisation from surface at Boda
Alkane is pleased to announce the intersection of further high-grade mineralisation at its Boda Prospect in Central New South Wales. Boda is a landmark porphyry gold-copper system, within the Northern Molong Porphyry Project, which the Alkane believes has the potential to be a large, tier one gold-copper project Reverse Circulation (RC) drilling to test for […]
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04-Aug-2021New $16 million fleet to drive Tomingley Gold Extension Project
Alkane is rolling out a $16 million upgrade of its underground mining equipment fleet to support the development of the Tomingley Gold Extension Project. Alkane’s Tomingley Gold Operations (TGO) recently received a new Sandvik DL432i Production Drill, a fully-mechanized, highly versatile and compact electro-hydraulic top hammer longhole drill, to replace an older model drill. TGO, […]
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22-Jul-2021Quarterly Activities Report to 30 June 2021
Tomingley Gold Operations (TGO) Gold production above forecast for the quarter at 13,500oz, with site operating cash costs at A$1,199/oz and AISC of A$1,669/oz. Gold sales of 11,526 ounces for the quarter for revenue of A$27.7M at an average price of A$2,401/oz. FY2021 gold production was 56,958oz (guidance 50,000oz to 55,000oz) at an AISC of […]