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 […]
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 […]
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 […]
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, […]
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 […]
Alkane is pleased to announce its Tomingley Gold Operations in central west New South Wales has exceeded its FY2021 production guidance of 50,000oz to 55,000oz. This guidance was upgraded in April from original full year guidance of 45,000oz to 50,000oz. The exceedance is primarily due to the grade of material processed being higher than forecast. […]
Alkane is pleased to announce the life of mine (LOM) plan for the Company’s Tomingley Gold Operations (Tomingley) in Central New South Wales. Tomingley is an operating mine that has been producing gold since early 2014. The Tomingley LOM plan extends the mine into the Roswell and San Antonio deposits to the immediate south of […]
Alkane Managing Director Nic Earner and Technical Director Ian Chalmers have provided another Boda Porphyry video update as part of the Company’s routine corporate update to various industry analysts and institutional investors. Watch the video below or see the latest Boda drilling results released on 3 May 2021.