Operations
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21-Oct-2020Quarterly Activities Report to 30 September 2020
Alkane Resources has now released the Q1FY21 Activities Report. Please find below a summary of activities. Tomingley Gold Operations Gold production on forecast for the quarter at 11,499 ounces, with site operating cash costs at A$1,178/oz and AISC of A$1,575/oz. Gold sales of 11,945 ounces for the quarter for revenue of A$27.0M at an average price of […]
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28-Aug-2020High Grade Depth Extensions Identified at Roswell Below Current Inferred Resource
Highlights: Drilling to infill the Inferred Resources at the Roswell and San Antonio deposits continues; 48 holes have been drilled for a total of 13,000 metres. The drilling has confirmed depth extensions at Roswell with intercepts approximately 80 to 100 metres below the base of the previously defined Inferred Resource and confirm potential of the […]
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25-Aug-2020Alkane Delivers Profit After Tax of A$12.8 Million for FY2020
Alkane Resources Ltd results for the financial year ended 30 June 2020 are now available. The table below is a summary of the financial results: 1. Profit for the business excluding the ASM business which was demerged in July 2020. The profit was largely driven by excellent production and cost performance at the Tomingley Gold […]
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19-Aug-2020Tomingley Gold Extension Project Consultation Plans
Alkane advises that the approval process with the New South Wales Government to allow the development of the San Antonio and Roswell deposits, within the Company’s 100% owned Tomingley Gold Project (TGP) in Central West New South Wales, is well underway. Key points Extensive consultation has been taking place with local landholders and key government […]
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18-Aug-2020Resource and Reserve Statements FY20
Alkane has released a report that provides a compilation of identified Mineral Resources and Ore Reserves for the Tomingley Gold Operations, Tomingley Gold Project and the Peak Hill Gold Project in the Central West region of New South Wales, as at 30 June 2020. Highlights Mineral Resources and Ore Reserves for the Tomingley Gold Operations […]
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29-Jul-2020Demerger of Australian Strategic Materials complete
Alkane is pleased to announce that the in specie distribution and transfer of Australian Strategic Materials Limited (ASX: ASM) shares to Alkane Eligible Shareholders and the Sale Agent, completed yesterday, in line with the timetable detailed in the Demerger Booklet released to the ASX on 17 June 2020. The total number of ASM shares on […]
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16-Jul-2020Alkane shareholders approve demerger of ASM
Alkane is pleased to announce that shareholders have approved the demerger of Australian Strategic Materials Limited (ASM). Key points: Alkane shareholders overwhelmingly approve the Demerger of ASM, with both resolutions tabled at the Extraordinary General Meeting passed. ASM will become one of Australia’s preeminent specialty materials development companies when it lists on the ASX, which is on […]
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16-Jul-2020Additional Significant Results from Infill Roswell and San Antonio Resource Drilling
Highlights include: Drilling to infill the Inferred Resources at the Roswell and San Antonio deposits continues and 62 holes have been drilled for a total of 15,200 metres. The drilling has confirmed continuity to the defined resources. Roswell drilling is nearing completion. An updated resource calculation for Roswell is anticipated to be released along with […]