Alkane seeks to extend our gold mining operations at Tomingley in central-western NSW to two newly defined deposits immediately south of the existing mine.
We have been producing gold at Tomingley Gold Operations (TGO) since 2014. After a period of open cut mining at the Caloma and Wyoming deposits, underground mining commenced in 2019.
If government permission is granted, the Tomingley Gold Extension Project will be a $30m+ project conducted with consideration for the environment and the community. Mining of the newly defined San Antonio and Roswell (SAR) deposits will extend the life of TGO for seven to ten years. This will secure an additional 150 jobs for the region and extend our business arrangements with numerous local suppliers.
The NSW government classifies this project as a State Significant Development (SSD). The process to obtain government approval involves rigorous environmental studies and consultation with the local community, stakeholder groups, industry regulators and government agencies. We have commenced this process with the aid of independent consultants, targeting approval in mid-2021.
Feedback from the consultation and approval process will directly inform the final design of the project and the rehabilitation of final landforms. At present we intend to develop a single open cut and an underground mine. To achieve this, we will reconstruct an 8.4km section of the Newell Highway. The project information page outlines these plans in more detail. Development and rehabilitation plans are currently under consideration as we continue to explore better outcomes for the community, the environment and our shareholders.