Operations
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20-Apr-2023Quarterly Activities Report to 31 March 2023
Tomingley Gold Operations (Tomingley) Gold production of 16,641oz met forecast for the quarter, with site operating cash costs at A$990/oz and AISC of A$1,805/oz. FY2023 year-to-date production is 54,431oz at an AISC of A$1,446/oz. Gold sales for the quarter of 19,163oz for revenue of A$53.4m at an average price of A$2,787/oz. FY2023 guidance for Tomingley […]
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05-Apr-2023Tomingley Q3 FY2023 Production
Highlights Q3 FY2023 gold production was 16,641oz, bringing year to date FY2023 production to 54,431oz. Group unaudited cash, bullion and listed investments position at 31 March 2023 totalled A$117.2M. Tomingley is expected to produce at the upper end of FY2023 guidance, which remains unchanged at 62,000oz to 70,000oz production at an AISC of $A1,550/oz to […]
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28-Mar-2023Drilling Results Confirm Extensive Mineralisation at Boda Two
Alkane is pleased to announce further results from its drilling program at the Company’s Northern Molong Porphyry Project in Central New South Wales. The program extends over three kilometres from Kaiser, through Korridor and Boda, down to Boda Two and Boda Three. The Company believes this system has the potential to be a large, tier […]
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09-Mar-2023Acquisition of Exploration Tenements in New South Wales
Alkane is pleased to announce that it has entered into an agreement to acquire two packages of exploration tenements (the Projects) in the Macquarie Arc, New South Wales from Sandfire Resources Ltd (ASX:SFR) for 2,781,438 ALK shares (being $1,900,000 worth of shares). The Projects acquired will be 100% Alkane owned with no underlying royalties or […]
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27-Feb-2023Kaiser Resource Estimate of ~4.7M Gold Equivalent Ounces
Alkane is pleased to announce the initial Kaiser resource following its extensive drilling program at its Kaiser Prospect in Central New South Wales. The Kaiser resource is located 500 metres northwest of Boda, a landmark porphyry gold-copper system, within the Northern Molong Porphyry Project, which the Company believes has the potential to be a large, […]
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22-Feb-2023Tomingley Gold Extension Project Approved, Project Financing Secured
Highlights The Tomingley Gold Extension Project has been approved by the NSW Minister for Planning. The approval allows for open cut and underground mining at the Roswell and San Antonio deposits, processing of ore at 1.75Mtpa, relocation of the Newell Highway and an extension of mine life to 2032. Underground mining at Roswell is due […]
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25-Jan-2023Quarterly Activities Report to 31 December 2022
Tomingley Gold Operations (Tomingley) Gold production of 18,301oz exceeded forecast for the quarter, with site operating cash costs at A$1,103/oz and AISC of A$1,323/oz. Gold sales for the quarter of 17,855oz for revenue of A$46.7M at an average price of A$2,618/oz. FY2023 guidance for Tomingley has increased to 62,000oz to 70,000oz production at an AISC […]
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05-Jan-2023Tomingley Update and Guidance Upgrade
Highlights Tomingley exceeds production forecast for the December quarter. December quarter production of 18,301oz brings 1H2023 production to 37,790oz Au. FY2023 guidance for Tomingley is now 62,000oz to 70,000oz Au at an AISC of A$1,550/oz to $1,800/oz (previously 55,000 to 60,000oz Au at an AISC of A$1,650/oz to $1,900/oz). Group unaudited cash, bullion and listed […]