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Alkane Resources Ltd chairman Ian Gandel buys shares worth $2 92 million

Alkane Resources chairman Ian Gandel buys shares worth $2.92 million Alkane produced 16,000 ounces of gold at the Tomingley Gold Mine in NSW during the March quarter which exceeded stockbroker Ord Minnett’s expectations by 33%. Non-executive chairman Ian Gandel (second from left) Alkane Resources Ltd (ASX:ALK) non-executive chairman Ian Gandel has shown confidence in Alkane’s ambition of becoming Australia’s next multi-mine gold producer by acquiring shares worth $2.92 million. Gandel purchased 3,400,000 shares in on-market trades at an average price of 85.91 cents per share for a total consideration of $2,920,940, taking his holding in Alkane to more than 150 million shares in indirect interests.

New south walesIan gandelTomingley gold mineOrd minnettBoda prospectCentral west new southNorthern molong porphyry projectBoda twoபுதியது தெற்கு வேல்ஸ்போடா ப்ராஸ்பெக்ட்மைய மேற்கு புதியது தெற்குவடக்கு மொளோங் போர்ஃபரீ ப்ராஜெக்ட்

Alkane Resources Limited shares surge following further high-grade gold-copper hits at Boda Prospect

Alkane Resources shares surge following further high-grade gold-copper hits at Boda Prospect Assays received from the current drilling program at Boda and Boda Two comprised of seven diamond core holes for a total of 10,091 metres. 0.3 metres grading 43.4g/t gold, 7.8% copper from 886.4 metres. Alkane Resources Limited’s (ASX:ALK) shares have surged about 16% intra-day following the intersection of further high-grade mineralisation at the Boda Prospect in Central West New South Wales. Boda is a landmark porphyry gold-copper system, within the Northern Molong Porphyry Project (NMPP), which Alkane believes has the potential to be a large, tier one gold-copper project. Two diamond core holes at Boda, KSDD029 and KSDD031, were designed to intersect the northwest structural trend and test down plunge of the high-grade breccia identified by KSDD007 and KSDD028.

New south walesAlkane resourcesAlkane resources limitedBoda prospectCentral west new southNorthern molong porphyry projectNic earnerNorthern molong porphyryBoda twoTomingley gold operationsMid capsGold silverAlkane resources ltdSx alkபுதியது தெற்கு வேல்ஸ்போடா ப்ராஸ்பெக்ட்

Alkane Resources Ltd March quarter gold production above forecast at 16,040 ounces, guidance lifted

Alkane Resources March quarter gold production above forecast at 16,040 ounces, guidance lifted The gold producer has again increased its 2021 financial year guidance to 50,000-55,000 ounces at a reduced AISC of A$1,400 to A$1,550 per ounce. The company continues consultation for the Tomingley Gold extension Project. Alkane Resources Ltd’s (ASX:ALK) (OTCMKTS:ALKN) (FRA:AK7) gold production for the quarter ended March 31, 2021, from its operations in Tomingley Gold Operations (TGO) in Central West New South Wales has come in above forecast at 16,040 ounces. The company recorded gold sales of 15,844 ounces for revenue of A$34.9 million at an average price of A$2,203 per ounce.

New south walesSan antonioUnited statesMacquarie bankTomingley gold operationsCentral west new south walesSan antonio depositTomingley extension projectEnvironmental impact statementNorthern molong porphyry projectDuke zoneBoda twoMid capsGold silverAlkane resources ltdSx alk

Alkane Resources Ltd March quarter gold production above forecast at 16,040 ounces, guidance lifted

Alkane Resources Ltd March quarter gold production above forecast at 16,040 ounces, guidance lifted
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San antonioUnited statesMacquarie bankTomingley gold operationsCentral west new south walesSan antonio depositTomingley extension projectEnvironmental impact statementNorthern molong porphyry projectDuke zoneBoda twoசான் அன்டோனியோஒன்றுபட்டது மாநிலங்களில்மக்வரீ வங்கிடொமிங்லி தங்கம் செயல்பாடுகள்மைய மேற்கு புதியது தெற்கு வேல்ஸ்

FTSE 100 bucks up as US indices head north

FTSE 100 bucks up as US indices head north
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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