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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...

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 (NM...

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 recor...