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Alkane Resources details planned extension of Tomingley mine life


Alkane Resources details planned extension of Tomingley mine life
Alkane Resources Ltd s (ASX:ALK) Nic Earner talks Proactive s Andrew Scott through the life of mine plan for its Tomingley gold operations in Central New South Wales. Tomingley is an operating mine that has been producing gold since early 2014. He says the Roswell and San Antonio resources will be mined as part of an expanded operation that extends the mine’s life to at least 2031.
Quick facts: Alkane Resources Ltd
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New South Wales , San Antonio , United States , Andrew Scott , Nic Earner , Central New South , Mid Caps , Director Interviews , Gold Silver , Alkane Resources Ltd , Sx Alk , புதியது தெற்கு வேல்ஸ் , சான் அன்டோனியோ , ஒன்றுபட்டது மாநிலங்களில் , ஆண்ட்ரூ ஸ்காட் , மைய புதியது தெற்கு , நடுவில் தொப்பிகள் , பழையது வெள்ளி ,

Alkane Resources Ltd's gold production in March quarter beats Ord Minnett's expectations


Alkane Resources’ gold production in March quarter beats Ord Minnett’s expectations
Ord Minnett has a buy recommendation and a $1.30 per share price target for Alkane, which is a 48% valuation upside on the current share price of 88 cents.
Gold production of 16,000 ounces exceeded Ord Minnett’s expectations by 33%.
Alkane Resources Ltd (ASX:ALK) (OTCMKTS:ALKN) (FRA:AK7) was initiated by Ord Minnett Research in January 2021 after seeing Alkane’s potential to transform into a mid-tier miner with multiple assets producing ~200,000 ounces per annum.
Ord Minnett has now released a ‘3Q21: Upgrades + Initiation Reminder’ following a solid quarter during which Alkane’s gold production of 16,000 ounces exceeded Ord Minnett’s expectations by 33%. ....

New South Wales , Ord Minnett Research , Initiation Reminder , Ord Minnett , March Qtr , January Initiation , Buy Rec , Mid Caps , Gold Silver , Alkane Resources Ltd , Sx Alk , புதியது தெற்கு வேல்ஸ் , நடுவில் தொப்பிகள் , பழையது வெள்ளி ,

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 Wales , Ian Gandel , Tomingley Gold Mine , Ord Minnett , Boda Prospect , Central West New South , Northern Molong Porphyry Project , Boda Two , புதியது தெற்கு வேல்ஸ் , போடா ப்ராஸ்பெக்ட் , மைய மேற்கு புதியது தெற்கு , வடக்கு 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 Wales , Alkane Resources , Alkane Resources Limited , Boda Prospect , Central West New South , Northern Molong Porphyry Project , Nic Earner , Northern Molong Porphyry , Boda Two , Tomingley Gold Operations , Mid Caps , Gold Silver , Alkane Resources Ltd , Sx Alk , புதியது தெற்கு வேல்ஸ் , போடா ப்ராஸ்பெக்ட் , மைய மேற்கு புதியது தெற்கு , வடக்கு மொளோங் போர்ஃபரீ ப்ராஜெக்ட் , வடக்கு மொளோங் போர்ஃபரீ , டொமிங்லி தங்கம் செயல்பாடுகள் , நடுவில் தொப்பிகள் , பழையது வெள்ளி ,

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 Wales , San Antonio , United States , Macquarie Bank , Tomingley Gold Operations , Central West New South Wales , San Antonio Deposit , Tomingley Extension Project , Environmental Impact Statement , Northern Molong Porphyry Project , Duke Zone , Boda Two , Mid Caps , Gold Silver , Alkane Resources Ltd , Sx Alk , புதியது தெற்கு வேல்ஸ் , சான் அன்டோனியோ , ஒன்றுபட்டது மாநிலங்களில் , மக்வரீ வங்கி , டொமிங்லி தங்கம் செயல்பாடுகள் , மைய மேற்கு புதியது தெற்கு வேல்ஸ் , சான் அன்டோனியோ வைப்பு , டொமிங்லி நீட்டிப்பு ப்ராஜெக்ட் , சுற்றுச்சூழல் தாக்கம் அறிக்கை , வடக்கு மொளோங் போர்ஃபரீ ப்ராஜெக்ட் ,