Key facts
| Company | Alkane Resources (TSX: ALK) |
|---|---|
| Commodity | Gold |
| Location | Wyoming, USA |
| Stage | Production |
About Tomingley Gold Project
Alkane’s Tomingley Gold Project covers an area of approximately 440 square km, stretching 60km north-south along the Newell Highway in Central West NSW. The prospective belt extends from near the village of Tomingley in the north, through Peak Hill and almost to Parkes in the south.
News releases22 on file
Deep Drilling Identifies Gold Bearing Structure at Tomingley
Deep exploration drilling at the Tomingley Gold Operations in New South Wales extended hole RWD061 to 1,392m, intersecting a seismic reflector about 400m below current resources as gold-arsenic enriched hydrothermal breccias and veining, returning 8.7m at 1.15g/t Au including 3m at 2.78g/t Au. Underground drilling of 21 holes totalling 4,019m at Roswell's Western Monzodiorite returned 5.9m at 31.0
Drill resultsTomingley Drilling Discovers New Mineralisation at McLeans
Underground drilling at the Tomingley Gold Operations in Central New South Wales discovered a second gold-bearing andesite about 150m west of the current McLeans resource, with intercepts including 26 metres at 4.36 g/t Au from 112 metres (including 3.3 metres at 22.8 g/t Au) and 10.7 metres at 2.09 g/t Au from 105 metres, from 9 diamond holes for 3,247 metres. Results from 89 holes totalling 18,0
Drill resultsProject Finance Facility Fully Repaid
The outstanding A$45,000,000 balance on the Macquarie project finance facility, established for the expansion of the Tomingley Gold Operations in Central New South Wales, has been repaid from cash reserves. Alkane is now substantively debt free apart from standard equipment financing.
FinancingTomingley Exploration Intersects Significant Gold at El Paso
Drilling at the El Paso prospect, 2km south of San Antonio within the Tomingley Gold Project in Central New South Wales, returned 8.2 metres grading 3.74 g/t Au from 224.8 metres (including 1 metre at 25.0 g/t Au) in EPD016 and 32.1 metres at 1.65 g/t Au from 66.9 metres in EPD017. Four diamond holes totalling about 1,200 metres were completed, with 2,000 metres of further diamond drilling startin
Drill resultsQuarterly Activities Report to 30 June 2025
Gold production at Tomingley Gold Operations was 19,193oz for the June quarter and 70,120oz for FY2025, within full year guidance, with site AISC of A$2,302/oz for the quarter and A$2,560/oz for FY2025. Quarterly gold sales of 18,476oz generated revenue of A$78.0 million at an average price of A$4,221/oz, and cash and bullion rose A$9.8 million to A$60.3 million. Alkane and Mandalay Resources shar
CorporateTomingley FY2025 Production Achieves Guidance
Tomingley Gold Operations in central west New South Wales produced 19,193oz of gold in the June quarter and 70,120oz for FY2025, within full year guidance. Cash and bullion stood at A$60.3 million at 30 June 2025, up A$9.8 million from the March quarter, with cash, bullion and listed investments totalling A$68.3 million (unaudited). Quarterly underlying free cashflow was A$12.3 million before A$4.
CorporateQuarterly Activities Report to 31 March 2025
Tomingley Gold Operations in New South Wales produced 17,657oz in the March quarter, taking FY2025 production to 50,927oz, with 16,513oz sold for A$63.4m at an average A$3,839/oz, site operating cash costs of A$2,178/oz and AISC of A$2,770/oz. FY2025 guidance of 70,000–80,000oz at AISC of A$2,400–2,600/oz is unchanged, with production expected at the lower end. Cash and bullion rose $11.0m to $50.
CorporateHigh-Grade Intercepts in Resource Expansion Drilling at Tomingley: Caloma and Roswell Return Significant Results
Underground resource expansion and pre-mine grade control drilling at the Tomingley Gold Operations in Central New South Wales returned high-grade results. At Caloma One, 71 holes for 15,264 metres tested Lodes 13, 18, 19, 54 and 58, with intercepts including 3.1 metres grading 196.95g/t Au from 115.4 metres and 8 metres grading 25.47g/t Au from 75 metres. At Roswell, 13 holes for 2,395m included
Drill resultsUnderground Resource Expansion Drilling at Tomingley
Underground resource expansion drilling at the Caloma Two deposit at Tomingley Gold Operations in Central New South Wales comprised 91 holes for 15,439 metres, testing mineralised structures separate from defined resources known as Lodes 81, 85 and 86. Intercepts included 6.2 metres at 20.79g/t Au from 107.5 metres (including 1.3 metres at 91.0g/t Au), 18.5 metres at 3.76g/t Au from 136.5 metres,
Drill resultsGold Intercepts below San Antonio Resource at Tomingley
Core drilling below the San Antonio open cut resource at the Tomingley Gold Operations in Central New South Wales returned 3m at 1.79g/t Au from 273m, 2m at 5.03g/t Au from 416m and 1m at 2.98g/t Au from 464m in SAR003D, and 1m at 2.78g/t Au from 334m and 6m at 1.37g/t Au from 711m in SAR004D. Regional exploration for 2025 includes a 17,000m aircore program plus about 3,200m of RC and diamond dril
Drill resultsQuarterly Activities Report to 31 December 2024
Tomingley Gold Operations in New South Wales sold 16,576oz of gold in the December 2024 quarter for revenue of A$59.4m at an average price of A$3,582/oz, with production of 14,852oz below forecast, site operating cash costs of A$2,015/oz and AISC of A$3,053/oz. FY2025 guidance of 70,000oz to 80,000oz at an AISC of A$2,400/oz to A$2,600/oz was unchanged. Recoveries were 84.2% for the quarter and 87
CorporateQuarterly Activities Report to 30 September 2024
Gold production at Tomingley Gold Operations in NSW was 18,418oz for the September 2024 quarter at site operating cash costs of A$1,840/oz and AISC of A$2,182/oz, with sales of 18,208oz generating A$62.3m at an average A$3,422/oz. FY2025 guidance of 70,000oz to 80,000oz at AISC of A$2,400/oz to A$2,600/oz is unchanged. The paste plant and flotation and fine grinding circuit remain on schedule for
CorporateTomingley Regional Exploration Update
Exploration results from the Tomingley Gold Project in New South Wales include EPD013 at El Paso returning 12 metres grading 1.50g/t Au from 297 metres, including 4 metres at 2.55g/t Au from 301 metres, and EPP051 with 3 metres at 1.49g/t Au from 130 metres. At the Plains prospect, RWRC482 returned 6 metres grading 1.31g/t Au from 312 metres. Regional aircore drilling of 85 holes identified new go
Drill resultsQuarterly Activities Report to 30 June 2024
Gold production at Tomingley Gold Operations was 17,319oz for the June quarter at site operating cash costs of A$1,565/oz and AISC of A$1,867/oz, with site operating cash flow of A$19.2m; FY24 production totalled 57,217oz at AISC of A$2,137/oz. FY2025 guidance is 70,000oz to 80,000oz at an AISC of A$2,400/oz to A$2,600/oz. Stope mining commenced at Roswell, with the paste plant and flotation/fine
CorporateTomingley FY2024 Production Update
Tomingley Gold Operations in central west New South Wales produced 17,319oz of gold in the June quarter, taking FY2024 production to 57,217oz, within updated guidance of 55,000oz to 58,000oz, with preliminary AISC expected within guidance of A$2,150/oz to $2,350/oz. FY2025 production is anticipated at 70,000oz to 80,000oz at an AISC of A$2,400/oz to $2,600/oz. Group unaudited cash, bullion and lis
CorporateTomingley Five Year Plan
A five-year plan for the Tomingley Gold Operations in central west New South Wales targets 455,000 to 505,000 ounces of gold over the next five financial years from underground and open cut mining, with AISC averaging A$1,900/oz to $2,100/oz. Relocation of the Newell Highway and expansion of the processing plant to a nominal 1.5 million tonnes per annum are planned through 2025, requiring ~$89m in
NewsTomingley Production Update
FY2024 production guidance for the Tomingley Gold Operations in central west New South Wales was cut to 55,000oz to 58,000oz Au at an AISC of A$2,150/oz to $2,350/oz, from 60,000oz to 65,000oz at an AISC of A$1,750/oz to $2,100/oz, due to a slower-than-planned Roswell ramp-up. Tomingley mined ~15,700oz and produced 9,260oz Au over April and May 2024, with June quarter production expected at ~15,00
CorporateTomingley Debt Restructured
The Macquarie Bank debt facility financing the first stage of the Tomingley Gold Operations expansion in Central New South Wales has been restructured, increasing to $60m from $50m and extending the term to June 2027 from December 2026, following an increased reserve base at Roswell. Repayments and forward sale deliveries were amended to smooth the repayment profile, with no additional ounces hedg
FinancingQuarterly Activities Report to 31 March 2024
Gold production at Tomingley Gold Operations was 10,861oz for the March quarter, below forecast due to lower recoveries from Caloma Two ore, with site operating cash costs of A$1,953/oz, AISC of A$2,454/oz and site operating cash flow of A$5.9m; sales of 10,385oz generated A$30.5m at A$2,933/oz. FY2024 guidance of 60,000-65,000oz at AISC of A$1,750-2,100/oz is unchanged, with production at the low
CorporateProduction Ore Extraction Commences at Roswell
The first production stope at the Roswell deposit, part of the Tomingley Gold Operations in Central New South Wales, is being blasted today, marking the transition from ore development to production stoping. The stope is planned for 23,000 tonnes of ore at an average grade of 5.2g/t gold and sits within the Reserve reported in the ASX announcement of 27 February 2024. The regulator has approved mi
CorporateTomingley Gold Extension Project Reserves Lift to 664,000oz
Initial underground Ore Reserves at the Roswell deposit, part of the Tomingley Gold Extension Project, increased from 119,000 ounces to 237,000 ounces following grade control drilling from underground development. Including the planned open cut, total Roswell Ore Reserves stand at 450,000 ounces, with the TGEP Mineral Resource revised to 1.17 million ounces and internal Ore Reserves of 664,000 oun
Resource updateQuarterly Activities Report to 31 December 2023
Tomingley Gold Operations produced 13,182oz in the December 2023 quarter at site operating cash costs of A$1,464/oz and AISC of A$2,200/oz, with sales of 14,507oz for A$42.4m revenue at an average A$2,926/oz; site operating cash flow was A$16.2m. FY2024 guidance is unchanged at 60,000-65,000oz at AISC of A$1,750-2,100/oz. About 17,000m of infill drilling was completed at Roswell, and the updated B
Corporate