Tomingley gold project, Australia
Name of the Project
Tomingley gold project.
Location
Central-west New South Wales, Australia.
Project Owner/s
Alkane Resources.
Project Description
Alkane has approved the development of the underground mining operations at Tomingley.
The project has total resources of 1.24-million tonnes grading 2.7 g/t gold for a resultant contained 108 000 oz of gold.
The project aims to produce 93 000 oz of gold over a 40-month period.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
Not stated.
Latest Developments
The project has met its production guidance for 2020, with Alkane Resources reporting that the project has produced 33 507 oz of gold during the full year ended June, in line with the target of between 30 000 oz and 35 000 oz.
An updated mine plan will soon be released, with great potential being shown very close to the mine through the exploration at Roswell and San Antonio.
Key Contracts and Suppliers
None stated.
Contact Details for Project Information
Alkane Resources, tel +61 8 9227 5677 or email mail@alkane.co.au.
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