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Alkane Resources Ltd.

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Summary

Project:

Tomingley

Deposit:Roswell, San Antonio
Location:Australia
Commodities:Gold
Date:7/16/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:16-7-2020: Alkane Resources Ltd. announces an Exploration/Drilling Update report for its Roswell, San Antonio deposit at the Tomingley project. Drilling results incl. 102m @ 4.07g/t Au from 283m. The Tomingley Gold Project (TGP) covers an area of approxim
Resources:(not mentioned in this report)
CP/QP:[Overall Report] David Meates (Internal)
ABSTRACT:The Tomingley Gold Project (TGP) covers an area of approximately 440km2 stretching 60km north‐south along the Newell Highway from Tomingley in the north, through Peak Hill and almost to Parkes in the south. The TGP contains Alkane’s currently operating Tomingley Gold Operations (TGO), an open pit mine and underground operation with a 1Mtpa processing facility. Over the last two years Alkane has conducted an extensive regional exploration program which led to the definition Resources at the Roswell and San Antonio prospects. Alkane has continued consultation with its key stakeholders, including landholders and regulators. The Company has approval to develop an exploration drive from the Wyoming One deposit to Roswell, and is currently preparing preliminary plans for both open‐cut and underground mines beneath Roswell and San Antonio that will enable an economic assessment and subsequently seek approval for mining development both underground and open cut

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