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Additional information
Additional Information
Market: ASX
Sector: General Mining
Epic: ALK
News: Latest news
Web Site: Alkane Resources Limited
Other Articles: 05-07-201017-06-201029-04-2010 
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Thursday July 29, 09:30Specialist Energy Group Lays Out a Compelling Blueprint for Growth

After a difficult start to life as a stock market listed company, the company now stands at the threshold of a much brighter future. Legacy issues have been dealt with and the turnaround programme initiated by CEO Ewan Lloyd-Baker is gaining traction.

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Wednesday July 28, 11:30Silver Lake Resources boosts high grade gold resource by 70% to 2.5m ounces

Silver Lake Resources has added over 1 million ounces of gold to its resource inventory during the year after mining 66,700 ounces and expects further encouraging results at its  Mount Monger and Murchison projects.

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Thursday July 15, 02:10Henan Yuguang Lead & Gold investment in Kimberley Metals receives all clear from FIRB

Kimberley Metals (ASX: KBL) has reported that on 12 July the Australian Government Foreign Investment Review Board (FIRB) had no objections to Henan Yuguang Lead & Gold Co. Ltd's [...]

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Alkane Resources Limited

Alkane Resources Limited

Alkane is multi commodity mining and exploration company focused on the Central West of New South Wales, Australia.  The Company has built a gold resource inventory of over 1 million ounces and plans recommence operations in 2010 through a new development at Tomingley.  Alkane, in partnership with Newmont, has also made another significant gold discovery at McPhillamys near Orange.

The company has an advanced feasibility study in progress for the development of the Dubbo Zirconia Project which is based upon a very large in-ground resource of the metals zirconium, hafnium, niobium, tantalum, yttrium and rare earth elements.

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Friday, January 22, 2010

Alkane Resources rings in solid progress on its major projects

Alkane Resources (ASX: ALK) has today outlined progress on its three major projects which are expected to be developed into mines over the next couple of years.

They are all in the central west of NSW and comprise two gold projects and a zirconia/rare earths project.

The company's share price recovered strongly in 2009, touching $0.475.  Current price is $0.37.
 
The Dubbo Zirconia Project (DZP) is the world's largest in ground resource of zirconium and some rare earth elements. At the base case throughput of 200,000 tonnes per annum of zirconia, production would represent 7 per cent of world demand and have a mine life of over 200 years.

The Demonstration Pilot Plant (DPP) has been operating since 2008 and has proven the flow sheet for the DZP.

The first light rare earth and yttrium-heavy rare earth products were produced from the DPP during the Quarter. Data from the DPP and Letters of Intent from future customers will be incorporated in the current Definitive Feasibility Study. A development decision is anticipated late 2010, with production possible early 2012
 
Alkane's Tomingley gold project is on track to be a 50,000 ounce a year gold mine, with a feasibility to be completed this year.

The timetable of the Tomingley Gold Project Definitive Feasibility Study has been extended to maximise the project’s
economics and extend its mine life.  An important factor in extending mine life is inclusion of future underground mining in the development plan. Inclusion of a larger ore body would have the advantage of achieving robust returns at current A$ spot gold prices.
 
At Moorilda, the McPhillamy's gold project, which contains what has been described as a "significant" gold deposit, is now 51 per cent owned by Newmont and drilling continues to support its potential.

Regional exploration activities, including aircore drilling, have extended the combined strike length of mineralised
McPhillamys equivalent stratigraphy to over 6 kilometres.

 

 

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