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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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Thursday, February 25, 2010

Alkane Resources delivers significant gold intercepts at South Caloma

Shares in multi-commodity explorer and miner Alkane Resources (ASX: ALK) shot up 10% after the company reported on significant gold intercepts at South Caloma, located in the central west of New South Wales.

Forth-three aircore holes have been completed at the new South Caloma target, about 250 metres south of the planned Caloma open pit.

Significant gold mineralisation has been intersected and results include PE 585 4 metres grading 5.22g/t gold from 45 metres; PE 587 11 metres grading 8.36g/t gold from 57 metres; PE 593 6 metres grading 6.63g/t gold from 51 metres and PE 595 12 metres grading 3.86g/t gold from 39 metres.

During the morning trade, shares in the Perth-based company were trading 3c higher to 33c, with the results continuing to demonstrate the potential of the area to host additional mineralisation.

Alkane is undertaking a review of the feasibility study is underway with focus on improving the TGP’s economics through definition of additional open pit and underground resources.

The TGP is located in the Central West of New South Wales, about 400 kilometres northwest of Sydney. The Project is centred on three gold deposits Wyoming One, Wyoming Two and Caloma, located 14 kilometres north of the Company’s Peak Hill Gold Mine.

The initial base case development model for the project comprises three open pit mines with gold production through a conventional Gravity-CIL gold recovery circuit at a mining rate of around 1.0 million tonnes per annum and production of an average of 50,000 ounces per annum for about six years.

Over several years, including experience in developing the Peak Hill Gold Mine, Alkane has built a substantial resource base and is proceeding towards several developments.

Near Orange, the Company has a joint venture (ODEJV) with Newmont, one of the world’s largest gold miners, which resulted in the discovery in 2006 of a significant gold deposit at McPhillamys within the Moorilda Project. This discovery includes intersections of 123 metres grading 1.96g/t gold and 77 metres at 1.65g/t gold within a 600 metre by 200 metre mineralised zone.

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