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ASX:ALK

Alkane Resources Limited

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Market:
ASX
Market Cap:
$482.26 m
Price
0.81 AUD
Change
-2.41%
52 weeks high
1.52
52 weeks low
0.66

In brief

Alkane Resources Limited (ASX:ALK) is poised to become Australia’s next multi-mine gold producer.

The company’s current gold production is from the Tomingley Gold Operations in central west New South Wales, where it has been operating since 2014 and is currently expediting a development pathway to extend the mine’s underground and open pit potential.

It has an enviable exploration track record and controls several highly prospective gold and copper tenements.

Snapshot

  • Alkane Resources expands Tomingley growth promise with multiple new gold intercepts
  • Alkane Resources share price gains 62% in June quarter amid increasing gold production
  • Alkane Resources talks open pit potential at its Boda prospect