Alkane going underground at Tomingley

ALKANE Resources has given the go-ahead for an underground development at Tomingley in New South Wales, with the formal plan being to spend A$25 million building a mine that’ll produce 93,000 ounces of gold over a 40 month period at cash costs of A$110-1200/oz.

Alkane going underground at Tomingley Alkane going underground at Tomingley Alkane going underground at Tomingley Alkane going underground at Tomingley Alkane going underground at Tomingley

Informally the hope will be production goes well beyond those numbers, with the company saying "one of the first priorities underground is to establish a drill position to target further extensions

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