ALKEF - Alkane Resources meets production targets again in ninth year of Tomingley Operations

(NewsDirect)

Alkane Resources Ltd (ASX:ALK) managing director Nic Earner tellsProactive that the company’s Tomingley Gold Operations generatedmore than 70,000 ounces of gold over FY23, meeting the upper end ofguidance calculations. The production metrics mean the NSW mine hasmet or exceeded guidance in every year of operations, while all-insustaining costs are expected to clock in between A$1,550 and A$1,750an ounce for the 12-month period. Earner says FY23 was a busy year forTomingley, characterised by government approval for a projectextension and underground development.

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