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home / news releases / ALKEF - Alkane Resources sets the wheels in motion at Tomingley Gold Extension Project

ALKEF - Alkane Resources sets the wheels in motion at Tomingley Gold Extension Project

Alkane Resources Ltd

(NewsDirect)

Alkane Resources Ltd(ASX:ALK) managing director Nic Earner brings Proactive up to speed ona key greenlight for the Tomingley Gold Extension Project. Thegovernment’s tick of approval paves the way for the company’senvironmental protection licence and mining lease applications, whichEarner expects to come to hand mid-this year. Alkane has also struckup a $50 million debt facility with Macquarie and cemented hedgingagreements, locking in pricing over 100,000 gold ounces until2026.

ContactDetails

Proactive Investors

JonathanJackson

+61 413 713 744

jonathan@proactiveinvestors.com

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Stock Information
Company Name: Alkane Resources Ltd
Stock Symbol: ALKEF
Market: OTC
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