Alkane Resources sets the wheels in motion at Tomingley Gold Extension Project | News Direct

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

Alkane Resources Limited
News release by Alkane Resources Limited

facebook icon linkedin icon twitter icon pinterest icon email icon Melbourne, Victoria | February 23, 2023 05:00 PM Eastern Standard Time

Alkane Resources Ltd (ASX:ALK) managing director Nic Earner brings Proactive up to speed on a key greenlight for the Tomingley Gold Extension Project. The government’s tick of approval paves the way for the company’s environmental protection licence and mining lease applications, which Earner expects to come to hand mid-this year. Alkane has also struck up a $50 million debt facility with Macquarie and cemented hedging agreements, locking in pricing over 100,000 gold ounces until 2026.

 

 

Contact Details

 

Proactive Investors

 

Jonathan Jackson

 

+61 413 713 744

 

jonathan@proactiveinvestors.com

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ProactiveInvestorsAlkaneResourcesASXTomingleyGold