Alkane Resources Ltd (ASX:ALK) MD Nic Earner talks Proactive through the company’s March quarterly activities. At its flagship Tomingley Gold Operations the company achieved production of 16,641 ounces which met forecasts for the quarter. FY2023 production guidance for Tomingley has now been increased to 65,000 to 73,000 ounces. Also in the period, the company announced an initial inferred mineral resource for Kaiser Deposit of 270 million tonnes grading 0.54 g/t gold equivalent for 4.7 million ounces gold equivalent (480,000 tonnes of copper and 2.05 million ounces of gold).
Alkane Resources boosts production guidance for Tomingley