Alkane Resources Limited (ASX:ALK)’s Nic Earner speaks with Proactive’s Elisha Newell about the Tomingley Gold Operations outstanding performance. Tomingley has exceeded FY2022 production guidance of between 55,000 to 60,000 ounces and produced 66,804 ounces of gold for the 12 months to June 30, 2022. Earner explains how the Tomingley operation has met or exceeded guidance in every year of operation and how the company continues to be in a strong financial position with A$124.3 million in cash, bullion and listed investments. The ALK managing director says approvals are now in progress to extend the life of Tomingley to 2031 at increased production rates.
Alkane Resources exceeds FY2022 production guidance