Alkane Resources is looking to expand key infrastructure at its Tomingley gold operation in central-west New South Wales.
The gold major plans to increase Tomingley’s production to above 100,000 ounces of gold per year while also expanding the site’s plant to a nominal 1.5 million tonnes per annum.
“The underground at Roswell has begun production, and we expect to produce over 70,000 ounces of gold next year,” Alkane managing director Nic Earner said.
“The paste plant and the flotation/regrind circuit are under construction with commissioning expected later this year.”
Alkane blasted the first production stope at its Roswell deposit, marking the next milestone in extending Tomingley back in April.
“The firing of the first production stope at Roswell is a major milestone for Tomingley that we have been working towards since drilling our first exploration hole there in 2018,” Earner said at the time. “Not only does Roswell have higher-grade stopes but it is open at depth and along strike.
“We continue to conduct both grade control and extension drilling from underground. We’re continuing with extensive development to enable production to ramp up.”
Tomingley’s five-year plan also involves the relocation of the Newell Highway, a project expected to cost Alkane $89 million in capital expenditure. A final investment decision is expected to be made in early 2025.
“The deposits across Tomingley are open at depth and along strike and our known resources extend beyond this immediate five-year plan,” Earner said. “We’re looking forward to delivering on this plan.”
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