Australian junior explorer Adavale Resources has entered into an agreement with Alkane Resources to acquire a strategic package of exploration tenure adjacent to and complementary with its Parkes gold-copper project in New South Wales. The acquisition expands Adavale’s contiguous Parkes tenement holding from 380 square kilometres to 440 km², consolidating approximately 56 km of strike along the gold-rich Parkes Thrust…
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Production blasts off at Tomingley extension
Alkane Resources announced the firing of the first stope blast at the Roswell deposit at its Tomingley gold operations in central New South Wales – marking the transition from ore development to production. The first stope is planned for 23,000 tonnes of ore at an average grade of 5.2 g/t gold. Roswell is a higher-grade orebody developed by Alkane to…
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