Project: Tomingley Gold Operations
Location: Tomingley, NSW
Years of operation: 2014 - present
The gold operations at Tomingley are based on a 579,000 ounce gold resource approximately 50 kilometres south-west of Dubbo in Central West NSW. Operated by Tomingley Gold Operations Pty Ltd (TGO), a wholly owned subsidiary of Alkane, Tomingley gold mine was commissioned in January 2014 and officially opened in March of that same year. The design capacity of 1Mtpa was reached in late May 2014.
The operations are based on four gold deposits – Wyoming One, Wyoming Three, Caloma and Caloma Two. Open cut mining activity has been underway since commissioning, with the Wyoming Three pit completed in late 2015 and the Caloma Two pit commencing in late 2016. Underground mining development is expected to commence in 2017.
The mine produces 50,000 to 70,000 ounces of gold poured per year, the proceeds of which provide a revenue stream for Alkane to fund corporate and exploration expenditures.
Why is this project important?
The Tomingley gold project is important in providing a revenue stream for Alkane funding corporate and exploration expenditures.
While current activities are focused on the three deposits, additional exploration opportunities still exist within the TGP, with resource potential at Caloma Two, Wyoming Two and McLeans. Deeper underground potential also exists below the historic Myalls United site.
For the latest project updates read the latest Tomingley Gold Operations community newsletter.