Alkane’s Nic Earner on the Australian gold bull market

Recently during PDAC 2019, Nic Earner, Managing Director of Alkane Resources Ltd. (ASX: ALK | OTCQX: ANLKY), shared an update on Alkane’s Tomingley Gold Operations with InvestorIntel’s Tracy Weslosky.

Nic said: “Australian gold right now is $1800 an ounce. With most Australian gold mines, for instance our forecast on production this year is between $1,050 and $1,150. Think about those margins. Its really purple patch for Australian gold at the moment.”

Alkane Resources Inc. is a multi-commodity company mainly focused in the Central West region of NSW, Australia. Currently Alkane has two advanced projects – the Tomingley Gold Operations and the nearby Dubbo Project. Tomingley commenced production in early 2014. Cash flow from Tomingley Gold Operations has provided the funding to maintain the project development pipeline and has assisted with the pre-construction development of the Dubbo Project.

The Dubbo Project is a large in-ground resource of zirconium, hafnium, niobium, yttrium and rare earth elements. As it is an advanced poly-metallic project outside China, it is a potential strategic and independent supply of critical minerals for a range of sustainable technologies and future industries. It has a potential mine life of 75+ years. The Dubbo Project is development ready, subject to financing, with the mineral deposit and surrounding land acquired and all major State and Federal approvals in place.

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Disclaimer: Alkane Resources Ltd. is an advertorial member of InvestorIntel Corp.




Matthew Gill on the benefits of a strong Board of Directors and commodity diversification.

Recently during PDAC 2019, Matthew Gill, Managing Director and CEO of White Rock Minerals Ltd. (ASX: WRM), shared White Rock Minerals’ competitive advantages with InvestorIntel’s Tracy Weslosky. Matthew cites his Board of Directors, commenting: “I don’t think investors give enough consideration to the quality of people that are handling their money. Two of the four of us our mining engineers. We want to do stuffs that add value. I that’s really important for an investor. I think commodity diversification is also pretty important. So that your portfolio is not only one commodity. So gold, silver, zinc. Two could be up one could be down but they balance out. The really important component that I think differentiates us is jurisdiction diversification.”

White Rock is an Australian listed minerals resources exploration and development company with activities focused in Alaska and New South Wales.

White Rock owns 100% of the globally significant Red Mountain polymetallic volcanogenic massive sulphide (VMS) project in central Alaska. This zinc-silver-lead-gold project, with a recent maiden JORC 2012 Resource of 9Mt grading 13% ZnEq, provides White Rock with a quality advanced exploration project centred on an established VMS district where there is significant potential to discover several new large zinc-silver-lead-gold-copper deposits in addition to extending the known zinc-silver-lead-gold deposits at Dry Creek and West Tundra Flats.

White Rock also owns 100% of the Mt Carrington gold-silver project in New South Wales, Australia. This project is underpinned by a JORC Resource estimate containing over 300,000 ounces of gold and 23 million ounces of silver, and with a maiden Ore Reserve released in late 2017. The resources are situated in seven surface deposits, and located on granted Mining Leases with developed infrastructure.

To access the complete interview, click here