| Risk and valuation analysis of the Tomingley Project |
| Status Risk : Feasibility |
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| Title(s) of the Tomingley Project |
 | Alkane Resources Ltd.
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Alkane Resources Ltd 100% (subject to separate royalty agreements with Compass Resources NL, Golden Cross Operations Pty Ltd and Climax Mining Ltd) |
 | Compass Resources Inc. |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the Tomingley Project |
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The Tomingley Gold Project (TGP) extends over 60 kilometres from near Parkes in the south, to north of Tomingley in the Central West of New South Wales.
The Wyoming Prospect, within the TGP, is situated about 14 kilometres north of the Company’s Peak Hill Gold Mine and immediately north of the historic 70,000 ounce gold producing Myalls United Mine (McPhails).
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| History of the Tomingley Project |
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Exploration during the year was focussed on the recent
discovery at Caloma, which is centred about 500 metres east of the defined resources at the Wyoming One and Wyoming Three deposits.
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| Geology of the Tomingley Project |
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covers a narrow sequence of Ordovician volcanic rocks. Gold mineralisation at Wyoming has a close spatial relationship to a feldspar porphyry which intrudes into andesitic volcaniclastic rocks near their western contact with a more pelitic sequence. Mineralisation is associated with extensive alteration and quartz veining of the porphyry and volcanic rocks.
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