Alkane Resources announced strong FY24 gold production results from its Tomingley gold operations in central west New South Wales.

The mine produced 57,217 ounces of gold for the year, surpassing its guidance range of 55,000 to 58,000 ounces.

Preliminary all-in sustaining costs are expected to fall within $2,150 to $2,350 per ounce.

Alkane's five-year plan projects FY25 production at Tomingley to range between 70,000 and 80,000 ounces with anticipated all-in sustaining costs of $2,400 to $2,600 per ounce.