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Company News
Laneway Resources to restart operations at Sherwood high-grade gold deposit
Mining and exploration company Laneway Resources (ASX: LNY) has confirmed progress is being made towards recommencing operations at the high-grade Sherwood deposit within its wholly-owned Agate Creek gold project in north Queensland. The company is targeting a mining restart in August with ore transport and processing expected shortly after, pursuant to a toll treatment agreement […]
New high-grade assays indicate potential for Laneway Resources to extend Agate Creek gold operation
Brisbane-based miner Laneway Resources (ASX: LNY) has reported high-grade results from a 42-hole drilling program at its Agate Creek gold project in northern Queensland. The 2244 metre program targeted additional high-grade material at the Sherwood prospect near the existing open cut pit, and included first pass drilling at the Sherwood West and other regional targets. […]
Laneway Resources unveils high-grade gold intercepts at Agate Creek
The development potential at Laneway Resources’ (ASX: LNY) Agate Creek gold project in north Queensland has been given a boost after the company released a string of high-grade intercepts from a recent round of drilling. The RC drilling program was undertaken at the projects Sherwood deposit, which is earmarked for initial production. Numerous and consistent […]
New high-grade assays at Agate Creek gold project change mining plan for Laneway Resources
Mining and exploration company Laneway Resources (ASX: LNY) has announced “outstanding” high-grade gold assays exceeding 100 grams per tonne from extension drilling at the Sherwood deposit within its wholly-owned Agate Creek project in north Queensland. The recently-completed 34-hole reverse circulation program was conducted around the current open pit operation to further define mineralised zones and […]
Laneway Resources celebrates Agate Creek milestone with first gold pour
Laneway Resources (ASX: LNY) has marked a major milestone at its Agate Creek gold project in north Queensland, achieving the first gold pour from mining of the asset’s high-grade Sherwood deposit. The gold pour took place yesterday and comprised three doré bars weighing approximately 22 kilograms of gold and silver bullion collectively. The bullion was […]
Laneway Resources to commence gold mining this week at Agate Creek
Gold mining at the Agate Creek project in north Queensland is due to start this week, according to the latest update from 100% owner and operator Laneway Resources (ASX: LNY). The Australian gold and coal explorer last week announced that the first ore blast and mining activities were expected to commence sometime this week, in […]
Laneway Resources on verge of gold mining at Agate Creek
Laneway Resources (ASX: LNY) is on the verge of commencing gold production at its wholly-owned Agate Creek project in Queensland’s north following the grant of a mining lease. The lease, which will allow the company to mine the project’s Sherwood and Sherwood West near-surface high-grade gold prospects along with prospective extensions to the known mineralisation […]