Laneway Resources (ASX:LNY) is an Australian exploration company with assets in gold and coal. Laneway is currently mining and toll treating ore from its 100% owned near surface high grade Agate Creek Gold Project in Queensland.
Agate Creek is a low strip ratio open cut mining operation utilising a third party CIL processing plant which is delivering cash flow at minimal capital cost. It has also resulted in only 10 weeks from ML grant to first gold production.
Agate Creek has an existing JORC Global Resource of 380,000oz of contained gold.
In New Zealand the Company owns 100% of the Epithermal Gold Project. This project encompasses a large highly prospective land holding adjacent to Oceana Gold’s Martha Mine (Waihi) and New Talisman Gold's Karangahake Project. Laneway is seeking expressions of interest in this project from potential farm in partners.