Alkane Resources Limited reported consolidated earnings and production results for the six months ended December 31, 2015. Revenue was AUD 55,421,000 against AUD 56,949,000 last year. Profit before income tax was AUD 8,909,000 against AUD 3,742,000 last year. Profit attributable to owners was AUD 6,337,000 or 1.51 cents per diluted share against AUD 3,337,000 or 0.8 cents per basic and diluted share last year. Net cash inflow from operating activities was AUD 19,065,000 against AUD 21,908,000 last year. Exploration and evaluation expenditure was AUD 4,067,000 against AUD 8,252,000 last year. Purchase of property, plant and equipment was AUD 15,007,000 against AUD 8,958,000 last year.

For the six months, gold production was 35,136 ounces against 41,537 ounces last year.

Estimated production guidance for the year ending June 30, 2016 is 60,000 ounces - 70,000 ounces.