The expectation is that open pit and underground mining will be viable at the Rosewell and San Antonio deposits, with Alkane current awaiting approval to develop an exploration drive.
Last week Alkane reported an inferred estimate for San Antonio totalling 453,000oz, taking resources in the region past 1 million oz.
On the production front, guidance for the financial year remains unchanged at 30,000-35,000oz at all-in-sustaining costs of $1250-1400/oz.
Meanwhile, the company said it is considering to monitor timing of the demerger of its zirconia offshoot, Australian Strategic Materials, given "very turbulent market conditions".
And it expects to provide an update and budgeting for follow-up drilling at the promising Boda gold-copper discovery by the end of June.
Alkane finished the March quarter with cash, bullion and listed investments totaling $82 million.
Shares in Alkane were trading at 74.5c early this week, capitalising the company at $432 million.
