Hanking Gold Kicks Off Road and 258-Man Mine Camp Construction at Mt Bundy Project

Bulletin Express05-20

Hanking Gold International Limited (“Hanking Gold”) has commenced construction of the access road, a 258-man mine camp and related infrastructure at its Mt Bundy Gold Project in Australia’s Northern Territory after securing the requisite mining management plan approval and a deemed mining licence.

Located about 100 km south-east of Darwin, Mt Bundy currently hosts 3.47 million ounces of gold resources and 1.88 million ounces of gold reserves under the JORC (2012) Code, all within existing mining leases.

According to the updated definitive feasibility study, the operation is projected to average 150 thousand ounces of gold annually during the first 10 years of an initial 17-year mine life. First gold production is targeted for the first quarter of 2028, positioning Mt Bundy as the anticipated second-largest gold mine in the Northern Territory.

More than 400 jobs are expected to be created during the construction phase, delivering economic benefits to local contractors, suppliers and service providers through taxes, rates, rents and royalties.

Management highlighted that gold reserves at Mt Bundy have increased more than ten-fold since the initial investment in 2014 and the move to full ownership in 2018. The board views the commencement of on-site construction as a key milestone in advancing Hanking Gold toward mid-tier producer status and transforming Mt Bundy into a long-life, highly profitable operation.

Shareholders and potential investors are advised to exercise caution when dealing in Hanking Gold’s shares.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1148097607?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-20 17:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1148097607","market":"us","top_or_hot":-1,"title":"Hanking Gold Kicks Off Road and 258-Man Mine Camp Construction at Mt Bundy Project","media":"Bulletin Express","content":"<p>Hanking Gold International Limited (“Hanking Gold”) has commenced construction of the access road, a 258-man mine camp and related infrastructure at its Mt Bundy Gold Project in Australia’s Northern Territory after securing the requisite mining management plan approval and a deemed mining licence.</p>\n<p>Located about 100 km south-east of Darwin, Mt Bundy currently hosts 3.47 million ounces of gold resources and 1.88 million ounces of gold reserves under the JORC (2012) Code, all within existing mining leases.</p>\n<p>According to the updated definitive feasibility study, the operation is projected to average 150 thousand ounces of gold annually during the first 10 years of an initial 17-year mine life. First gold production is targeted for the first quarter of 2028, positioning Mt Bundy as the anticipated second-largest gold mine in the Northern Territory.</p>\n<p>More than 400 jobs are expected to be created during the construction phase, delivering economic benefits to local contractors, suppliers and service providers through taxes, rates, rents and royalties.</p>\n<p>Management highlighted that gold reserves at Mt Bundy have increased more than ten-fold since the initial investment in 2014 and the move to full ownership in 2018. The board views the commencement of on-site construction as a key milestone in advancing Hanking Gold toward mid-tier producer status and transforming Mt Bundy into a long-life, highly profitable operation.</p>\n<p>Shareholders and potential investors are advised to exercise caution when dealing in Hanking Gold’s shares.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hanking Gold Kicks Off Road and 258-Man Mine Camp Construction at Mt Bundy Project</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHanking Gold Kicks Off Road and 258-Man Mine Camp Construction at Mt Bundy Project\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-05-20 17:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hanking Gold International Limited (“Hanking Gold”) has commenced construction of the access road, a 258-man mine camp and related infrastructure at its Mt Bundy Gold Project in Australia’s Northern Territory after securing the requisite mining management plan approval and a deemed mining licence.</p>\n<p>Located about 100 km south-east of Darwin, Mt Bundy currently hosts 3.47 million ounces of gold resources and 1.88 million ounces of gold reserves under the JORC (2012) Code, all within existing mining leases.</p>\n<p>According to the updated definitive feasibility study, the operation is projected to average 150 thousand ounces of gold annually during the first 10 years of an initial 17-year mine life. First gold production is targeted for the first quarter of 2028, positioning Mt Bundy as the anticipated second-largest gold mine in the Northern Territory.</p>\n<p>More than 400 jobs are expected to be created during the construction phase, delivering economic benefits to local contractors, suppliers and service providers through taxes, rates, rents and royalties.</p>\n<p>Management highlighted that gold reserves at Mt Bundy have increased more than ten-fold since the initial investment in 2014 and the move to full ownership in 2018. The board views the commencement of on-site construction as a key milestone in advancing Hanking Gold toward mid-tier producer status and transforming Mt Bundy into a long-life, highly profitable operation.</p>\n<p>Shareholders and potential investors are advised to exercise caution when dealing in Hanking Gold’s shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03788","symbol_name":"罕王黄金","start_time":0,"source_url":"","article_id":"1148097607","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1148097607","pubTimestamp":1779270201,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Hanking Gold International Limited (“Hanking Gold”) has commenced construction of the access road, a 258-man mine camp and related infrastructure at its Mt Bundy Gold Project in Australia’s Northern...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03788":"罕王黄金"},"translate_title":"罕王黄金在Mt Bundy项目启动道路和258人矿营建设","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03788":1},"content_text":"Hanking Gold International Limited (“Hanking Gold”) has commenced construction of the access road, a 258-man mine camp and related infrastructure at its Mt Bundy Gold Project in Australia’s Northern Territory after securing the requisite mining management plan approval and a deemed mining licence.\nLocated about 100 km south-east of Darwin, Mt Bundy currently hosts 3.47 million ounces of gold resources and 1.88 million ounces of gold reserves under the JORC (2012) Code, all within existing mining leases.\nAccording to the updated definitive feasibility study, the operation is projected to average 150 thousand ounces of gold annually during the first 10 years of an initial 17-year mine life. First gold production is targeted for the first quarter of 2028, positioning Mt Bundy as the anticipated second-largest gold mine in the Northern Territory.\nMore than 400 jobs are expected to be created during the construction phase, delivering economic benefits to local contractors, suppliers and service providers through taxes, rates, rents and royalties.\nManagement highlighted that gold reserves at Mt Bundy have increased more than ten-fold since the initial investment in 2014 and the move to full ownership in 2018. The board views the commencement of on-site construction as a key milestone in advancing Hanking Gold toward mid-tier producer status and transforming Mt Bundy into a long-life, highly profitable operation.\nShareholders and potential investors are advised to exercise caution when dealing in Hanking Gold’s shares.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1148097607","isCrawlerRequest":true}