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Performance & Prospects

Hanking Australia – an experienced mine development and operation team.Our strategy is to create value for shareholders.

  • 16

    year
    Over the past 10 years, established and build an experienced mine development and operation team in Australia.
  • 13.5

    Moz/year

    In 2013, acquired the Southern Cross Operation with total consideration of AUD19.7millions, commenced gold production in 2015. 

    Through the exploration and mine development, in 2017, reached the production rate 135koz per annum.


  • 3.3

    million Australian dollars
    In 2017, Southern Cross Operation was sold successfully at a sales price based on the enterprise value of AUD330 million.
  • 5.54

    Moz

    Mt Bundy gold project has gold resources of approximately 3.47 Moz.

    Cygnet gold project has gold resources of approximately 2.07 Moz.

  • 1500

    square kilometer

    The Company currently hold across 1500km2 tenement package, significant exploration upside as demonstrated in the current exploration program. 

Resource Layout



- Gold resource of approximately 3.47Moz, gold reserves of 1.89Moz

- Environment approval received for the Mt Bundy gold project
- Mining management plan approval and grant of deemed mining licence for Mt Bundy gold project
- The orebody mining rights are valid for 25 years

- Significant exploration upside across 1,500km2 tenement package




- 2023: Acquired majority interest in the Cygnet Gold Project in Western Australia
- 2024: Increased shareholding to 93.37%
- 2025: Acquired an aggregate of 6.63% minority interest in Cygnet Gold Pty Ltd, thereby holding 100% equity interest in the company
- Gold resource of approximately 2.07Moz, gold reserves of 0.73Moz