Alkane Resources grows FY26 resource base as producing mines replace depletion

Mining Gold & Silver Written by: Ephrem Joseph 21:46 Thu 10 Sep 2026 --> Proactive has a commercial relationship with Alkane Resources Ltd. This article was produced independently under Proactive's Editorial Standards Policy . Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Ephrem Joseph Ephrem began his journalistic journey at Proactive in June 2021. With a strong academic background in Information Technology, his expertise particularly lies in the field of Cyber Security, Management Information Systems and Computer Forensics. Before joining Proactive, Ephrem worked as a researcher and lecturer at a number of leading universities, including the University of Portsmouth's Institute of Criminal Justice Studies, the University of Winchester’s Institute of Policing, and Jain... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Alkane Resources Ltd ( ASX:ALK OTC:ALKEF ) View Price & Profile Alkane Resources grows FY26 resource base as producing mines replace depletion Last updated: 21:46 10 Sep 2026 EDT, First published: 19:46 10 Sep 2026 EDT Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) has reported continued resource growth across its three producing mines, with Björkdal, Tomingley and Costerfield all replacing depletion during the 2026 financial year through exploration and resource extensions. The company’s updated group inventory as of June 30, 2026, comprises 8.64 million ounces of gold in measured and indicated resources, alongside 1.01 million tonnes of contained copper and 42,000 tonnes of antimony. Inferred resources add a further 3.76 million ounces of gold, 450,000 tonnes of copper and 12,900 tonnes of antimony. Group ore reserves stand at 25.49 million tonnes grading 1.7 g/t gold for 1.374 million ounces, together with 15,000 tonnes of contained antimony. Producing assets grow resources Björkdal in Sweden hosts measured and indicated resources of 22.47 million tonnes at 2.07 g/t gold for 1.50 million ounces, while Tomingley in New South Wales contains 17.30 million tonnes at 2.1 g/t for 1.18 million ounces. At Costerfield in Victoria, measured and indicated resources total 1.99 million tonnes at 6.0 g/t gold and 2.1% antimony, containing 387,000 ounces of gold and 42,000 tonnes of antimony. Alkane managing director and CEO Nic Earner said: “We are pleased to report continued growth in resources at each producing asset, with all assets replacing depletion through continued exploration and extension of mineral resources.” “This growth reflects the success of our exploration programs and reinforces the value and potential we see in Alkane’s producing portfolio.” Boda-Kaiser anchors development inventory The company’s Boda-Kaiser copper-gold project in central-west New South Wales remains the largest component of Alkane’s broader resource base, with measured and indicated resources containing 5.57 million ounces of gold and 1.01 million tonnes of copper. The Boda-Kaiser estimate was not re-estimated for FY26 and remains based on the resource outlined in Alkane’s October 2025 update. About Alkane Resources Alkane is an Australian-based gold and antimony producer operating the Tomingley gold mine in New South Wales, Costerfield gold-antimony mine in Victoria and Björkdal gold mine in Sweden. Alongside its producing portfolio, Alkane owns the Boda-Kaiser gold-copper porphyry project and continues exploration across the surrounding Northern Molong Porphyry Project in New South Wales. Continue reading