Alkane Reports Growth in Mineral Resources and Ore Reserves
News related to:Alkane Resources Limited · 2 min read
PERTH, Australia, Sept. 10, 2026 /CourierPR/ -- Alkane Resources Limited, an Australian gold and antimony producer with operations in Australia and Sweden, has reported continued growth in its mineral resources and ore reserves as of June 30, 2026. This update, which includes the Björkdal, Tomingley, and Costerfield assets, reflects the success of the company’s exploration programs and reinforces the potential of its producing portfolio.
According to Nic Earner, Alkane’s Managing Director and CEO, the company is pleased to see the resources at each producing asset increasing while maintaining the ability to replace depletion. “Our exploration efforts have been successful, and we continue to grow our resources through extension and discovery,” said Earner.
The update details the group’s measured and indicated mineral resources, as well as its inferred mineral resources and ore reserves. The company has released individual statements for each asset, which comply with the JORC Code 2012 and the ASX Listing Rules. These statements provide complete details required by regulatory standards.
The information is based on the ‘Björkdal Resources and Reserves Statement FY26’, ‘Tomingley Resource and Reserve Statement FY26’, and ‘Costerfield Resources and Reserves Statement FY26’, all dated September 11, 2026. Mr. Chris Davis, a Chartered Professional (Geology) of the Australasian Institute of Mining and Metallurgy (MAusIMM CP(Geo)) and a Member of the Australian Institute of Geoscientists (MAIG), has approved these statements. Mr. Davis, who is employed by Alkane as Chief Geologist, is not considered independent of the company within the meaning of National Instrument 43-101.
Alkane operates the Tomingley open pit and underground gold mine in Central West New South Wales, the Costerfield gold and antimony underground mining operation in Central Victoria, and the Björkdal underground gold mine in Sweden. The company also owns the large Boda-Kaiser Project in Central West New South Wales, which is undergoing a scoping study to outline its economic development pathway. Ongoing exploration is expected to further enhance the company’s resources.
Alkane has prepared several technical reports that support the information contained in the press release. These reports are available on the company’s profile on SEDAR+, a platform for accessing Canadian securities information. The reports provide comprehensive information on the assumptions, qualifications, and limitations related to the mineral resource estimates and ore reserves.
Investors outside Australia should note that while the ore reserve and mineral resource estimates comply with the JORC Code 2012, they may not comply with the relevant guidelines in other countries.
This update underscores Alkane’s commitment to maintaining and growing its resource base through exploration and extension. The company remains positioned for further growth and continues to focus on enhancing its eastern Australia production region, which includes gold, copper, and antimony.