Alkane Resources grows FY26 useful resource base as producing mines change depletion
Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) has reported continued useful resource progress throughout its three producing mines, with Björkdal, Tomingley and Costerfield all changing depletion through the 2026 monetary yr via exploration and useful resource extensions.
The firm’s up to date group stock as of June 30, 2026, includes 8.64 million ounces of gold in measured and indicated sources, alongside 1.01 million tonnes of contained copper and 42,000 tonnes of antimony. Inferred sources add an extra 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, along with 15,000 tonnes of contained antimony.
Producing property develop sources
Björkdal in Sweden hosts measured and indicated sources of twenty-two.47 million tonnes at 2.07 g/t gold for 1.50 million ounces, whereas Tomingley in New South Wales accommodates 17.30 million tonnes at 2.1 g/t for 1.18 million ounces.
At Costerfield in Victoria, measured and indicated sources complete 1.99 million tonnes at 6.0 g/t gold and a couple of.1% antimony, containing 387,000 ounces of gold and 42,000 tonnes of antimony.
Alkane managing director and CEO Nic Earner mentioned: “We are happy to report continued progress in sources at every producing asset, with all property changing depletion via continued exploration and extension of mineral sources.”
“This progress displays the success of our exploration applications and reinforces the worth and potential we see in Alkane’s producing portfolio.”
Boda-Kaiser anchors improvement stock
The firm’s Boda-Kaiser copper-gold venture in central-west New South Wales stays the most important element of Alkane’s broader useful resource base, with measured and indicated sources 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 stays based mostly on the useful resource outlined in Alkane’s October 2025 replace.
About Alkane Resources
Alkane is an Australian-based gold and antimony producer working 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 venture and continues exploration throughout the encircling Northern Molong Porphyry Project in New South Wales.
