Alkane Expands FY26 Ore Reserves To 1.37 Million Ounces Of Gold

Alkane Resources Limited has expanded its consolidated Ore Reserves to 1,374,000 ounces of gold and 15,0 kilotonnes of antimony as of 30 June 2026, marking an increase from the 1,313,000 ounces of gold and 10,7 kilotonnes of antimony reported in the previous financial year.
Total Group Ore Reserves across the portfolio reached 25,488 kilotonnes grading 1.7 grams per tonne gold, compared to the 23,947 kilotonnes reported in the FY25 statement. Group Measured and Indicated Mineral Resources now stand at 578,796 kilotonnes at 0.46 grams per tonne gold and 1.01 percent copper for 8,641,000 ounces of contained gold, alongside 275,614 kilotonnes of Inferred Mineral Resources containing 3,757,000 ounces of gold.
The updated figures cover the company's operating assets, which include the Tomingley open pit and underground gold mine southwest of Dubbo in Central West New South Wales, the Costerfield underground gold and antimony operation northeast of Heathcote in Central Victoria, and the Björkdal underground gold mine northwest of Skellefteå in Sweden. Individual Mineral Resources and Ore Reserves Statements for Björkdal, Tomingley, and Costerfield were released simultaneously with the group totals.
“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.”
— Nic Earner, Managing Director & CEO
Beyond its producing mines, Alkane owns the large Boda-Kaiser copper-gold project in Central West New South Wales, which features an outlined economic development pathway in a Scoping Study. The Boda-Kaiser Mineral Resource estimates remain unchanged from the October 2025 statement, with 537,000 kilotonnes in the Measured and Indicated category grading 0.32 grams per tonne gold and 0.19 percent copper, alongside 258,000 kilotonnes of Inferred resources.
At Tomingley, grade control drilling at the San Antonio open cut pit remains incomplete due to ongoing infrastructure work. The continuation of this drilling program is pending the completion of the Newell Highway realignment.
Read the full announcement: Group Resources & Reserves Statement FY26