Group Resources & Reserves Statement FY26

Original announcement by globenewswire on

Company
Alkane Resources Limited
Ticker
ALK
Exchange
Unavailable
Region
Australia
Primary commodity
Gold
Secondary commodities
Copper, Antimony
Document categories
Resource update
Extracted
2026-09-12 00:44:11 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Alkane Resources Limited has released its FY26 Group Resources and Reserves Statement, showing resource growth across its Björkdal, Tomingley, and Costerfield assets. The update includes updated Mineral Resource and Ore Reserve estimates for its portfolio in Australia and Sweden as of 30 June 2026.

Reasoning: The company reports continued growth in resources across its producing assets, successfully offsetting depletion through exploration.

Positive factors

  • Resource growth at all producing assets
  • Successful exploration and extension
  • Replacement of depletion through exploration

Facts used in scoring: 14

Classification and evidence

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Mr Chris Davis, a Competent Person, has approved the statements.

Evidence · text

“Those documents have been approved by Mr Chris Davis.”

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: The report states compliance with the JORC Code 2012.

Evidence · text

“comply with the JORC Code 2012”

Extracted facts

Stored fact records: 14. Some facts used in scoring do not have a stored record.

Resource Estimates (14)

indicatedBjörkdal · goldTonnes: 22474000Grade: 2.07Grade Unit: g/tView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Region
sweden
Reported Region
Sweden
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Davis
Resource group id
resource:3ceb126c3869a55ff1bf

Resource Data

Category
indicated
Tonnes
22474000
Grade
2.07
Grade Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-11T00:00:00.000Z

Reasoning: Solid indicated gold resource at Björkdal.

Evidence · table

“2.07”

Context: 22,474

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedTomingley · goldTonnes: 17302000Grade: 2.1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia
Reported Region
Australia
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Davis
Resource group id
resource:d186c95f23f45e53d63f

Resource Data

Category
indicated
Tonnes
17302000
Grade
2.1
Grade Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-11T00:00:00.000Z

Reasoning: Solid indicated gold resource at Tomingley.

Evidence · table

“2.1”

Context: 17,302

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedCosterfield · goldTonnes: 1993000Grade: 6Grade Unit: g/tView all details
Link to this fact

Identity

Project
Costerfield
Commodity
gold
Region
australia
Reported Region
Australia
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Davis
Resource group id
resource:74f40734c51867223cce

Resource Data

Category
indicated
Tonnes
1993000
Grade
6
Grade Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-11T00:00:00.000Z

Reasoning: High grade indicated gold resource at Costerfield.

Positive factors

  • High grade intercept

Evidence · table

“6.0”

Context: 1,993

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedBoda Kaiser · goldTonnes: 537000000Grade: 0.32Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Boda Kaiser
Commodity
gold
Region
australia
Reported Region
Australia
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Davis
Resource group id
resource:9e20282c6e60956b81b4

Resource Data

Category
indicated
Tonnes
537000000
Grade
0.32
Grade Unit
g/t

Prior Estimate

Resource Date
2025-10-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-10-15T00:00:00.000Z

Dates

Event date
2026-09-11T00:00:00.000Z

Reasoning: Large scale resource but grade is low and data is from 2025.

Negative factors

  • Stale data

Evidence · table

“0.32”

Context: 537,000

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedBoda Kaiser · copperTonnes: 537000000Grade: 0.19Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Boda Kaiser
Commodity
copper
Region
australia
Reported Region
Australia
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Davis
Resource group id
resource:9e20282c6e60956b81b4

Resource Data

Category
indicated
Tonnes
537000000
Grade
0.19
Grade Unit
%

Prior Estimate

Resource Date
2025-10-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-10-15T00:00:00.000Z

Dates

Event date
2026-09-11T00:00:00.000Z

Reasoning: Copper component of Boda Kaiser resource.

Negative factors

  • Stale data

Evidence · table

“0.19”

Context: 537,000

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredBjörkdal · goldTonnes: 12096000Grade: 1.57Grade Unit: g/tView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Region
sweden
Reported Region
Sweden
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Davis
Resource group id
resource:aba0530edac92a37b973

Resource Data

Category
inferred
Tonnes
12096000
Grade
1.57
Grade Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-11T00:00:00.000Z

Reasoning: Inferred gold resource at Björkdal.

Evidence · table

“1.57”

Context: 12,096

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredTomingley · goldTonnes: 4549000Grade: 2.1Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia
Reported Region
Australia
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Davis
Resource group id
resource:dca70b1b0810efb8bc6e

Resource Data

Category
inferred
Tonnes
4549000
Grade
2.1
Grade Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-11T00:00:00.000Z

Reasoning: Inferred gold resource at Tomingley.

Evidence · table

“2.1”

Context: 4,549

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredCosterfield · goldTonnes: 969000Grade: 3.6Grade Unit: g/tView all details
Link to this fact

Identity

Project
Costerfield
Commodity
gold
Region
australia
Reported Region
Australia
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Davis
Resource group id
resource:c6b383cf2f8995bd22cd

Resource Data

Category
inferred
Tonnes
969000
Grade
3.6
Grade Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-11T00:00:00.000Z

Reasoning: Inferred gold resource at Costerfield.

Evidence · table

“3.6”

Context: 969

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredBoda Kaiser · goldTonnes: 258000000Grade: 0.33Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Boda Kaiser
Commodity
gold
Region
australia
Reported Region
Australia
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Davis
Resource group id
resource:e2d5d70957607f1369fd

Resource Data

Category
inferred
Tonnes
258000000
Grade
0.33
Grade Unit
g/t

Prior Estimate

Resource Date
2025-10-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-10-15T00:00:00.000Z

Dates

Event date
2026-09-11T00:00:00.000Z

Reasoning: Inferred gold resource at Boda Kaiser from 2025.

Negative factors

  • Stale data

Evidence · table

“0.33”

Context: 258,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredBoda Kaiser · copperTonnes: 258000000Grade: 0.18Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Boda Kaiser
Commodity
copper
Region
australia
Reported Region
Australia
Ticker
ALK

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Davis
Resource group id
resource:e2d5d70957607f1369fd

Resource Data

Category
inferred
Tonnes
258000000
Grade
0.18
Grade Unit
%

Prior Estimate

Resource Date
2025-10-15

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2025-10-15T00:00:00.000Z

Dates

Event date
2026-09-11T00:00:00.000Z

Reasoning: Copper component of Boda Kaiser inferred resource.

Negative factors

  • Stale data

Evidence · table

“0.18”

Context: 258,000

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 11Björkdal · goldTonnes: 13121000Grade: 1.33Grade Unit: g/tView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Region
sweden
Reported Region
Sweden
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Davis
Resource group id
resource:923e499e8b16ff9d89d4

Resource Data

Tonnes
13121000
Grade
1.33
Grade Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-11T00:00:00.000Z

Reasoning: Ore reserve at Björkdal.

Evidence · table

“1.33”

Context: 13,121

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 12Tomingley · goldTonnes: 11407000Grade: 1.7Grade Unit: g/tView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Region
australia
Reported Region
Australia
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Davis
Resource group id
resource:9c7908e33807fe5d036d

Resource Data

Tonnes
11407000
Grade
1.7
Grade Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-11T00:00:00.000Z

Reasoning: Ore reserve at Tomingley.

Evidence · table

“1.7”

Context: 11,407

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 13Costerfield · goldTonnes: 960000Grade: 5.5Grade Unit: g/tView all details
Link to this fact

Identity

Project
Costerfield
Commodity
gold
Region
australia
Reported Region
Australia
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Davis
Resource group id
resource:eebdf8f4b4201300119a

Resource Data

Tonnes
960000
Grade
5.5
Grade Unit
g/t

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-11T00:00:00.000Z

Reasoning: High grade ore reserve at Costerfield.

Positive factors

  • High grade reserve

Evidence · table

“5.5”

Context: 960

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 14Costerfield · antimonyTonnes: 960000Grade: 1.6Grade Unit: %View all details
Link to this fact

Identity

Project
Costerfield
Commodity
antimony
Region
australia
Reported Region
Australia
Ticker
ALK

Resource scope

Estimate type
reserve
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Chris Davis
Resource group id
resource:eebdf8f4b4201300119a

Resource Data

Tonnes
960000
Grade
1.6
Grade Unit
%

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-11T00:00:00.000Z

Reasoning: Antimony component of Costerfield ore reserve.

Evidence · table

“1.6”

Context: 960

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.