# ALK: Presentation - Precious Metals Summit Beaver Creek

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03142290

Publisher: asx

Original announcement: 2026-09-22T06:29:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-22T07:12:50.146Z

Atlas analysis updated: 2026-09-22T07:12:50.146Z

- Company: Alkane Resources Limited

- Ticker: ALK

- Exchange: ASX

- Region: Unavailable

- Primary commodity: Gold

- Secondary commodities: Antimony, Copper

- Document categories: Resource update, Other

- Extracted: 2026-09-22 07:12:51 UTC

Narrative sentiment: 0.30 · Bullish

## Minestarters Atlas summary

Alkane Resources presented at the Precious Metals Summit, providing an overview of its gold and antimony production assets in Australia and Sweden, alongside its gold-copper porphyry project. The presentation highlighted updated Mineral Resources and Ore Reserves as of June 30, 2026, showing growth in contained metal across its operating assets, particularly at Björkdal, and provided FY2027 production and cost guidance. The resource and reserve updates are based on previously released information from September 2026.

Reasoning: The presentation highlights growth in contained metal across all operating assets, particularly at Björkdal, and provides updated resource and reserve statements. While the data itself was previously released, the overall picture is positive for the company's portfolio. The effective date for the estimates is June 30, 2026, which is relatively recent, but the Boda-Kaiser Scoping Study is from July 2024, making it somewhat stale.

- Positive factor: Contained Metal Growth

- Positive factor: Category Upgrade

- Positive factor: QP/CP Signed

- Positive factor: JORC Compliant

- Positive factor: NI 43-101 Compliant

- Negative factor: Stale Estimate

Facts used in scoring: 73

## Classification and evidence

**QP/CP Signed**

Polarity: positive

Definition: 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, Alkane’s Chief Geologist, is a “qualified person” as defined in NI 43-101 and a Competent Person as defined in the JORC Code, and has approved the scientific and technical information.

Evidence · text

> Mr Chris Davis, who is a “qualified person” as defined in NI 43-101. Mr Davis is employed by Alkane as Chief Geologist and, as an employee of Alkane, is not considered independent of Alkane within the meaning of NI 43-101. Mr Davis consents to the inclusion in this presentation of the matters based on his information in the form and context in which they appear.

**JORC Compliant**

Polarity: positive

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

Why it applies: The information in this presentation is based on information compiled by Mr Chris Davis, who qualifies as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves \(JORC Code\).

Evidence · text

> Mr Chris Davis, who is a Chartered Professional \(Geology\) of the Australasian Institute of Mining and Metallurgy \(MAusIMM CP\(Geo\)\), and a Member of the Australian Institute of Geoscientists \(MAIG\). Mr Davis has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves \(JORC Code\).

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The scientific and technical information in this presentation has been prepared under the supervision of, and approved by, Mr Chris Davis, who is a “qualified person” as defined in NI 43-101.

Evidence · text

> For the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects \(‘NI 43-101’\), the scientific and technical information contained in this presentation has been prepared under the supervision of, and approved by, Mr Chris Davis, who is a “qualified person” as defined in NI 43-101.

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The presentation includes updated Mineral Resources and Ore Reserves statements for Tomingley, Costerfield, and Björkdal as of 30 June 2026.

Evidence · text

> The information in this presentation that relates to Mineral Resources and Ore Reserves has been extracted from the ASX announcements titled ‘Tomingley Resources &amp; Reserves Statement FY26’, ‘Costerfield Resources &amp; Reserves Statement FY26’ and ‘Björkdal Resources &amp; Reserves Statement FY26’ all of which were released to the ASX on 11 September 2026 \(Resources and Reserves Statements\).

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: The presentation states 'Contained Metal in Ore Reserves now at: P&amp;P = 1.37 Moz Au + 15 kt Sb' and 'Contained Metal in Mineral Resources now at: M&amp;I = 8.64 Moz Au + 1.01 Mt Cu + 42.0 kt Sb', indicating growth.

Evidence · text

> Contained Metal in Ore Reserves now at: P&amp;P = 1.37 Moz Au + 15 kt Sb1 ... Contained Metal in Mineral Resources now at: M&amp;I = 8.64 Moz Au + 1.01 Mt Cu + 42.0 kt Sb1

**Category Upgrade**

Polarity: positive

Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: The presentation highlights 'Largest Growth at Björkdal with Storheden Indicated and Inferred resource growth.'

Evidence · text

> Largest Growth at Björkdal with Storheden Indicated and Inferred resource growth.

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The Boda-Kaiser Scoping Study, which outlines an economic development pathway, is drawn from an ASX Announcement dated 10 July 2024, making it over two years old.

Evidence · text

> The information relating to the Boda-Kaiser Scoping Study is drawn from Alkane’s ASX Announcement dated 10 July 2024.

## Extracted facts

Stored fact records: 73. Some facts used in scoring do not have a stored record.

## Resource Estimates (73)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-0)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:12881246c4cedb31fcb6
- Deposit or zone: San Antonio

#### Resource Data

- Category: indicated
- Tonnes: 5930000
- Grade: 1.8
- Grade Unit: g/t
- Contained Metal: 347
- Contained Unit: koz
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an indicated open pittable resource for gold at San Antonio, contributing to the overall resource base.

Evidence · table

> 1.8

Context: 5,930

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-1)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:ddbb1fcd84c10e777b71
- Deposit or zone: San Antonio

#### Resource Data

- Category: inferred
- Tonnes: 1389000
- Grade: 1.3
- Grade Unit: g/t
- Contained Metal: 59
- Contained Unit: koz
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred open pittable resource for gold at San Antonio, which has lower geological confidence.

- Negative factor: Inferred Resource

Evidence · table

> 1.3

Context: 1,389

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-2)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:4e97b1eb45204f4a5134
- Deposit or zone: Stockpiles

#### Resource Data

- Category: measured
- Tonnes: 342000
- Grade: 1.4
- Grade Unit: g/t
- Contained Metal: 15
- Contained Unit: koz
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a measured resource from stockpiles, indicating high confidence and readily available material.

- Positive factor: Measured Resource

Evidence · table

> 1.4

Context: 342

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-3)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:674811c412f6b9a039b2
- Deposit or zone: Wyoming One

#### Resource Data

- Category: measured
- Tonnes: 1011000
- Grade: 2.7
- Grade Unit: g/t
- Cutoff Grade: 1.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a measured underground resource for gold at Wyoming One, indicating high confidence.

- Positive factor: Measured Resource

Evidence · table

> 2.7

Context: 1,011

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-4)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:b1c3270836beb5bd02a6
- Deposit or zone: Wyoming One

#### Resource Data

- Category: indicated
- Tonnes: 627000
- Grade: 2.1
- Grade Unit: g/t
- Cutoff Grade: 1.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an indicated underground resource for gold at Wyoming One, contributing to the resource base.

Evidence · table

> 2.1

Context: 627

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-5)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:8f02e78840d027f6ba74
- Deposit or zone: Wyoming One

#### Resource Data

- Category: inferred
- Tonnes: 104000
- Grade: 2.1
- Grade Unit: g/t
- Cutoff Grade: 1.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred underground resource for gold at Wyoming One, which has lower geological confidence.

- Negative factor: Inferred Resource

Evidence · table

> 2.1

Context: 104

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-6)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:c2fbeb90f0d98611633f
- Deposit or zone: Caloma Two

#### Resource Data

- Category: measured
- Tonnes: 368000
- Grade: 2.3
- Grade Unit: g/t
- Cutoff Grade: 1.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a measured underground resource for gold at Caloma Two, indicating high confidence.

- Positive factor: Measured Resource

Evidence · table

> 2.3

Context: 368

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-7)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:bb2cbe21655ba9074284
- Deposit or zone: Caloma Two

#### Resource Data

- Category: indicated
- Tonnes: 1499000
- Grade: 2.3
- Grade Unit: g/t
- Cutoff Grade: 1.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an indicated underground resource for gold at Caloma Two, contributing to the resource base.

Evidence · table

> 2.3

Context: 1,499

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-8)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:1dc299b4005bf3df20cc
- Deposit or zone: Caloma Two

#### Resource Data

- Category: inferred
- Tonnes: 362000
- Grade: 2
- Grade Unit: g/t
- Cutoff Grade: 1.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred underground resource for gold at Caloma Two, which has lower geological confidence.

- Negative factor: Inferred Resource

Evidence · table

> 2.0

Context: 362

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-9)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:2f40a557d91427721614
- Deposit or zone: McLeans

#### Resource Data

- Category: inferred
- Tonnes: 870000
- Grade: 2.5
- Grade Unit: g/t
- Contained Metal: 70
- Contained Unit: koz
- Cutoff Grade: 1.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred underground resource for gold at McLeans, which has lower geological confidence.

- Negative factor: Inferred Resource

Evidence · table

> 2.5

Context: 870

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-10)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:b2edd53ee5a09d468bc7
- Deposit or zone: Wyoming Three

#### Resource Data

- Category: indicated
- Tonnes: 1000
- Grade: 2.5
- Grade Unit: g/t
- Cutoff Grade: 0.9
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a small indicated underground resource for gold at Wyoming Three.

Evidence · table

> 2.5

Context: 1

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-11)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:e46d6bcc7d900a6a0ffc
- Deposit or zone: Wyoming Three

#### Resource Data

- Category: inferred
- Tonnes: 181000
- Grade: 1.9
- Grade Unit: g/t
- Contained Metal: 11
- Contained Unit: koz
- Cutoff Grade: 0.9
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred underground resource for gold at Wyoming Three, which has lower geological confidence.

- Negative factor: Inferred Resource

Evidence · table

> 1.9

Context: 181

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-12)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:ac945881c69c010740c0
- Deposit or zone: Caloma One

#### Resource Data

- Category: measured
- Tonnes: 753000
- Grade: 1.9
- Grade Unit: g/t
- Cutoff Grade: 0.9
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a measured underground resource for gold at Caloma One, indicating high confidence.

- Positive factor: Measured Resource

Evidence · table

> 1.9

Context: 753

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-13)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:39bbc2284dee7bf5924b
- Deposit or zone: Caloma One

#### Resource Data

- Category: indicated
- Tonnes: 1111000
- Grade: 1.8
- Grade Unit: g/t
- Contained Metal: 110
- Contained Unit: koz
- Cutoff Grade: 0.9
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an indicated underground resource for gold at Caloma One, contributing to the resource base.

Evidence · table

> 1.8

Context: 1,111

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-14)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:ec474344c291f386b9be
- Deposit or zone: Caloma One

#### Resource Data

- Category: inferred
- Tonnes: 82000
- Grade: 1.2
- Grade Unit: g/t
- Contained Metal: 3
- Contained Unit: koz
- Cutoff Grade: 0.9
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a small inferred underground resource for gold at Caloma One, which has lower geological confidence.

- Negative factor: Inferred Resource

Evidence · table

> 1.2

Context: 82

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-15)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:65f57ff8d656d42dc83c
- Deposit or zone: Roswell

#### Resource Data

- Category: measured
- Tonnes: 3420000
- Grade: 2.6
- Grade Unit: g/t
- Cutoff Grade: 0.9
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a measured underground resource for gold at Roswell, indicating high confidence.

- Positive factor: Measured Resource

Evidence · table

> 2.6

Context: 3,420

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-16)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:ebfca48ffa44160a33a7
- Deposit or zone: Roswell

#### Resource Data

- Category: indicated
- Tonnes: 2240000
- Grade: 2.2
- Grade Unit: g/t
- Contained Metal: 444
- Contained Unit: koz
- Cutoff Grade: 0.9
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an indicated underground resource for gold at Roswell, contributing significantly to the resource base.

Evidence · table

> 2.2

Context: 2,240

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-17)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:fe51c95021d08df93d6c
- Deposit or zone: Roswell

#### Resource Data

- Category: inferred
- Tonnes: 551000
- Grade: 1.3
- Grade Unit: g/t
- Contained Metal: 23
- Contained Unit: koz
- Cutoff Grade: 0.9
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred underground resource for gold at Roswell, which has lower geological confidence.

- Negative factor: Inferred Resource

Evidence · table

> 1.3

Context: 551

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-18)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:d0e2145710b857573f58
- Deposit or zone: San Antonio

#### Resource Data

- Category: probable
- Tonnes: 4100000
- Grade: 1.6
- Grade Unit: g/t
- Contained Metal: 214
- Contained Unit: koz
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a probable open pittable reserve for gold at San Antonio, indicating economic viability.

- Positive factor: Probable Reserve

Evidence · table

> 1.6

Context: 4,100

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-19)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:6e1231282f4b6f26cbfd
- Deposit or zone: Stockpiles

#### Resource Data

- Category: proven
- Tonnes: 342000
- Grade: 1.4
- Grade Unit: g/t
- Contained Metal: 15
- Contained Unit: koz
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a proved reserve from stockpiles, indicating high confidence and economic viability.

- Positive factor: Proven Reserve

Evidence · table

> 1.4

Context: 342

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-20)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:4bcd78f82a3bb5108766
- Deposit or zone: Caloma One

#### Resource Data

- Category: proven
- Tonnes: 83000
- Grade: 1.5
- Grade Unit: g/t
- Cutoff Grade: 1.1
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a proved underground reserve for gold at Caloma One, indicating economic viability.

- Positive factor: Proven Reserve

Evidence · table

> 1.5

Context: 83

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-21)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:e0b5220d357680b75ee4
- Deposit or zone: Caloma One

#### Resource Data

- Category: probable
- Tonnes: 337000
- Grade: 1.5
- Grade Unit: g/t
- Contained Metal: 21
- Contained Unit: koz
- Cutoff Grade: 1.1
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a probable underground reserve for gold at Caloma One, indicating economic viability.

- Positive factor: Probable Reserve

Evidence · table

> 1.5

Context: 337

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-22)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:94a75d104fa9860afa75
- Deposit or zone: Caloma Two

#### Resource Data

- Category: proven
- Tonnes: 38000
- Grade: 1.5
- Grade Unit: g/t
- Cutoff Grade: 1.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a small proved underground reserve for gold at Caloma Two, indicating economic viability.

- Positive factor: Proven Reserve

Evidence · table

> 1.5

Context: 38

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-23)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:fcfec884596daf14aaa1
- Deposit or zone: Caloma Two

#### Resource Data

- Category: probable
- Tonnes: 1005000
- Grade: 1.7
- Grade Unit: g/t
- Contained Metal: 58
- Contained Unit: koz
- Cutoff Grade: 1.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a probable underground reserve for gold at Caloma Two, indicating economic viability.

- Positive factor: Probable Reserve

Evidence · table

> 1.7

Context: 1,005

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-24)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:05f1069048a36b402377
- Deposit or zone: Roswell

#### Resource Data

- Category: proven
- Tonnes: 3364000
- Grade: 2
- Grade Unit: g/t
- Cutoff Grade: 1.1
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a proved underground reserve for gold at Roswell, indicating economic viability.

- Positive factor: Proven Reserve

Evidence · table

> 2.0

Context: 3,364

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-25)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:a88f036bcf61af55e796
- Deposit or zone: Roswell

#### Resource Data

- Category: probable
- Tonnes: 2131000
- Grade: 1.7
- Grade Unit: g/t
- Contained Metal: 333
- Contained Unit: koz
- Cutoff Grade: 1.1
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a probable underground reserve for gold at Roswell, indicating economic viability.

- Positive factor: Probable Reserve

Evidence · table

> 1.7

Context: 2,131

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-26)

Peak Hill Gold Project · gold

#### Identity

- Project: Peak Hill Gold Project
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:59f79bb63e71c2c38a7a
- Deposit or zone: Proprietary U/G

#### Resource Data

- Category: inferred
- Tonnes: 1020000
- Grade: 3.29
- Grade Unit: g/t
- Contained Metal: 108
- Contained Unit: koz
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred underground resource for gold at Peak Hill, which has lower geological confidence.

- Negative factor: Inferred Resource

Evidence · table

> 3.29

Context: 1.02

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-27)

Peak Hill Gold Project · copper

#### Identity

- Project: Peak Hill Gold Project
- Commodity: copper
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:59f79bb63e71c2c38a7a
- Deposit or zone: Proprietary U/G

#### Resource Data

- Category: inferred
- Tonnes: 1020000
- Grade: 0.15
- Grade Unit: %
- Cutoff Grade: 2
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred underground resource for copper at Peak Hill, which has lower geological confidence.

- Negative factor: Inferred Resource

Evidence · table

> 0.15

Context: 1.02

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-28)

Costerfield · gold

#### Identity

- Project: Costerfield
- Commodity: gold
- Region: australia\_vic
- Reported Region: Victoria
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:698b7edfea2d34fdbeac
- Deposit or zone: Underground

#### Resource Data

- Category: measured
- Tonnes: 423000
- Grade: 10
- Grade Unit: g/t
- Contained Metal: 136
- Contained Unit: koz
- Cutoff Grade: 3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-06-30

#### Metal Equivalent

- Metal Eq. Grade: 10
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a high-grade measured underground resource for gold at Costerfield, indicating high confidence and economic potential.

- Positive factor: Measured Resource

Evidence · table

> 10.0

Context: 423

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-29)

Costerfield · antimony

#### Identity

- Project: Costerfield
- Commodity: antimony
- Region: australia\_vic
- Reported Region: Victoria
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:698b7edfea2d34fdbeac
- Deposit or zone: Underground

#### Resource Data

- Category: measured
- Tonnes: 423000
- Grade: 3.2
- Grade Unit: %
- Contained Metal: 13.7
- Contained Unit: kt
- Cutoff Grade: 3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-06-30

#### Metal Equivalent

- Metal Eq. Grade: 10
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a high-grade measured underground resource for antimony at Costerfield, indicating high confidence and economic potential.

- Positive factor: Measured Resource

Evidence · table

> 3.2

Context: 423

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-30)

Costerfield · gold

#### Identity

- Project: Costerfield
- Commodity: gold
- Region: australia\_vic
- Reported Region: Victoria
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:520ddda51344db644fcf
- Deposit or zone: Stockpile

#### Resource Data

- Category: measured
- Tonnes: 49000
- Grade: 3.7
- Grade Unit: g/t
- Contained Metal: 6
- Contained Unit: koz
- Cutoff Grade: 3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-06-30

#### Metal Equivalent

- Metal Eq. Grade: 3.7
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a measured resource from stockpiles for gold at Costerfield, indicating high confidence.

- Positive factor: Measured Resource

Evidence · table

> 3.7

Context: 49

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-31)

Costerfield · antimony

#### Identity

- Project: Costerfield
- Commodity: antimony
- Region: australia\_vic
- Reported Region: Victoria
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:520ddda51344db644fcf
- Deposit or zone: Stockpile

#### Resource Data

- Category: measured
- Tonnes: 49000
- Grade: 0.6
- Grade Unit: %
- Contained Metal: 0.3
- Contained Unit: kt
- Cutoff Grade: 3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-06-30

#### Metal Equivalent

- Metal Eq. Grade: 3.7
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a measured resource from stockpiles for antimony at Costerfield, indicating high confidence.

- Positive factor: Measured Resource

Evidence · table

> 0.6

Context: 49

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-32)

Costerfield · gold

#### Identity

- Project: Costerfield
- Commodity: gold
- Region: australia\_vic
- Reported Region: Victoria
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:9071e44282f627e73569

#### Resource Data

- Category: indicated
- Tonnes: 1521000
- Grade: 5
- Grade Unit: g/t
- Contained Metal: 245
- Contained Unit: koz
- Cutoff Grade: 3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-06-30

#### Metal Equivalent

- Metal Eq. Grade: 5
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an indicated resource for gold at Costerfield, contributing significantly to the resource base.

- Positive factor: Indicated Resource

Evidence · table

> 5.0

Context: 1,521

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-33)

Costerfield · antimony

#### Identity

- Project: Costerfield
- Commodity: antimony
- Region: australia\_vic
- Reported Region: Victoria
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:9071e44282f627e73569

#### Resource Data

- Category: indicated
- Tonnes: 1521000
- Grade: 1.8
- Grade Unit: %
- Contained Metal: 28
- Contained Unit: kt
- Cutoff Grade: 3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-06-30

#### Metal Equivalent

- Metal Eq. Grade: 5
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an indicated resource for antimony at Costerfield, contributing significantly to the resource base.

- Positive factor: Indicated Resource

Evidence · table

> 1.8

Context: 1,521

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-34)

Costerfield · gold

#### Identity

- Project: Costerfield
- Commodity: gold
- Region: australia\_vic
- Reported Region: Victoria
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- 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
- Contained Metal: 111
- Contained Unit: koz
- Cutoff Grade: 3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-06-30

#### Metal Equivalent

- Metal Eq. Grade: 3.6
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred resource for gold at Costerfield, which has lower geological confidence.

- Negative factor: Inferred Resource

Evidence · table

> 3.6

Context: 969

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-35)

Costerfield · antimony

#### Identity

- Project: Costerfield
- Commodity: antimony
- Region: australia\_vic
- Reported Region: Victoria
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:c6b383cf2f8995bd22cd

#### Resource Data

- Category: inferred
- Tonnes: 969000
- Grade: 1.3
- Grade Unit: %
- Contained Metal: 12.9
- Contained Unit: kt
- Cutoff Grade: 3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-06-30

#### Metal Equivalent

- Metal Eq. Grade: 3.6
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred resource for antimony at Costerfield, which has lower geological confidence.

- Negative factor: Inferred Resource

Evidence · table

> 1.3

Context: 969

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-36)

Costerfield · gold

#### Identity

- Project: Costerfield
- Commodity: gold
- Region: australia\_vic
- Reported Region: Victoria
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:eb7dc79c46dfec49b06b
- Deposit or zone: Costerfield Underground

#### Resource Data

- Category: proven
- Tonnes: 220000
- Grade: 7.4
- Grade Unit: g/t
- Contained Metal: 52
- Contained Unit: koz
- Cutoff Grade: 4.4
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-06-30

#### Metal Equivalent

- Metal Eq. Grade: 7.4
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a high-grade proved underground reserve for gold at Costerfield, indicating high confidence and economic viability.

- Positive factor: Proven Reserve

Evidence · table

> 7.4

Context: 220

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-37)

Costerfield · antimony

#### Identity

- Project: Costerfield
- Commodity: antimony
- Region: australia\_vic
- Reported Region: Victoria
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:eb7dc79c46dfec49b06b
- Deposit or zone: Costerfield Underground

#### Resource Data

- Category: proven
- Tonnes: 220000
- Grade: 1.7
- Grade Unit: %
- Contained Metal: 3.7
- Contained Unit: kt
- Cutoff Grade: 4.4
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-06-30

#### Metal Equivalent

- Metal Eq. Grade: 7.4
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a high-grade proved underground reserve for antimony at Costerfield, indicating high confidence and economic viability.

- Positive factor: Proven Reserve

Evidence · table

> 1.7

Context: 220

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-38)

Costerfield · gold

#### Identity

- Project: Costerfield
- Commodity: gold
- Region: australia\_vic
- Reported Region: Victoria
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:e6f86960d50c4c6b04fd
- Deposit or zone: Stockpile

#### Resource Data

- Category: proven
- Tonnes: 49000
- Grade: 3.7
- Grade Unit: g/t
- Contained Metal: 6
- Contained Unit: koz
- Cutoff Grade: 4.4
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-06-30

#### Metal Equivalent

- Metal Eq. Grade: 3.7
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a proved reserve from stockpiles for gold at Costerfield, indicating economic viability.

- Positive factor: Proven Reserve

Evidence · table

> 3.7

Context: 49

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-39)

Costerfield · antimony

#### Identity

- Project: Costerfield
- Commodity: antimony
- Region: australia\_vic
- Reported Region: Victoria
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:e6f86960d50c4c6b04fd
- Deposit or zone: Stockpile

#### Resource Data

- Category: proven
- Tonnes: 49000
- Grade: 0.6
- Grade Unit: %
- Contained Metal: 0.3
- Contained Unit: kt
- Cutoff Grade: 4.4
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-06-30

#### Metal Equivalent

- Metal Eq. Grade: 3.7
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a proved reserve from stockpiles for antimony at Costerfield, indicating economic viability.

- Positive factor: Proven Reserve

Evidence · table

> 0.6

Context: 49

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-40)

Costerfield · gold

#### Identity

- Project: Costerfield
- Commodity: gold
- Region: australia\_vic
- Reported Region: Victoria
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:86a31126fff8f5d32b39
- Deposit or zone: Costerfield Underground

#### Resource Data

- Category: probable
- Tonnes: 690000
- Grade: 5.1
- Grade Unit: g/t
- Contained Metal: 112
- Contained Unit: koz
- Cutoff Grade: 4.4
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-06-30

#### Metal Equivalent

- Metal Eq. Grade: 5.1
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a probable underground reserve for gold at Costerfield, indicating economic viability.

- Positive factor: Probable Reserve

Evidence · table

> 5.1

Context: 690

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-41)

Costerfield · antimony

#### Identity

- Project: Costerfield
- Commodity: antimony
- Region: australia\_vic
- Reported Region: Victoria
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:86a31126fff8f5d32b39
- Deposit or zone: Costerfield Underground

#### Resource Data

- Category: probable
- Tonnes: 690000
- Grade: 1.6
- Grade Unit: %
- Contained Metal: 10.9
- Contained Unit: kt
- Cutoff Grade: 4.4
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2026-06-30

#### Metal Equivalent

- Metal Eq. Grade: 5.1
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a probable underground reserve for antimony at Costerfield, indicating economic viability.

- Positive factor: Probable Reserve

Evidence · table

> 1.6

Context: 690

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-42)

Björkdal · gold

#### Identity

- Project: Björkdal
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:3548bef4ebffc8fa4c4a
- Deposit or zone: Björkdal Underground

#### Resource Data

- Category: measured
- Tonnes: 1278000
- Grade: 2.48
- Grade Unit: g/t
- Contained Metal: 102
- Contained Unit: koz
- Cutoff Grade: 0.65
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a measured underground resource for gold at Björkdal, indicating high confidence.

- Positive factor: Measured Resource

Evidence · table

> 2.48

Context: 1,278

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-43)

Björkdal · gold

#### Identity

- Project: Björkdal
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:ee060b0a08196d28f14e
- Deposit or zone: Björkdal Open Pit

#### Resource Data

- Category: indicated
- Tonnes: 4102000
- Grade: 1.62
- Grade Unit: g/t
- Contained Metal: 214
- Contained Unit: koz
- Cutoff Grade: 0.18
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an indicated open pit resource for gold at Björkdal, contributing significantly to the resource base.

- Positive factor: Indicated Resource

Evidence · table

> 1.62

Context: 4,102

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-44)

Björkdal · gold

#### Identity

- Project: Björkdal
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:05e936bd0ac0abbb32fd
- Deposit or zone: Björkdal Underground

#### Resource Data

- Category: indicated
- Tonnes: 14881000
- Grade: 2.21
- Grade Unit: g/t
- Contained Metal: 1058
- Contained Unit: koz
- Cutoff Grade: 0.65
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a large indicated underground resource for gold at Björkdal, representing a significant portion of the resource base.

- Positive factor: Indicated Resource

Evidence · table

> 2.21

Context: 14,881

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-45)

Björkdal · gold

#### Identity

- Project: Björkdal
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:d38fd85b216e49a7034f
- Deposit or zone: Storheden Underground

#### Resource Data

- Category: indicated
- Tonnes: 1075000
- Grade: 2.51
- Grade Unit: g/t
- Contained Metal: 87
- Contained Unit: koz
- Cutoff Grade: 0.65
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an indicated underground resource for gold at Storheden, contributing to the resource base.

- Positive factor: Indicated Resource

Evidence · table

> 2.51

Context: 1,075

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-46)

Björkdal · gold

#### Identity

- Project: Björkdal
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:e9677a04a11ccef43d77
- Deposit or zone: Stockpile

#### Resource Data

- Category: indicated
- Tonnes: 916000
- Grade: 0.57
- Grade Unit: g/t
- Contained Metal: 17
- Contained Unit: koz
- Cutoff Grade: 0.65
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an indicated resource from stockpiles for gold at Björkdal.

- Positive factor: Indicated Resource

Evidence · table

> 0.57

Context: 916

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-47)

Björkdal · gold

#### Identity

- Project: Björkdal
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:c9caa3403223eefc4050
- Deposit or zone: Norrberget Open Pit

#### Resource Data

- Category: indicated
- Tonnes: 221000
- Grade: 2.76
- Grade Unit: g/t
- Contained Metal: 20
- Contained Unit: koz
- Cutoff Grade: 0.32
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an indicated open pit resource for gold at Norrberget.

- Positive factor: Indicated Resource

Evidence · table

> 2.76

Context: 221

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-48)

Björkdal · gold

#### Identity

- Project: Björkdal
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:7a4851525d9206fdb025
- Deposit or zone: Björkdal Open Pit

#### Resource Data

- Category: inferred
- Tonnes: 6371000
- Grade: 1.13
- Grade Unit: g/t
- Contained Metal: 231
- Contained Unit: koz
- Cutoff Grade: 0.18
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a large inferred open pit resource for gold at Björkdal, which has lower geological confidence.

- Negative factor: Inferred Resource

Evidence · table

> 1.13

Context: 6,371

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-49)

Björkdal · gold

#### Identity

- Project: Björkdal
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:92c74e58a4b1c0c4c218
- Deposit or zone: Björkdal Underground

#### Resource Data

- Category: inferred
- Tonnes: 3783000
- Grade: 1.96
- Grade Unit: g/t
- Contained Metal: 238
- Contained Unit: koz
- Cutoff Grade: 0.65
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred underground resource for gold at Björkdal, which has lower geological confidence.

- Negative factor: Inferred Resource

Evidence · table

> 1.96

Context: 3,783

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-50)

Björkdal · gold

#### Identity

- Project: Björkdal
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:f2d2f54963e5dea83d80
- Deposit or zone: Storheden Underground

#### Resource Data

- Category: inferred
- Tonnes: 1846000
- Grade: 2.11
- Grade Unit: g/t
- Contained Metal: 125
- Contained Unit: koz
- Cutoff Grade: 0.65
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred underground resource for gold at Storheden, which has lower geological confidence.

- Negative factor: Inferred Resource

Evidence · table

> 2.11

Context: 1,846

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-51)

Björkdal · gold

#### Identity

- Project: Björkdal
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:2bf97cfdc188174f682e
- Deposit or zone: Norrberget Open Pit

#### Resource Data

- Category: inferred
- Tonnes: 96000
- Grade: 5.38
- Grade Unit: g/t
- Contained Metal: 17
- Contained Unit: koz
- Cutoff Grade: 0.32
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred open pit resource for gold at Norrberget, which has lower geological confidence.

- Negative factor: Inferred Resource

Evidence · table

> 5.38

Context: 96

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-52)

Björkdal · gold

#### Identity

- Project: Björkdal
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:0e26aae48d83ea144595
- Deposit or zone: Björkdal Underground

#### Resource Data

- Category: proven
- Tonnes: 1155000
- Grade: 1.63
- Grade Unit: g/t
- Contained Metal: 61
- Contained Unit: koz
- Cutoff Grade: 0.77
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a proven underground reserve for gold at Björkdal, indicating high confidence and economic viability.

- Positive factor: Proven Reserve

Evidence · table

> 1.63

Context: 1,155

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-53)

Björkdal · gold

#### Identity

- Project: Björkdal
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:1d1c45e3c8e01c14bbc6
- Deposit or zone: Björkdal Underground

#### Resource Data

- Category: probable
- Tonnes: 5526000
- Grade: 1.61
- Grade Unit: g/t
- Contained Metal: 287
- Contained Unit: koz
- Cutoff Grade: 0.77
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a probable underground reserve for gold at Björkdal, indicating economic viability.

- Positive factor: Probable Reserve

Evidence · table

> 1.61

Context: 5,526

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-54)

Björkdal · gold

#### Identity

- Project: Björkdal
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:35d1c7e5931899ba3583
- Deposit or zone: Open Pit

#### Resource Data

- Category: probable
- Tonnes: 5363000
- Grade: 1.06
- Grade Unit: g/t
- Contained Metal: 184
- Contained Unit: koz
- Cutoff Grade: 0.21
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a probable open pit reserve for gold at Björkdal, indicating economic viability.

- Positive factor: Probable Reserve

Evidence · table

> 1.06

Context: 5,363

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-55)

Björkdal · gold

#### Identity

- Project: Björkdal
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:54dcd02d4ab3aaafaf69
- Deposit or zone: Norrberget Open Pit

#### Resource Data

- Category: probable
- Tonnes: 161000
- Grade: 2.72
- Grade Unit: g/t
- Contained Metal: 14
- Contained Unit: koz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a probable open pit reserve for gold at Norrberget, indicating economic viability.

- Positive factor: Probable Reserve

Evidence · table

> 2.72

Context: 161

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-56)

Björkdal · gold

#### Identity

- Project: Björkdal
- Commodity: gold
- Region: sweden
- Reported Region: Sweden
- Ticker: ALK

#### Resource scope

- Estimate type: reserve
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:c97ef8598834344aea84
- Deposit or zone: Stockpiles

#### Resource Data

- Category: probable
- Tonnes: 916000
- Grade: 0.59
- Grade Unit: g/t
- Contained Metal: 17
- Contained Unit: koz
- Cutoff Grade: 0.21
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-06-30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a probable reserve from stockpiles for gold at Björkdal, indicating economic viability.

- Positive factor: Probable Reserve

Evidence · table

> 0.59

Context: 916

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-57)

Boda-Kaiser · gold

#### Identity

- Project: Boda-Kaiser
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:92b34b7945a87263c156
- Deposit or zone: Boda

#### Resource Data

- Category: indicated
- Tonnes: 191000000
- Grade: 0.36
- Grade Unit: g/t
- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-15

#### Metal Equivalent

- Metal Eq. Grade: 0.58
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a large indicated open pittable resource for gold at Boda, contributing significantly to the project's potential. The effective date is from October 2025, making it somewhat stale.

- Positive factor: Indicated Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.36

Context: 191

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-58)

Boda-Kaiser · copper

#### Identity

- Project: Boda-Kaiser
- Commodity: copper
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:92b34b7945a87263c156
- Deposit or zone: Boda

#### Resource Data

- Category: indicated
- Tonnes: 191000000
- Grade: 0.17
- Grade Unit: %
- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-15

#### Metal Equivalent

- Metal Eq. Grade: 0.58
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a large indicated open pittable resource for copper at Boda, contributing significantly to the project's potential. The effective date is from October 2025, making it somewhat stale.

- Positive factor: Indicated Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.17

Context: 191

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-59)

Boda-Kaiser · gold

#### Identity

- Project: Boda-Kaiser
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:c0c4d45d59ff2e543ab3
- Deposit or zone: Boda

#### Resource Data

- Category: inferred
- Tonnes: 42000000
- Grade: 0.29
- Grade Unit: g/t
- Contained Metal: 2.62
- Contained Unit: moz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-15

#### Metal Equivalent

- Metal Eq. Grade: 0.58
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred open pittable resource for gold at Boda, which has lower geological confidence. The effective date is from October 2025, making it somewhat stale.

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.29

Context: 42

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-60)

Boda-Kaiser · copper

#### Identity

- Project: Boda-Kaiser
- Commodity: copper
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:c0c4d45d59ff2e543ab3
- Deposit or zone: Boda

#### Resource Data

- Category: inferred
- Tonnes: 42000000
- Grade: 0.16
- Grade Unit: %
- Contained Metal: 0.39
- Contained Unit: mt
- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-15

#### Metal Equivalent

- Metal Eq. Grade: 0.58
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred open pittable resource for copper at Boda, which has lower geological confidence. The effective date is from October 2025, making it somewhat stale.

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.16

Context: 42

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-61)

Boda-Kaiser · gold

#### Identity

- Project: Boda-Kaiser
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:d9ee7ba44b60c066a619
- Deposit or zone: Kaiser

#### Resource Data

- Category: indicated
- Tonnes: 179000000
- Grade: 0.27
- Grade Unit: g/t
- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-15

#### Metal Equivalent

- Metal Eq. Grade: 0.54
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a large indicated open pittable resource for gold at Kaiser, contributing significantly to the project's potential. The effective date is from October 2025, making it somewhat stale.

- Positive factor: Indicated Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.27

Context: 179

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-62)

Boda-Kaiser · copper

#### Identity

- Project: Boda-Kaiser
- Commodity: copper
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:d9ee7ba44b60c066a619
- Deposit or zone: Kaiser

#### Resource Data

- Category: indicated
- Tonnes: 179000000
- Grade: 0.2
- Grade Unit: %
- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-15

#### Metal Equivalent

- Metal Eq. Grade: 0.54
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a large indicated open pittable resource for copper at Kaiser, contributing significantly to the project's potential. The effective date is from October 2025, making it somewhat stale.

- Positive factor: Indicated Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.20

Context: 179

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-63)

Boda-Kaiser · gold

#### Identity

- Project: Boda-Kaiser
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:a8fba3cf4194a2f38075
- Deposit or zone: Kaiser

#### Resource Data

- Category: inferred
- Tonnes: 10000000
- Grade: 0.29
- Grade Unit: g/t
- Contained Metal: 1.64
- Contained Unit: moz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-15

#### Metal Equivalent

- Metal Eq. Grade: 0.54
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred open pittable resource for gold at Kaiser, which has lower geological confidence. The effective date is from October 2025, making it somewhat stale.

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.29

Context: 10

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-64)

Boda-Kaiser · copper

#### Identity

- Project: Boda-Kaiser
- Commodity: copper
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:a8fba3cf4194a2f38075
- Deposit or zone: Kaiser

#### Resource Data

- Category: inferred
- Tonnes: 10000000
- Grade: 0.14
- Grade Unit: %
- Contained Metal: 0.37
- Contained Unit: mt
- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-15

#### Metal Equivalent

- Metal Eq. Grade: 0.54
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred open pittable resource for copper at Kaiser, which has lower geological confidence. The effective date is from October 2025, making it somewhat stale.

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.14

Context: 10

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-65)

Boda-Kaiser · gold

#### Identity

- Project: Boda-Kaiser
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:7e7ac2a00b04cfc979bc
- Deposit or zone: Boda

#### Resource Data

- Category: indicated
- Tonnes: 151000000
- Grade: 0.34
- Grade Unit: g/t
- Cutoff Grade: 0.4
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-15

#### Metal Equivalent

- Metal Eq. Grade: 0.59
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a large indicated underground resource for gold at Boda, contributing significantly to the project's potential. The effective date is from October 2025, making it somewhat stale.

- Positive factor: Indicated Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.34

Context: 151

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-66)

Boda-Kaiser · copper

#### Identity

- Project: Boda-Kaiser
- Commodity: copper
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:7e7ac2a00b04cfc979bc
- Deposit or zone: Boda

#### Resource Data

- Category: indicated
- Tonnes: 151000000
- Grade: 0.2
- Grade Unit: %
- Cutoff Grade: 0.4
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-15

#### Metal Equivalent

- Metal Eq. Grade: 0.59
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a large indicated underground resource for copper at Boda, contributing significantly to the project's potential. The effective date is from October 2025, making it somewhat stale.

- Positive factor: Indicated Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.20

Context: 151

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-67)

Boda-Kaiser · gold

#### Identity

- Project: Boda-Kaiser
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:e2e8b45b9a3e3c23de42
- Deposit or zone: Boda

#### Resource Data

- Category: inferred
- Tonnes: 198000000
- Grade: 0.34
- Grade Unit: g/t
- Contained Metal: 3.78
- Contained Unit: moz
- Cutoff Grade: 0.4
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-15

#### Metal Equivalent

- Metal Eq. Grade: 0.59
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a large inferred underground resource for gold at Boda, which has lower geological confidence. The effective date is from October 2025, making it somewhat stale.

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.34

Context: 198

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-68)

Boda-Kaiser · copper

#### Identity

- Project: Boda-Kaiser
- Commodity: copper
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:e2e8b45b9a3e3c23de42
- Deposit or zone: Boda

#### Resource Data

- Category: inferred
- Tonnes: 198000000
- Grade: 0.18
- Grade Unit: %
- Contained Metal: 0.65
- Contained Unit: mt
- Cutoff Grade: 0.4
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-15

#### Metal Equivalent

- Metal Eq. Grade: 0.59
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is a large inferred underground resource for copper at Boda, which has lower geological confidence. The effective date is from October 2025, making it somewhat stale.

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.18

Context: 198

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-69)

Boda-Kaiser · gold

#### Identity

- Project: Boda-Kaiser
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:d276ad0e042b2c81337b
- Deposit or zone: Kaiser

#### Resource Data

- Category: indicated
- Tonnes: 16000000
- Grade: 0.3
- Grade Unit: g/t
- Cutoff Grade: 0.4
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-15

#### Metal Equivalent

- Metal Eq. Grade: 0.61
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an indicated underground resource for gold at Kaiser, contributing to the project's potential. The effective date is from October 2025, making it somewhat stale.

- Positive factor: Indicated Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.30

Context: 16

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-70)

Boda-Kaiser · copper

#### Identity

- Project: Boda-Kaiser
- Commodity: copper
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:d276ad0e042b2c81337b
- Deposit or zone: Kaiser

#### Resource Data

- Category: indicated
- Tonnes: 16000000
- Grade: 0.22
- Grade Unit: %
- Cutoff Grade: 0.4
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-15

#### Metal Equivalent

- Metal Eq. Grade: 0.61
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an indicated underground resource for copper at Kaiser, contributing to the project's potential. The effective date is from October 2025, making it somewhat stale.

- Positive factor: Indicated Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.22

Context: 16

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

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

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

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

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-71)

Boda-Kaiser · gold

#### Identity

- Project: Boda-Kaiser
- Commodity: gold
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:0550f943e605898958a2
- Deposit or zone: Kaiser

#### Resource Data

- Category: inferred
- Tonnes: 8000000
- Grade: 0.36
- Grade Unit: g/t
- Contained Metal: 0.24
- Contained Unit: moz
- Cutoff Grade: 0.4
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-15

#### Metal Equivalent

- Metal Eq. Grade: 0.61
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred underground resource for gold at Kaiser, which has lower geological confidence. The effective date is from October 2025, making it somewhat stale.

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.36

Context: 8

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/alk-presentation-precious-metals-summit-beaver-creek--e056f2fc-ed92-4829-8b7f-d145da730f1f#fact-resource-facts-72)

Boda-Kaiser · copper

#### Identity

- Project: Boda-Kaiser
- Commodity: copper
- Region: australia\_nsw
- Reported Region: New South Wales
- Ticker: ALK

#### Resource scope

- Estimate type: resource
- Reporting standards: jorc, ni\_43\_101
- QP Signed: Yes
- Qualified person names: Chris Davis
- Resource group id: resource:0550f943e605898958a2
- Deposit or zone: Kaiser

#### Resource Data

- Category: inferred
- Tonnes: 8000000
- Grade: 0.2
- Grade Unit: %
- Contained Metal: 0.05
- Contained Unit: mt
- Cutoff Grade: 0.4
- Cutoff Unit: g/t AuEq

#### Prior Estimate

- Resource Date: 2025-10-15

#### Metal Equivalent

- Metal Eq. Grade: 0.61
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-22T00:00:00.000Z

Reasoning: This is an inferred underground resource for copper at Kaiser, which has lower geological confidence. The effective date is from October 2025, making it somewhat stale.

- Negative factor: Inferred Resource

- Negative factor: Stale Estimate

Evidence · table

> 0.20

Context: 8

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

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

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

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

Why it applies: reporting\_standards includes jorc

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

## 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.
