Group Resources and Reserves Statements FY26

Original announcement by prospectors_exchange on

Company
Alkane Resources
Ticker
ALK
Exchange
Unavailable
Region
Unavailable
Primary commodity
Gold
Secondary commodities
Copper, Antimony
Document categories
Resource update
Extracted
2026-09-16 17:11:52 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Alkane Resources has released its FY26 Group Resources and Reserves Statement, reporting growth in mineral resources across its producing assets in Australia and Sweden. The update highlights successful exploration and extension programs at Björkdal, Tomingley, and Costerfield.

Reasoning: The company reports continued resource growth across its producing portfolio, reinforcing asset value through exploration success.

Positive factors

  • resource growth at all producing assets
  • successful exploration and extension programs

Negative factors

  • Boda-Kaiser not re-estimated

Facts used in scoring: 13

Classification and evidence

Resource Updateneutral

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

Why it applies: The document provides a summary of the latest Mineral Resource and Ore Reserve estimates for multiple assets.

Evidence · text

“summarise the latest update to the Mineral Resource and Ore Reserve estimates”

Extracted facts

Stored fact records: 13. Some facts used in scoring do not have a stored record.

Resource Estimates (13)

indicatedBjörkdal · goldTonnes: 22474000Grade: 2.07Grade Unit: g/tContained Metal: 1497Contained Unit: kozView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Ticker
ALK

Resource scope

Estimate type
resource
Resource group id
resource:3ceb126c3869a55ff1bf

Resource Data

Category
indicated
Tonnes
22474000
Grade
2.07
Grade Unit
g/t
Contained Metal
1497
Contained Unit
koz

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Standard M&I resource reporting for Björkdal.

Evidence · table

“2.07”

Context: 22,474

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

indicatedTomingley · goldTonnes: 17302000Grade: 2.1Grade Unit: g/tContained Metal: 1184Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Ticker
ALK

Resource scope

Estimate type
resource
Resource group id
resource:d186c95f23f45e53d63f

Resource Data

Category
indicated
Tonnes
17302000
Grade
2.1
Grade Unit
g/t
Contained Metal
1184
Contained Unit
koz

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Standard M&I resource reporting for Tomingley.

Evidence · table

“2.1”

Context: 17,302

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

indicatedCosterfield · goldTonnes: 1993000Grade: 6Grade Unit: g/tContained Metal: 387Contained Unit: kozView all details
Link to this fact

Identity

Project
Costerfield
Commodity
gold
Ticker
ALK

Resource scope

Estimate type
resource
Resource group id
resource:74f40734c51867223cce

Resource Data

Category
indicated
Tonnes
1993000
Grade
6
Grade Unit
g/t
Contained Metal
387
Contained Unit
koz

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: High grade M&I resource for Costerfield.

Evidence · table

“6.0”

Context: 1,993

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

indicatedCosterfield · goldTonnes: 1993000Grade: 6Grade Unit: g/tContained Metal: 387Contained Unit: kozView all details
Link to this fact

Identity

Project
Costerfield
Commodity
gold
Ticker
ALK

Resource scope

Estimate type
resource
Resource group id
resource:74f40734c51867223cce

Resource Data

Category
indicated
Tonnes
1993000
Grade
6
Grade Unit
g/t
Contained Metal
387
Contained Unit
koz

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: High grade M&I resource for Costerfield.

Evidence · table

“6.0”

Context: 1,993

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

indicatedCosterfield · antimonyTonnes: 1993000Grade: 2.1Grade Unit: %Contained Metal: 42Contained Unit: ktView all details
Link to this fact

Identity

Project
Costerfield
Commodity
antimony
Ticker
ALK

Resource scope

Estimate type
resource
Resource group id
resource:74f40734c51867223cce

Resource Data

Category
indicated
Tonnes
1993000
Grade
2.1
Grade Unit
%
Contained Metal
42
Contained Unit
kt

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Byproduct antimony in Costerfield M&I resource.

Evidence · table

“2.1”

Context: 1,993

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

inferredBjörkdal · goldTonnes: 12096000Grade: 1.57Grade Unit: g/tContained Metal: 611Contained Unit: kozView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Ticker
ALK

Resource scope

Estimate type
resource
Resource group id
resource:aba0530edac92a37b973

Resource Data

Category
inferred
Tonnes
12096000
Grade
1.57
Grade Unit
g/t
Contained Metal
611
Contained Unit
koz

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Inferred resource for Björkdal.

Evidence · table

“1.57”

Context: 12,096

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

inferredTomingley · goldTonnes: 4549000Grade: 2.1Grade Unit: g/tContained Metal: 304Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Ticker
ALK

Resource scope

Estimate type
resource
Resource group id
resource:dca70b1b0810efb8bc6e

Resource Data

Category
inferred
Tonnes
4549000
Grade
2.1
Grade Unit
g/t
Contained Metal
304
Contained Unit
koz

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Inferred resource for Tomingley.

Evidence · table

“2.1”

Context: 4,549

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

inferredCosterfield · goldTonnes: 969000Grade: 3.6Grade Unit: g/tContained Metal: 111Contained Unit: kozView all details
Link to this fact

Identity

Project
Costerfield
Commodity
gold
Ticker
ALK

Resource scope

Estimate type
resource
Resource group id
resource:c6b383cf2f8995bd22cd

Resource Data

Category
inferred
Tonnes
969000
Grade
3.6
Grade Unit
g/t
Contained Metal
111
Contained Unit
koz

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Inferred resource for Costerfield.

Evidence · table

“3.6”

Context: 969

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

inferredCosterfield · antimonyTonnes: 969000Grade: 1.3Grade Unit: %Contained Metal: 12.9Contained Unit: ktView all details
Link to this fact

Identity

Project
Costerfield
Commodity
antimony
Ticker
ALK

Resource scope

Estimate type
resource
Resource group id
resource:c6b383cf2f8995bd22cd

Resource Data

Category
inferred
Tonnes
969000
Grade
1.3
Grade Unit
%
Contained Metal
12.9
Contained Unit
kt

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Byproduct antimony in Costerfield Inferred resource.

Evidence · table

“1.3”

Context: 969

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Fact 10Björkdal · goldTonnes: 13121000Grade: 1.33Grade Unit: g/tContained Metal: 563Contained Unit: kozView all details
Link to this fact

Identity

Project
Björkdal
Commodity
gold
Ticker
ALK

Resource scope

Estimate type
reserve
Resource group id
resource:923e499e8b16ff9d89d4

Resource Data

Tonnes
13121000
Grade
1.33
Grade Unit
g/t
Contained Metal
563
Contained Unit
koz

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Ore reserve for Björkdal.

Evidence · table

“1.33”

Context: 13,121

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Fact 11Tomingley · goldTonnes: 11407000Grade: 1.7Grade Unit: g/tContained Metal: 641Contained Unit: kozView all details
Link to this fact

Identity

Project
Tomingley
Commodity
gold
Ticker
ALK

Resource scope

Estimate type
reserve
Resource group id
resource:9c7908e33807fe5d036d

Resource Data

Tonnes
11407000
Grade
1.7
Grade Unit
g/t
Contained Metal
641
Contained Unit
koz

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Ore reserve for Tomingley.

Evidence · table

“1.7”

Context: 11,407

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Fact 12Costerfield · goldTonnes: 960000Grade: 5.5Grade Unit: g/tContained Metal: 170Contained Unit: kozView all details
Link to this fact

Identity

Project
Costerfield
Commodity
gold
Ticker
ALK

Resource scope

Estimate type
reserve
Resource group id
resource:eebdf8f4b4201300119a

Resource Data

Tonnes
960000
Grade
5.5
Grade Unit
g/t
Contained Metal
170
Contained Unit
koz

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: High grade ore reserve for Costerfield.

Evidence · table

“5.5”

Context: 960

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Fact 13Costerfield · antimonyTonnes: 960000Grade: 1.6Grade Unit: %Contained Metal: 15Contained Unit: ktView all details
Link to this fact

Identity

Project
Costerfield
Commodity
antimony
Ticker
ALK

Resource scope

Estimate type
reserve
Resource group id
resource:eebdf8f4b4201300119a

Resource Data

Tonnes
960000
Grade
1.6
Grade Unit
%
Contained Metal
15
Contained Unit
kt

Review

Needs Review
No
Historical
No

Dates

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

Reasoning: Byproduct antimony in Costerfield Ore Reserve.

Evidence · table

“1.6”

Context: 960

Tags used in scoring

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

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.