# Group Resources &amp; Reserves Statement FY26

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/group-resources-reserves-statement-fy26--2e014000-4c87-4462-86b0-cde5590acb55

Original source: https://www.globenewswire.com/news-release/2026/09/11/3360066/0/en/group-resources-reserves-statement-fy26.html

Publisher: globenewswire

Original announcement: 2026-09-11T00:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Alkane Resources Limited

- Ticker: ALK

- Exchange: Unavailable

- Region: Australia

- Primary commodity: Gold

- Secondary commodities: Copper, Antimony

- Document categories: Resource update

- Extracted: 2026-09-11 02:33:34 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Alkane Resources Limited has released its FY26 Group Resources &amp; Reserves Statement, reporting growth in mineral resources and ore reserves across its Björkdal, Tomingley, and Costerfield assets. The update confirms continued resource replacement through exploration and extension, maintaining a strong producing portfolio in Australia and Sweden.

Reasoning: The company reports group-wide resource and reserve growth across multiple producing assets, reinforcing the portfolio value.

- Positive factor: continued growth in resources at each producing asset

- Positive factor: all assets replacing depletion through exploration and extension

- Positive factor: JORC and NI 43-101 compliant

- Negative factor: Boda Kaiser resource is not newly re-estimated

Facts used in scoring: 14

## 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, a Competent Person \(MAusIMM CP\(Geo\)\), has approved the statements.

Evidence · text

> Those documents have been approved by Mr Chris Davis.

**JORC Compliant**

Polarity: positive

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

Why it applies: The announcement states that estimates comply with the JORC Code 2012.

Evidence · text

> comply with the ASX Listing Rules and the 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 announcement states that technical reports supporting the information are NI 43-101 compliant.

Evidence · text

> has prepared following NI 43-101 compliant technical reports

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: the document describes a mill\_cil route \("CIP"\)

## Extracted facts

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

## Resource Estimates (14)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/group-resources-reserves-statement-fy26--2e014000-4c87-4462-86b0-cde5590acb55#fact-resource-facts-0)

Björkdal · gold

#### Identity

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

#### Resource Data

- Category: indicated
- Tonnes: 22474000
- Grade: 2.07
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Solid gold grade for an indicated resource at Björkdal.

Evidence · table

> 2.07

Context: 22,474

#### 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/group-resources-reserves-statement-fy26--2e014000-4c87-4462-86b0-cde5590acb55#fact-resource-facts-1)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia
- Reported Region: Australia
- Ticker: ALK

#### Resource Data

- Category: indicated
- Tonnes: 17302000
- Grade: 2.1
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Consistent gold grade for Tomingley indicated resource.

Evidence · table

> 2.1

Context: 17,302

#### 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/group-resources-reserves-statement-fy26--2e014000-4c87-4462-86b0-cde5590acb55#fact-resource-facts-2)

Costerfield · gold

#### Identity

- Project: Costerfield
- Commodity: gold
- Region: australia
- Reported Region: Australia
- Ticker: ALK

#### Resource Data

- Category: indicated
- Tonnes: 1993000
- Grade: 6
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Strong high-grade gold intercept at Costerfield.

- Positive factor: high grade intercept

Evidence · table

> 6.0

Context: 1,993

#### 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/group-resources-reserves-statement-fy26--2e014000-4c87-4462-86b0-cde5590acb55#fact-resource-facts-3)

Boda Kaiser · gold

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource Data

- Category: indicated
- Tonnes: 537000000
- Grade: 0.32
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

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

Reasoning: Large scale resource, but note it has not been re-estimated in this release.

- Positive factor: massive tonnage

- Negative factor: stale data

Evidence · table

> 0.32

Context: 537,000

#### 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/group-resources-reserves-statement-fy26--2e014000-4c87-4462-86b0-cde5590acb55#fact-resource-facts-4)

Boda Kaiser · copper

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource Data

- Category: indicated
- Tonnes: 537000000
- Grade: 0.19
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

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

Reasoning: Copper grade for Boda Kaiser, noted as not newly re-estimated.

- Negative factor: stale data

Evidence · table

> 0.19

Context: 537,000

#### 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/group-resources-reserves-statement-fy26--2e014000-4c87-4462-86b0-cde5590acb55#fact-resource-facts-5)

Björkdal · gold

#### Identity

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

#### Resource Data

- Category: inferred
- Tonnes: 12096000
- Grade: 1.57
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource at Björkdal.

Evidence · table

> 1.57

Context: 12,096

#### 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/group-resources-reserves-statement-fy26--2e014000-4c87-4462-86b0-cde5590acb55#fact-resource-facts-6)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia
- Reported Region: Australia
- Ticker: ALK

#### Resource Data

- Category: inferred
- Tonnes: 4549000
- Grade: 2.1
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource at Tomingley.

Evidence · table

> 2.1

Context: 4,549

#### 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/group-resources-reserves-statement-fy26--2e014000-4c87-4462-86b0-cde5590acb55#fact-resource-facts-7)

Costerfield · gold

#### Identity

- Project: Costerfield
- Commodity: gold
- Region: australia
- Reported Region: Australia
- Ticker: ALK

#### Resource Data

- Category: inferred
- Tonnes: 969000
- Grade: 3.6
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Inferred resource at Costerfield.

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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/group-resources-reserves-statement-fy26--2e014000-4c87-4462-86b0-cde5590acb55#fact-resource-facts-8)

Boda Kaiser · gold

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource Data

- Category: inferred
- Tonnes: 258000000
- Grade: 0.33
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

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

Reasoning: Inferred resource for Boda Kaiser, not newly re-estimated.

- Negative factor: stale data

Evidence · table

> 0.33

Context: 258,000

#### 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/group-resources-reserves-statement-fy26--2e014000-4c87-4462-86b0-cde5590acb55#fact-resource-facts-9)

Boda Kaiser · copper

Historical result

Needs review: historical\_restatement

#### Identity

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

#### Resource Data

- Category: inferred
- Tonnes: 258000000
- Grade: 0.18
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

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

Reasoning: Copper grade for Boda Kaiser, not newly re-estimated.

- Negative factor: stale data

Evidence · table

> 0.18

Context: 258,000

#### 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### reserve

[Link to this fact](https://atlas-staging.minestarters.com/news/group-resources-reserves-statement-fy26--2e014000-4c87-4462-86b0-cde5590acb55#fact-resource-facts-10)

Björkdal · gold

#### Identity

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

#### Resource Data

- Category: reserve
- Tonnes: 13121000
- Grade: 1.33
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Ore reserve at Björkdal.

Evidence · table

> 1.33

Context: 13,121

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### reserve

[Link to this fact](https://atlas-staging.minestarters.com/news/group-resources-reserves-statement-fy26--2e014000-4c87-4462-86b0-cde5590acb55#fact-resource-facts-11)

Tomingley · gold

#### Identity

- Project: Tomingley
- Commodity: gold
- Region: australia
- Reported Region: Australia
- Ticker: ALK

#### Resource Data

- Category: reserve
- Tonnes: 11407000
- Grade: 1.7
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Ore reserve at Tomingley.

Evidence · table

> 1.7

Context: 11,407

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### reserve

[Link to this fact](https://atlas-staging.minestarters.com/news/group-resources-reserves-statement-fy26--2e014000-4c87-4462-86b0-cde5590acb55#fact-resource-facts-12)

Costerfield · gold

#### Identity

- Project: Costerfield
- Commodity: gold
- Region: australia
- Reported Region: Australia
- Ticker: ALK

#### Resource Data

- Category: reserve
- Tonnes: 960000
- Grade: 5.5
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Strong gold grade for Costerfield ore reserve.

- Positive factor: high grade

Evidence · table

> 5.5

Context: 960

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### reserve

[Link to this fact](https://atlas-staging.minestarters.com/news/group-resources-reserves-statement-fy26--2e014000-4c87-4462-86b0-cde5590acb55#fact-resource-facts-13)

Costerfield · antimony

#### Identity

- Project: Costerfield
- Commodity: antimony
- Region: australia
- Reported Region: Australia
- Ticker: ALK

#### Resource Data

- Category: reserve
- Tonnes: 960000
- Grade: 1.6
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

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

Reasoning: Antimony grade for Costerfield ore reserve.

Evidence · table

> 1.6

Context: 960

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**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

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

## 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.
