September 2025 Quarterly Production Update

Core Insights - Alkane Resources Ltd produced 36,407 ounces of gold equivalent during the quarter from July 1 to September 30, 2025, with a notable contribution from its three operating mines [3][4][12] - The company reported a cash, bullion, and listed investment balance of A$191 million after repaying A$45 million in debt and incurring one-off transaction costs of A$25 million from the merger with Mandalay Resources [3][4] - The production guidance for FY2026 remains unchanged at 160,000 to 175,000 ounces of gold equivalent, with an all-in sustaining cost (AISC) projected between A$2,600 and A$2,900 per ounce [2][3] Production Details - The quarterly production breakdown includes: - Tomingley: 18,335 Au oz - Costerfield: 8,612 Au oz (5,643 Au oz statutory) - Björkdal: 8,580 Au oz (5,987 Au oz statutory) - Total consolidated production: 35,527 Au oz [1][4] - The total production of antimony was 198 tonnes, contributing to the overall gold equivalent production [1][4] Financial Overview - The company’s total cash at the end of the quarter was A$160 million, with bullion valued at A$14 million and listed investments at A$17 million [3][4] - The repayment of A$45 million in debt and the one-off transaction costs of A$25 million have strengthened the company's balance sheet [3][4] Operational Context - The production slowdown at Björkdal was attributed to the extended summer vacation period in Sweden [3] - Alkane operates three mines: Tomingley in New South Wales, Costerfield in Victoria, and Björkdal in Sweden, with ongoing exploration efforts to enhance resource growth [6][7]