Core Viewpoint - Alkane Resources Limited has updated its mineral resource and ore reserve estimates for its assets in Australia and Sweden, preparing estimates that comply with the JORC Code [1][2]. Mineral Resources Summary - The total mineral resources as of June 30, 2025, amount to 850,009 kt, with a gold content of 12,143 koz, copper content of 1.46 Mt, and antimony content of 39.4 kt [3][9]. - Specific locations include: - Tomingley: 20,254 kt at 2.25 g/t gold, totaling 1,465 koz gold [3][9]. - Boda Kaiser: 796,000 kt at 0.33 g/t gold and 0.18% copper, totaling 8,280 koz gold [3][9]. - Costerfield: 1,700 kt at 7.9 g/t gold and 2.3% antimony, totaling 431 koz gold and 39.4 kt antimony [3][9]. - Björkdal: 32,055 kt at 1.91 g/t gold, totaling 1,967 koz gold [3][9]. Ore Reserves Summary - The total ore reserves amount to 23,947 kt, with a gold content of 1,313 koz and antimony content of 10.7 kt [4][9]. - Specific locations include: - Tomingley: 10,362 kt at 1.9 g/t gold, totaling 620 koz gold [4][9]. - Costerfield: 537 kt at 8.7 g/t gold and 2.0% antimony, totaling 150 koz gold and 10.7 kt antimony [4][9]. - Björkdal: 13,048 kt at 1.3 g/t gold, totaling 543 koz gold [4][9]. Management Commentary - The CEO of Alkane, Nic Earner, emphasized the strength of the company's consolidated resources and reserves, highlighting the operational status of three mines and the significant Boda-Kaiser project, which offers immediate production and long-term growth opportunities [4][5]. - The company plans to make substantial investments in the remainder of the fiscal year to continue expanding its resource base, particularly in Costerfield [4][5]. Company Overview - Alkane Resources Limited is an Australian gold and antimony producer with three operational mines in Australia and Sweden, maintaining a strong balance sheet and good prospects for continued growth [5][6]. - The company also owns the large gold-copper porphyry project, Boda-Kaiser, and is actively exploring the surrounding Northern Molong Porphyry project [8].
Alkane Resources – koncernens resurs- och reservrapporter för räkenskapsåret 2025
Globenewswire·2025-10-16 19:35