December 2025 Quarterly Production Update

Core Viewpoint - Alkane Resources Ltd reported a solid quarterly production of 43,663 ounces of gold equivalent, with a significant increase in cash and bullion holdings to A$246 million at the end of the quarter [2][3]. Production Summary - Quarterly gold production totaled 43,663 AuEq ounces, with contributions from three mines: Tomingley (22,089 Au oz), Costerfield (11,686 AuEq oz), and Björkdal (9,888 Au oz) [1][3]. - Year-to-date production reached 80,070 AuEq ounces, with sales of 42,709 Au oz and 409 tonnes of antimony during the quarter [1][5]. Financial Performance - The company reported a cash and bullion balance of A$246 million, reflecting an increase of A$55 million from the previous quarter, after an FY25 income tax payment of A$11 million [5]. - Alkane received an A$18 million provisional payment from a concentrate shipment in early January, which was delayed due to the Christmas holidays [5]. Guidance and Future Outlook - The FY2026 production guidance remains unchanged at 160,000 to 175,000 AuEq ounces, with an all-in sustaining cost (AISC) projected between A$2,600 and A$2,900 per AuEq ounce [5][13]. - The company is debt-free, except for A$22 million in equipment finance as of December 31, 2025 [5]. Asset Overview - Alkane operates three mines: Tomingley in New South Wales, Costerfield in Victoria, and Björkdal in Sweden, with ongoing exploration to enhance resources at these sites [6]. - The company also owns the Boda-Kaiser Project, a significant gold-copper porphyry project, and is exploring the Northern Molong Porphyry Project [7].