Group Resources and Reserves Statements FY25
| Stock | Alkane Resources Ltd (ALK.ASX) |
|---|---|
| Release Time | 15 Oct 2025, 5:48 p.m. |
| Price Sensitive | Yes |
Alkane Resources Ltd Reports FY25 Group Resources and Reserves
- Consolidated mineral resources and ore reserves for Tomingley, Boda-Kaiser, Costerfield, and Björkdal operations
- Substantial capital expenditure planned to continue growing the resource base, particularly at Costerfield
- Alkane positioned for further growth with three operating mines and the Boda-Kaiser development project
Alkane Resources Ltd (ASX: ALK, TSX: ALK, OTC: ALKEF) has reported its updated Mineral Resources and Ore Reserves estimates for its assets in Australia and Sweden as of 30 June 2025. The company has prepared JORC Code-compliant estimates for its Costerfield and Björkdal operations, in addition to the previously reported Tomingley and Boda-Kaiser projects.The consolidated mineral resources total 850,009 kt, containing 12,143 koz of gold, 1.46 Mt of copper, and 39.4 kt of antimony. The group ore reserves amount to 23,947 kt, with 1,313 koz of contained gold and 10.7 kt of contained antimony.Alkane's Managing Director, Nic Earner, stated that the consolidated resource and reserves demonstrate the strength of the company's business, with three operating mines and the major Boda-Kaiser development project providing immediate production and long-term growth potential. Alkane has substantial capital expenditure planned for the remainder of the financial year to continue expanding its resource base, particularly at the Costerfield operation.The announcement includes detailed JORC-compliant Mineral Resources and Ore Reserves statements for each of Alkane's assets, as well as competent persons' statements and cautionary notes regarding forward-looking information.
Alkane expects to continue its substantial capital expenditure program through the remainder of the 2025 financial year to further grow its mineral resource base, particularly at the Costerfield operation.
Alkane is positioned for further growth with its diversified portfolio of three operating mines and the major Boda-Kaiser development project, providing both immediate production and long-term growth potential.