Alkane Resources (ALK) Investor presentation summary

Strategic overview and financial highlights

• Operates three producing mines: Tomingley (NSW), Costerfield (Victoria), and Björkdal (Sweden), with a large-scale development project at Boda-Kaiser (NSW).

• FY26 group production: Tomingley 83koz Au, Costerfield 45koz AuEq, Björkdal 41koz Au.

• Market capitalisation as of September 2026: A$2.6 billion, with total liquidity of A$549 million.

• FY27 consolidated production guidance: 163–177koz AuEq at A$2,900–3,200/oz AISC.

• Growth capital and exploration budget for FY27: A$215–255 million.

Asset performance and resource growth

• Tomingley: 1.47Moz M&I resources, 0.64Moz P&P reserves; FY26 production 83koz Au; ongoing expansion and exploration.

• Costerfield: 0.39Moz Au, 42kt Sb M&I resources; 0.17Moz Au, 15kt Sb P&P reserves; FY26 production 44.5koz AuEq.

• Björkdal: 1.5Moz M&I resources; 0.56Moz P&P reserves; FY26 production 40.8koz Au; resource expansion at Storheden.

• Group ore reserves increased to 1.37Moz Au + 15kt Sb, with 6-year mine life at Costerfield.

• Largest resource growth at Björkdal, notably from Storheden; Boda/Kaiser resource unchanged.

Development projects and exploration

• Boda-Kaiser: 14.7Moz AuEq resource (65% indicated); scoping study supports 20Mtpa throughput, 17+ year mine life, A$4.3B 10-year pre-tax cash flow.

• Boda-Kaiser project timeline includes feasibility, approvals, and construction through 2033.

• NSW tenement portfolio includes multiple high-priority gold and base metal targets, with ongoing drilling and geophysical surveys.

• Costerfield and Tomingley both advancing near-mine and regional exploration, targeting resource extensions and new discoveries.

• Costerfield testing step-out and infill targets, with new resources at Kendall and Brunswick South.