Quarterly Manufacturing of 45,776 oz AuEq1
Closing money and bullion $362 million – $130 million improve from December
Quarterly gold manufacturing of 45,776 AuEq1 oz, comprised of: MineGroup Q3(1 Jan – 31 Mar 2026)Group YTD2(1 Jul – 31 March 2026) ProductionTomingley21,652 Au oz62,076 Au ozCosterfield10,584 Au oz377 Sb t11,691 AuEq oz29,986 Au oz842 Sb t32,869 AuEq ozBjörkdal12,433 Au oz30,901 Au ozConsolidated44,669 Au oz377 Sb t45,776 AuEq oz122,963 Au oz842 Sb t125,846 AuEq oz SalesConsolidated42,550 Au oz280 Sb t43,373 AuEq oz119,596 Au oz829 Sb t122,416 AuEq oz Money, bullion and listed funding stability of $374 million. Enhance of $128 million from the earlier quarter.Alkane has money & bullion of $362 million, and professional forma liquidity of $472 million when together with an undrawn $110 million revolving credit score facility (topic to satisfaction of circumstances precedent, anticipated June 2026).The corporate is debt free apart from tools finance of $20 million at 31 March 2026. Gross sales of 42,550 ounces of gold and 280 tonnes of antimony. FY2026 Group Steerage of 160,000 to 175,000 AuEq1 oz manufacturing at an AISC of A$2,600 – $2,900 per AuEq oz stays unchanged.3Operations haven’t been interrupted by diesel provide. Alkane has contracts in place with diesel suppliers for normal gasoline deliveries, our suppliers haven’t indicated any disruptions. Diesel represents a small portion of whole prices, as we now have three underground mines and energy is supplied from grid suppliers in Australia and Sweden.
PERTH, Australia, April 08, 2026 (GLOBE NEWSWIRE) — Alkane Assets Ltd (‘Alkane’) (ASX:ALK, TSX:ALK, OTC:ALKRY) has produced 45,776 ounces of gold equivalent1 over the interval from 1 January 2026 to 31 March 2026. Money ($328m), bullion ($34m) and listed investments ($12m) totaled A$374 million on the finish of the quarter. Throughout the quarter hedging of 8,700 ounces of gold was crammed and tax instalments of $15 million have been made. Additional particulars will likely be obtainable within the full March 2026 Quarterly Report later this month.
Alkane Managing Director & CEO, Nic Earner, mentioned:
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“Alkane has had an excellent quarter’s production from our three operating mines which together produced 44,669 ounces of gold and 377 tonnes of antimony (45,776 ounces of gold equivalent) over the quarter. We have a very strong balance sheet with A$374 million in cash, bullion and listed investments at quarter end and total liquidity of $472 million including undrawn revolving credit facility.”
This doc has been authorised for launch to the market by Nic Earner, Managing Director & CEO.
ABOUT ALKANE ‐ alkres.com ‐ ASX:ALK | TSX: ALK | OTCQX: ALKRY
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Alkane Assets (ASX:ALK; TSX:ALK; OTCQX:ALKRY) is an Australia-based gold and antimony producer with a portfolio of three working mines throughout Australia and Sweden. The Firm has a powerful stability sheet and is positioned for additional progress.
Alkane’s wholly owned producing property are the Tomingley open pit and underground gold mine southwest of Dubbo in Central West New South Wales, the Costerfield gold and antimony underground mining operation northeast of Heathcote in Central Victoria, and the Björkdal underground gold mine northwest of Skellefteå in Sweden (roughly 750km north of Stockholm). Ongoing near-mine regional exploration continues to develop assets in any respect three operations.
Alkane additionally owns the very giant gold-copper porphyry Boda-Kaiser Challenge in Central West New South Wales and has outlined an financial growth pathway in a Scoping Research. The Firm has ongoing exploration throughout the surrounding Northern Molong Porphyry Challenge and is assured of additional enhancing japanese Australia’s popularity as a major gold, copper and antimony manufacturing area.
Interactive Analyst Centre™ Complete monetary, operational, useful resource and reserve info for Alkane Assets is obtainable via the Interactive Analyst Centre™ positioned within the Buyers part of our web site at alkres.com.
Cautionary Be aware Relating to Ahead-Trying Data and StatementsThis announcement accommodates sure forward-looking info and forward-looking statements throughout the which means of relevant securities laws and will embody future-oriented monetary info or monetary outlook info (collectively “Forward-Looking Information”). Precise outcomes and outcomes might differ materially from the quantities set out in any Ahead-Trying Data. As nicely, Ahead-Trying Data might relate to: future outlook and anticipated occasions; expectations relating to exploration potential; manufacturing capabilities and future monetary or working efficiency, together with AISC, funding returns, margins and share worth efficiency; manufacturing and price steering and the timing thereof; issuing up to date assets and reserves estimate and the timing thereof; the potential of the Firm to fulfill trade targets, public profile and expectations; and future plans, projections, aims, estimates and forecasts and the timing associated thereto. Ahead-Trying Data is usually recognized by means of phrases like “will”, “create”, “enhance”, “improve”, “potential”, “expect”, “upside”, “growth” and related expressions and phrases or statements that sure actions, occasions or outcomes “may”, “could”, or “should”, or the damaging connotation of such phrases, are supposed to establish Ahead-Trying Data. Though Alkane believes that the expectations mirrored within the Ahead-Trying Data are cheap, undue reliance shouldn’t be positioned on Ahead-Trying Data since no assurance could be supplied that such expectations will show to be right. Ahead-Trying Data relies on info obtainable on the time these statements are made and/or good religion perception of the officers and administrators of Alkane as of that point with respect to future occasions and are topic to dangers and uncertainties that would trigger precise outcomes to vary materially from these expressed in or instructed by the Ahead-Trying Data. Ahead-Trying Data entails quite a few dangers and uncertainties. Such components embody, with out limitation: dangers referring to modifications within the gold and antimony worth. Ahead-Trying Data is designed to assist readers perceive Alkane’s views as of that point with respect to future occasions and communicate solely as of the date they’re made. Besides as required by relevant legislation, Alkane assumes no obligation to replace or to publicly announce the outcomes of any change to any forward-looking assertion contained or included by reference herein to replicate precise outcomes, future occasions or developments, modifications in assumptions or modifications in different components affecting the Ahead-looking Data. If Alkane updates any a number of forward-looking statements, no inference ought to be drawn that the corporate will make further updates with respect to these or different Ahead-looking Data. All Ahead-Trying Data contained on this announcement is expressly certified in its entirety by this cautionary assertion.
Disclaimer Alkane has ready this announcement primarily based on info obtainable to it. No illustration or guarantee, specific or implied, is made as to the equity, accuracy, completeness or correctness of the data, opinions or conclusions contained on this announcement. To the utmost extent permitted by legislation, none of Alkane, its administrators, officers, workers, associates, advisers and brokers, nor some other individual accepts any legal responsibility, together with, with out limitation, any legal responsibility arising from fault or negligence on the a part of any of them or some other individual, for any loss arising from the usage of this announcement or its contents or in any other case arising in reference to it. This announcement will not be a proposal, invitation, solicitation, or different advice with respect to the subscription for, buy or sale of any safety, and neither this announcement nor something in it shall type the idea of any contract or dedication in any respect.
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CONTACT: NIC EARNER, MANAGING DIRECTOR & CEO, ALKANE RESOURCES LTD, TEL +61 8 9227 5677INVESTORS & MEDIA: NATALIE CHAPMAN, CORPORATE COMMUNICATIONS MANAGER, TEL +61 418 642 556
1 Gold equal ounces calculated by multiplying portions of gold and antimony in interval by respective common market worth of commodities in interval, including the 2 quantities to get “total contained value based on market price,” and dividing whole contained worth by common market worth of gold in interval. I.e., AuEq = ((Au Produced x Au $/oz) + (Sb Produced pre-payability x 70% payability x Sb $/t)) / (Au $/oz). Common market costs for gold and antimony sourced respectively from LMBA each day PM worth (www.lmba.org.uk) and Shanghai Steel Market Value (www.steel.com). Common market costs for March quarter have been A$7,015/oz Au and A$29,449/t Sb, common market costs for December quarter have been A$6,299/oz Au and A$30,245/t Sb and for September quarter A$5,283/oz Au and A$33,508/t Sb utilizing an AUD: USD alternate price of 0.6946, 0.6565 and 0.6544 respectively.2 Group YTD Manufacturing calculated on foundation of 100% contribution from Tomingley, Costerfield and Björkdal for related interval. Because the merger with Mandalay Assets accomplished on 5 August 2025, Alkane’s FY2026 statutory reported manufacturing will replicate manufacturing from Costerfield and Björkdal solely from that date. See ALK announcement dated 9 Sep 2025 and titled ‘Alkane Announces Financial Year 2026 Guidance’.3 See ALK Announcement dated 9 Sep 2025 and titled ‘Alkane Announces Financial Year 2026 Guidance’ for calculation of Au Eq ounces and definition of Group Steerage. Manufacturing steering on a statutory reported foundation (‘Attributable Guidance’) is 155,000 – 168,000 AuEq ounces for FY2026. Be aware AISC is a non-IFRS measure and doesn’t have a standardised which means underneath IFRS and may not be akin to related monetary measures disclosed by different corporations. Check with “Non-IFRS Performance Measures” on the finish of this announcement.
