Slide 1: Q2 FY 2026 Earnings Conference Call
Q2 FY 2026 Earnings Conference Call February 13, 2026 ASX: ALK | TSX:ALK | OTCQX:ALKRY 1
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer ASX: and This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any security in Alkane Resources Limited (Alkane) in any jurisdiction ALKneither TSX: ALK this OTCQX: ALKRY presenta
Slide 3: Our Speakers
Our Speakers Nic Earner Jim Carter MANAGING DIRECTOR CHIEF FINANCIAL AND CEO OFFICER 3
Slide 4: Q2 & H1 FY2026: Highlights
Q2 & H1 FY2026: Highlights ASX: ALK TSX: ALK OTCQX: ALKRY Q2 FY2026 Record H1 FY2026 Record Production Production On track to meet FY 2026 production and cost guidance 43.7 koz AuEq 1 74.2 koz AuEq 1,2 Q2 Record Cash Flows Cash, bullion & Strong financial from Operations investments position to exec
Slide 5: Q2 FY2026: Consolidated Operations
Q2 FY2026: Consolidated Operations RECORD QUARTER OF PRODUCTION ASX: ALK TSX: ALK OTCQX: ALKRY Q2-2026 a Q1-2026 b H1 FY 2026 c Tonnes ore mined (t) 580,994 479,827 1,060,821 Mined ore - Gold grade (g/t) 2.39 2.27 2.33 - Antimony grade (%) 0.93 0.76 0.86 Processed ore (t) 683,235 571,429 1,254,664 P
Slide 6: Q2 FY2026: Tomingley (Australia)
Q2 FY2026: Tomingley (Australia) HIGH-PERFORMING GOLD MINE POSITIONED FOR GROWTH ASX: ALK TSX: ALK OTCQX: ALKRY OPERATIONS Q2-2026 a Q1-2026 b H1 FY 2026 c Processed ore (t) 318,851 314,970 633,821 Processed ore – milled grade gold (g/t) 2.50 2.15 2.33 Recovery gold (%) 89.84 85.78 87.81 Gold produc
Slide 7: Q2 FY2026: Björkdal (Sweden)
Q2 FY2026: Björkdal (Sweden) LONG LIFE UNDERGROUND AND OPEN CUT GOLD MINE ASX: ALK TSX: ALK OTCQX: ALKRY OPERATIONS Q2-2026 a Q1-2026 b H1 FY 2026 c Processed ore (t) 329,652 233,789 563,441 Processed ore – milled grade gold (g/t) 1.04 0.94 1.00 Recovery gold (%) 87.43 85.56 86.68 Gold production (o
Slide 8: Q2 FY2026: Costerfield (Australia)
Q2 FY2026: Costerfield (Australia) ONE OF THE WORLD’S HIGHEST-GRADE GOLD AND ANTIMONY MINES ASX: ALK TSX: ALK OTCQX: ALKRY OPERATIONS Q2-2026 a Q1-2026 b H1 FY 2026 c Processed ore (t) 34,732 22,671 57.403 Processed ore – milled grade - Gold (g/t) 10.44 8.48 9.67 - Antimony (%) 0.91 0.68 0.82 Recove
Slide 9: Exploration: Tomingley (Australia)
Exploration: Tomingley (Australia) FY26 EXPLORATION FOCUS: RESOURCE EXPANSION ASX: ALK TSX: ALK OTCQX: ALKRY 1 Wyoming Three Underground – Extension drilling beneath the open cut and 1 2 underground resource. 7 2 Testing the potential of the northern extension to the andesite that is host to the maj
Slide 10: Exploration: Björkdal (Sweden)
Exploration: Björkdal (Sweden) FY26 EXPLORATION FOCUS: RESOURCE EXPANSION ASX: ALK TSX: ALK OTCQX: ALKRY 1 Infill and Extension drilling in the northwestern continuation of the Björkdal Deposit within North Zone. Infill and Extension drilling in Storheden Resource 2 the northeastern plunge 3 directi
Slide 11: Exploration: Costerfield (Australia)
Exploration: Costerfield (Australia) FY26 EXPLORATION FOCUS: RESOURCE EXPANSION ASX: ALK TSX: ALK OTCQX: ALKRY 1 Extension and infill drilling around the 2025 Youle and Shepherd high grade discovery of Brunswick South. Workings True Blue Corridor 6 2 Extension drilling of the Kendall Resources 4+km
Slide 12: Exploration: Northern Molong Porphyry Project (Australia)
Exploration: Northern Molong Porphyry Project (Australia) ENCOMPASSES BODA-KAISER ASX: ALK TSX: ALK OTCQX: ALKRY Map of the Northern Molong Porphyry Project • Prospective gold corridor with high porphyry potential • MobileMT survey across majority of deposit • 4,500 meters of reconnaissance drilling
Slide 13: Q2 FY2026: Financial Highlights
Q2 FY2026: Financial Highlights1 FINANCIAL STRENGTH TO DELIVER GROWTH ASX: ALK TSX: ALK OTCQX: ALKRY Australian dollar unless otherwise noted Q2-2026 a Q1-2026 b H1 FY 2026 c Revenue (M) $256.7 $147.2 $403.9 Gold price realised - A$/oz $5,785 $4,896 $5,421 - US$/oz1 $3,857 $3,264 $3,614 Antimony pri
Slide 14: Q2 FY2026: Cash Flows
Q2 FY2026: Cash Flows ROBUST CASH FLOW GENERATING OPERATIONS ASX: ALK TSX: ALK OTCQX: ALKRY • Alkane closed the quarter with cash, bullion and liquid investments of A$246 million – comprising A$218 million in cash, A$14 million of bullion and A$14 million of liquid investments. • Alkane’s three mine
Slide 15: FY2026 Guidance
FY2026 Guidance1 ON TRACK TO MEET PRODUCTION AND COST GUIDANCE ASX: ALK TSX: ALK OTCQX: ALKRY Tomingley Costerfield Björkdal Consolidated H1 FY 2026 Actual Gold produced Koz 75 – 80 37 – 41 37 – 40 149 – 161 72.7 Antimony produced Tonnes n/a 750 – 850 n/a 750 – 850 391 Gold Eq produced2 Koz 75 – 80
Slide 16: Find. Enhance. Deliver.
Find. Enhance. Deliver. ASX: ALK TSX: ALK OTCQX: ALKRY FY26 Deliverables • Meet guidance • Expand mineral resources • Tomingley – deliver growth projects (Newell Highway) • Costerfield – progress permitting and development to True Blue • Björkdal – open new mining areas and lift mining rate • Boda-K
Slide 17: Q&A
Q&A ASX: ALK TSX: ALK OTCQX: ALKRY Q&A Nic Earner Jim Carter MANAGING DIRECTOR CHIEF FINANCIAL AND CEO OFFICER 17
Slide 18: Contact information
Contact information Natalie Chapman ASX: ALK Corporate Communications Manager +61 8 9227 5677 TSX: ALK info@alkres.com @alkane-resources-ltd @alkaneresources OTCQX: ALKRY alkres.com 18
Slide 19: Appendix
Appendix RESERVES AND RESOURCES STATEMENTS 19 19
Slide 20: Tomingley Reserves and Resources Statement
Tomingley Reserves and Resources Statement1 ASX: ALK TSX: ALK OTCQX: ALKRY Tomingley Gold Operations – Mineral Resources (at 30 June 2025) Tomingley Gold Operations – Ore Reserves (at 30 June 2025) Measured Indicated Inferred Total Proved Probable Total Deposit Tonnes Grade Tonnes Grade Tonnes Grade
Slide 21: Tomingley Reserves and Resources Statement
Tomingley Reserves and Resources Statement1 ASX: ALK TSX: ALK OTCQX: ALKRY Peak Hill Gold Project – Mineral Resources (at 30 June 2025) Resource Gold Grade Gold Metal Copper Metal Deposit Cut-Off Tonnes (Mt) Category (g/t) (koz) (%) Proprietary U/G Inferred 2g/t Au 1.02 3.29 108 0.15 TOTAL 1.02 3.29
Slide 22: Costerfield Reserves and Resources Statement
Costerfield Reserves and Resources Statement1 ASX: ALK TSX: ALK OTCQX: ALKRY Resources 1. The Mineral Resource is estimated as at 31 Dec 2024 with depletion through to 30 June 2025. Tonnes 2. The Mineral Resource is stated according to JORC (2012) and is wholly inclusive of Ore Reserves. Category Au
Slide 23: Björkdal Reserves and Resources Statement
Björkdal Reserves and Resources Statement1 ASX: ALK TSX: ALK OTCQX: ALKRY Björkdal Gold Mine – Mineral Resources (at 30 June 2025) Björkdal Gold Mine – Ore Reserves (at 30 June 2025) Measured Indicated Inferred Total Proved Probable Total Deposit Tonnes Grade Tonnes Grade Tonnes Grade Tonnes Grade G
Slide 24: Boda-Kaiser Reserves and Resources Statement
Boda-Kaiser Reserves and Resources Statement1 ASX: ALK TSX: ALK OTCQX: ALKRY Indicated Inferred Total Metal Deposit Tonnes Au Cu Tonnes Au Cu Tonnes AuEq1 Au Cu AuEq1 Au Cu (Mt) (g/t) (%) (Mt) (g/t) (%) (Mt) (g/t) (g/t) (%) (Moz) (Moz) (Mt) Open Pittable Resources (cut-off 0.3g/t AuEq) Boda 191 0.36