Alkane Resources Ltd · ASX:ALK
Alkane Resources — Shareholder Meeting (November 2025)
27 slides from Alkane Resources's shareholder meeting presentation, November 2025
Slide 1: Alkane 2025 AGM
NOVEMBER 2025 Alkane 2025 AGM Nic Earner: Managing Director & CEO ASX: ALK | TSX:ALK | OTCQX:ALKEF 1
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer 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 and neither ASX: ALK thisOTCQX: TSX: ALK presentation A
Slide 3: Alkane – a Mid-Tier Gold Company
Alkane – a Mid-Tier Gold Company Gold, Antimony, Scale, Balance Sheet & Growth ASX: ALK TSX: ALK OTCQX: ALKEF Capital Structure3 BODA-KAISER Ordinary Shares 1,364.9 million Share Price (25 Nov 2025) A$1.00 Market Capitalisation A$1,366M 12 Month low/high A$0.46/1.23 Cash and Gold Bullion (30 Sep 202
Slide 4: A Strong Base to Grow a Mid-Tier Gold Company: Guidance (Jul25 – Jun26)
A Strong Base to Grow a Mid-Tier Gold Company: Guidance (Jul25 – Jun26)1 ASX: ALK TSX: ALK OTCQX: ALKEF Tomingley Costerfield Björkdal Consolidated September Quarter:2 Gold produced Koz 75 – 80 40 – 45 40 – 44 155 – 170 36,407 AuEq oz Antimony produced Tonnes n/a 800 – 900 n/a 800 – 900 A$3,036/AuEq
Slide 5: Tomingley (Australia)
Tomingley (Australia) HIGH-PERFORMING GOLD MINE POSITIONED FOR GROWTH 55
Slide 6: Tomingley Gold Mine (100%)
Tomingley Gold Mine (100%) Reliable, Long-term Production in NSW ASX: ALK TSX: ALK OTCQX: ALKEF • UG at Roswell, Caloma 1 and 2 Current Mining • Future OP at San Antonio, Roswell • Paste fill at Roswell Saleable Product Gold doré • 1M tpa process plant, run-rate at 1.2M tpa Processing • Permitted to
Slide 7: Tomingley FY26 Exploration Focus
Tomingley FY26 Exploration Focus ASX: ALK TSX: ALK OTCQX: ALKEF Wyoming Three Underground – Extension drilling beneath the open cut and 1 1 2 underground resource. 7 Testing the potential of the northern extension to the andesite that is host to the 2 majority of the Caloma gold resource at Caloma N
Slide 8: Costerfield (Australia)
Costerfield (Australia) ONE OF THE WORLD’S HIGHEST-GRADE GOLD AND ANTIMONY MINES 88
Slide 9: Costerfield Gold-Antimony Mine (100%)
Costerfield Gold-Antimony Mine (100%) High Grade Narrow Vein Mining in Victoria ASX: ALK TSX: ALK OTCQX: ALKEF Current UG at Youle and Shepherd Mining Saleable Gold gravity | Gold and antimony Product concentrate Processing 140,000 tpa 0.150 Moz Au | 11 kt Sb | 0.231 Moz AuEq Reserves1 (0.54Mt @ 8.7
Slide 10: Costerfield FY26 Exploration Focus
Costerfield FY26 Exploration Focus ASX: ALK TSX: ALK OTCQX: ALKEF 1 True Blue – Extending and infilling recently Youle and Shepherd discovered resources approximately 2km Workings east of the current mining area. True Blue Corridor 6 4+km of shallow workings 2 Step-out testing of the 4km True Blue a
Slide 11: Björkdal (Sweden)
Björkdal (Sweden) LONG LIFE UNDERGROUND AND OPEN CUT GOLD MINE 11 11
Slide 12: Björkdal Gold Mine (100%)
Björkdal Gold Mine (100%) Long-term Production in Sweden ASX: ALK TSX: ALK OTCQX: ALKEF Current Underground Mining Saleable Gold concentrate Product Processing 1.4M tpa Reserves1 0.54 Moz Au (13.1Mt @ 1.29 g/t Au) Resources 1.40 Moz Au (20.4Mt @ 2.14 g/t Au) (MI) 1 FY2025 41.4 koz Au Production2 FY2
Slide 13: Björkdal FY26 Exploration Focus
Björkdal FY26 Exploration Focus ASX: ALK TSX: ALK OTCQX: ALKEF 1 Infill and Extension drilling in the northwestern continuation of the Björkdal Deposit within North Zone. Storheden Resource 2 Infill and Extension drilling 3 in the northeastern plunge direction the Björkdal 2 Deposit within Main Zone
Slide 14: Boda-Kaiser (Australia)
Boda-Kaiser (Australia) LARGE SCALE DEVELOPMENT PROJECT 14 14
Slide 15: Boda-Kaiser (100%) A Significant Gold-Copper Project in a Premier Location
Boda-Kaiser (100%) A Significant Gold-Copper Project in a Premier Location ASX: ALK TSX: ALK OTCQX: ALKEF 14.7 Moz AuEq1 in Resources Next steps ~65% in Indicated Category Water, infrastructure, flora and fauna studies are commencing July 2024 Scoping Study2 Key Outcomes - 20 Mtpa Scenario Progressi
Slide 16: Northern Molong Porphyry Project FY26 Exploration Focus
Northern Molong Porphyry Project FY26 Exploration Focus ASX: ALK TSX: ALK OTCQX: ALKEF 1 Boda 4 – Exploring for potential southern extensions to the Boda 2-3 deposit for new Au-Cu porphyry centres. 2 Drill testing the prospective geology between Boda and Kaiser for new high- grade Au-Cu hydrothermal
Slide 17: Boda-Kaiser Potential Timeline
Boda-Kaiser Potential Timeline ASX: ALK TSX: ALK OTCQX: ALKEF 2025 – 2027 • Stakeholder Consultation • Environmental Studies • Property Negotiations • Site Selection • Rail, Power, Road, Water & Windfarm Negotiations 2027 – 2029 • Project Approvals 2029 – 2031 • Bankable Feasibility Study • Financin
Slide 18: Positioning for Growth: Deliverables for FY2026
Positioning for Growth Deliverables for FY2026 ASX: ALK TSX: ALK OTCQX: ALKEF Deliver on production and consolidate costs Expand mineral resources at all three mine sites Tomingley – deliver growth projects, particularly Newell highway realignment Costerfield – progress permitting and development to
Slide 19: Alkane: A Growing Mid-Tier Gold Company
Alkane: A Growing a Mid-Tier Gold Company ASX: ALK TSX: ALK OTCQX: ALKEF Established producer 160k AuEq1 oz in FY2025 160 – 175k AuEq2 oz guidance FY2026 Strong cash generation Antimony exposure Growth and mine life extension investment underway Progressing Boda-Kaiser to approval 1. Refer to ALK An
Slide 20: Thank You
Thank You Alkane Contact Information: ASX: ALK Natalie Chapman Corporate Communications Manager TSX: ALK +61 418 642 556 natalie.chapman@alkres.com OTCQX: ALKEF @alkane-resources-ltd @alkaneresources alkres.com 20 20
Slide 21: Appendix
Appendix RESERVES AND RESOURCES STATEMENTS 21 21
Slide 22: Antimony: Global Critical Mineral in Short Supply
Antimony: Global Critical Mineral in Short Supply ASX: ALK TSX: ALK OTCQX: ALKEF Flame Retardants Renewable Power Crucial in flame-retardant formulations, enhancing the fire resistance in fabrics, Solar panels, nuclear power plant shields, plastics, paint and other materials. wind turbines, energy t
Slide 23: Tomingley Reserves and Resources Statement
Tomingley Reserves and Resources Statement1 ASX: ALK TSX: ALK OTCQX: ALKEF 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 24: Tomingley Reserves and Resources Statement
Tomingley Reserves and Resources Statement1 ASX: ALK TSX: ALK OTCQX: ALKEF 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 25: Costerfield Reserves and Resources Statement
Costerfield Reserves and Resources Statement1 ASX: ALK TSX: ALK OTCQX: ALKEF Resources Tonnes 1. The Mineral Resource is estimated as at 31 Dec 2024 with depletion through to 30 June 2025. Category Au (g/t) Sb (%) Au (koz) Sb (kt) 2. The Mineral Resource is stated according to JORC (2012) and is who
Slide 26: Björkdal Reserves and Resources Statement
Björkdal Reserves and Resources Statement1 ASX: ALK TSX: ALK OTCQX: ALKEF 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 27: Boda-Kaiser Reserves and Resources Statement
Boda-Kaiser Reserves and Resources Statement1 ASX: ALK TSX: ALK OTCQX: ALKEF 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
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