Latest Alkane Resources News

Alkane Resources has reported strong high-grade gold intercepts and the deepest mineralisation to date at its Björkdal Gold Mine in Sweden, underpinning potential resource growth and mine-life extension.

Adavale Resources has consolidated its Parkes Project footprint with the grant of EL9918 and transfer of EL9178, revealing high-grade gold-copper-silver surface samples that extend mineralisation at the Ashes Prospect. This tenure consolidation unlocks multiple walk-up drill targets across a major gold-copper corridor in NSW's Lachlan Fold Belt.

Kuniko Limited is set to commence an expanded Phase 2 drilling campaign at its Commonwealth Gold-Silver Project in NSW, aiming to build on high-grade discoveries from Phase 1 and explore new targets along a 4km corridor.

Alkane Resources delivered 42,491 ounces gold equivalent in the June quarter, pushing full-year production to 168,337 ounces and bolstering cash and investments to $454 million.

Kuniko Limited has wrapped its Phase 1 diamond drilling at the Commonwealth-Silica Hill project in NSW, revealing robust gold, silver, and base metal grades. The company is gearing up for a more expansive Phase 2 drilling campaign starting in July to test extensions and new targets within this prolific polymetallic system.

Adavale Resources (ASX:ADD) is intensifying its drilling campaign at the London Victoria gold mine, delivering promising high-grade results and expanding its footprint with new tenure acquisitions. The company targets a mid-year resource update amid ongoing assay releases and greenfield exploration.

Sultan Resources pushes forward with exploration at key Lachlan Fold Belt porphyry targets while securing US OTC Market listing and maintaining a solid cash position.

Talisman Mining’s first air-core drilling at East Peak Hill in NSW uncovers promising gold and copper-cobalt-zinc mineralisation, setting the stage for a follow-up program in May to test vein-style gold and porphyry copper-gold targets.

Alkane Resources delivered a record 45,776 gold equivalent ounces in Q3 FY26, generating $189 million in operating cash flow and boosting its cash, bullion, and investments to $374 million. The company maintained its full-year guidance and secured a place in the S&P/ASX 200 index, enhancing its market profile.

Talisman Mining has confirmed significant near-surface gold mineralisation at its Walkers Hill and East Peak Hill projects in NSW through recent aircore drilling, alongside receiving $0.79 million in iron ore royalties and maintaining a solid cash position.

Southern Cross Gold Consolidated Ltd. has transitioned its Sunday Creek project into execution, commencing surface works and targeting a maiden inferred resource in early 2027, supported by a robust $123.2 million cash position.

Nagambie Resources has completed all conditions precedent following strong shareholder approval for an earn-in joint venture with Alkane Resources, enabling Alkane to acquire up to an 80% interest through staged funding over five years.