Latest Alkane Resources News

Alkane Resources delivered 45,776 ounces of gold equivalent in Q3 2026, boosted cash and bullion holdings to $362 million, and maintained its full-year production guidance amid stable operations.

Adavale Resources Limited has confirmed significant shallow gold mineralisation at its Victoria South Prospect, with historic drilling revealing bonanza grades up to 245.5g/t Au. These results suggest potential for a substantial extension of the existing 115,000-ounce London-Victoria gold resource.

Adavale Resources (ASX:ADD) has reported the identification of several high-quality near-mine gold targets at its London-Victoria Gold Mine within the Parkes Gold-Copper Project, NSW, supported by soil geochemistry and drone magnetics. The company plans to commence drilling shortly to test these targets, including a high-priority anomaly at Victoria South with peak soil gold values up to 600ppb Au.

Alkane Resources has locked in a $110 million revolving credit facility alongside a $40 million contingent instrument facility, enhancing liquidity and banking ties to support its mining operations and growth projects.

Adavale Resources is ramping up its drilling campaign at the London-Victoria Gold Mine, aiming to grow its existing 115,000oz gold resource with a second drill rig and expanded geophysical surveys.

Nagambie Resources has opened a discounted Share Purchase Plan aiming to raise $3.7 million to support diamond drilling at its Whroo Mines project and bolster working capital, following a strategic joint venture announcement with Alkane Resources.

Euroz Hartleys Group Limited reported a robust half-year result for December 2025, with net profit more than doubling to $13.84 million, driven by strong growth in equity capital markets and advisory fees.

Alkane Resources has identified a significant gold-bearing seismic reflector beneath its Roswell deposit at Tomingley, alongside multiple high-grade zones in the Western Monzodiorite domain, signalling promising resource expansion prospects.

Adavale Resources has secured adjacent exploration licences from Alkane Resources, boosting its Parkes Gold-Copper Project footprint and strengthening its position along a key gold corridor in New South Wales.

Impact Minerals has commenced diamond drilling at its Commonwealth Gold-Silver Project in NSW, aiming to expand known resources and explore promising copper targets under a joint venture with Kuniko Limited.

Alkane Resources Limited reported a significant jump in Q2 2026 production and revenue following its acquisition of Mandalay Resources, reaffirming its full-year guidance amid strong operational performance.

Alkane Resources has reported record-breaking financial and operational results for the first half of FY2026, driven by strong gold and antimony production across its expanded three-mine portfolio. The company’s robust cash flow and profit position set a confident tone for meeting full-year guidance.