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Alkane Resources Ltd ( (AU:ALK) ) has issued an update.
Alkane Resources Ltd has announced its first JORC-compliant reporting of Mineral Resources and Ore Reserves for the Costerfield Property as of June 30, 2025. This includes significant resources and reserves, with a demonstrated mine life extending to 2030, bolstered by the recent discovery of the True Blue Deposit. The announcement underscores Alkane’s commitment to maintaining robust governance and internal controls over its resource estimates, potentially enhancing its market position and offering positive implications for stakeholders.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.45 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
More about Alkane Resources Ltd
Alkane Resources Ltd is a mining company based in Perth, Western Australia, primarily focused on the exploration and production of gold and antimony. The company’s operations are centered around the Costerfield Property in Victoria, which includes the Augusta Mine and Brunswick Processing Plant.
Average Trading Volume: 7,740,399
Technical Sentiment Signal: Buy
Current Market Cap: A$1.54B
For detailed information about ALK stock, go to TipRanks’ Stock Analysis page.