Ngambie drilling map

Alkane commences drilling at the Nagambie Mine

Alkane has commenced diamond drilling of the Antimony-Gold Project discovery at the Nagambie Mine.

As announced on 9 April 2026, Nagambie and Alkane have entered into an earn-in and potential joint venture over Nagambie’s Mining Licence MIN 5412 and Exploration Licence EL 5511 (ANJV).

The full ANJV structure is set out in the announcements on 30 January 2026 and 9 April 2026.

The Chair of Nagambie, Kevin Perrin, commented: “Alkane’s extensive diamond drilling program is targeting a significant increase to Nagambie’s JORC Inferred Resource for the deposit of 539,000 tonnes averaging 3.9% antimony (Sb) plus 3.3 g/t gold (Au) for in-ground metal content of 20,800 tonnes of antimony plus 58,000 ounces of gold.”