Alkane Resources Limited (ALK) 2024年年度報告「ASX」.pdf

《Alkane Resources Limited (ALK) 2024年年度報告「ASX」.pdf》由會員分享，可在線閱讀，更多相關《Alkane Resources Limited (ALK) 2024年年度報告「ASX」.pdf（148頁珍藏版）》請在三個皮匠報告上搜索。

1、ANNUAL REPORT2024Corporate DirectoryDisclaimerThis report contains certain forward-looking statements and forecasts,including possible or assumed reserves and resources,production levels and rates,costs,prices,future performance or potential growth of Alkane Resources Ltd,industry growth or other tr

2、end projections.Such statements are not a guarantee of future performance and involve unknown risks and uncertainties,as well as other factors which are beyond the control of Alkane Resources Ltd.Actual results and developments may differ materially from those expressed or implied by these forward-l

3、ooking statements depending on a variety of factors.Nothing in this report should be construed as either an offer to sell or a solicitation of an offer to buy or sell securities.This document has been prepared in accordance with the requirements of Australian securities laws,which may differ from th

4、e requirements of United States and other country securities laws.Unless otherwise indicated,all Ore Reserve and Mineral Resource estimates included or incorporated by reference in this document have been,and will be,prepared in accordance with the JORC classification system of the Australasian Inst

5、itute of Mining and Metallurgy,and Australian Institute of Geosciences.ACN 000 689 216 ABN 35 000 689 216DirectorsI J Gandel Non-Executive Chairman N P Earner Managing Director D I Chalmers Technical Director A D Lethlean Non-Executive Director G M Smith Non-Executive DirectorJoint Company Secretari

6、esD Wilkins J CarterRegistered office and principal place of businessLevel 4 66 Kings Park Road West Perth WA 6005 Telephone:61 8 9227 5677Share registerAutomic Pty Ltd Level 5 126 Phillip Street Sydney NSW 2000AuditorPricewaterhouseCoopers Brookfield Place 125 St Georges Terrace Perth WA 6000Securi

7、ties exchange listingsOrdinary fully paid shares Australian Securities Exchange(Perth)ASX code:ALKOTC International OTC code:ALKEFC.au .auContentsAbout Alkane 4Annual Highlights 6Chairmans Message 8 Business Review 9Tomingley 10Boda-Kaiser 14Exploration 18 Mineral Resources and Ore Reserves 25 Susta

8、inability Report 33Sustainability at Alkane 34Governance 36Our People 40Communities 48Environment 60Financial Report 71 Directors Report 72Auditors Independence Declaration 93Financial Statements 94 Consolidated Financial Statements 96 Notes to the Consolidated Financial Statements 100Consolidated E

9、ntity Disclosure Statement 135Directors Declaration 136Independent Auditors Report 137 Additional Information 143 Shareholder Information 144Corporate Governance Statement 145Schedule of Mining Tenements 146About AlkaneWe are a gold exploration,development and production company with projects and op

10、erations located in Central West New South Wales.Alkane Resources Ltd is the parent entity of the Alkane group.We own and operate Tomingley Gold Operations,an open pit and underground gold mining development southwest of Dubbo.Alkanes Boda-Kaiser Project is founded on a large gold-copper porphyry sy

11、stem near Bodangora,east of Dubbo,with potential for a long-term bulk-tonnage mining and processing operation.We also hold several highly prospective gold and copper tenements in Central West New South Wales.Alkane is headquartered in Perth,Western Australia.Our exploration team is based in Orange,N

12、ew South Wales.The company was incorporated in 1969 and is listed on the Australian Securities Exchange(ASX:ALK).PerthNDubboBodaTomingleyGold OperationsOrangeTomingley undergroundANNUAL REPORT ABOUT ALKANEAlkane Resources Annual Report 202445Alkane Resources Annual Report 2024TomingleyOur ValuesMiss

13、ion StatementIntegrityWe do whats right in our actions and relationships.RespectWe treat people and the environment with care.TransparencyWe are proactive in communicating our intent and outcomes.PerformanceWe plan and execute to deliver strong business results.Alkane strives to discover economic mi

14、neral deposits and release their value through sustainable development or transaction.Our approach is technically conservative,with any financial risks carefully considered.ANNUAL REPORT ABOUT ALKANEGold revenue of$173.0M(FY23:$190.5M)Annual HighlightsProfit after tax of A$17.7M(FY23:$42.5M)Cash,Bul

15、lion and listed investments of$54.5Mat 30 June 2024(FY23:$107.2M)57,592ozgold sold at$3,004 per oz(FY23:70,498oz gold sold at$2,703 per oz)CorporateANNUAL REPORT ANNUAL HIGHLIGHTSAlkane Resources Annual Report 202467Alkane Resources Annual Report 2024CommencedRoswell underground mining developmentOp

16、erating cashflow of$64.8Mat 30 June 2024(FY23:$80.3M)OperationsUpdated Boda-Kaiser resources(Indicated+Inferred)at 8.3Moz Au and 1.5Mt CuUpdated NMPP geological map with major Au-Cu porphyry setting identified after gravity survey75,235m drilledat exploration prospects(323 holes)(FY23:85,423m)Boda-K

17、aiser Project Scoping Study completed(released post year-end 10 July 2024)Exploration and Growth57,217ozgold poured at an AISC ofA$2,137 per oz(FY23:70,253oz gold poured at an AISC of A$1,602 per oz)TomingleyFive Year Plan releasedANNUAL REPORT ANNUAL HIGHLIGHTS8Alkane Resources Annual Report 2024AN

18、NUAL REPORT CHAIRMANS MESSAGEChairmans MessageIm delighted to present the Alkane Resources Annual Report to shareholders for 2024.It has been another productive and pivotal year for Alkane,with Tomingley entering a new era of growth and an initial Scoping Study demonstrating strong potential value a

19、t Boda-Kaiser.We are immensely pleased with the progress on both projects.We have entered a transformational period at Tomingley that will see mining of new resources and gold production ramp up over the next few years.Underground extraction of ore commenced at Roswell in April.In parallel,were part

20、way through a period of major capital works,which include plant upgrades to improve throughput and gold recoveries.I direct your attention to the Tomingley Five Year Plan,released in June,which outlines the projected production and capital costs until the end of FY29.By FY27,when we plan to commence

21、 open cut mining at San Antonio,we hope to be producing more than 100,000 ounces of gold per annum.With open cut reserves extending beyond the current five-year plan and the prospect of growing resources further,the future at Tomingley looks bright.The future of our Boda-Kaiser Project also looks pr

22、omising.We updated the Boda and Kaiser Mineral Resources during the year,introducing an Indicated category for each,and announced the results of a comprehensive metallurgical testwork program.These informed scoping-level mining,engineering,and economic studies that were combined to produce the Boda-

23、Kaiser Scoping Study,released in July.The Scoping Study demonstrates the significant value that could come from development of Boda-Kaiser,particularly leveraging economies of scale.We are continuing baseline environmental studies and refining various aspects of the project with the view to progress

24、ing further into feasibility.In addition,we are starting to engage with larger gold companies to evaluate partnering options for what would be a major project.On the exploration front,after a sustained period focused at Boda-Kaiser and the San Antonio and Roswell resources at Tomingley,we now turn o

25、ur attention to defining new targets.Significant potential exists for the discovery of further deposits across both the Northern Molong Porphyry and Tomingley Gold tenement packages.During FY24,we undertook airborne geophysical surveys over most of our tenements to refine our understanding of the ge

26、ology and help identify new targets.Our achievements this year derive from the considerable efforts and support of a great many people.On behalf of Alkanes Board and management,I acknowledge and thank the employees,contractors,strategic partners and consultants of the company for their strong and co

27、ntinued commitment,and I thank our many shareholders and stakeholders for their ongoing support of Alkane.Ian Gandel Chairman Alkane Resources Ltd9Alkane Resources Annual Report 2024Tomingley undergroundBUSINESSREVIEWTomingleyWe entered a new era at Tomingley during FY24,with the start of undergroun

28、d mining at Roswell and progression of major capital works to extend and futureproof operations.Mining and productionTomingley Gold Operations is an open pit and underground mining development with a 1Mtpa processing facility in operation since 2014.The operation is located near the village of Tomin

29、gley,approximately 50 kilometres southwest of Dubbo in Central West New South Wales.Tomingley Gold Operations Pty Ltd is a wholly owned subsidiary of Alkane.Mining at Tomingley has been based on the Wyoming One,Wyoming Three,Caloma One and Caloma Two gold deposits.Throughout FY24,mining occurred und

30、erground at Wyoming One,Caloma One and Caloma Two.In April 2024,underground mining commenced at the Roswell deposit,approximately 2.7 kilometres south of Tomingley,following the required government approvals.Access to the deposit is via the underground exploration drive completed in May 2023,which h

31、as been repurposed as a production drive.In FY24 Tomingley produced 57,217 ounces of gold at an AISC of A$2,137 per ounce.*AISC,or All In Sustaining Cost,comprises all site operating costs,royalties,mine exploration,sustaining capex and mine development and an allocation of corporate costs,presented

32、 on the basis of ounces sold.Production for the financial year was 57,217 ounces of gold at an AISC*of A$2,137.These fell within the revised production guidance(ASX announcement 11 June 2024).Despite strong production in the final quarter,we were unable to meet the original guidance due to two prima

33、ry factors:unforeseen recovery issues experienced from a discrete mining area in Caloma Two during February;and the Roswell ramp-up was delayed by equipment availability.FY25 guidance for Tomingley is 70,000 to 80,000 ounces of gold production at an AISC of A$2,400 to$2,600 per ounce.The higher cost

34、 reflects the one-off cost of decline development at Roswell that is accounted as sustaining capital and therefore included in the AISC.BUSINESS REVIEW TOMINGLEYAlkane Resources Annual Report 202410TomingleyExtension of operationsThe Tomingley Gold Extension Project permits Alkane to extend gold min

35、ing operations to the San Antonio and Roswell resources immediately south of the existing mine.Approval was granted in February 2023 until end-2032.We have approval to develop an underground mine at Roswell and one large open cut(comprising three stages of pit development within its footprint).The c

36、onsent also permits realignment of the Newell Highway and another local road,a higher processing rate of 1.75Mtpa,paste-filling of underground stopes at Roswell,and further wall-lifts to the second residue storage facility.During FY24,the following activities related to the extension and futureproof

37、ing of operations:Obtained new Mining Lease from 19 July 2023 and approvals of required environmental management plans.Undertook underground infill drilling of the Roswell deposit,leading to an updated Mineral Resource Estimate(see page 27).Completed construction of the second residue storage facili

38、ty(RSF2).Constructed a new access ramp into the Wyoming One open cut to provide long-term safe access to the underground mine.Commenced paste plant construction in late 2023.The paste plant will provide stope fill material to ensure ground stability and full recovery of reserves(no underground pilla

39、rs required).11Alkane Resources Annual Report 2024BUSINESS REVIEW TOMINGLEY Commenced a processing plant upgrade to improve gold recovery,involving construction of a flotation and regrind circuit.Established underground mining and facilities at Roswell.Upgraded the sites incoming high-voltage power

40、system.Commenced construction of the pipeline and surface vehicle corridor linking the Caloma and Roswell deposits.Obtained approval for the Newell Highway realignment design and released tenders for construction.Alkane expects to commission the paste plant and processing plant upgrade by December 2

41、024.During the 2025 calendar year,we plan to construct the Newell Highway and Kyalite Road diversions,prepare open cut infrastructure,and upgrade the processing plant to a nominal throughput of 1.5Mtpa.Tomingley Five Year PlanAlkane recently announced the Tomingley Five Year Plan,which outlines proj

42、ected production and capital costs until the end of FY29(ASX Announcement 24 June 2024).The next five years will see the Roswell underground development continue and the start of open cut operations at San Antonio once a section of the Newell Highway has been relocated.The 1.5Mtpa processing rate is

43、 planned to come online by end-2025.The table below summarises key elements of the five-year plan.The projected high cost of the first financial year(FY25)reflects the inclusion of Roswell decline development in the AISC.Note that the resources at Tomingley extend beyond this five-year plan.Summary

44、of anticipated mine productionFY24FY25FY26FY27-29Production Range(ozAu)55,000-58,00070,000-80,00085,000-95,000100,000-110,000Ore Source:-Underground-Open Cut 100%0%100%0%100%0%60%40%Head Grade(g/t Au)2.02.32.52.4Expected AISC(A$/ozAu)2,150-2,3502,400-2,6001,800-2,0001,900-2,1001,900-2,100Estimated p

45、roduction and AISC1201101009080706050403020Gold Produced(koz)AISC A$/oz3,0002,5002,0001,5001,0005000FY25FY26FY27FY28FY29BUSINESS REVIEW TOMINGLEYAlkane Resources Annual Report 202412FY25-29:455,000-505,000oz Au$1,900-$2,100 AISCMine life to2030+$132Mcapital for growth over next 18 months1.5Moz Auin

46、resource13Alkane Resources Annual Report 2024BUSINESS REVIEW TOMINGLEYTomingleyTomingley snapshotBUSINESS REVIEW BODA-KAISERAlkane Resources Annual Report 202414Boda-KaiserUpdated Mineral Resource Estimates and comprehensive metallurgical studies informed a series of scoping-level mining,engineering

47、,and economic studies.These were combined to produce a Boda-Kaiser Scoping Study in July 2024.Project overviewThe Boda-Kaiser Project is founded on a large gold-copper porphyry system near the village of Bodangora,15 kilometres northeast of Wellington in Central West New South Wales.Alkane discovere

48、d porphyry mineralisation with significant economic potential at Boda in late 2019.An extensive drilling campaign has since defined the Boda and Kaiser resources,which lie in a mineralised corridor some 3.5 kilometres in length.We believe the Boda and Kaiser deposits have the potential to support a

49、long-term bulk-tonnage mining and processing operation.The Boda-Kaiser Project is part of Alkanes Northern Molong Porphyry Project(NMPP),which comprises several Exploration Licenses(ELs)in the broader area.Alkane currently owns two properties within the NMPP,including the land on which the Boda and

50、Kaiser deposits are located.Updated Mineral ResourcesAlkane announced updated Mineral Resource Estimates(MRE)for Boda and Kaiser during the reporting period(ASX Announcements 14 December 2023 and 29 April 2024 respectively),introducing an Indicated category for both resources.The updated Boda MRE no

51、w includes the previously unclassified mineralisation at Boda 2-3.The Boda and Kaiser resources have an estimated total combined metal inventory of 8.3 million ounces of gold and 1.5 million tonnes of copper(14.7 million ounces of gold equivalent(AuEq)*).This represents an increased metal endowment

52、of approximately 15%for the project.Boda is a large,low-grade resource with a surface projection approximately 1,750 metres long and 500 metres wide.It is classified to a depth of approximately 1,000 metres below surface.The nearby Kaiser resource has a surface projection of approximately 1,100 metr

53、es long and 700 metres wide.It is classified to a depth of approximately 630 metres below surface.Both resources are open at depth and along strike.Refer to page 18 for information about Alkanes exploration program and page 31 for the complete Mineral Resource Estimation tables.*The gold equivalent

54、calculation formula is AuEq(g/t)=Au(g/t)+Cu%/100 x 31.1035 x copper price($/t)/gold price($/oz).The prices used were 12-month averages of US$1,950/oz gold and US$8,600/t copper,and A$:US$0.67.Estimated recoveries are 87%Cu and 81%Au for Boda and 81%Cu and 71%Au for Kaiser from metallurgical studies

55、of the Boda and Kaiser ore.Alkane considers the elements included in the metal equivalents calculation have a reasonable potential to be recovered and sold.The Boda-Kaiser resources have a combined metal inventory of approximately 8.3Moz Au and 1.5Mt Cu.15Alkane Resources Annual Report 2024BUSINESS

56、REVIEW BODA-KAISERA Al lk ka an ne eR Re es so ou ur rc ce es s L Lt td dKKA AI IS SE ER RB BOOD DA AB BOOD DA A 2 2-3 3InferredIndicated25x25x10m blocksJuly 2024Boda-Kaiser 3D block model of indicated and inferred resources with pit shellsBUSINESS REVIEW BODA-KAISERAlkane Resources Annual Report 20

57、2416Metallurgical studiesAlkane announced the results of a comprehensive metallurgical testwork program on the Boda and Kaiser ores in November 2023(ASX Announcement 14 November 2023).With the goal of identifying the optimal processing method,the program tested 21 representative samples of the Boda

58、and Kaiser ores and established a viable process flowsheet.This comprised conventional crushing,grinding and flotation circuits to produce a saleable concentrate and leaching of the cleaner tail to produce gold dor.The overall recovery of gold and copper to saleable products exceeded our initial exp

59、ectations:Boda is estimated at 87.4%of copper and 80.9%of gold.Kaiser is estimated at 79.6%of copper and 70.7%of gold.Although further testwork will be required,the campaign supplied a considerable amount of data for the process design component of the Boda-Kaiser Scoping Study.Environmental studies

60、During FY24,Alkane commenced baseline environmental studies in the vicinity of the Boda and Kaiser deposits.We will need to collect a wide range of baseline data over at least two years to prepare an Environmental Impact Statement(EIS),required for project approval in the future.The studies will enc

61、ompass meteorological conditions,flora and fauna,surface and groundwater,soils and land use capability,visual amenity,transport,noise,air quality,and Aboriginal and European heritage.Boda-KaiserCopper-gold concentrate from Boda-Kaiser17Alkane Resources Annual Report 2024BUSINESS REVIEW BODA-KAISERBo

62、da-Kaiser Scoping StudyPost year-end,Alkane released a Scoping Study of the Boda-Kaiser Project(ASX Announcement 10 July 2024).The goal was to help us understand the potential project economics and economies of scale from different-sized operations and identify a potential pathway to development.The

63、 Scoping Study evaluated three possible development scenarios(mining and processing 5,10 and 20 million tonnes of ore per annum)over a 30-year timeframe.It showed that the largest development scenario(20Mtpa)is the highest value due to the potential economies of scale.20MtpaThroughput(2 x 10 Mtpa)17

64、+yearsLife of MineA$1.8BCapex(pre-production)35,611tpaCopper(first 5 years)159,334oz paGold(first 5 years)A$630.4/ozAISC(with copper by-product credit)A$4.3B10-Year Free Cashflow(pre-tax)A$1.8BNet Present Value(7%)24%Internal Rate of ReturnGiven its positive economics,the 10Mtpa development could fo

65、rm part of a staged build for a larger project,or as a standalone project in a rising gold and copper price environment.It is unlikely that a 5Mtpa development would meet Alkanes investment return hurdles at current gold and copper prices.Alkane intends to explore further reduction of mining costs a

66、nd assess potential for bulk-tonnage underground mining,while continuing process optimisation,regional exploration and baseline environmental studies.We will also evaluate potential funding pathways and partners,the outcome of which will contribute to the selection of which development option to pro

67、gress further into feasibility.Summary of Scoping Study metrics for the 20Mtpa scenarioBUSINESS REVIEW EXPLORATIONAlkane Resources Annual Report 202418Field explorationExplorationAlkane holds several gold and copper tenements in Central West New South Wales.Our FY24 exploration efforts focused on th

68、e Northern Molong Porphyry Project(Boda and Kaiser)and the Tomingley Gold Project.Northern Molong Porphyry Project(gold-copper)Alkane Resources Ltd 100%The Northern Molong Porphyry Project(NMPP)is located in Central West New South Wales,centred about 20 kilometres north of Wellington and 35 kilometr

69、es east of Dubbo.It covers an area of 180 square kilometres at the northern end of the Molong Volcanic Belt of the Macquarie Arc,which is considered highly prospective for large-scale porphyry and epithermal gold-copper deposits.Alkanes exploration activity has identified at least seven discrete mag

70、netic/intrusive complexes within a northwest trending transverse corridor.These are the Kaiser(KIC),Boda(BIC),Boda South(BSIC),Driell Creek(DIC),Murga(MIC),Windora(WIC),and the Tompkins(TIC)intrusive complexes,which are all located just outside the major Comobella Intrusive Complex(CIC)(see map on p

71、age 19).The corridor is defined by intermediate intrusives,lavas and breccias,extensive alteration and widespread,low-grade,gold-copper mineralisation.Alkane owns five exploration licences within this prospective corridor and has defined two significant gold-copper resources at Boda and Kaiser(see p

72、age 14).Exploration programExploration within the NMPP during FY24 focused initially on infill drilling at Boda(including Boda 2-3)and Kaiser to enable upgraded Mineral Resource Estimates to be determined.We also undertook exploration to grow our understanding of the regional geological setting of t

73、he district to aid the discovery of new gold-copper porphyry deposits.To assist with this,an airborne gravity survey was flown over the entire NMPP in late 2023.Subsequent 3D inversion modelling and interpretation of the data refined our understanding of the geology,which is reflected in our updated

74、 geological map of the area(page 19).In early 2024,Alkane completed small drilling programs at the Boda 2-3,Konigin,Driell Creek and Murga prospects.In total,the drilling comprised 14 reverse-circulation(RC)drill holes for a total of 4,408 metres and four diamond core for a total of 4,062 metres.19A

75、lkane Resources Annual Report 2024BUSINESS REVIEW EXPLORATIONNindethanaFaultFaultWindoraFinnsFaultWongajongFaultMoonlightFaultKaiserFaultFaultComobellaFaultSolarFaultMoonlightFaultStoneyCICDCICBICBSICKICTICMICWICCICCICMacquarieThrust3220S14900E6420000mN680000mEE L 8 2 6 1E L 4 0 2 2E L 8 3 3 8E L 8

76、3 3 8E L 8 8 8 7E L 6 2 0 9E L 4 0 2 2Bodangora10kmWellingtonSaxaRoadGoolmaComobellaRoadRdForestvaleRoad(GreatArtesianBasin)BasinGunnedahHaddingtonGlenHollowDriellCreekKaiserBodaBoda23HillcroftGollanTompkinsGollanSouthGollanNorthComobellaNorthMurgaWindoraBallimoreKoniginBoda4June2024Carboniferousgra

77、nitevolcanicsDevonianSiluriansedimentsandGravitylow(possibleintrusion)intrusivecomplex)Magneticcomplex(posssibleUconformityIntrusivecomplexes(withname)OrdovicianvolcanicsandsedimentsFaultsThrust05kmAlkanes NMPP tenements,showing regional geology BUSINESS REVIEW EXPLORATIONAlkane Resources Annual Rep

78、ort 202420Tomingley Gold Project Alkane Resources Ltd 100%Alkanes Tomingley Gold Project covers an area of approximately 440 square kilometres,stretching 60 kilometres north-south along the Newell Highway in Central West New South Wales.The prospective belt extends from near the village of Tomingley

79、 in the north(about 50 kilometres southwest of Dubbo),through Peak Hill and almost to Parkes in the south.The project incorporates Alkanes currently active Tomingley Gold Operations,the Tomingley Gold Extension Project(founded on the San Antonio and Roswell resources),and the inactive Peak Hill Gold

80、 Mine.Exploration programAlkane continues to explore the gold corridor between Tomingley and Peak Hill,with the view to defining additional resources to extend the life of the Tomingley asset.To assist the definition of additional drill targets,detailed drone-based magnetic and airborne gravity surv

81、eys were completed in late 2023.In early 2024,Alkane completed a small diamond core and RC campaign at the Plains and El Paso prospects.El Paso lies approximately two kilometres south of the San Antonio deposit,and the Plains prospect lies approximately one kilometre southeast of the Roswell deposit

82、.An air-core(AC)program tested the eastern side of the prospective belt east of the Tomingley Gold Extension Project.Air-core drilling also occurred at the Allendale prospect,which is a gold-copper porphyry target approximately five kilometres northwest of Tomingley.In total,the drilling comprised 1

83、17 AC drill holes for a total of 11,520 metres,five RC drill holes for a total of 1,550 metres,and three diamond core for a total of 1,091 metres.Alkane recently released a comprehensive summary of NMPP exploration results,which demonstrate strong potential for the discovery of new gold-copper porph

84、yry deposits(ASX Announcement 21 June 2024).Konigin,Driell Creek and MurgaResults indicated the geology is favourable for porphyry type environments;however,individual drill results at Konigin and Murga showed weak mineralisation.Drilling results from Driell Creek(approximately five kilometres north

85、west of Kaiser)intersected several intercepts of similar grade and character to early results received at Boda before its discovery.Further drilling at Driell Creek is now considered a high priority.Boda 2-3During 2023 resource drilling,diamond core hole BOD094 intersected a high-grade hydrothermal

86、breccia deep and to the west of Boda 2-3(ASX Announcement 25 August 2023).Alkane tested this intercept along strike with two diamond core holes in early 2024.The drilling confirmed the high-grade chalcopyrite cemented breccia has a strike length of greater than 100 metres and is open along strike to

87、 the south and along dip.This mineralisation lies outside the current Boda Mineral Resource envelope.Due to its depth and significant dislocation by major faulting,no further drilling is planned at this stage.(For more details,see ASX Announcement 21 June 2024).Planned exploration in FY25Significant

88、 potential exists for the discovery of further deposits like Boda and Kaiser across the NMPP tenement package.Planned regional exploration for the next 12 months will focus on further drill testing of the Driell Creek prospect to follow up the significant gold-copper porphyry mineralisation intersec

89、ted in early 2024.Alkane also plans to use a range of field techniques to identify new targets,focusing on the Haddington,Windora,Ballimore,Comobella North and Boda 4 prospects.Scheduled exploration will comprise mapping,Induced Polarisation(IP)surveying,detailed ground gravity,ANT(Ambient Noise Tom

90、ography)passive seismic and air-core drilling utilising bottom of hole litho-geochemistry over the large area surrounding the Comobella Intrusive Complex(CIC).This exploration forms part of Alkanes FY25 exploration budget of approximately A$6 million.21Alkane Resources Annual Report 2024BUSINESS REV

91、IEW EXPLORATION?BarrabadeenCreek(Diversion)CreekGundongParkesThrustKenilworthFaultMugincobleFaultPortalProductionDriveE L 5 9 4 2TomingleyNewellHighwayKyaliteRoadOLearysLaneBackTomingleyWestRoadPeak HillM L 1 8 2 1M L 1 8 5 8E L 5 6 7 5E L 8 6 7 6E L 5 6 7 5McNivensLanePatonsCemeteryW estrayBarrabad

92、eenJounamaSmithsWyomingElPasoCalomaU/GResource108,000ozOpenCutProduction153,000ozHistoricProduction70,000ozPEAKHILLGOLDMINEHistoricProduction62,000ozMYALLSUNITEDReserves214,000ozResource406,000ozSANANTONIOResource70,000ozMcLEANSReserves449,000ozResource750,000ozROSW ELLReserves34,000ozResource444,00

93、0ozoz646,000ProductionTOMINGLEYGOLDOPERATIONSPlainsGlenIslaM L 1 6 8 41AL057hCottonFormationsiltstoneHornblende+plagioclasephyricdioriteMonzodioritesillVolcaniclasticsedimentsAndesiteMineralisationFeldsparphyricdaciticintrusionsSeptember202405kmFeldsparphyricAndesite(elevatedP)FeldsparphyricAndesite

94、M ingeloVolcanics610000mE620000mE6390000mN6380000mN14815E3235S3240SNorthern section of Tomingley Gold Project,showing regional geology 22Alkane Resources Annual Report 2024BUSINESS REVIEW EXPLORATIONMcLeans depositThe McLeans deposit lies two kilometres south of Tomingley,500 metres northeast of the

95、 Roswell deposit and adjacent to the production drive from Wyoming One.The maiden underground Inferred Mineral Resource estimate was released with 870,000 tonnes at 2.51g/t gold for 70,000 contained ounces(see ASX Announcement 13 September 2023).This has been incorporated in the Tomingley Gold Exten

96、sion Project resources.Peak Hill Gold MineLocated 15 kilometres south of Tomingley,Alkanes Peak Hill Gold Mine operated from 1996 to 2005 as an open cut heap leach.While the site is substantially rehabilitated,it remains an active Mining Lease.Technological advances and gold price increases in the l

97、ast two decades have led Alkane to re-evaluate the economics of further development.During FY24,the completion of a University of Tasmania student research project enhanced our understanding of the deposit alteration and mineralogy.Alkane also commenced a soil sampling project south of Peak Hill.Alt

98、hough Alkane retains its Mining Lease and Environment Protection Licence for Peak Hill Gold Mine,any further mine development would require further environmental assessment and government approval.Refer to page 27 for the Mineral Resource table.Peak HillPlanned exploration in FY25Planned regional ex

99、ploration continues to focus on discovering new gold resources to provide future ore feed for Tomingley.Following the recent airborne geophysical surveys,a 14,000-metre AC drilling program will test recently defined volcanic belts we consider highly prospective for significant mineralisation.Any int

100、ersected shallow mineralisation will be tested at depth by small RC and diamond drilling campaigns.This will include known significant mineralisation at the El Paso,Tomingley Two(4.5km north of Caloma)and Plains prospects.We also plan to explore the Trewilga(south of Peak Hill)and Glen Isla areas fo

101、r new targets using field techniques such as high-resolution drone magnetics,soil sampling and mapping including rock chip sampling.23Alkane Resources Annual Report 2024BUSINESS REVIEW EXPLORATIONSouthern Junee Porphyry Project(gold-copper)Alkane Resources Ltd 100%The Southern Junee Porphyry Project

102、(SJPP)is located in the Riverina region of New South Wales,centred about 50 kilometres south of the large Cowal mine(Evolution 14.3Moz gold).It covers an area of 235 square kilometres at the southern extension of the Junee-Narromine Volcanic Belt(J-NVB),which is considered highly prospective for wor

103、ld-class gold-copper porphyry deposits.Following acquisition of three exploration licences(EL5792,EL7982 and EL8025),inclusive of all data,from Sandfire Resources Ltd in June 2023,Alkane consolidated the tenements into one exploration licence(EL9600).The project is 100%owned by Alkane with no underl

104、ying royalties or liabilities.During FY24,Alkane completed an airborne gravity survey over the SJPP project area and commenced interpretation of the results.All the historic drill core from the project has been compiled at the Peak Hill exploration base.Armstrongs(gold)Alkane Resources Ltd 100%Locat

105、ed west of Parkes,the Armstrongs prospect has similar geology to the Tomingley Gold Project and historic drilling has identified low-grade gold mineralisation over a 400-metre strike length.In FY24,Alkane completed 49 AC drill holes for a total of 2,412 metres to test the McGuiggans prospect.McGuigg

106、ans is positioned along the London-Victoria Fault and lies three kilometres south of the historical London-Victoria Mine(270,000oz gold endowment).Rockley(base metals,gold)Alkane Resources Ltd 100%The Rockley Project is located 35 kilometres south of Bathurst.Its three exploration licences cover a p

107、ortion of the late Silurian Mumbil Group,a geological sequence considered highly prospective for structurally controlled gold and McPhillamys-style gold and base metal mineralisation.During FY24,Alkane completed a fixed loop ground EM survey within the Apsley target area to assess potential for skar

108、n-type gold and base metal mineralisation.A seven-hole slimline RC drilling program confirmed Cu-Zn skarn mineralisation beneath the outcropping mineralisation in six of the drill holes.Results were announced post year-end(ASX Announcement 8 August 2024).Other projects Alkanes other exploration proj

109、ects in New South Wales are Cudal(gold-copper-zinc)and Mt Conqueror(gold).(Both Alkane Resources Ltd 100%).Trangie was relinquished.Exploration teamBUSINESS REVIEW EXPLORATIONAlkane Resources Annual Report 202424ForbesDubboNynganParkesTottenhamOrangeWestWyalongBathurstWellingtonNorthparkesCowalCadia

110、 ValleySunriseMineral HillTrittonMcPhillamysCentralWestofinsetNSWSydneyNSW34S148E150E32SArmstrongsPeakHillCudalRockleyTomingleyArmstrongsT TGGOOPeakHillCudalTGOTGORockleyTomingleySouthernJuneePorphyrySouthernJuneePorphyryNorthernMolongPorphyryNorthernMolongPorphyryMountConquerorMountConquerorTo Sydn

111、eyBurrendongDamNSWE0100kilometresA Al lk ka an ne eR Re es so ou ur rc ce es s L Lt td dAlkanes projects and operations in Central West New South WalesMINERAL RESOURCES AND ORE RESERVESAlkane Resources Annual Report 202425Mineral Resources and Ore ReservesAlkane reports Mineral Resources and Ore Res

112、erves for the Tomingley Gold Project and the Northern Molong Porphyry Project(Boda and Kaiser deposits)as at 30 June 2024.The Mineral Resources and Ore Reserves for the Tomingley Gold Project and the Northern Molong Porphyry Project are reported in accordance with the Australasian Code for Reporting

113、 of Exploration Results,Mineral Resources and Ore Reserves(JORC 2012).They were reported to the ASX on 4 September 2024.Any differences to those tables are corrections to typographical errors;the assumptions and parameters detailed in that report are unchanged.Mineral Resources are wholly inclusive

114、of Ore Reserves.Tomingley Gold ProjectIdentified Mineral Resources and Ore Reserves for the Tomingley Gold Project have been updated for 30 June 2024.The project includes:Tomingley Gold Operations production facility(Wyoming One,Wyoming Three,Caloma One and Caloma Two deposits)Tomingley Gold Extensi

115、on Project(San Antonio,Roswell and McLeans deposits),and the Peak Hill Gold Project.Mineral Resources and Ore Reserves have been re-estimated to account for additional resources,mining depletion,changes in gold price and operating costs during the 2024 financial year.The net result is an 11 percent

116、increase in reserve ounces.The detailed estimates are set out in the tables on the following pages.Tomingley Gold ProjectTotal Mineral Resources:24.27Mt grading 2.12g/t Au(1,656,000oz)Total Ore Reserves:11.76Mt grading 1.9g/t Au(705,000oz)MINERAL RESOURCES AND ORE RESERVESAlkane Resources Annual Rep

117、ort 202426Mineral ResourcesTomingley Gold Operations Mineral Resources(30 June 2024)DEPOSITMEASUREDINDICATEDINFERREDTOTALTotal Gold(koz)Tonnage(kt)Grade(g/t Au)Tonnage(kt)Grade(g/t Au)Tonnage(kt)Grade(g/t Au)Tonnage(kt)Grade(g/t Au)Open Pittable Resources(cut-off 0.4g/t Au)Caloma One000000000Subtota

118、l000000000Underground Resources(cut-off 1.3g/t Au)Wyoming One10132.77632.21082.11,8842.5149Wyoming Three462.2242.0201.9902.16Caloma One6022.29162.04692.01,9872.1132Caloma Two3512.412612.44621.82,0742.3153Subtotal2,0122.52,9642.21,0591.96,0352.3444TOTAL2,0122.52,9642.21,0592.16,0352.3441Apparent arit

119、hmetic inconsistencies are due to rounding.Tomingley Gold Extension Project Mineral Resources(30 June 2024)DEPOSITMEASUREDINDICATEDINFERREDTOTALTotal Gold(koz)Tonnage(kt)Grade(g/t Au)Tonnage(kt)Grade(g/t Au)Tonnage(kt)Grade(g/t Au)Tonnage(kt)Grade(g/t Au)Open Pittable Resources(cut-off 0.4g/t Au Ros

120、well and 0.5g/t Au San Antonio)Roswell 3,9001.7003,9001.7213San Antonio 5,9301.81,3891.37,3191.7406Subtotal009,8301.81,3891.311,2191.7619Underground Resources(cut-off 1.3 g/t Au and 1.3g/t Au McLeans)Roswell8253.03,1232.81,9572.55,9052.7517McLeans 008702.58702.570Subtotal8253.03,1232.82,8272.56,7752

121、.7587TOTAL8253.0 12,9532.04,2162.117,9942.11,206Apparent arithmetic inconsistencies are due to rounding.DEPOSITResource CategoryCut-OffTonnes(Mt)Gold Grade(g/t)Gold Metal(koz)Copper Metal(%)Proprietary U/GInferred2g/t Au1.023.291080.15TOTAL1.023.291080.15Peak Hill Mineral Resources(30 June 2024)Appa

122、rent arithmetic inconsistencies are due to roundingAlkane Resources Annual Report 202427Alkane Resources Annual Report 2024MINERAL RESOURCES AND ORE RESERVESOre ReservesTomingley Gold Operations Ore Reserves(30 June 2024)DEPOSITPROVEDPROBABLETOTALTotal Gold(koz)Tonnage(kt)Grade(g/t Au)Tonnage(kt)Gra

123、de(g/t Au)Tonnage(kt)Grade(g/t Au)Open Pittable Reserves(cut-off 0.4g/t Au)Stockpiles2411.1002411.19Subtotal2411.1002411.19Underground Reserves(cut-off 1.3g/t Au)Wyoming One871.91051.71921.811Caloma One861.81051.81901.811Caloma Two481.831.2501.83Subtotal2201.82131.84331.825TOTAL4611.52131.86741.634A

124、pparent arithmetic inconsistencies are due to rounding.Tomingley Gold Extension Project Ore Reserves(30 June 2024)DEPOSITPROVEDPROBABLETOTALTotal Gold(koz)Tonnage(kt)Grade(g/t Au)Tonnage(kt)Grade(g/t Au)Tonnage(kt)Grade(g/t Au)Open Pittable Reserves(cut-off 0.4g/t Au)Roswell003,9001.73,9001.7213San

125、Antonio004,1001.64,1001.6214Subtotal0 8,0001.68,0001.6427Underground Reserves(cut-off 1.6g/t Au)Roswell8812.42,2022.43,0822.4236San Antonio*0000000Subtotal8812.42,2022.63,0822.5236TOTAL8812.410,2021.811,0821.9663Apparent arithmetic inconsistencies are due to rounding.*San Antonio underground reserve

126、s not determined at this time.Alkane has governance arrangements and internal controls in place with respect to its estimates of Mineral Resources and Ore Reserves including:oversight and approval of each annual statement by the Technical Director;establishment of internal procedures and controls to

127、 meet JORC Code 2012 compliance in all external reporting;independent review of new and materially changed estimates;annual reconciliation with internal planning to validate reserve estimates for operating mines;and Board approval of new and materially changed estimates.Mineral Resource and Ore Rese

128、rve Governance and Internal ControlsMINERAL RESOURCES AND ORE RESERVESAlkane Resources Annual Report 202428Comparative resources and reservesTomingley Gold Operations Comparative Mineral Resources(30 June 2023 to 30 June 2024)DEPOSIT20232024Tonnage(kt)Grade(g/t Au)Gold(koz)Tonnage(kt)Grade(g/t Au)Go

129、ld(koz)Open PitWyoming One000000Wyoming Three000000Caloma One000000Caloma Two000000Subtotal000000UndergroundWyoming One2,0882.41631,8842.5149Wyoming Three902.16902.16Caloma One1,8002.11231,9872.1132Caloma Two1,5412.31152,0742.3153Subtotal5,5192.34076,0352.3441TOTAL5,5192.34076,0352.3441Apparent arit

130、hmetic inconsistencies are due to rounding.Tomingley Gold Operations Comparative Ore Reserves(30 June 2023 to 30 June 2024)DEPOSIT20232024Tonnage(kt)Grade(g/t Au)Gold(koz)Tonnage(kt)Grade(g/t Au)Gold(koz)Open PitWyoming One0 00 0 0 0Wyoming Three0 0 0 0 0 0Caloma One 0 0 0 0 0 0Caloma Two 0 0 0 0 0

131、0Stockpiles3291.0112411.19Subtotal3291.0112411.19UndergroundProven4421.9272201.813Probable7291.7402131.812Subtotal1,1711.8684331.825TOTAL1,5001.6796741.634Apparent arithmetic inconsistencies are due to rounding.The primary differences from 2023 to 2024 are:Underground resources were added by extensi

132、onal development drilling in Caloma One and Caloma Two Underground reserves added by development grade control drilling;and Underground reserves depleted by mining.Alkane Resources Annual Report 202429Alkane Resources Annual Report 2024MINERAL RESOURCES AND ORE RESERVESTomingley Gold Extension Proje

133、ct Comparative Mineral Resources(30 June 2023 to 30 June 2024)DEPOSIT20232024Tonnage(kt)Grade(g/t Au)Gold(koz)Tonnage(kt)Grade(g/t Au)Gold(koz)Open PitRoswell3,9001.72133,9001.7213San Antonio7,3191.74067,3191.7406Subtotal11,2191.761911,2191.65619UndergroundRoswell5,5502.74895,9052.7517McLeans8702.57

134、08702.570Subtotal6,4202.75606,6752.7587TOTAL17,6391.81,17917,9942.11,206Apparent arithmetic inconsistencies are due to rounding.NOTE:Alkane revised the Roswell Resource in February 2024(ASX Announcement 27 February 2024)based on grade control drilling,which retroactively impacted the 30 June 2023 Ro

135、swell open pit and underground resource estimates.Tomingley Gold Extension Project Comparative Ore Reserves(30 June 2023 to 30 June 2024)DEPOSIT20232024Tonnage(kt)Grade(g/t Au)Gold(koz)Tonnage(kt)Grade(g/t Au)Gold(koz)Open PitRoswell3,9001.72133,9001.7213San Antonio4,1001.62144,1001.6214Subtotal8,00

136、01.654278,0001.65427UndergroundRoswell1,4562.61193,0822.4234San Antonio000000Subtotal14562.601193,0822.40234TOTAL9,4561.854711,0821.9663Apparent arithmetic inconsistencies are due to rounding.There was no change in Mineral Resources or Ore Reserves for the Peak Hill Gold Project.The recent history o

137、f the Project was summarised in the 2021 Annual Resource and Reserve Statement(ASX Announcement 7 September 2021)and the JORC Tables documented in ASX Announcement 18 October 2018.MINERAL RESOURCES AND ORE RESERVESAlkane Resources Annual Report 202430Northern Molong Porphyry Project Alkane updated t

138、he Mineral Resource Estimates to define Indicated Resources within the broader Inferred Resource gold-copper envelopes for the Boda and Kaiser deposits during FY24.Full details with accompanying JORC tables were reported in ASX Announcements 30 May 2022 and 14 December 2023(Boda)and 17 February 2023

139、 and 29 April 2024(Kaiser).Boda and Kaiser Mineral Resources(30 June 2024)Apparent arithmetic inconsistencies are due to rounding.*The prices used to calculate AuEq are based on 12-month averages of US$1,950/oz gold and US$8,600/t copper,and A$:US$0.67.Recoveries are estimated at 87%for Cu and 81%fo

140、r Au at Boda and 81%Cu and 71%Au at Kaiser from metallurgical studies.Alkane considers the elements included in the metal equivalents calculation have a reasonable potential to be recovered and sold.DEPOSITINDICATEDINFERREDTOTALMETALTonnes(Mt)Au(g/t)Cu(%)Tonnes(Mt)Au(g/t)Cu(%)Tonnes(Mt)AuEq*(g/t)Au(

141、g/t)Cu(%)AuEq*(Moz)Au(Moz)Cu(Mt)Open Pittable Resource(cut-off 0.3g/t AuEq)Boda1910.360.17420.290.162330.580.350.174.312.620.39Kaiser1790.270.20100.290.141890.540.270.193.281.640.37Subtotal3700.320.18520.290.164220.560.310.187.594.260.76Underground Resource(cut-off 0.4g/t AuEq)Boda1510.340.201980.34

142、0.183500.590.340.186.633.780.65Kaiser160.300.2280.360.20240.610.320.210.460.240.05Subtotal1670.340.202060.340.183740.590.340.187.094.020.70TOTAL5370.320.192580.330.187960.580.330.1814.708.281.46Northern Molong Porphyry ProjectTotal Mineral Resources(Indicated+Inferred):796Mt grading 0.33g/t Au and 0

143、.18%Cu (8.3Moz Au;1.5Mt Cu)(0.3g/t and 0.4g/t AuEq*cut-off)for 0.58g/t AuEq*(14.7Moz AuEq)Alkane Resources Annual Report 2024MINERAL RESOURCES AND ORE RESERVESBoda-KaiserAlkane Resources Annual Report 202431Competent Persons The information in this report relating to Mineral Resource and Ore Reserve

144、 estimates has been approved by individuals having sufficient experience to qualify as a Competent Person,as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results,Mineral Resources and Ore Reserves(JORC 2012).Such experience relates to the style of mineralisation

145、and type of deposit under consideration,and the activity undertaken.All Competent Persons named below have provided prior written consent to the inclusion of the matters based on their information in this report,in the form and context in which it appears.Information relating toCompetent PersonMiner

146、al Resources and Ore Reserves Statement as a wholeMr D Ian Chalmers(FAusIMM,FAIG),who is Executive Director of Alkane Resources Ltd.Tomingley Gold Operations Mineral Resource estimatePeak Hill Mineral Resource estimateMr Craig Pridmore(MAusIMM),who is Geology Manager Tomingley Gold Operations and an

147、 employee of Alkane Resources Ltd.Tomingley Gold Operations Open Pit Ore Reserve estimateTomingley Gold Extension Project(San Antonio and Roswell)Open Pit Ore Reserve estimateMr John Millbank(MAusIMM),an independent consultant(Proactive Mining Solutions).Tomingley Gold Operations Underground Ore Res

148、erve estimateRoswell Underground Ore Reserve estimateMr Christopher Hiller(MAusIMM),an independent consultant(Hiller Enterprises Pty Ltd).Tomingley Gold Extension Project(San Antonio,Roswell and McLeans)Mineral Resource estimatesBoda and Kaiser Mineral Resource estimatesMr David Meates(MAIG),who is

149、Exploration Manager NSW and an employee of Alkane Resources Ltd.Previously reported information All information in this report that relates to Mineral Resource or Ore Reserve estimates has been extracted from Alkanes ASX announcement dated 4 September 2024.Additional exploration results have been ex

150、tracted from ASX announcements noted in the text of the report.The relevant ASX announcements are available to view on Alkanes website.Alkane confirms that,other than mining depletion,it is not aware of any new information or data that materially affects the information included in the relevant mark

151、et announcement(s);in the case of estimates of Mineral Resources or Ore Reserves,that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed;and that the form and context in which the Competen

152、t Persons findings are presented have not been materially altered.MINERAL RESOURCES AND ORE RESERVESAlkane Resources Annual Report 202432SUSTAINABILITY REPORTAlkane Resources Annual Report 202433Alkane Resources Annual Report 2024Sustainability at AlkaneAlkane strives to uphold high environmental,so

153、cial and governance(ESG)standards across all our activities.These sustainability foundations are embedded in our business;they underpin our social licence to operate and are integral to our ability to deliver value to all stakeholders.Our approachThis Sustainability Report summarises Alkanes sustain

154、ability performance in FY24.The report is structured around four sustainability pillars spanning ESG:Governance,Our People,Communities,and Environment.Underpinning Alkanes approach to sustainability is our ESG Mission Statement,which aligns with our company values.This ESG Mission Statement represen

155、ts our pledge to all stakeholders including investors,host communities,employees,government bodies and the people of Australia.Alkane Technical Director wins Gavin Thomas Mining AwardEmbedded a new Employee Assistance Program at Tomingley2Supported three geology Honours students3Recovered Aboriginal

156、 artefacts from an open scatter site at Tomingley4Consolidated support of the Narromine Hospital Auxiliary via the Tomingley Community Fund5Ordered new diesel/electric hybrid underground mining fleet6Undertook a scrap metal clean-up and recycling campaign 7Key achievements FY241Progressed establishm

157、ent of 283 hectares of protected conservation areas8SUSTAINABILITY REPORT SUSTAINABILITY AT ALKANEAlkane Resources Annual Report 202434Company ValuesESG Mission StatementIntegrityWe do whats right in our actions and relationships.RespectWe treat people and the environment with care.TransparencyWe ar

158、e proactive in communicating our intent and outcomes.PerformanceWe plan and execute to deliver strong business results.Ensure our choices and behaviours align with our values.Maintain good environmental governance.Be responsive to the needs of all stakeholders.Minimise impacts from our operations.St

159、ay positively engaged with host communities.Value the safety and wellbeing of our workforce.Expand sustainability reporting and disclosures.Communicate openly with stakeholders about our activities.Actively seek sustainable solutions that have a strong business case.=Four Sustainability PillarsAdher

160、ing to a corporate governance frameworkOperating with integrity,respect and transparencyManaging risks across operations,finance and sustainabilityEnsuring a rewarding and equal-opportunity workplaceValuing the safety and wellbeing of our workforceResponding to the needs of stakeholders Working with

161、 host communities to build resilienceRespecting Aboriginal and Torres Strait Islander culture and traditionsManaging water,emissions and waste responsibly Rehabilitating the land we disturbEnhancing biodiversity and land capability to offset our impactGovernanceOur PeopleCommunitiesEnvironment35Alka

162、ne Resources Annual Report 2024SUSTAINABILITY REPORT SUSTAINABILITY AT ALKANEGovernanceAlkane administers corporate governance with openness and integrity,employing comprehensive systems of control and accountability.Organisational governanceAlkanes corporate governance framework is based on the pri

163、nciples and recommendations of the ASX Corporate Governance Council(Corporate Governance Principles and Recommendations 4th edition).The key features of this framework are set out in our annual Corporate Governance Statement,available on the Alkane website.Board and sub-committeesThe Alkane Board co

164、mprises five directors and two joint company secretaries with skills and experience across technical,operational,finance,broking and general business:Ian Gandel Non-executive Chair Nic Earner Managing Director Ian Chalmers Technical Director Tony Lethlean Non-executive Director Gavin Smith Non-execu

165、tive Director Dennis Wilkins Joint Company Secretary James Carter Joint Company SecretaryTwo of the non-executive directors,Mr Lethlean and Mr Smith,are considered independent.The Board continues to seek additional independent members who will bring complementary skill sets and diversity to Alkanes

166、leadership.Details of directors are presented on page 72 of this report.The Board has four established sub-committees,each with its own charter:Audit Committee Nomination Committee Remuneration Committee Risk Management CommitteeESG considerations are governed by the Risk Management Committee,which

167、comprises members of the Board,including the Managing Director,plus key senior managers responsible for operations,finance and administration.This committee assists the Board with matters pertaining to sustainability setting sustainability strategy,guiding sustainability governance,business and soci

168、al performance,and managing sustainability risks and opportunities.Corporate policies and proceduresAlkanes corporate governance practices are underpinned by a suite of corporate policies and procedures,including Appointment and Independence of Directors,Diversity,Code of Conduct,Risk Management,Ant

169、i-bribery and Corruption,Modern Slavery and Safety,Health and Sustainability.Alkanes Corporate Governance Statement is available on our website,along with the Board charter and details of Board sub-committees.Also listed are key policies and procedures,including those pertaining to appointment and i

170、ndependence of directors,diversity,code of conduct,risk management,and anti-bribery and corruption.https:/.au/company/governance/Corporate Governance StatementSUSTAINABILITY REPORT GOVERNANCEAlkane Resources Annual Report 202436At the August 2023 Gold Industry Awards,Alkane Technical Director,Ian Ch

171、almers,was the proud recipient of the prestigious Gavin Thomas Mining Award recognising a remarkable 50-year career.Mr Chalmers commenced at Alkane over three decades ago,initially as a consultant and Technical Director,and later as Managing Director from 2006 to 2017.For many years,he has steered A

172、lkanes success in minerals exploration and development across Central West New South Wales.Beyond his professional accomplishments,Mr Chalmers is deeply committed to education and knowledge sharing.He has forged strong ties with academic institutions and industry organisations,fostering the growth o

173、f the next generation of geologists.His financial support for geosciences in school programs and his role as a fundraising ambassador for Australian Earth Science Education reflect his dedication to nurturing future talent.Mr Chalmers deep-seated belief in environmental responsibility has also drive

174、n him to collaborate with other experts to minimise the impact of mining.This holistic approach underscores his commitment to sustainable practices and ethical resource extraction.Alkane Technical Director wins Gavin Thomas Mining AwardFrom left:Alkane Chairman Ian Gandel,Technical Director Ian Chal

175、mers and Managing Director Nic Earner celebrating Ians award.37Alkane Resources Annual Report 2024SUSTAINABILITY REPORT GOVERNANCEEthical business practicesIn keeping with our core values,Alkane operates with integrity,respect and transparency across the business and our supply chain.The following p

176、olicies(available on our website)guide the actions of our leaders,employees,contractors,suppliers and customers:Code of Conduct Alkane is committed to conducting itself with integrity,honesty and fairness in all business practices and to observing the rule and spirit of the legal and regulatory envi

177、ronment in which the group operates.Anti-Bribery and Corruption(ABC)Policy Alkane is committed to maintaining a high standard of ethical conduct in all business dealings,compliance with international ABC regulations,and an open and transparent management approach to avoid exposing ourselves to poten

178、tial conflicts of interest.Whistleblower Policy Alkane is committed to supporting a confidential and anonymous process whereby persons can report any matter deemed to be illegal,contrary to the policies of the company or in some other manner not right or proper.Modern Slavery Policy Alkane is commit

179、ted to implementing and enforcing effective systems and controls to minimise the risk of modern slavery taking place anywhere in our business or in any of our supply chains.Modern Slavery StatementAlkanes first Modern Slavery Statement under the Australian Governments Modern Slavery Act 2018 was sub

180、mitted in October 2022.The initial statement submitted in 2022 noted Alkanes risk of exposure to modern slavery as low.Alkane has continued to pursue its undertakings and commitments with respect to Modern Slavery,which include:Incorporating modern slavery clauses into all contracts.These require su

181、ppliers to comply with modern slavery legislation and provide Alkane with audit rights to confirm;Updating our market approach documentation(invitations to tender,requests for proposals and supplier application forms)to require prospective suppliers to identify the location of manufacture of any goo

182、ds supplied;and Seeking and receiving demonstrations of best practice and the absence of modern slavery in the supply chains of existing suppliers in at-risk industries(clothing and apparel).Additional actions for the coming period will include further investigations into other potentially at-risk s

183、upply chains,including electronics and reagent supply.We will continue to report the steps Alkane is taking to assess and address modern slavery risks in future annual statements.Tomingley Wyoming One open cut with underground portalSUSTAINABILITY REPORT GOVERNANCEAlkane Resources Annual Report 2024

184、38Regulatory and complianceAlkane complies with the regulations of the Corporations Act 2001,Australian Accounting Standards,and other mandatory professional reporting requirements(refer to the Financial Report).Some of the key ESG-themed reports submitted annually include:Modern Slavery Statement W

185、orkplace Gender Equality Agency National Pollutant Inventory National Greenhouse and Energy Reporting Annual return to the NSW Environment Protection Authority Annual rehabilitation management plansRisk managementAlkane is committed to the active management of risks to operations via the Risk Manage

186、ment Committee,which routinely reviews Alkanes risk management framework to ensure it is fit for purpose.As outlined in Alkanes risk management policy,our risk management framework considers both strategic and organisational risks.The companys Risk Management Coordinator is tasked with the responsib

187、ility of keeping the risk management policy,framework and registers updated,subject to formal approval of policy amendments by the Board.Financial risks&ITThe Audit Committee is responsible for assessment,monitoring and management of financial risks,which include IT.Periodically Alkane commissions e

188、xternal consultants to perform diagnostics and reviews of internal controls and IT maturity and cyber security.Post the 2024 fiscal year,Alkane undertook a desktop-style review aimed at evaluating the companys privacy protection protocols.This included an analysis of relevant artefacts and consultat

189、ion with key stakeholders.Following this review,Alkane has developed:a privacy policy that aligns with the Australian Privacy Principles and Obligations under the Privacy Act 1988;procedures congruent with the privacy policy,designed to guide the company in consistent handling of personal informatio

190、n in accordance with established best practices and legal requirements;and a breach notification plan to help manage and mitigate the impact of data breaches,with clear guidelines for action and compliance with legal notification duties.Material risksThe companys primary material risks are described

191、 in the Directors Report(see page 78).They include:Mineral Resource and Ore Reserve estimates;production,cost and capital estimates;operating risks;exploration risks;gold prices;taxation;community relations;cyber security risks;government regulation;debt and hedging covenants;government policy and p

192、ermits;climate-related risks.Alkane continues to review and update the corporate risk register,focusing on the resourcing required to manage key risks.OperationsTomingley Gold Operations continues to monitor and audit critical controls as part of its ongoing risk management process.A specialised sof

193、tware package assists with the management of the complexities for the high-level risks.To minimise environmental risks,Alkane strives to conduct activities to the highest standard of environmental obligation,including compliance with all environmental laws and regulations.Tomingley39Alkane Resources

194、 Annual Report 2024SUSTAINABILITY REPORT GOVERNANCEOur PeopleAlkane is committed to providing a safe,rewarding and equal-opportunity workplace.WorkforceAlkane is headquartered in Perth,Western Australia,where many of our centralised services and executive and senior managers are located.The remainde

195、r of Alkanes workforce is in New South Wales,with the largest number(almost 90 percent)at Tomingley Gold Operations southwest of Dubbo.At year-end,Tomingley had approximately 280 employees(excluding contractors and subcontractors)across geology,mining,processing,finance and administration,maintenanc

196、e,work health and safety(WHS),and environment.Since Tomingley is a residential operation and does not support a fly-in/fly-out scheme,the majority of our workforce lives in the local area.Alkanes experienced exploration team has its main premises and core yard in Orange(Central West New South Wales)

197、,along with additional field facilities and core yard at the decommissioned Peak Hill Gold Mine.Alkane workforce by location(30 June 2024)6Dubbo and Peak Hill16Head Office/Perth347Tomingleyincluding contractors and casuals11Explorationincluding contractors and casuals380 in total313 employees and ca

198、suals67 FTE contractorsSUSTAINABILITY REPORT OUR PEOPLEAlkane Resources Annual Report 202440Following the extensive Boda-Kaiser resource drilling program,we reduced and restructured our exploration team during FY24(primarily casual staff who had come onboard during this busy period)to reflect the ne

199、eds of our exploration program over the next 12 months.At Peak Hill Gold Mine,Alkane also employs a site supervisor who maintains the mining leases and infrastructure while the site is under care and maintenance.We also have a shopfront office in the town centre of Dubbo.At financial year-end,Alkane

200、 had 313 personnel engaged in the business,plus an additional 67(full time equivalent)contractors and subcontractors at Tomingley.Diversity and inclusionAlkane is committed to actively managing diversity at all levels of the company,where diversity may result from a range of factors including age,ge

201、nder,disability,ethnicity,marital or family status,religious or cultural background,sexual orientation and gender identity.We value the unique contributions made by people from all backgrounds,experiences and perspectives.Alkanes commitments are outlined in our Diversity Policy,which addresses equal

202、 opportunities in the hiring,training,flexible working practices and career advancement of directors,officers and employees.We recognise the particular importance of attracting women to join the company and the mining industry more generally.In support of improving overall female representation acro

203、ss the company,the Board has the following objectives,as outlined in the companys Corporate Governance Statement:By 30 June 2027,at least 30 percent of directors on the Board will be female.By 30 June 2027,women will represent greater than 18 percent at all levels of the organisation.To arrive at th

204、is figure,we considered the average percentage of women working in Metal Ore Mining according to Australias Workplace Gender Equality Agency for companies of different sizes.Hiring practices will continue to target female candidate representation.As stated in the Diversity Policy,Alkane does not tol

205、erate any form of discrimination,harassment,vilification and victimisation.TomingleyTo celebrate International Womens Day in March 2024,Tomingley invited all female employees to a casual lunch on-site.Although many couldnt make it through rostering conflicts or leave,those who attended enjoyed the o

206、pportunity to gather with other women for a time.International Womens Day 202441Alkane Resources Annual Report 2024SUSTAINABILITY REPORT OUR PEOPLEDiversity performanceThe table below indicates the number and percentage of female and Aboriginal and Torres Strait Islander(ATSI)employees at Alkane(exc

207、luding Tomingley contractors/subcontractors)at year-end for the past three years.Alkane female and ATSI employees30 June 202230 June 202330 June 2024Women25(9%)32(12%)32(10%)Aboriginal and Torres Strait Islander35(13%)32(12%)32(10%)Numbers include casuals but not contractors/subcontractorsAt year-en

208、d,the Tomingley workforce included 29 people identifying as Aboriginal and Torres Strait Islander(ATSI)and 26 women.Tomingley continues to encourage diverse candidates to apply for all roles include using gender-neutral or female-positive language in recruitment material and creating career profiles

209、 of Tomingley employees with diverse backgrounds.We also continue to employ some women with less mining experience,with the view to training them in the desired skills.In a number of cases,these women have relocated to the Tomingley area with their more industry-experienced partners,also employed by

210、 Alkane.Numbers include casuals but not contractors/subcontractors.Numbers of Tomingley women by roleManagerSupervisorsProfessionals(geologists,environmental and planner)Finance/AdministrationOperatorsTradesTOTAL051015202530FY22FY23FY24SUSTAINABILITY REPORT OUR PEOPLEAlkane Resources Annual Report 2

211、02442Our people in focusShantelle,Metallurgy Technician “This is the most stimulating job Ive ever had.Every day as a met tech is completely different.Ive always loved learning new things and found the whole idea of taking dirt and making gold rather intriguing.”Shantelle is one of a select group of

212、 employees at Tomingley:among her many duties as a metallurgy technician is the important job of pouring the gold.When the time came to pour the gold bar containing Tomingleys 500,000th ounce,Shantelle was thrilled to be given the job.Following a short stint as a laboratory technician in 2016,Shante

213、lle re-joined our metallurgy team in 2020.A year later,she became the first Tomingley lab tech to progress to metallurgy technician a testament to her commitment to excellence and continuous improvement.Aside from gold pouring,her role involves assisting the metallurgists,maintaining and calibrating

214、 equipment,troubleshooting plant issues,production sampling,and performing metallurgical testwork.She also unofficially runs the lab and is the primary lab trainer for new recruits.Shantelle isnt fazed by being one of few women on the metallurgy team.Her everyday approach is to keep a sense of humou

215、r and get on with what she needs to do.She says the whole team has each others backs,and everyone is willing to hear different perspectives and keep learning.Having started a family instead of finishing high school,Shantelle had no formal qualifications when she started working at Tomingley.Over the

216、 past few years,Alkane has supported her to complete a Certificate 3 in Laboratory Skills,with a Certificate 4 in Laboratory Techniques underway.Shantelle is proud shes been able to continue learning and growing in her job and making a positive contribution to the team.43Alkane Resources Annual Repo

217、rt 2024SUSTAINABILITY REPORT OUR PEOPLEHealth,safety and wellbeingAlkane takes protecting our employees seriously.At Tomingley,our gold mining and production facility,we prioritise safety and strive for continuous improvement of the sites Safety and Health Management System.Alkane also has health an

218、d safety management systems in place for Peak Hill Gold Mine and our exploration team,based in Orange.Safety approach at TomingleyThe health,safety and wellbeing of our employees is our highest priority at Tomingley.We embed safety into every decision and action to drive safe production.Our employee

219、s are actively encouraged to assess potential risks and think critically about what could go wrong.We maintain a strong focus on leading indicators to drive continuous improvement in safety performance.Tomingley has a dedicated Work Health and Safety(WHS)team that operates throughout the organisatio

220、n.This team is responsible for ensuring employees receive the necessary training,enhancing hazard identification skills within the workforce,implementing effective safety systems and controls,and monitoring compliance with the sites safety management systems.We are committed to curtailing injuries,p

221、reventing catastrophic incidents,and maintaining our record of zero fatalities.A key focus in FY24 was strengthening internal governance and verification of controls in the workplace.Tomingley safety programs and initiativesBack 2 Basics initiativeDuring the year,Tomingley management identified seve

222、ral areas needing improvement.In response,the site adopted a practical approach that balances Tomingley workplace culture with industry performance benchmarks.The Back 2 Basics initiative emphasises core principles of hazard identification,control,and reporting,and fosters active participation from

223、the entire workforce.The number of hazards being identified continues to improve year on year.This demonstrates workforce engagement and commitment to working in a safe workplace.Safety and Health Management SystemIn FY24,we further strengthened our Safety and Health Management System by thoroughly

224、reviewing our safety training programs.This led to the creation of the Tomingley Training Strategy,which focuses on key elements of the training systems,including:Framework Development Process Improvement Compliance Improvement,and People Development.Managing principal hazardsOur Fatal Hazard Progra

225、m continued to evolve in FY24.A structured auditing campaign has been developed and implemented,allowing for each Principal Hazard Management Plan to be audited or controls verified throughout the year.SUSTAINABILITY REPORT OUR PEOPLEAlkane Resources Annual Report 202444TomingleyJack grew up on a fa

226、rm between Tomingley and Narromine and was contract-harvesting in Queensland when his mum spotted the advertised apprentice electrician position at Tomingley.The timing and opportunity were ideal,since Jack had decided upon an electrical trade after a period of travel.Leveraging the signal booster o

227、n the header,he got his application in and joined the Tomingley team in 2022.Now in his third year as an apprentice electrician,Jack has worked in each of Tomingleys main areas of operation,spending the first year in the processing plant.He then moved to underground,where the electrical team is resp

228、onsible for safely operating and maintaining electrical infrastructure,as well as servicing and fixing equipment.Jack is now back on the surface undertaking project work.These include major electrical installations,such as power upgrades and new backup generators,largely related to the Tomingley Gol

229、d Extension Project and processing plant upgrade.The best thing about his job,says Jack,is the variety of work and the fact he never knows what each day will look like.He thrives on learning from the different members of the electrical team,who each have their own techniques.Alongside his daily work

230、,Jack assigns about a day per week to his TAFE studies and assessments.These are almost complete,and hes now looking forward to becoming a fully qualified electrician at Tomingley next year.Our people in focusJack,Apprentice Electrician “I really enjoy the variety of my job and look forward to going

231、 to work each day.I work with a great group of people who are always willing to give me a hand and help me learn.The whole team is friendly and supportive.”SUSTAINABILITY REPORT OUR PEOPLE45Alkane Resources Annual Report 2024Safe 2 Handle programDuring the year,Tomingley continued with the High-Risk

232、 Manual Tasks Participative Ergonomics(Safe 2 Handle)program,originally launched in FY22.We continued the quarterly presentations and site interventions with a Safe 2 Handle exercise physiologist.However,the soft tissue injury rates at Tomingley indicate we need to increase the intensity and availab

233、ility of training and awareness around manual handling and task ergonomics.In FY25,the Safe 2 Handle program will include quarterly training and awareness sessions for all crews,ergonomic assessments at the rock face,and observations and an onsite physio one morning each week.The Safe 2 Handle progr

234、am leverages wearable technology to identify tasks that involve significant physical strain and trains employees on how to manage these tasks more effectively or redesign them to reduce risk.This demonstrates that Tomingley considers preventative controls as well as mitigating factors when managing

235、soft tissue injuries.Projects for FY25In the coming year,the WHS team intends to progress the following projects:Rollout of updated site induction A review has identified a lack of mining knowledge among new employees joining the operation.The updated site induction will cover legislative requiremen

236、ts in addition to generic mining procedures and processes to plug this knowledge gap.Rollout of Safe 2 Handle app Weve identified the need for more education around manual handling and task ergonomics(see earlier).Streamlined ERT training In FY25,the ERT training programs will be streamlined to allo

237、w the teams to reach their qualifications in a shorter timeframe.Leadership training for supervisors Tomingley will implement a program to upskill operational supervisors to enhance their people management skills,including accountability for safety and the wellbeing of the crews.In FY24,there were 2

238、1 recordable injuries at the Tomingley site:eight Lost Time Injuries(LTI)and 13 Medical Treated Injuries(MTI).The total recordable injury frequency rate(TRIFR)was 31.22,a 10%percent increase on FY23(TRIFR of 28.08).There were also 48 first aid injuries treated.Tomingley safety performanceSource data

239、FY 2022FY 2023FY 2024Tomingley TRIFR13.4428.0831.22NOTE:Tomingley has adjusted the calculation methods for the TRIFR and applied the new calculations retrospectively to FY23 and FY22.The number now represents the frequency rates per million hours to align with the NSW Metalliferous Mining average TR

240、IFR calculations.SUSTAINABILITY REPORT OUR PEOPLEAlkane Resources Annual Report 202446In July 2023,Tomingley engaged a new Employee Assistance Program(EAP)provider in Lifeline Central West,which is linked to the Lifeline charity local to Dubbo,Orange and Bathurst.The organisation has psychologists a

241、nd counsellors available 24/7 to speak with our employees or their families if needed,and a crisis team available quickly in the event of a serious incident on site.The change to a local provider has been welcomed by our employees,with the number accessing the service increasing sixfold.The Lifeline

242、 Central West team visited site and addressed every crew to build relationships and destigmatise the decision to seek counselling.Lifeline Central West also provides training in mental health first aid(MHFA)to equip individuals with greater ability to recognise the signs and symptoms of mental healt

243、h struggles and how to provide initial support.All Tomingley senior leaders completed a two-day MHFA training course,and all supervisors completed a half-day Accidental Counsellor training course.Prioritising mental healthExploration teamAlkanes exploration team undertakes an annual review of the ex

244、ploration safety management system,safe work practices,and annual safety targets.In FY24,we updated all our safety work procedures,following the safety management system review in the preceding year.During the reporting period,the exploration team had zero reportable injuries.Our targets for FY25 ar

245、e to maintain a negligible rate of injuries and to establish a training competency register.Field explorationSUSTAINABILITY REPORT OUR PEOPLE47Alkane Resources Annual Report 2024CommunitiesAlkane respects and strives to respond to the needs of all our stakeholders.We communicate with openness and in

246、tegrity and aim to leave a lasting positive legacy for our host communities.Stakeholder engagementAlkane engages regularly with a range of stakeholders.Our social licence to operate relies upon sustained positive relationships with our employees,contractors,neighbours,local Aboriginal and host commu

247、nities,government and industry bodies,and investors.Host communitiesAlkane is an active and engaged member of the communities in which we live and operate in particular Narromine Shire,Parkes Shire and the Dubbo Regional local government area in Central West New South Wales.We take a long-term and r

248、espectful approach to building and nurturing community relationships.This begins from the earliest stages of exploration and continues through project development,operations,and ultimately full site rehabilitation.DUBBOWELLINGTONPARKESNARROMINETomingleyPeak HillBodangoraTomingley Gold OperationsPeak

249、 Hill Gold MineBoda-Kaiser ProjectDUBBOREGIONALCOUNCILNARROMINESHIRECOUNCILPARKESSHIRECOUNCILMap showing NSW Shires and Alkane projectsSUSTAINABILITY REPORT COMMUNITIESAlkane Resources Annual Report 202448Dubbo Regional Local Government Area,Boda-Kaiser ProjectAlkane has been embedded in the Dubbo R

250、egional Local Government Area for more than 20 years.Over that time,our Dubbo office has provided technical and administrative support for all our activities across tenements in NSW.Our deep relationships with the Dubbo community provide a strong foundation for our ongoing exploration and potential

251、development activities.Our Boda-Kaiser Project(part of the Northern Molong Porphyry Project)lies near the historic mining village of Bodangora.Development of Boda-Kaiser would bring a long-term viable industry to Wellington,accompanied by large economic benefits and significant change to this highly

252、 productive agricultural environment.Over the past several years,we have strengthened our relationships with these communities through engagement,sponsorships and,more recently,a community newsletter.Parkes Shire,Peak Hill Gold MineAlkane has been part of the Peak Hill and Parkes Shire communities s

253、ince operating Peak Hill Gold Mine from 1996 to 2005.We still use the site to host our Central West exploration base and core yard.After three decades,we continue to nurture positive relationships and remain active in the community.The rehabilitated Peak Hill Gold Mine open cut landscape is open to

254、the public,providing a unique opportunity for visitors to learn about modern mining and land rehabilitation.We also own historic buildings in Peak Hill that are leased for very low rents to community organisations and contributed funds used to refurbish the historic Carrington Hotel.Eric Woods Park,

255、TomingleyAlkane raffle winner at the Peak Hill Show,August 2024Narromine Shire,Tomingley Gold OperationsOver more than 20 years,Alkane has earned our social licence to operate at Tomingley,evidenced by the community acceptance of our Tomingley Gold Extension Project(approved with only one objection

256、in February 2023).We have established positive cooperative relationships with the communities around Tomingley village,Dubbo and the broader Narromine Shire.Our regular engagement activities include participation on the Community Consultative Committee,publication of community newsletters,sponsorshi

257、p programs and participation in community events.49Alkane Resources Annual Report 2024SUSTAINABILITY REPORT COMMUNITIESFrom day one of our activities in Central West New South Wales,Alkane has made an effort to be present,approachable and accessible in our host communities.Our shop-front office in t

258、he Dubbo town centre is a permanent hub where community members can ask questions,provide feedback,and pick up the latest newsletter.Alkane also staffs a company booth at each of the local agricultural shows in Dubbo,Wellington and Peak Hill,where our major projects are located.Weve been a major spo

259、nsor of the Peak Hill show for almost 30 years.We believe these shows,which are widely attended community events,are an important opportunity for our team to talk to locals,receive feedback and disseminate information about projects in a casual environment.Visitors to our booth can also handle piece

260、s of ore and discover more about exploration,mining,rehabilitation activities and gold production.We value the opportunity to engage with community members and help them see Alkane as more than a faceless mining and exploration company.Present,approachable and accessible Members of the community vis

261、iting Alkanes stand at the Dubbo Show 2023.SUSTAINABILITY REPORT COMMUNITIESAlkane Resources Annual Report 202450Key community engagement activities in FY24 Tomingley Community Consultative Committee meetings August 2023,November 2023,February 2024,May 2024 Tomingley community newsletters July 2023,

262、November 2023,March 2024 Bodangora community newsletter(Boda-Kaiser)November 2023,May 2024Alkane activitiesCommunity activities and events Attended careers events Dubbo Secondary College careers day(9 May 2024)NSW Mining Careers Dinners in Dubbo(20 June 2023)and Orange(22 May 2024)Hosted visits to T

263、omingley Gold Operations Clontarf Narromine and Dubbo College Senior Campus Academies(12 April 2024)Supported shows and festivals Sponsored and staffed a booth at the Peak Hill Show(August 2023)Sponsored and staffed a booth at the Wellington Vintage Fair(2-4 March 2024)Sponsored and staffed a booth

264、at the Wellington Show,including yard dog trials(4 May 2024)Staffed a booth at the Dubbo Show(10-12 May 2024)Tomingley community consultation for Tomingley Gold Extension Project(Modification 1)July-August 2023 Presented to community organisations,including:Wellington Maranatha House Aged Care facil

265、ity(11 October 2023)Yindyamarra Healing Mens Group Wellington(May 2024)Dubbo Golf Club Veterans Tournament occasional speaker(21 Sep 2023)Sponsored Cudgegong Jump Clubs horse trials(2-3 December 2023)Attended Bodangora informal community meeting(5 February 2024),where Alkanes Managing Director talke

266、d about Boda-Kaiser Attended“Thank you”luncheon hosted by Narromine Hospital Auxiliary for funding contributions(10 May 2024)Wellington51Alkane Resources Annual Report 2024SUSTAINABILITY REPORT COMMUNITIESOther stakeholdersGovernment,industry and educationAlkane is actively engaged with key governme

267、nt and industry bodies that have oversight of mining and related activities in New South Wales.Alkane advocates for the metalliferous mining and exploration sectors via participation in the following organisations:NSW Minerals Council Alkane personnel represent the company on most of the special int

268、erest committees and working groups(including Executive,Environment&Community,Exploration and OH&S Committees;and ESG,Rehabilitation and Mine Closure,Communications and Water Working Groups).Association of Mining and Exploration Companies Alkane is a member of this peak industry body for the Austral

269、ian resources sector.Water NSW Macquarie-Cudgegong Customer Advisory Group Alkane is represented in this CAG,which provides a forum for Water NSW to consult with a broad cross-section of customers on issues relevant to performance and delivery of services.RDA Orana and Stable Group Orana Hunter Conn

270、ections and Beyond Business Case and Transport Study Alkane personnel contributed data on its projects that have linkages to Port of Newcastle.Parliamentary enquiry Alkane submitted a response to the New South Wales Parliamentary Inquiry into current and potential impacts of gold,silver,lead and zin

271、c mining on human health,land,air and water quality in New South Wales.The Legislative Council delivered its findings and recommendations on 15 December 2023(Report 63).Mayoral Developers Forum Alkane attended this forum initiated by Dubbo Regional Council to update local developers on the status of

272、 planning pipeline and future developments(19 June 2024).Alkanes exploration team shares knowledge through papers,participation in selected industry forums and field trips,and hosting visits to Alkane projects by industry and educational groups.These enable us to connect with other professionals in

273、the industry and discuss new exploration techniques and developments in the region.Activities in FY24 included:Monthly technical industry talks/meetings in Orange and Parkes run by the Central West Exploration Discussion Group(CWEDG)and the NSW branch of the Australian Institute of Geoscientists(AIG

274、).AusIMM Canberra Student Chapter visited Peak Hill Gold Mine(15 September 2023).NewGenGold conference(Perth)Alkane presented on the Boda discovery story(14-15 November 2023).NSW Minerals Councils 2024 Exploration&Tenures Forum Alkane presented on the NSW land access framework using real case studie

275、s from one of our projects(6 May 2024).Fleet Space Technologies Macquarie Arc Field Trip Alkane exploration geologists participated in this three-day event,giving short talks at Peak Hill Gold Mine and the Boda-Kaiser Project(23-25 May 2024).SUSTAINABILITY REPORT COMMUNITIESAlkane geologists discuss

276、ing NMPP geology at Kaiser during Fleet Space Technologies Macquarie Arc Field Trip.Alkane Resources Annual Report 202452Alkanes formal investor communications are complemented by a series of explanatory videos and presentations published on our website,where aspects of projects are discussed in gre

277、ater detail.Tomingley Five Year Plan webinar(June 2024)Boda-Kaiser Scoping Study webinar(July 2024)In FY24,Alkanes Managing Director and/or Executive team attended the following investor events:Australian Gold Conference(August 2023)Gold Forum Americas(September 2023)Swiss Mining Institute(November

278、2023)Corporate Storytime podcast(February 2024)Bell Potter Unearthed(February 2024)Gold Forum Europe(April 2024)Noosa Mining Investor Conference(July 2023)RIU Sydney Resources Round-up Conference(May 2024)121 Mining Investment Conference in London(May 2024)Alkane also held two investor briefing days

279、 in Sydney and Melbourne following the Annual General Meeting in November 2023.Alkane actively supports promotion of careers in earth sciences and mining.Activities in FY24 included:Australian Earth Science Education(AusEarthEd)Alkane is a sponsor of AusEarthEd,an organisation that aims to grow awar

280、eness of career opportunities in earth sciences and provide real-world context and resources for teachers and students.Teacher Earth Science Education Program Alkane sponsored the program and provided rock samples from Peak Hill for the teaching rock kits they give to schools.Geological Society of A

281、ustralia Alkane was a gold sponsor of the Earth Sciences Student Symposium(29-30 November 2023).UNSW Geoscience Society Alkane sponsored this student-run society and presented at industry night(April,July 2024).AusIMM Student Meets Industry events(Sydney,Wollongong)Alkane representatives presented a

282、n overview of graduate opportunities at Tomingley Gold Mine(29 February and 20 March 2024)We also supported three tertiary Honours students during the FY24 financial year:University of Tasmania geology Honours student(to November 2023)Alkane supported a study of the deep mineral profile at Peak Hill

283、 Gold Mine in 2023.University of New South Wales geology Honours student(to August 2024)This project investigated the Tomingley ore-bearing rocks.Alkane hosted a site visit to our core yard at Peak Hill Gold Mine,paid for laboratory costs(A$15k)and provided co-supervision and advice.University of Ne

284、w South Wales geology Honours student(commenced January 2024)This project is looking at the sulphide chemistry of the Tomingley deposits.Alkane is providing co-supervision and advice and will pay for laboratory costs(approx.A$15k)in FY25.InvestorsAlkane communicates openly with investors through ASX

285、 Announcements and investor presentations all available on our website.Following major announcements,Alkanes Managing Director often discusses the development with investment media portals,Proactive,Crux Investor and Corporate Storytime.Managing Director Nic Earner(left)and Chairman Ian Gandel at th

286、e Australian Gold Conference,August 2024.53Alkane Resources Annual Report 2024SUSTAINABILITY REPORT COMMUNITIESContributions to the economyAlkane practises safe and sustained economic development for the long-term benefit of our shareholders,employees,contractors,suppliers and host communities.Devel

287、oping resilient regional communitiesAlkane supports the development of more resilient regional communities through the establishment of permanent infrastructure,sponsorship of local events and organisations,provision of training and career opportunities to local students and residents,and the engage

288、ment of local suppliers and service providers.Since 2014,when Tomingley Gold Operations commenced production,Alkane has supported the Tomingley and broader Narromine communities via a planning agreement with Narromine Shire Council.This provides funding for community projects(via the Tomingley Commu

289、nity Fund),council environmental projects and shire road works(separate from the road realignments we will undertake as part of the Tomingley Gold Extension Project).In FY24,a total of$118,000 was awarded to a number of different projects under the Tomingley Community Fund(FY23$84,900).Supported pro

290、jects and events included new infrastructure at the Trangie Showground,the annual sponsorship of the Tomingley Picnic Races(traditionally held in April),and funding for the Narromine Business Collective to host a Rural Women in Business Luncheon,Australian Skin Cancer Foundation skin check truck vis

291、it,Dusty Boots music festival and awards,new equipment for various schools and sport clubs,festive season community events,and the Narromine Hospital Auxiliary(see page 56).The Tomingley Gold Extension Project will see the operation continue until at least 2032.This will benefit the wider community

292、in terms of continuation of employment,workforce and supplier expenditure,and community investment.The economic impact assessment estimated that 50 percent of operation costs over the life of the project are expected to be spent within the local area and 80 percent within New South Wales.The Newell

293、Highway through TomingleySUSTAINABILITY REPORT COMMUNITIESAlkane Resources Annual Report 202454SponsorshipsKey Alkane economic contributions in FY24Government payments$8M (including$5.4M in royalties)Local council payments$0.7M (rates and planning agreement)Suppliers$203.5M (63%NSW)Community sponsor

294、ships$103.5k$118kTomingley CommunityFund recipients(comes out of council planningagreement funds)$16.7kEvents(Community,education andearth science gatherings)$16kStudents(including GeologyHonours students)$70.8kOrganisations(community NFPs,local papers,earth science education)55Alkane Resources Annu

295、al Report 2024SUSTAINABILITY REPORT COMMUNITIESOver the past few years,one organisation that has benefited from the Tomingley Community Fund is the Narromine Hospital Auxiliary a volunteer-run charity that raises money to purchase much-needed equipment for Narromine Health Services.An annual fundrai

296、sing program of street stalls,raffles and a trivia night has funded items such as monitors,pressure-sensitive floor mats and toilet-commode chairs.However,with many residents heading to the larger Dubbo Hospital some 40km away,the auxiliary recognised they needed to somehow fund larger pieces of equ

297、ipment to help future-proof the hospital.In 2021,the Narromine Hospital Auxiliary discovered they could apply for the Tomingley Community Fund.They first applied for$5,000 towards a slit lamp for dealing with eye injuries,which was at the top of the hospital wishlist.Today,the slit lamp(pictured)is

298、used to diagnose and treat a wide range of eye conditions without patients needing a trip to Dubbo.The auxiliary was granted an additional$5,000 in 2022 and$15,000 in 2023 from the Tomingley Community Fund towards other equipment on the wishlist,which include infrastructure and equipment to upgrade

299、the x-ray room,a concealment transport trolley and a medical simulator.Significantly,the flow-on effect of that first 2021 grant extends far beyond the dollars and specific equipment:it has changed the ambition,community profile and energy of the entire organisation.The auxiliarys hardworking volunt

300、eers feel energised by their ability to make more of a difference.The organisation also has five new members and increased community support at events.Its annual donor day(initially conceived to thank Alkane for the slit lamp funding)now attracts significant donations from local businesses.Alkane is

301、 proud to have played a part in enhancing the services offered by Narromine Hospital for the benefit of the whole community.These outcomes align with our commitment to building more resilient regional communities.Narromine Hospital Auxiliary lifts its visionDr Andy at Narromine Health Services with

302、the slit lampAlkanes support of the Narromine Hospital Auxiliary,via the Tomingley Community Fund,has sparked a new era for this local charity.SUSTAINABILITY REPORT COMMUNITIESAlkane Resources Annual Report 202456Aboriginal engagement and cultural heritage Alkane respects the traditions and culture

303、of the Aboriginal and Torres Strait Islander Peoples of Australia.We ensure traditional custodians are engaged and consulted on heritage and land access,as per the codes and guidelines established by Heritage New South Wales.Our main operation at Tomingley lies on the traditional lands of the Upper

304、Bogan River clan group,who are members of the Wiradjuri Nation.Today the operation lies within the boundaries of the Peak Hill Local Aboriginal Land Council(PHLALC).An Aboriginal Cultural Heritage Management Plan guides the management of Aboriginal heritage sites identified within Alkanes Mining Lea

305、ses at Tomingley.The plan was developed in close consultation with several Wiradjuri Aboriginal stakeholder groups,including PHLALC.The Aboriginal Cultural Heritage Management Plan has been reviewed and updated to cover the new Mining Lease and disturbance footprint associated with the Tomingley Gol

306、d Extension Project.A total of 39 sites of Aboriginal heritage significance were identified during the Environmental Impact Assessment in 2021,of which 12 will be disturbed by the project(see page 58).We will continue to work with the local Aboriginal community to manage disturbances and protect the

307、 balance.Alkane has commenced conversations with local Aboriginal community representatives of the Wellington area,where the Boda-Kaiser Project is located.Over several years,Alkane has developed a strong relationship with the Clontarf Foundations Narromine Academy.The Clontarf Foundation exists to

308、improve the education,discipline,life skills,self-esteem and employment prospects of young Aboriginal and Torres Strait Islander men.We were a major sponsor of the foundation from 2020 to 2023 and recently entered into a new three-year sponsorship.Alkane also recently established ties with the Welli

309、ngton Yindyamarra Healing Mens Group,which is a yarning circle and drop-in centre founded by Wiradjuri man,Jeffrey Amatto.We hired our exploration rehabilitation contractor to assist with clean-up efforts at the drop-in centre site(30 May 2024).Clontarf students visited Alkanes Peak Hill core yard i

310、n August 2024.57Alkane Resources Annual Report 2024SUSTAINABILITY REPORT COMMUNITIESIn August 2023,representatives of Peak Hill Local Aboriginal Land Council(PHLALC)visited Tomingley to discuss treatment of artefacts at 12 sites of Aboriginal heritage significance that will be disturbed by the exten

311、sion project.The broad approach,determined from this consultation,is for disturbed artefacts to remain on country.On 29 February 2024,an archaeologist from OzArk Environment&Heritage recovered 12 Aboriginal artefacts from one of these sites an open scatter that will be disturbed by construction of t

312、he new highway.A representative of PHLALC attended the salvage operation.Per PHLALC wishes,the artefacts will be stored safely onsite until we can bury them as close as possible to their original location to ensure they remain on country.The timing of burial will depend on the project schedule,with

313、the final location determined in consultation with PHLALC.We continue to consult with the Aboriginal community in relation to management of the proposed disturbances.These actions are guided by the Aboriginal Cultural Heritage Management Plan.Main image:Representatives from PHLALC and Tomingley staf

314、f at one of the Aboriginal artefact scatters.(August 2023)Inset:An OzArk archaeologist recovered Aboriginal artefacts from an open scatter on project land.(February 2024)Recovery of Aboriginal artefacts SUSTAINABILITY REPORT COMMUNITIESAlkane Resources Annual Report 202458Stakeholder groupsHow we en

315、gageShareholders and investorsKey topicsEmployees and contractorsGovernment and regulators(federal,state and local)Mining and related industriesHost communitiesAboriginal and Torres Strait Islander PeoplesNGOs and special interest groupsLandholdersSuppliers ASX announcements and quarterly reports Pr

316、oactive interviews and investor briefings Video presentations Annual Report and Annual General Meeting Website Induction and training Meetings/briefings/toolboxes BBQ/pizza/food van days Internal social interactions(outside of work)Volunteer efforts Focus on residential employment Meetings,site visi

317、ts,briefings NSW Minerals Council committees and working groups(participation)Association of Mining and Exploration Companies(participation)Water NSW Macquarie-Cudgegong Customer Advisory Group(participation)Participation at industry forums Partnerships with educational institutions Sponsorship and

318、participation with Australian Earth Science Education (AusEarthEd)Community Consultative Committee (Tomingley)Community newsletters Direct engagement and briefings Investment in community infrastructure Sponsorship of community projects and events Participation in community events Meetings,site visi

319、ts,briefings Investment and partnerships Presentations and talks Meetings,contractual agreements Direct engagement and briefings Meetings,contractual agreements Local procurement where feasible Operating performance Exploration results Balance sheet Mineral Resources and Ore Reserves Sustainability

320、performance Corporate governance Health and safety performance Monthly site performance COVID-19 management Employee and contractor recognition Employee share scheme Regulatory and legal compliance Environmental performance and management Community investment Project approvals and licences Metallife

321、rous mining advocacy and feedback Metalliferous mining advocacy Technical methodologies Environmental performance and management Project development Social and economic impact Economic contributions Career opportunities Project development Culture and heritage management Project development Social a

322、nd economic impact Land access and compensation agreements Infrastructure improvements Project development Social and economic impact Health and safety requirements Modern slavery requirements Contract conditions Summary of stakeholder engagement activities59Alkane Resources Annual Report 2024SUSTAI

323、NABILITY REPORT COMMUNITIESEnvironmentAlkanes exploration,mining,processing and rehabilitation activities are carefully designed to minimise our environmental footprint and enhance biodiversity.Environmental managementAlkane takes environmental stewardship seriously not simply as a legislative requi

324、rement,but as a demonstration of integrity and the respect we have for the land and our host communities.Environmental responsibility is embedded into the design of our activities and normal business practices.TomingleyAt Tomingley Gold Operations,a comprehensive Environmental Management Strategy(EM

325、S)is underpinned by a series of site-specific environmental management plans available on our website.We are making good progress on updating these to incorporate the extension of operations to the San Antonio and Roswell resources.These need to be approved by the New South Wales Department of Plann

326、ing,Housing and Infrastructure(DPHI)prior to starting development of the new open cut.A dedicated Environmental Management team undertakes regular monitoring of air,water,noise and blasting to ensure site compliance with project approvals,licences and permits.Annual environmental reporting includes:

327、Annual Review(NSW DPHI)Annual Return(NSW EPA)Annual Rehabilitation and Biodiversity Monitoring Assessment Report(NSW DPHI)Annual Rehabilitation Forward Program&Report(NSW Resources Regulator)National Pollutant Inventory Reporting(NPI)National Emissions and Energy Report(NGER)SUSTAINABILITY REPORT EN

328、VIRONMENTAlkane Resources Annual Report 202460Air monitoring near TomingleyEnvironmental performance in FY24No noise,dust or vibration exceedances were recorded at Tomingley during the reporting period,and no complaints were received.There were zero reportable incidents.Details of Tomingleys environ

329、mental performance can be found on Alkanes website.Peak Hill Gold MineAlthough Peak Hill Gold Mine ceased operating in 2005 and the site is largely rehabilitated,it remains an active mining lease.Environmental management actions include waste management,minor soil remediation works,pest animal and w

330、eed control,monitoring and reporting.Annual environmental reporting includes:Environmental Management Report(NSW DPHI,Resources Regulator,Parkes Shire Council)Rehabilitation Management Forward Program&Report Pollution Incident Response Plan.ExplorationAlkane adheres to strict environmental protocols

331、 during all exploration activities.For surface-disturbing drilling campaigns,we complete a comprehensive“review of environmental factors”(REF)report as part of the approval process.The REF evaluates potential impacts across categories including air,water,soil and stability,noise and vibration,hazard

332、ous substances,waste and emissions,vegetation,threatened species,biodiversity,social,Aboriginal heritage,and land use(agricultural)impacts.In obtaining approval to undertake exploration activities,Alkane commits to courses of action in compliance with the information supplied.For each drilling progr

333、am,we are also required to submit rehabilitation plans and later provide evidence that the rehabilitation was successful.61Alkane Resources Annual Report 2024SUSTAINABILITY REPORT ENVIRONMENTNo noise,dust or vibration exceedances were recorded at Tomingley during FY24.Exploration at Boda-KaiserWaterAlkane recognises that water is a valuable resource we share with our communities,including towns an