Alkane Resources Limited reported Ore Reserves and Mineral Resources for the Tomingley Gold Project (TGP) which includes the Tomingley Gold Operations (Tomingley or TGO); the Roswell, San Antonio and McLeans deposits (Tomingley Gold Extension Project or TGEP) and the Peak Hill Gold Project (PHGP); and the Boda-Kaiser Deposits (Boda-Kaiser) as at 30 June 2023 in accordance with the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC 2012). All projects are located within the Central West region of New South Wales. At TGO, open pit mining ceased in 2023 and the operation transitioned to fully underground mining at Wyoming One, Caloma One and Caloma Two.

No changes were estimated for the Roswell and San Antonio deposits and an initial Resource was completed at McLeans (together the Tomingley Gold Extension Project or TGEP) and these are included with the TGP. Tomingley is operated on a residential basis with personnel residing in Dubbo, Narromine and Parkes, in the Central West of New South Wales. Extensive RC and core drilling continued at Boda and nearby Kaiser within the North Molong Porphyry Project (NMPP) facilitated an initial estimated Kaiser Inferred Resource following an Inferred Resource estimate of Boda in CY2022.

The Boda-Kaiser program is operated from the Company's main exploration base at Orange. Alkane has governance arrangements and internal controls in place with respect to its estimates of Mineral Resources and Ore Reserves and the estimation process within the Tomingley Gold Operations and evaluation projects, including: oversight and approval of each annual statement by the Technical Director; establishment of internal procedures and controls to 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.