ALK Q4 2026 Earnings Presentation

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2 Important Notices and Disclaimer This presentation is current as at 21 July 2026 and has been prepared by Alkane Resources Limited (ASX: ALK, TSX: ALK, OTCQX: ALKRY) (Alkane) based on information available to it at the time of preparing this presentation. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any security in Alkane Resources Limited (Alkane) in any jurisdiction, and neither this presentation nor anything in it shall form the basis of any contract or commitment whatsoever. This presentation should be read in conjunction with Alkane’s periodic and continuous disclosure announcements lodged with the Australian Securities Exchange (ASX) and SEDAR+. This presentation is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering of securities in Canada. No securities commission or similar authority in Canada has reviewed or in any way passed upon this presentation or the merits of any securities described herein, and any representation to the contrary is an offence. This presentation may not be released to US wire services or distributed in the United States. This presentation does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities of Alkane have not been, and will not be, registered under the US Securities Act of 1933 (Securities Act) or the securities laws of any state or other jurisdiction of the United States. Accordingly, the securities may not be offered or sold in the United States or to, or for the account or benefit of, US persons (as defined in Regulation S under the Securities Act) except in transactions exempt from, or not subject to, the registration requirements of the Securities Act and applicable US state securities laws. Information about the past performance of Alkane is given for illustrative purposes only and cannot be relied upon as an indicator of (and provides no guidance as to) future performance. Any such historical information is not represented as being and is not indicative of Alkane’s view on its future financial condition and/or performance. This presentation includes certain forward-looking statements and forecasts within the meaning of applicable securities legislation, including “forward-looking information” within the meaning of applicable Canadian securities legislation. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “continue”, and “guidance”, or other similar words and may include, without limitation, statements regarding plans, strategies and objectives of management, resources and reserves, anticipated project commencement dates, commodity prices, demand for commodities, anticipated life of projects, and expected costs or production outputs. These statements are based on expectations as of the date of the presentation. Assumptions have been made regarding, among other things: the prices of gold and antimony; continuing commercial production at Tomingley, Costerfield and Björkdal without major disruption; the receipt of required governmental approvals; the accuracy of capital and operating cost estimates; and the ability of the Company to operate in a safe, efficient and effective manner and to obtain financing as and when required and on reasonable terms. Forward-looking statements inherently involve known and unknown risks, uncertainties, and other factors outside of Alkane’s control, and actual results, performance, and achievements may differ materially from those expressed or implied by these forward-looking statements, depending on a variety of factors. Such factors include, among others, the actual market prices of gold and antimony, the actual results of current and future exploration, changes in project parameters as plans continue to be evaluated, and the other risks identified in Alkane’s periodic and continuous disclosure filings with the ASX and under Alkane’s profile on SEDAR+. Alkane makes no representation, assurance or guarantee as to the accuracy or likelihood or fulfilment of any forward-looking statement or any outcomes expressed or implied in any forward-looking statement. You should not act or refrain from acting in reliance on this presentation material. This presentation is not financial product, investment, legal, taxation or other advice, and is not a recommendation to acquire securities in Alkane. It has been prepared without taking into account the investment objectives, financial situation or particular needs of any person. You should not put undue reliance on forward-looking statements. This overview of Alkane does not purport to be all inclusive or to contain all information which its recipients may require in order to make an informed assessment of the Company or its future prospects. You should conduct your own investigation and perform your own analysis to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation before making any investment decision. To the fullest extent permitted by law, Alkane and its affiliates and their respective officers, directors, employees and agents, accept no responsibility for any information provided in this presentation, including any forward-looking information and disclaim any liability whatsoever (including for negligence) for any loss howsoever arising from any use of this presentation or reliance on anything contained in or omitted from it or otherwise arising in connection with this presentation. In addition, except as required by applicable laws, Alkane accepts no responsibility to update any person regarding any inaccuracy, omission or change in information in this presentation or any other information made available to a person, nor any obligation to furnish the person with any further information. Previously reported information and Competent / Qualified Persons The information in this presentation that relates to Mineral Resources and Ore Reserves has been extracted from the ASX announcements titled ‘NSW Resources and Reserves Statement FY25’, ‘Costerfield Resources and Reserves Statement FY25’ and ‘Björkdal Resources and Reserves Statement FY25’ all of which were released to the ASX on 15 October 2025 (Resources and Reserves Statements). The information relating to the Boda-Kaiser Scoping Study is drawn from Alkane’s ASX Announcement dated 10 July 2024. Alkane has prepared National Instrument 43-101 – Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators (NI 43-101) compliant technical reports, which support the information contained in the Resources and Reserves Statements, each of which is available on the ASX and under Alkane’s profile on SEDAR+ at www.sedarplus.ca. Those NI 43-101 reports include the ‘Boda-Kaiser Copper-Gold Project, New South Wales, Australia’ with an effective date of 6 June 2025; the ‘Tomingley and Peak Hill Gold Projects, NSW, Australia’ with an effective date of 6 June 2025; the ‘Costerfield NI 43-101 Technical Report’ dated 28 March 2025, with an effective date of 31 December 2024 and the ‘NI 43-101 Technical Report, Björkdal Gold Mine, Sweden’ dated 28 March 2025, with an effective date of 31 December 2024. Reference should be made to the full text of the technical reports for the assumptions, qualifications and limitations relating to the Mineral Resource Estimates and Ore Reserves contained therein and herein. All material assumptions and technical parameters underpinning the estimates in the technical reports continue to apply and have not materially changed. Unless otherwise advised in the announcements referenced, information in this presentation that relates to exploration results, Mineral Resources and Ore Reserves is based on information compiled by Mr Chris Davis, who is a Chartered Professional (Geology) of the Australasian Institute of Mining and Metallurgy (MAusIMM CP(Geo)), and a Member of the Australian Institute of Geoscientists (MAIG). Mr Davis has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking 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 Code).

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3 Important Notices and Disclaimer For the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101’), the scientific and technical information contained in this presentation has been prepared under the supervision of, and approved by, Mr Chris Davis, who is a “qualified person” as defined in NI 43-101. Mr Davis is employed by Alkane as Chief Geologist and, as an employee of Alkane, is not considered independent of Alkane within the meaning of NI 43- 101. Mr Davis consents to the inclusion in this presentation of the matters based on his information in the form and context in which they appear. Alkane confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcements; 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 Competent Person’s findings are presented have not been materially altered. Non-IFRS Performance Measures This presentation contains references to all-in sustaining costs, which is a non-IFRS measure and does not have a standardised meaning under IFRS. Therefore, this measure may not be comparable to similar measures presented by other companies. All-in sustaining costs include total cash operating costs, sustaining mining capital, royalty expense and accretion of reclamation provision. Sustaining capital reflects the capital required to maintain a site’s current level of operations. All-in sustaining cost per ounce of gold equivalent in a period equals the all-in sustaining cost divided by the equivalent gold ounces produced in the period. This presentation may also refer to cash costs, site operating cash flow, underlying free cash flow, cash margin and liquidity, which are also non-IFRS measures without standardised meanings under IFRS. Refer to Alkane’s Quarterly Activities Reports, available on the ASX platform and under Alkane’s profile on SEDAR+, for the composition of these measures. Gold Equivalent (AuEq) Figures Gold equivalent ounces for production, sales and guidance are calculated by multiplying quantities of gold and antimony in the period by the respective average market prices of the commodities in the period, adding the two amounts to obtain total contained value based on market price, and dividing that total contained value by the average market price of gold for the period, i.e. AuEq = ((Au Produced x Au $/oz) + (Sb Produced pre-payability x 70% payability x Sb $/t)) / (Au $/oz). Average market prices for gold and antimony are sourced respectively from the LBMA daily PM price (www.lbma.org.uk) and the Shanghai Metal Market price (www.metal.com); the prices and exchange rates applied for each relevant period are set out in the market announcement in which the relevant figures were first reported. Gold equivalent grades for exploration results are calculated on the basis set out in the announcement in which those results were first reported, including the metal prices and predicted metallurgical recoveries applied. Metallurgical recoveries for gold and antimony are well established through current and historical plant performance. Antimony is recovered into a gold-antimony concentrate and sold under existing offtake arrangements. It is the Company’s opinion that all of the elements included in the metal equivalent calculations have a reasonable potential to be recovered and sold. Mineral Resources and Ore Reserves Mineral Resources that are not Ore Reserves do not have demonstrated economic viability. Inferred Mineral Resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorised as Ore Reserves, and there is no certainty that Inferred Mineral Resources will be converted to Ore Reserves. Production targets and guidance referred to in this presentation are underpinned by estimated Ore Reserves and Mineral Resources prepared by Competent Persons in accordance with the JORC Code. Boda-Kaiser Scoping Study The Boda-Kaiser Scoping Study referred to in this presentation was reported in Alkane’s ASX announcement dated 10 July 2024. The Scoping Study is based on low-level technical and economic assessments and is insufficient to support the estimation of Ore Reserves or to provide assurance of an economic development case at this stage; there is no certainty that the conclusions of the Scoping Study will be realised. Alkane confirms that all material assumptions underpinning the production target and forecast financial information derived from the production target in that announcement continue to apply and have not materially changed. Canadian Continuous Disclosure Alkane is a “designated foreign issuer” as defined in National Instrument 71-102 – Continuous Disclosure and Other Exemptions Relating to Foreign Issuers of the Canadian Securities Administrators and is subject to the foreign regulatory requirements of the ASX and the Australian Securities and Investments Commission, including the ASX Listing Rules and the Corporations Act 2001 (Cth), rather than certain Canadian continuous disclosure requirements that would otherwise apply to it as a reporting issuer in Canada. Third Party Information Certain information in this presentation may have been obtained from research, surveys or studies conducted by third parties, including industry or general publications. Neither Alkane nor its representatives have independently verified any such market or industry data provided by third parties or industry or general publications. Currency and Rounding All dollar figures in this presentation are expressed in Australian dollars (A$) unless otherwise stated. Figures, amounts, percentages, prices, estimates and calculations may be subject to the effect of rounding, and totals may not sum as a result.

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4 Q&A Nic Earner MANAGING DIRECTOR AND CEO Jim Carter CHIEF FINANCIAL OFFICER Speakers

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 5 Q4 & FY2026: Highlights 1. Gold equivalent ounces calculated by multiplying quantities of gold and antimony in period by respective average market price of commodities in period, adding the two amounts to get ‘total contained value based on market price’ and dividing that total contained value by the average market price of gold in period. I.e., AuEq = ((Au Produced x Au $/oz) + (Sb Produced pre-payability x 70% payability x Sb $/t)) / (Au $/oz). The average market prices for the June quarter were A$6,349/oz Au (being the average of the daily PM price, sourced from www.lbma.org.uk) and A$30,675/t Sb (being the average Shanghai Metal Market Price sourced from www.metal.com), using an AUD:USD exchange rate of 0.7098. Metallurgical recoveries for gold and antimony are well established through current and historical plant performance, with actual quarterly recoveries set out on slide 8 of this presentation. Antimony is recovered into a gold-antimony concentrate and sold under existing offtake arrangements. It is the Company’s opinion that all of the elements included in the metal equivalent calculation have a reasonable potential to be recovered and sold. Gold equivalent ounce is a non-IFRS performance measure with no standard definition under IFRS, for more details refer to the Non-IFRS Performance Measures section at the end of the Q4 2026 Quarterly Report announcement. 2. As the merger with Mandalay Resources completed on 5 August 2025, Alkane’s FY2026 statutory reported production reflects production from Costerfield and Björkdal only from that date. See ALK announcement dated 9 Sep 2025 and titled ‘Alkane Announces Financial Year 2026 Guidance’. 3. A$ to US$ exchange rate of 0.7000 is used throughout this presentation (other than in respect of FY2026 guidance). 4. Subject to completion of the audit, satisfaction of the section 254T dividend tests under the Corporations Act, and final Board confirmation. No assurance can be given that any dividend will be declared, or as to the final quantum or timing of any dividend that is declared. Q4 FY2026 Production 42.5 koz AuEq 1 FY2026 Record Production 168.3 koz AuEq 1,2 Achieved top end of FY 2026 production and met cost guidance Q4 Cash Flows from Operations A$174 million (US$122 million)3 Cash, bullion & investments A$454 million (US$318 million)3 Proposed fully franked dividend of 2 cents per share for FY26 4

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 6 Q4 & FY2026: Consolidated Operations Record Year of Production (a) Includes 3 months from Tomingley, Costerfield and Björkdal (b) Includes 12 months from Tomingley + 11 months from Costerfield and Björkdal Q4 2026 a Q3 2026 a FY 2026 b Tonnes ore mined (t) 700,996 620,121 2,381,938 Mined ore - Gold grade (g/t) - Antimony grade (%) 2.30 1.37 2.33 1.12 2.32 1.08 Processed ore (t) 693,607 674,011 2,622,283 Processed ore – milled grade - Gold (g/t) - Antimony (%) 2.07 1.40 2.40 1.21 2.15 1.09 Recovery - Gold (%) - Antimony (%) 89.50 91.10 91.38 85.93 89.97 86.85 Gold Eq. production (oz) 1 42,491 45,776 162,440 1. Refer to slide 4 of this presentation for the calculation of gold equivalent ounces Q3 2026 ended 31 March 2026; Q4 2026 & FY2026 ended 30 June 2026 Achieved top end of FY2026b guidance of 155 – 168 koz AuEq1

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 7 Q4 & FY2026: Tomingley (Australia) High-performing gold mine positioned for growth Q4 2026 a Q3 2026 a FY 2026 b Processed ore (t) 325,689 314,997 1,274,507 Processed ore – milled grade gold (g/t) 2.27 2.41 2.33 Recovery gold (%) 87.66 90.11 88.53 Gold production (oz) 20,896 21,652 82,973 AISC1 (A$/oz) $2,481 $2,444 $2,429 AISC1 (US$/oz)2 $1,737 $1,711 $1,700 Operating cash flow (m) $76 $54 $232 Newell Highway works – looking east (a) Includes 3 months from Tomingley (b) Includes 12 months from Tomingley 1. Non-IFRS term. Refer to slide 2 for more information. 2. A$ to US$ exchange rate of 0.7000 is used. Q3 2026 ended 31 March 2026; Q4 2026 & FY2026 ended 30 June 2026 FY2026 guidance • Exceeded productionguidance of 75 –80 koz Au • Met AISCguidance of $2,300 - $2,550 per oz

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 8 Q4 & FY2026: Björkdal (Sweden) Long-life underground and open cut gold mine Q4 2026 a Q3 2026 a FY 2026 b Processed ore (t) 331,477 323,417 1,218,334 Processed ore – milled grade gold (g/t) 1.08 1.52 1.16 Recovery gold (%) 85.61 90.43 87.41 Gold production (oz) 9,935 12,433 38,243 AISC1 (A$/oz) $4,184 $3,699 $3,979 AISC1 (US$/oz)2 $2,929 $2,589 $2,785 Operating cash flow (m) $48 $55 $156 (a) Includes 3 months from Björkdal (b) Includes 11 months from Björkdal 1. Non-IFRS term. Refer to slide 2 for more information. 2. A$ to US$ exchange rate of 0.7000 is used. Q3 2026 ended 31 March 2026; Q4 2026 & FY2026 ended 30 June 2026 FY2026 guidance • Met productionguidance of 37 – 40 koz Au b • BelowAISCguidance of $4,050 - $4,450 per oz

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 9 Q4 & FY2026: Costerfield (Australia) One of the world’s highest-grade gold & antimony mines Q4 2026 a Q3 2026 a FY 2026 b Processed ore (t) 36,441 35,598 129,442 Processed ore – milled grade - Gold (g/t) - Antimony (%) 9.32 1.40 10.21 1.21 9.72 1.09 Recovery - Gold (%) - Antimony (%) 95.2 91.1 93.6 86.0 94.0 86.9 Production - Gold (oz) - Antimony (t) - AuEq (oz) 1 10,117 456 11,659 10,584 377 11,691 37,134 1,224 41,225 AISC2 (A$/oz) $2,568 $2,521 $2,462 AISC2 (US$/oz)3 $1,798 $1,765 $1,723 Operating cash flow (m) $50 $80 $179 (a) Includes 3 months from Costerfield; (b) Includes 11 months from Costerfield 1. Refer to slide 4 of this presentation for the calculation of gold equivalent ounces 2. Non-IFRS term. Refer to slide 2 for more information. 3. A$ to US$ exchange rate of 0.7000. Q3 2026 ended 31 March 2026; Q4 2026 & FY2026 ended 30 June 2026 FY2026 guidance • Met gold production guidance of 37 – 41 koz Aub • Exceeded antimony production guidance of 750 –850 tb • Met AISCguidance of $2,400 - $2,650 per oz

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 10 Exploration: Tomingley Resource Expansion 1 2 Extension testing at: Caloma Roswell South Roswell – Wyoming 1 2 3 4 3 Regional targets at: Wyoming Three Patrons Tomingley One Tomingley Two Glen Isla 4 4 4 4

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 11 Exploration: Björkdal (Sweden) FY26 Exploration Focus: Resource Expansion North Zone infill and extension drilling results 1 included: • 31.5 g/t gold over 0.85 m • 25.2 g/t gold over 0.60 m Eastern Zone infill and extension drilling results 1 included: • 86.1 g/t gold over 1.25 m • 81.3 g/t gold over 4.40 m Storheden resource depth extension Norrberget resource extension 1 2 3 4 1 Storheden Resource Norrberget Resource 2 3 4 1. Refer to ALK Announcement dated 9 July 2026 titled ‘Björkdal – Near Mine Exploration Update” Björkdal Mine: underground development North Zone Eastern Zone Björkdal Mine: open pit

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 12 Exploration: Costerfield (Australia) FY26 Exploration Focus: Resource Expansion True Blue – Recent high-grade infilling drill results 1 increased confidence of the complex veining system to development. Step-out testing of the 4km True Blue surface geochemical anomaly. Extension drilling of the Kendall Resources yielded recent high-grade gold and antimony results. 2 Infill and extension drilling around the 2025 high grade discovery of Brunswick South. Extension Drilling of the Sub King Cobra resources below the Cuffley mine. Testing the potential for Sunday Creek Style mineralisation to the north of Costerfield beneath historic mines. 1 2 3 4 5 6 Youle and Shepherd Workings Brown’s Corridor 2.5km of shallow workings with significant grades drilled in 2021 and 2022 Augusta Portal and Mine Brunswick Portal and Processing Facility Antimony Creek Corridor 4km of shallow workings and surface geochemical signature 5km1km 2.5km 1 2 2 3 4 5 6 True Blue Corridor 4+km of shallow workings and geochemical signature Central Corridor 6km of Historic and Current workings 1. Refer to ALK Announcement dated 6 July 2026 titled ‘Costerfield – True Blue Exploration Update” 2. Refer to ALK Announcement dated 25 February 2026 titled ‘Alkane Advances Near-Mine Kendal Deposit with High Grade Antimony-Gold Intercepts at Costerfield’

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 13 Exploration: Northern Molong Porphyry Project Encompasses Boda-Kaiser Boda 4 – Exploring for potential southern extensions to the Boda 2 -3 deposit for new Au-Cu porphyry centres. Drill testing the prospective geology between Boda and Kaiser for new high-grade Au-Cu hydrothermal centres. Extension drilling immediately south of the Kaiser Resource. Drill testing through the IP chargeability target associated with phyllic alteration for Au-Cu porphyry mineralisation at Driell Creek. Further drill testing of the monzonite hosting Au-Cu mineralisation at Glen Hollow. Previous drilling includes: • COMRC009 - 45m grading 0.87g/t Au, 0.24% Cu. 1 Testing an IP chargeability response from the 2024 survey within the Comobella Intrusive Complex at Haddington. Historical drilling includes: • NKRC3 - 18m grading 0.95g/t Au, 0.15% Cu. 1 Airborne Mobile Magneto-Telluric (MMT) survey over the northern half of the NMPP to identify new conductors hidden beneath the Gunnedah Basin as possible sulphide mineralisation. 1 2 3 4 5 6 7 Boda-Kaiser MRE 796Mt @ 0.33g/t Au, 0.18% Cu2 1 2 3 4 5 6 7 1. Refer to ALK Announcement dated 19 September 2011 titled ‘Dubbo Project DFS Delivers Very Robust Financial Results’ 2. Refer to ALK Announcement dated 15 October 2025 titled ‘NSW Resources and Reserves Statement FY25’. Details of all resources and reserves follow in the Appendix, including in relation to calculation of metal equivalents (refer p23-29).

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 14 Q4 & FY2026: Financial Highlights Financial strength to deliver growth Australian dollar unless otherwise noted Q4 2026 a Q3 2026 a YTD FY 2026 b Revenue (m) $257.5 $274.4 $935.8 Gold price realised (per oz) -A$ -US$1 $5,442 $3,809 $6,315 $4,421 $5,664 $3,965 Antimony price realised (per tonne) -A$ -US$1 $24,276 $16,993 $34,394 $24,076 $32,032 $22,422 AISC 3/ oz AuEq2 - A$ - US$1 $3,011 $2,108 $2,928 $2,015 $2,907 $2,035 Capex – sustaining (m) $20.9 $24.3 $80.5 Capex – growth (m) $20.4 $9.3 $45.2 Exploration expenses (m) $10.9 $9.5 $34.1 1. A$ to US$ exchange rate of 0.7000. 2. Refer to slide 4 of this presentation for the calculation of gold equivalent ounces. 3. Non-IFRS, refer to slide 2 for more details. (a) Includes 3 months from Tomingley, Costerfield and Björkdal (b) Includes 12 months from Tomingley + 11 months from Costerfield and Björkdal Q3 2026 ended 31 March 2026; Q4 2026 & FY2026 ended 30 June 2026

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 15 Q4 FY2026: Cash Flows Strong financial position supports growth plans • Cash, bullion and liquid investments of $454 million. • Available liquidity of $549 million. • Alkane’s three mines generated a record $174 million of operating cash flows. • Positioned to pay proposed inaugural dividend. Post tax cash build of $104 million

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 16 Achieved FY2026 Goals FY26 Deliverables Meet guidance and consolidate costs Expand mineral resources Tomingley – deliver growth projects (Newell Highway) Costerfield – progress permitting and development to True Blue Björkdal – open new mining areas and lift mining rate to lower costs Boda-Kaiser – progress environmental studies to project approval application Corporate – grow balance sheet and identify inorganic growth opportunities

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 17 FY2027: Positioned for Growth FY27 Deliverables Meet production guidance of 163–177 koz AuEq1 and AISC guidance of $2,900 - $3,200/AuEq1 oz2 Invest in mine life extensions Tomingley – deliver growth projects (Newell Highway) Costerfield – exploration and Brunswick South development Björkdal – integrate Nylunds open cut, commence Storheden development Boda-Kaiser – progress environmental studies to project approval application Corporate –pay inaugural dividend and identify inorganic growth opportunities 1. Refer to slide 4 of this presentation for the calculation of gold equivalent ounces. 2. For 2027 guidance, refer to ASX announcement dated 21 July 2026 titled “FY26 Production Delivered, Record Cash, Dividend Proposed”.

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18 Q&A Nic Earner MANAGING DIRECTOR AND CEO Jim Carter CHIEF FINANCIAL OFFICER Q&A

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19 Contact information ASX: ALK TSX: ALK OTCQX: ALKRY Natalie Chapman Corporate Communications Manager +61 8 9227 5677 info@alkres.com @alkane-resources-ltd @alkaneresources alkres.com

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20 Appendix RESERVES AND RESOURCES STATEMENTS

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 21 Tomingley Reserves and Resources Statement1 Tomingley Operations – Mineral Resources (at 30 June 2025) Deposit Measured Indicated Inferred Total Tonnes (kt) Grade (g/t Au) Tonnes (kt) Grade (g/t Au) Tonnes (kt) Grade (g/t Au) Tonnes (kt) Grade (g/t Au) Gold (koz) Open Pittable Resources (cut-off 0.4g/t Au) San Antonio 0 0.0 5,930 1.8 1,389 1.3 7,319 1.7 406 Sub Total 0 0.0 5,930 1.8 1,389 1.3 7,319 1.7 406 Underground Resources (cut-off 1.3g/t Au) Wyoming One 1,033 2.7 636 2.2 104 2.1 1,772 2.5 140 Wyoming Three 46 2.2 24 2.0 20 1.9 90 2.1 6 Caloma One 598 2.2 795 2.1 17 1.5 1,410 2.2 98 Caloma Two 368 2.3 1,499 2.3 362 2.0 2,229 2.3 162 Roswell 2,649 2.9 2,487 2.6 408 1.9 5,544 2.6 476 McLeans 870 2.5 870 2.5 70 Sub Total 4,694 2.7 5,441 2.4 1,781 2.2 11,915 2.5 952 TOTAL 4,694 2.7 11,371 2.1 3,170 1.8 19,234 2.2 1,358 Tomingley Operations – Ore Reserves (at 30 June 2025) Deposit Proved Probable Total Tonnes (kt) Grade (g/t Au) Tonnes (kt) Grade (g/t Au) Tonnes (kt) Grade (g/t Au) Gold (koz) Open Pittable Reserves (cut-off 0.4g/t Au) San Antonio 0 0.0 4,100 1.6 4,100 1.6 214 Stockpiles 314 1.1 0 0 314 1.1 11 Sub Total 314 1.1 4,100 1.6 4,414 1.6 225 Underground Reserves (cut-off 1.3g/t Au and 1.6g/t for Roswell) Wyoming One 26.4 1.8 1 1.2 27 1.8 2 Caloma One 134.7 1.7 337.4 1.5 472 1.6 24 Caloma Two 38.4 1.5 936.2 1.7 975 1.7 53 Roswell 2,365 2.3 2,109 2.1 4,474 2.2 316 Sub Total 2,564 2.3 3,383 1.9 5,948 2.1 396 TOTAL 2,878 2.1 7,483 1.7 10,362 1.9 621 1. Refer to ALK Announcement dated 15 October 2025 titled ‘NSW Resources and Reserves Statement FY25’. Peak Hill Gold Project – Mineral Resources (at 30 June 2025) Deposit Resource Category Cut-Off Tonnes (Mt) Gold Grade (g/t) Gold Metal (koz) Copper Metal (%) Proprietary U/G Inferred 2g/t Au 1.02 3.29 108 0.15 TOTAL 1.02 3.29 108 0.15

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 22 Costerfield Reserves and Resources Statement1 1. Refer to ALK Announcement dated 15 October 2025 titled ‘Costerfield Resources and Reserves Statement FY25’. Category Tonnes (kt) Au (g/t) Sb (%) Au (koz) Sb (kt) Costerfield Operations – Mineral Resources (at 30 June 2025) Measured - UG 387 13.1 3.7 162 14.4 Measured - Stockpile 41 5.6 0.7 7 0.3 Indicated 735 5.5 2.0 131 15.0 Total M+I 1,162 8.0 2.6 300 29.7 Inferred - Costerfield 392 5.5 1.3 69 5.2 Inferred - True Blue 145 13.1 3.1 61 4.5 Total Inferred 537 7.5 1.8 130 9.7 Total Resources (M+I+I) 1,700 7.9 2.3 431 39.4 Costerfield Operations – Ore Reserves (at 30 June 2025) Proved - Stockpile 41 5.6 0.7 7.4 0.3 Proved - Costerfield UG 255.7 11.6 2.4 95.6 6.1 Total Proved 296.7 10.8 2.1 103.0 6.4 Probable 240.4 6.0 1.8 46.1 4.2 Total Proved and Probable 537.1 8.7 2.0 149.5 10.7 Resources 1. The Mineral Resource is estimated as at 31 Dec 2024 with depletion through to 30 June 2025. 2. The Mineral Resource is stated according to JORC (2012) and is wholly inclusive of Ore Reserves. 3. Tonnes are rounded to the nearest thousand; contained gold (oz) is rounded to the nearest thousand; contained antimony (t) is rounded to nearest hundred. 4. Totals may appear different from the sum of their components due to rounding. 5. 4.3 g/t AuEq cut-off grade over a minimum mining width of 1.2 m is applied where AuEq is calculated using the formula: AuEq = Au g/t + 2.39 × Sb %. 6. The AuEq factor of 2.39 is calculated at a gold price of US$2,500/oz, an antimony price of US$19,000/t, and recoveries of 91% Au and 92% Sb. The AuEq factor of 2.39 is calculated at a gold price of US$2,500/oz, an antimony price of US$19,000/t, and recoveries of 91% Au and 92% Sb. The recoveries of antimony and gold used in the calculation of gold equivalents are based on recent performance of the ores through the Costerfield processing facility. Alkane considers the elements included in the metal equivalents calculation have a reasonable potential to be recovered and sold. 7. Veins were diluted to a minimum mining width of 1.2 m before applying the cut-off grade, and peripheral mineralisation far from current development was excluded to comply with reasonable prospects for eventual economic extraction (RPEEE) criteria. 8. The stockpile Mineral Resource is estimated based upon surveyed volumes supplemented by production data. Reserves 1. The Ore Reserve is estimated as at 31 De 2024 and then depleted for production through to 30 June 2025. 2. Tonnes are rounded to the nearest thousand; contained gold (oz) is rounded to the nearest thousand; contained antimony (t) is rounded to nearest hundred. 3. Totals may appear different from the sum of their components due to rounding. 4. Lodes have been diluted to a minimum mining width of 1.5 m for stoping and 2.0 m for ore development. Unplanned dilution values are added to this with zero grade for Au and Sb for final grades. 5. A sustaining cut-off grade of 5.6 g/t AuEq is applied. An incremental cut-off grade of 3.2 g/t AuEq is applied where mining rates do not meet mill capacity and the life of the mine is not extended. 6. Commodity prices applied are a gold price of US$2,100/oz, antimony price of US$16,000/t and exchange rate US$:A$ of 0.68. 7. AuEq is calculated using the formula: AuEq = Au g/t + (1.55 × Sb %). 8. The Ore Reserve is a subset, a Proved and Probable only schedule, of a LOM plan that includes mining of Measured, Indicated and Inferred Resources.

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 23 Björkdal Reserves and Resources Statement1 1. Refer to ALK Announcement dated 15 October 2025 titled ‘Björkdal Resources and Reserves Statement FY25’. Björkdal Gold Mine – Mineral Resources (at 30 June 2025) Deposit Measured Indicated Inferred Total Tonnes (kt) Grade (g/t Au) Tonnes (kt) Grade (g/t Au) Tonnes (kt) Grade (g/t Au) Tonnes (kt) Grade (g/t Au) Gold (koz) Open Pittable Resources Björkdal 0 0.0 4,130 1.61 6,666 1.09 10,796 1.28 446 Norrberget 0 0.0 221 2.76 96 5.36 317 3.63 37 Sub Total 0 0.0 4351 1.67 6,762 1.15 11,113 1.35 483 Underground Resources Björkdal 1,033 2.56 13,675 2.41 3,178 2.11 17,886 2.37 1,360 Storheden 0 0.0 0 0.0 1,769 1.74 1,769 1.74 99 Sub Total 1,033 2.56 13,675 2.41 4,947 1.98 19,655 2.31 1,459 Stockpile Resources Björkdal 0 0.0 1,287 0.59 0 0.0 1,287 0.59 24 TOTAL 1,033 2.56 19,313 2.12 11,709 1.50 32,055 1.91 1,967 Björkdal Gold Mine – Ore Reserves (at 30 June 2025) Deposit Proved Probable Total Tonnes (kt) Grade (g/t Au) Tonnes (kt) Grade (g/t Au) Tonnes (kt) Grade (g/t Au) Gold (koz) Open Pittable Reserves Björkdal 0 0.0 5,325 1.05 5,325 1.05 180 Norrberget 0 0.0 161 2.72 161 2.72 14 Sub Total 0 0.0 5,486 1.10 5,486 1.10 194 Underground Reserves Björkdal 848 1.54 5,427 1.62 6,275 1.61 325 Stockpile Reserves Björkdal 0 0.0 1,287 0.59 1,287 0.59 24 TOTAL 848 1.54 12,200 1.28 13,048 1.29 543 Notes: 1. Mineral Resources are estimated using drill hole and sample data as of 30 Sep 2024 and account for production to 30 June 2025. 2. Mineral Resources are inclusive of Ore Reserves. 3. Mineral Resources are estimated using an average gold price of US$2,500/oz and an exchange rate of 10.35 SEK/US$. 4. High gold assays were capped to 30 g/t Au for the Björkdal open pit mine. 5. High gold assays for the underground mine were capped at 60 g/t Au for the first search pass and 40 g/t Au for subsequent passes. 6. High gold assays at Norrberget were capped at 24 g/t Au. 7. Interpolation was by inverse distance cubed (ID3) utilising diamond drill, reverse circulation, and chip channel samples. 8. Open pit Mineral Resources are constrained by open pit shells and estimated at a cut-off grade of 0.17 g/t Au for Björkdal and 0.27 g/t Au for Norrberget. 9. Underground Mineral Resources are estimated at a cut-off grade of 0.71 g/t Au. 10.A nominal 2.5 m minimum mining width was used to interpret veins. 11.Reported Mineral Resources are depleted for previously mined underground development and stopes and exclude remnant material. 12.Stockpile Mineral Resources are based upon surveyed volumes supplemented by production data. 13.Numbers may not add due to rounding. Notes: 1. Björkdal Mineral Reserves estimated using drill hole and sample data as of 30 Sepr 2024 and depleted for production to 30 June 2025. 2. Norrberget Mineral Reserves are based on a data cut-off date of 30 Sep 2024. 3. Open Pit Mineral Reserves for Björkdal are based on mine designs carried out on an updated resource model, applying a block dilution of 100% at 0.0 g/t Au for blocks above 1.0 g/t Au and 100% at in situ grade for blocks below 1.0 g/t Au but above a cut-off grade of 0.2 g/t Au. The application of these block dilution factors is based on historical reconciliation data from 2018 and 2019. A marginal cut-off grade of 0.2 g/t Au was applied to estimate open-pit Mineral Reserves. 4. Open Pit Mineral Reserves for Norrberget are based on 25% dilution at 0.0 g/t Au and a cut-off grade of 0.32 g/t Au. 5. Underground Mineral Reserves are based on mine designs carried out on the updated resource model. Minimum mining widths of 3.1 m for stopes (after dilution) and 4.6 m for development (after dilution) were used. Stope dilution was applied by adding 0.25 m on each side of stopes as well as an additional 25% sidewall over break dilution. Dilution factors of 20% for ore drives and 10% for capital development were applied to the development design widths. Mining extraction was assessed at 95% for contained ounces within stopes and 100% for development. A cut- off grade of 0.85 g/t Au was applied to material mined within stopes. An incremental cut-off grade of 0.2 g/t Au was used for development material. 6. Stockpile Mineral Reserves are based upon surveyed volumes supplemented by production data as of 30 June 2025. 7. Mineral Reserves are estimated using an average long-term gold price of US$2,100/oz for Björkdal and Norrberget, and an exchange rate of 10.35 SEK/US$. 8. Tonnes and contained gold are rounded to the nearest thousand. 9. Totals may not sum due to rounding.

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ALKANE RESOURCES | ASX:ALK | TSX:ALK | OTCQX: ALKRY 24 Boda-Kaiser Reserves and Resources Statement1 1. Refer to ALK Announcement dated 15 October 2025 titled ‘NSW Resources and Reserves Statement FY25’. The metal equivalent calculation formula is AuEq(g/t) = Au(g/t) + (Cu%/100) *31.1035 * copper price ($/t) / gold price ($/oz). The 12-month average metal prices (as at the relevant time) were used 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% Au for Boda, and at 81% Cu and 71% Au for Kaiser from metallurgical studies. Alkane considers the elements included in the metal equivalents calculation to have a reasonable potential to be recovered and sold. Deposit Indicated Inferred Total Metal Tonnes (Mt) Au (g/t) Cu (%) Tonnes (Mt) Au (g/t) Cu (%) Tonnes (Mt) AuEq1 (g/t) Au (g/t) Cu (%) AuEq1 (Moz) Au (Moz) Cu (Mt) Open Pittable Resources (cut-off 0.3g/t AuEq) Boda 191 0.36 0.17 42 0.29 0.16 233 0.58 0.35 0.17 4.31 2.62 0.39 Kaiser 179 0.27 0.20 10 0.29 0.14 189 0.54 0.27 0.19 3.28 1.64 0.37 Sub Total 370 0.32 0.18 52 0.29 0.16 422 0.56 0.31 0.18 7.59 4.26 0.76 Underground Resources (cut-off 0.4g/t AuEq) Boda 151 0.34 0.20 198 0.34 0.18 350 0.59 0.34 0.18 6.63 3.78 0.65 Kaiser 16 0.30 0.22 8 0.36 0.20 24 0.61 0.32 0.21 0.46 0.24 0.05 Sub Total 167 0.34 0.20 206 0.34 0.18 374 0.59 0.34 0.18 7.09 4.02 0.70 TOTAL 537 0.32 0.19 258 0.33 0.18 796 0.58 0.33 0.18 14.7 8.28 1.46

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