Alchemy Resources Limited engages in the discovery, exploration, and development of mineral properties in Australia. The company explores for gold, nickel, cobalt, copper, silver, lead, zinc, lithium, and alumina deposits. It owns a 100% interest in the Karonie project covering 1,196 square kilometers located to the east of Kalgoorlie, Western Australia; the Lake Rebecca gold project covering approximately 570 square kilometers located in the Eastern Goldfields of Western Australia; and the Lachlan/Cobar Basin projects covering 674 square kilometers situated in New South Wales. In addition, it owns interests in the West Lynn and Woodsreef projects covering an area of 381 square kilometers located in New South Wales and Bryah Basin project covering an area of 584 square kilometers located to the north east of Meekatharra, Western Australia. Alchemy Resources Limited was incorporated in 2007 and is based in West Perth, Australia.

Alchemy Resources Limited

Alchemy is a Perth based exploration company with assets in the most prolific gold and copper belts of Western Australia and New South Wales. We have a dominant land holding adjacent to 2 operating gold mines and a strategic portfolio of tenements which are prospective for high grade gold and base metals.

Chatting with Ky Chow from Proactive this morning on our recent Aircore program drill results at Karonie East. We've proven that the historic holes from the 1990's didn't get deep enough and the results of 2m @ 3.79g/t Au including 1m @ 5.24g/t Au (which had visible Au logged) are a great start. The results are broadly in saprolite and we haven't tested the bedrock source yet which will be the aim of follow-up programs looking to infill the 300-600m line spacing around these results. Lots to do!. 

$ALY #exploration #gold #themoreyoudrillthemoreyoufind

https://lnkd.in/gMzp9dRN

Congrats to all our Chilli Sauce giveaway winners at #riuexplorers22 - Tayla Howard from SRK, Matthew Keane from S2 and Andy Seale from Westernex. Enjoy the Scorpion and Reaper Sauces.

Just make sure you have a glass of milk on standby for these, might be a bit #spicy #hotsauce

How good is the drilling Jack Turner?
Jack is a second year undergrad Geology student at The University of Western Australia learning the ropes with our Project Geologist Nathan Blechynden. The Bostech Drilling Australia Aircore rig is spinning out at our Karonie Gold Project, 110km east of Kalgoorlie mid-way through our 7,000m drill program. Hats off to Jack for putting himself out there and looking for vocation work - we are happy to help out and teach geo's like Jack so they have a good level of experience whilst still studying. 
#gold #exploration #themoreyoudrillthemoreyoufind

Our CEO James Wilson and Chairman Lindsay Dudfield visited the Karonie Project this week to see how work is going on our 7,000m Aircore Program out at Karonie East drilling the ~10km eastern corridor of magnetic features adjacent to the Aldiss Mining operations. Clear skies, great weather and good drilling. Bostech Drilling Australia drillers and rig doing a great job on site. 

#bostech #gold #exploration $ALY.AX #themoreyoudrillthemoreyoufind

ALY

AU:COM:ALCHEMYRESOURCES

Alchemy Resources

Last Close

0.01

25/09 00:54

Market Cap

11.00M

Beta: -

Volume Today

492.01K

Avg: -