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ASX:ALY

Alchemy Resources Limited

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Market:
ASX
Market Cap:
$9.41 m
Price
0.01 AUD
Change
0.00%
52 weeks high
0.03
52 weeks low
0.01

In brief

Alchemy Resources Limited (ASX:ALY) is an Australian exploration company focused on the discovery and development of gold, base metals and nickel-cobalt resources.

The company has built a large land package in the Carosue Dam-Karonie greenstone belt in the Eastern Goldfields of Western Australia, one of the nation’s premier gold provinces, and has an 80% interest in projects in the Lachlan/Cobar Basin in New South Wales.

The latter incorporates copper-gold porphyry assets, including large-scale Cadia lookalike targets at Yellow Mountain with solid broad intercepts while nearby Overflow has returned high-grade gold-copper-zinc, including intercepts such as 7 metres at 6.7 g/t gold, 1.0% zinc and 0.3% copper.

Snapshot

  • Alchemy Resources says eureka with maiden 111,000-ounce gold resource at Karonie, shares up
  • Alchemy Resources welcomes maiden resource at Karonie gold project