Company
Alchemy Resources Limited
ASX:ALY
Alchemy Resources Limited is an Australian gold, base metal, and nickel-cobalt exploration company focused on growth through the development of high quality exploration projects within Australia. The company's vision is to build a portfolio of quality mineral resources through innovative exploration and strategic acquisition, with the aim of realising value to shareholders through the mining or sale of mineral discoveries.
74 stories
Alchemy Resources defines multiple pegmatite zones in completed Karonie RC drilling
Visual results and geochemical logging have confirmed the company’s interpretation of a substantial system developing at depth at Hickory and to the north under shallow alluvial cover.
Alchemy Resources sets RC drill spinning in maiden lithium focused campaign at Karonie
"The initial program is planned to test the high-priority lithium targets at the Cherry and Hickory prospects with planning for follow-up programs already underway. This initial phase of lithium-focused drilling is a major milestone as we m
Alchemy Resources to accelerate multi-element exploration with $5.5 million placement
The company can hit the ground running at its high-priority lithium assets at Karonie and Lake Rebecca, as well as the advanced suite of base and battery metals projects in NSW.
Alchemy Resources wins ballot for lithium-prospective exploration licence at Karonie Lithium and Gold Project
“The acquisition of this tenement builds on our footprint of highly prospective and strategic tenure which sits in proximity to some of the most prolific lithium and gold projects in Western Australia,” said CEO James Wilson.
Alchemy Resources infill soil sampling at Karonie highlights lithium anomalism
Results show coherent and coincident lithium, beryllium, niobium, tin, tantalum and rubidium across three areas. “We view this as just the start of a significant lithium exploration campaign for Alchemy over our large 100%-owned tenure,” sa
Alchemy Resources' first pass soil assessment identifies belt-scale lithium potential at Karonie
Results from 1,471 soil samples taken along the prospective Goldilocks Trend over a 60-kilometre strike length showed broad, coherent and coincident beryllium, rubidium and tin anomalism as well as associated lower-level lithium and tantalu
Alchemy Resources executes native title agreements at Karonie and Lake Rebecca
All exploration on the properties will take place with the Traditional Owner’s knowledge and fully informed consent.
Alchemy Resources unearths promising pathfinder elements in samples from the Karonie Project in WA
“The detailed mapping and rock chip results have identified strong chemical zonation within the 7.3-kilometre x 1.5-kilometre target area at Cherry-Hickory-Pecan,” CEO James Wilson said.
Alchemy Resources ticks off multiple lithium and gold milestones at Karonie
The company continues to make good progress with an accelerated exploration program at the 100%-owned Karonie gold and lithium project.
Alchemy Resources maps several more lithium-prospective pegmatite clusters at the Karonie Project in WA
CEO James Wilson says the company is exploring in exactly the right spot: "Our next steps will be the commencement of infill soils and detailed structural mapping due to start imminently to zero in on target zones for drilling later this ye
Alchemy Resources surges encouraged by multiple lithium and pathfinder anomalies at Karonie
“The geochemical review reaffirms the prospectivity of our large tenement package at Karonie in what has historically only ever seen gold and base metals exploration, says CEO.
Alchemy Resources eyes gold target trifecta in phase three Karonie drill program
“Overall, our activities are proceeding in line with our 2022 objectives, testing existing walk-up and advanced stage targets at Karonie,” says CEO.
Alchemy Resources' drilling outlines new gold system at Karonie East
The newly defined system is to the east of Silver Lake Resources Ltd’s Harkonnen target, which displays similar characteristics and is defined by a low-grade footprint of >100-200ppb gold over a 5-kilometre strike length.
Alchemy Resources JV partner Heron Resources set to be acquired in April
The proposed acquisition is set to be completed in April this year, with Alchemy looking forward to the move and working with Develop on the Lachlan Projects to deliver value for all stakeholders.
Alchemy Resources unearths visible gold amid Karonie East aircore campaign
“Our early indications show that we are finding mineralisation in areas that were passed over by previous explorers,” says CEO James Wilson.
Alchemy Resources moves forward with lithium-focused drilling at Karonie Lithium-Gold Project
James Wilson, who took over the reins in 2021 at what has been described as an exciting time for the company, said the exploration timeline was very much on target and it plans on “ramping up activities” next quarter on multiple fronts.
Alchemy Resources initiates review of battery metals and alumina assets in line with strong prices
“The review of the West Lynn Project is particularly exciting since nickel prices are at an 11-year high, and high purity alumina is a key component in lithium batteries," says CEO.
Alchemy Resources sets drills spinning at Karonie, testing multiple gold targets
The high-resolution magnetics flown in late 2021 highlighted numerous targets which pin-pointed high tenor structures in proximity to existing open pit mines. The previous holes, which were drilled over 20 years ago, did not penetrate the y
Alchemy Resources has stage set for busy 2022 across gold and base metals projects
Drilling is planned to begin this month at the Karonie Gold Project with drilling and other exploration also planned at the Yellow Mountain and Lake Rebecca projects.
Alchemy Resources set to drill at Karonie Gold Project after all clear from two key heritage surveys
The drill rig has been booked to start in the first week of January 2022 and government approvals have been granted for the start of the drill program.
ASX down and then up ... and today's hot small caps
Volt Resources is up 15.38%. VRC acquired three licence applications in Serbia – Jadar North, Petlovaca and Ljig - that are considered prospective for lithium-borate mineralisation.
Alchemy Resources survey work generates multiple gold targets at Karonie
“The highly competitive EIS co-funding grant adds weight to the prospectivity as it is determined by an independent panel of experts. We look forward to getting boots on the ground to start testing these high-quality targets, which have not
Alchemy Resources scores hat-trick of tenement ballots in highly prospective WA Goldfields region
“E28/3048, E28/3053 and E28/3058 are strategically located along strike of Breaker Resources’ Lake Roe deposit and build on our footprint of highly prospective tenure which sits along some of the most prolific gold projects in Western Austr
Alchemy to raise $3.1 million to start aggressive drilling push
“The success of the raising is an endorsement of both the prospectivity of Alchemy’s gold and base metal assets and the quality of our exploration team led by CEO James Wilson. We now have the balance sheet to accelerate our exploration pro
Alchemy Resources begins high resolution drone surveys at Karonie
Surveys will provide up to five times better resolution than historic data and results will be able to better pinpoint the magnetic dolerite host rock and to refine drill targets more efficiently.
ASX makes morning gains ... and small caps are up more than 30%
Tech and Health Care led the gains: Afterpay was up 2%, Appen was up 6.8%, CSL was up 1.3% and ResMed up 3.2%.
Alchemy Resources says eureka with maiden 111,000-ounce gold resource at Karonie, shares up
The precious and base metals explorer’s pioneer inferred resource forms the first part of Alchemy’s growth strategy at its wholly-owned WA gold play.
Alchemy Resources doubles down on new drill targets at Karonie South
The gold and base metals explorer has pinpointed five new drill targets over Karonie’s southern tenements, with plans for drill testing to kick off during Alchemy’s phase two program.
Alchemy Resources’ Karonie Gold Project re-splits confirm high grades
A resampling program conducted over three prospects at Karonie turned up as much as 15.3 g/t gold, indicating there’s potential for shallow high-grade mineralisation at the project.
Alchemy Resources uncovers high-grade gold in phase one campaign at Karonie Gold Project, shares up
The ASX-listed gold explorer is preparing for two more drilling phases across its precious metals asset, with work underway to deepen understanding of the Karonie project’s southern tenements.
Alchemy Resources completes phase one drill program at Karonie Gold Project
The aim of the program was to infill and extend mineralisation along strike from the Aldiss Mining Centre and testing of geophysical targets to the southeast.
Alchemy Resources encouraged by promising structures intersected in phase-one drilling at Parmelia within Karonie Gold Project
The Karonie Project is directly along strike to Silver Lake Resources' Aldiss Project and along strike to the south of Breaker Resources' Lake Roe Gold Project.
Alchemy Resources kicks off phase one RC drilling at Karonie Gold Project
The program consists of around 35 reverse circulation drill holes for a total of 3,000-5,000 metres at the Parmelia, KZ5, Taupo and Warrior targets.
Alchemy Resources outlines “aggressive” 20,000-metre gold drilling program at Karonie
The Karonie Project, in Western Australia’s famed Eastern Goldfields region, is within proximity to several established gold projects.
Yandal Resources has strong upcoming results-based news flow from gold projects
MD Lorry Hughes told this week’s Proactive CEO Sessions that the company is focused on gold in prolific WA Goldfields greenstone belts.
Alchemy Resources releases maiden nickel-cobalt resource for West Lynn
The West Lynn project forms part of the Heron Resources farm-in agreement where the company has earned 51%.
Investments and investor services
Fe Limited expects results from highly prospective Bryah Basin JV ground, in trading halt
FEL chairman Tony Sage shares the excitement of Sandfire Resources in WA’s prolific Bryah Basin owing to FEL's significant interest.
Fe Limited awaits partner’s assays from further drilling in Bryah Basin
The company has a free carried 20% interest in a number of prospects in the highly prolific copper-gold region.
Alchemy Resources reveals more high-grade nickel-cobalt hits from West Lynn
The company is aiming to complete the nickel-cobalt-alumina resource estimation and preliminary metallurgical work early in 2019.
Alchemy Resources delivers high-grade gold intercepts at Hermes South in WA
The prospect is 65 kilometres from the Plutonic Gold Mine and is a potential source of ore for the 100,000-ounce gold operation.
Fe Limited advances copper-cobalt in DRC and is leveraged to highly prospective ground in WA
Chairman Tony Sage says the company shares the excitement of Sandfire Resources in the prolific Bryah Basin.
Fe Limited a leading ASX gainer as shares increase 35%
Stock has increased to 2.3 cents following recent encouraging news from DRC and Western Australia.
Fe Limited confirms high-grade cobalt in trenching at flagship Kasombo project
A targeted drilling program is planned to further investigate previous copper results and to follow up on new cobalt results.
Fe Limited leveraged to increased involvement by Sandfire in Bryah Basin
Sandfire Resources has extended its base metals farm-in rights through an agreement with Alchemy Resources.
Alchemy Resources commences drilling at West Lynn nickel-cobalt project
The program is expected to be complete in two weeks and final assay results are due in October.
Fe Limited's farm-in partner Sandfire Resources NL hits high-grade copper
Drilling intersected narrow zones of sulphide and supergene copper mineralisation.
Fe Limited's joint venture partner reveals next exploration steps near DeGrussa
Sandfire Resources is involved in a farm-in with Auris Minerals and Fe Limited.
Fe Limited adds cobalt in Africa to its diverse project portfolio
Soil sampling results have changed Fe's focus to cobalt.
Alchemy Resources begins drilling program in New South Wales
Drilling within the historic Overflow gold and base metal mine.
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