Alchemy Resources Ltd's (ASX:ALY) (FRA:45A) James Wilson gives Proactive an update on its phase one drilling program at the Karonie Project where nine holes have been completed for a total of 1,128m drilled so far. He says they've intersected broad zones of silica-altered dolerites in initial drilling at the Parmelia prospect and at Warrior they've also intersected silica altered dolerites accompanied by pyrrhotite mineralisation. He says they're 'very happy' with the progress so far on only two of the four zones to be tested as part of the program.
Alchemy Resources now drilling at KZ5 target as it eagerly awaits assays
