Alchemy Resources Limited (ASX:ALY)'s James Wilson says they've improved their understanding of mineralisation at the Karonie gold project in Western Australia with a high-resolution magnetic survey, discovering multiple prospective targets including more than 10 kilometres of potential strike at the new Karonie East target. Wilson also mentions news that Kingston Resources has entered into a binding agreement to acquire a 100% interest in the operating Mineral Hill Mine which is next door to their Yellow Mountain and Melrose projects.
Alchemy Resources highlights Karonie exploration and Kingston Resources' acquisition in NSW
