Alchemy Resources Ltd (ASX:ALY)’s James Wilson discusses multiple zones of lithium anomalism discovered at the Karonie Gold Project, east of Kalgoorlie in Western Australia. The company has highlighted four high-priority lithium targets to be followed up over a large zone of anomalism measuring 1-kilometre by 7-kilometres.
The lithium-prospective areas of tenure are adjacent to Global Lithium Resources Limited’s Manna Lithium deposit, which holds a JORC-compliant resource estimate of 9.9 million tonnes at 1.14% lithium oxide.
Alchemy is looking to put boots on the ground as quickly as possible to gather better targeting information and decide on drill targets for further investigation.