Alchemy Resources Limited
Alchemy Resources Limited is an exploration company.
The business
Alchemy Resources Limited is an exploration company. The Company is focused on the discovery and development of gold, base metal and battery metals within Australia. Its projects include Cobar Basin/Lachlan Fold Belt Projects, West Lynn and Woodsreef Projects (NSW), and Bryah Basin Project (WA. The Lachlan Projects cover highly prospective terrain in the Central Lachlan Orogen and comprise three project areas prospective for Cobar-style epithermal gold and base metals and copper-gold porphyry mineralization. The Lachlan/Cobar Basin Projects consist of the Overflow Gold-Base Metal Project, the Yellow Mountain Copper-Gold Project, the West Lynn Nickel-Cobalt-Alumina Project and the Eurow Copper-Gold Project, each containing multiple drill-ready gold and/or base metal and/or nickel-cobalt targets. The West Lynn and Woodsreef projects contain two highly prospective nickel-cobalt tenements covering approximately 381 square kilometers.
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Latest news
Alchemy Resources Agrees to $5m Sale of Karonie and Lake Rebecca Gold Projects to Forrestania
Alchemy to sell Karonie & Lake Rebecca to Forrestania for $5m in shares; keeps 1% NSR; funds back Yellow Mountain/Overflow, strengthening balance sheet.
Alchemy Resources Extends High-Grade Direct Shipping Ore Envelope at Valley Bore
Alchemy Resources (ASX: ALY) has reported extensive high-grade iron ore across multiple broad intervals at its 100%-owned Valley Bore project in Western Australia’s Mid West region.
Western Australia’s lithium boom continues
The recent signing of a Plan of Action between Western Australia and Indonesia continues the dramatic critical minerals momentum of one of the world’s richest mining jurisdictions. Already the world’s leading lithium producer, Western Australia is in the middle of an exploration boom as mining companies big and small hunt for the key battery metals […]
Early lithium drilling success for Alchemy Resources at Karonie
Alchemy Resources’ (ASX: ALY) lithium hunt in the goldfields of Western Australia has obtained early success with the company identifying promising pegmatite potential at the Karonie lithium and gold project near Kalgoorlie. The now complete initial Karonie drill program of 28 drillholes for 3,732m, has identified new pegmatite zones in drillholes at the Taupo North […]
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