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
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 […]
Alchemy Resources commences lithium-focused drilling campaign at Karonie project
Alchemy Resources (ASX: ALY) has commenced a drilling campaign targeting multiple high-priority targets at the Karonie lithium-gold project in Western Australia. The campaign will comprise 42 holes for a total 5000 metres over the next three weeks. It will evaluate high-tenor lithium pathfinder targets at the Cherry, Hickory, Mesquite and Pecan prospects along a 5.4 […]
Alchemy Resources to drill large anomalies at Karonie lithium project
Hot on the heels of promising lithium rock chip and soil sampling assays being received, Alchemy Resources (ASX: ALY) is about to kick off drilling at its Karonie gold and lithium project located 110km east of Kalgoorlie. The 42 hole, 5,000-metre program has been designed to test a series of high priority large gravity anomalies […]
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