Alchemy Resources Limited

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 […]

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 (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 […]

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 […]