ALY 8.33% 0.7¢ alchemy resources limited

Ann: Drilling Completed at Karonie Project, page-52

  1. 23,919 Posts.
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    I don't think people quite appreciate the potential earner that Hermes could be ...

    Superior Gold are already considering a 2nd open pit mine there, given the recent high grade results and current resource. All they have to do is extend the current haul road

    ALY have a 20% free carry to production here

    hermes1.png

    hermes2.png


    Karonie and Cobar basin + Lachlan are the end game, but this could be a nice earner on the side
 
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