ALY 7.14% 0.7¢ alchemy resources limited

Ann: RC Drilling Completed on Karonie Lithium Targets, page-9

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  1. 20 Posts.
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    All looks very promising to me... a "substantial system developing" is a very bullish statement from management.

    The alluvial zone is very interesting, that's 3km of ground where soil sampling is ineffective. This is right in the middle of two of our high priority areas. It looks to me as if there's potentially pegmatites in that zone and based on the current geology it could connect Pecan and Hickory, which would be a huge zone of pegmatites...

    No mention of lithium is just due dilligence from management, wouldn't want to misinform the market. Assay results next month will paint a better picture in that regard. If they weren't hopeful on this, they wouldn't have used bullish language within the announcement AND they wouldn't be planning further steps already. The announcement is based on facts, exactly how it should be.

    Good luck to all holders, all in my opinion.
 
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