Alchemy finds two high-grade gold zones at Hermes
09:13, Wednesday, 10 June 2009
Sydney - Wednesday - June 10: (RWE Australian Business News) -
Alchemy Resources Ltd (ASX:ALY) has discovered two new high-grade gold
zones at its Hermes Gold Project on granted mining lease M52/685,
located 60km southwest of the Plutonic Goldmine in Western Australia's
Gascoyne district.
Hermes forms part of Alchemy's Three Rivers Gold Project.
Reverse circulation (RC) drilling by Alchemy discovered
high-grade gold zones at shallow depth west of the known Hawkeye and
Trapper deposits, whilst another high-grade gold zone was discovered at
depth at the Trapper deposit.
RC hole TRC236, drilled to test gold mineralisation to the west
of the known JORC-compliant 1.7Mt indicated gold resource, intersected
three zones of gold mineralisation. Best results include:
* 8m at 2.0g/t gold from 21m (including 1m at 5.6g/t);
* 5m at 34.0g/t gold from 34m (including 1m at 118.2g/t and 1m
at 16.1g/t); and
* 7m at 5.5g/t gold from 113m (including 1m at 15.4g/t).
RC hole TRC247 drilled into the Trapper deposit intersected 8m
at 10.3g/t gold from 156m including 1m at 64.9g/t.
- Forums
- ASX - By Stock
- ALY
- holy moly
holy moly
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ALY (ASX) to my watchlist
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.068M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $42 | 7.01K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 2401352 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1681304 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 2401352 | 0.006 |
10 | 4970012 | 0.005 |
8 | 4238990 | 0.004 |
6 | 6950016 | 0.003 |
5 | 8755000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1681304 | 6 |
0.008 | 2714120 | 10 |
0.009 | 576295 | 3 |
0.010 | 4633349 | 5 |
0.011 | 126878 | 1 |
Last trade - 15.22pm 26/08/2024 (20 minute delay) ? |
Featured News
ALY (ASX) Chart |