ALY alchemy resources limited
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de grussa, big/ little bros

  1. chrisviny
    4,945 Posts.
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    08/06/10
    18:29
    Post #: 6784366
    Chances of a similar Discovery I rate fairly highly based on Alchemy findings and their comments below,.

    "Downholeelectromagnetic(DHEM)surveyswerecarriedoutinfiveoftheRCdrillholes.DHEMsurveysareusedtoidentifythesourceofanyconductorsthatwerenotintersectedintheholebydrilling.
    InfouroftheRCdrillholes,whichintersecteddominantlymaficvolcanicandintrusiverockswithminorinterflowshales,thesourceoftheVTEManomalyremainsunexplainedandwillbefollowedupwithfurtherdrillingtodeterminethesourceofthconductor.Intheotherthreedrillholes,intersectionsofthickintervalsofshalearebelievedtoexplaintheoriginalVTEManomaly.

    Re‐modellingoftheVTEMandDHEMdatawascarriedouttobetterdeterminethegeometryandconductivityofthesourcesofanomalis.Theseresults,inconjunctionwithgroundelectromagneticsurveys,willrefinethelocationofmodelledconductorspriortofurtherdrilltesting.
    ForwardProgram
    OngoingdrillingatMagnuswilltestuptoanother26bedrockconductorsidentifiedbytheVTEMsurvey"

    Prepare for some potentially realigning news in next 1/12 for ALY. IMO DYOR
    ALY Price at posting: 47.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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