The Bryah Basin JV information reported by our JV partner, Superior Gold (TSX - SGI), in March 2020 quarter appears to be somewhat more upbeat than Alchemy's.
From the March 2020 Quarterly Report in respect to Jones prospect Alchemy reported“Superior collected an additional 65 close spaced soil samples from the Jones tenement (figures 6 and 7). The sampling was subsequent to prospectors reporting the occurrence of gold nuggets over a strike length of 15km at the Papus, Flamel, Jones and First Nugget prospects within the Peak Hill Schist. No signifiant results were received from the Papus and Flamel prospects. Soil sampling is continuing at the Jones prospect.”
Where as Superior Gold’s 1st Quarter Announcement (12 May 2020) reported,
"Surface sampling programs included programs on the Bryah Basin Joint Venture Jones tenement ... On the Jones tenement, assays from soil sampling suggest two northeast trends; one 500m long and the other 800m long both with significant geochemical anomalies. More soil samples are planned. "
