ALY 0.00% 0.7¢ alchemy resources limited

Ann: Spodumene and Lepidolite Identified in Pegmatites at Karonie, page-24

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  1. 1,128 Posts.
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    GL1's Manna had an initial ~4000m drilling program that amounted to 9.9mT @ 1.14% Li2O

    ALY just completed a 4000m drilling program with nothing to show for it

    Very bad results here. Mainly 1m hits with very bad grades. The average grade here is 0.176% , most companies have a cut off grade of 0.5% , meaning this stuff here is worthless and wouldnt even be included in a MRE

    Im sorry to say but nearology plays usually fail and this looks like a failure

    If you want nearology to Manna, GL1 just recently acquired the tenaments immediately surrounding the existing Manna deposit from Breaker Resources and will be exploring these regional areas in the upcoming drilling campaign
 
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