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16.7% 0.7¢ alchemy resources limited

decent shot at major discovery

  1. Fibonarchery
    12,525 Posts.
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    14/04/14
    21:18
    Post #: 13250970
    Drilling in progress

    Along strike from Sandfire Resources

    Tiny cap of $6 million

    Forget THX or ERI

    Last round of drilling made these intersections:


    51 metres at 3.71 g/t gold from surface

    23 metres at 3.16 g/t gold from 16 metres

    27 metres at 5.43 g/t gold from 15 metres

    ALL THESE RESULTS ENDED AT BOTTOM OF HOLE

    ie ended in these grades

    Deeper drilling now underway, these grades could continue for hundreds of metres
    ALY Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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