ALY 14.3% 0.6¢ alchemy resources limited

A few points recollected from the previous announcement to...

  1. 31 Posts.
    A few points recollected from the previous announcement to enlighten your day:

    * The Hermes Gold Project includes the existing JORC-compliant, open pittable, indicated resource of 1.7Mt @ 2.4g/t gold, equating to 131,000 ounces of contained gold.

    * The drilling results confirmed that the mineralisation at the Hermes Gold Project is similar to the gold-hosting mineralisation at the Plutonic Gold Mine, located 60 kilometres to the northeast of the Hermes Gold Project.

    * The drilling program has also identified previously unrecognised ultramafic rocks which form an important host to gold mineralisation within the Marymia Inlier.

    * The drilling results will provide Alchemy with the impetus to accelerate development of the known deposits and incorporate the recent drilling data into a re-estimation of the JORC-compliant indicated resource.

    And when that happens.....wat more do i say, you people are smart enough :)
 
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