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Alchemy Resources Limited ( (AU:ALY) ) has issued an update.
Alchemy Resources Limited has made significant progress in its exploration activities during the first quarter of 2025. At the Karonie Project, the company completed a substantial soil sampling program and geophysical surveys, identifying key areas for further exploration, supported by a joint venture with JOGMEC. Additionally, the Lake Rebecca Project’s fieldwork confirmed high gold prospectivity, while the Lachlan Project saw successful heritage surveys and drill planning, indicating promising copper and gold targets. These developments enhance Alchemy’s strategic positioning in the mining sector, potentially benefiting stakeholders through future resource discoveries.
More about Alchemy Resources Limited
Alchemy Resources Limited is an exploration company focused on the mining industry, primarily dealing with gold, lithium, and base metals. The company operates several projects across Australia, including the Karonie Gold-Lithium Project in Western Australia, Lake Rebecca Gold Project, and Lachlan Base Metals/Gold Project in New South Wales.
Current Market Cap: €3.99M
For a thorough assessment of ALY stock, go to TipRanks’ Stock Analysis page.