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The latest announcement is out from Alchemy Resources Limited ( (AU:ALY) ).
Alchemy Resources Limited has identified new lithium targets at its Roe Hills Farm-in and Joint Venture area with JOGMEC. The company has advanced its target generation, discovering three large areas with significant pegmatite occurrences for immediate follow-up. This development, supported by recent structural mapping and geophysical data, positions Alchemy to enhance its exploration efforts, potentially impacting its market positioning by expanding its lithium resource base.
More about Alchemy Resources Limited
Alchemy Resources Limited is a company operating in the mining industry, focusing on exploration and development of mineral resources. The company is involved in projects such as Karonie, Lake Rebecca, Lachlan, West Lynn, Bryah Basin Iron Ore, and Bryah Joint Venture, with a market focus on minerals like lithium and iron ore.
Current Market Cap: A$6.48M
Learn more about ALY stock on TipRanks’ Stock Analysis page.