tiprankstipranks
Alchemy Resources Reveals Promising Lithium Prospects
Company Announcements

Alchemy Resources Reveals Promising Lithium Prospects

Alchemy Resources Limited (AU:ALY) has released an update.

Don't Miss our Black Friday Offers:

Alchemy Resources Limited has reported positive assay results from its soil sampling campaign at the Karonie Project in Western Australia, indicating significant lithium anomalism at both Roe Hills and Manhattan prospects. The company has mapped broad areas of lithium presence, with the Manhattan prospect showing a 10km x 6km anomaly, and plans are underway for detailed mapping and sampling to refine these findings. With a healthy funding position of $3.5 million, Alchemy is set to continue its exploration efforts, including advancing gold targets within the project area.

For further insights into AU:ALY stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskAlchemy Resources Launches New Drilling at Karonie Project
TipRanks Australian Auto-Generated NewsdeskAlchemy Resources Faces Cash Flow Challenges in Q3
TipRanks Australian Auto-Generated NewsdeskAlchemy Resources Advances Exploration with Key Partnerships
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App