ALY 0.00% 0.7¢ alchemy resources limited

Drilling Results, page-48

  1. 11,557 Posts.
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    It's good to have some company here pfuzzy, and yours too btw.

    The gold factor could be at play here. I don't expect the vhms cu/au part to fire up until at least IGO tells us what its drilling program is. It's now an unavoidable conclusion that IGO really likes what is seeing at Neptune and surrounds.

    1.The non-dropping of the ALY jv was an excellent sign. It dumped other exploration programs but not dump this one
    2. The last ann gives out a strong message
    3. Then there is the Preso info.

    I don't know if you have noticed, but Franco Parajno's paper: 'Besshi-type mineral systems in the Palaeoproterozoic Bryah Rift-Basin, Capricorn Orogen, Western Australia: Implications for tectonic setting and geodynamic evolution' (of which you would be aware via THX etc) identifies a number of areas outside deGrussa that are also categorised by him as being "Noonyereena". This is new stuff and newcomers should read it. Anyway, Figure 1 has the map identifying Noon.... and if I'm not mistaken it covers this IGO/ALY land.

    Have a look and tell me what you think!

    Now back to my gold factor comment. That's the jv land with NST that I'm referring to. NST has announced that it has received unsolicited offers of interest to buy/sell Plutonic. An essential source of feed for the plant will come from Hermes that NST bought 100% from ALY 1 year ago. It also would have high hopes of finding more minable gold on the jv land owned by ALY. Maybe there is something going on there!

    Remember too that NST has 15% of ALY and said this 24/2/15: 'Northern Star has expressed an intention to introduce Alchemy where possible to projects which do not fit the Northern Star business model.' Now that's been of real interest to me ever since. What? When?

    I have just seen that someone has crushed that bid, so a seller still lurks in this range. Will the/a bidder return?
 
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