ALY 0.00% 0.7¢ alchemy resources limited

ALY 2018, page-69

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    So this is the focus for 2018!

    Karonie and Claypan Fault shallow first pass and follow-up drilling - Any day now I understand.

    Black Range Tank RC drilling to test strong electromagnetic and multi-element geochem anomaly - Not sure when that will commence?

    Overflow surface electromagnetic survey, and deep diamond drilling (strong EM conductivity anomaly and down plunge extensions to existing Au-Ag-Pb-Zn-Cu mineralisation) - I would say mid year?? Interesting they have a lead and zinc project also??

    Bryah Basin Joint Ventures  drilling for both base metals (IGO) and gold (Billabong) expected to increase - Could start anytime. I think there is still $2.5m to spend on the earn-in.

    Further improve Exploration Expenditure / Admin Cost Ratio (>2:1) - Great!

    Let's see if ALY can get it together this year and get back to a respectable MC!

    MC $8m with $1.8m cash and $2.5m exploration spend by JV partners!
 
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