ALY 0.00% 0.7¢ alchemy resources limited

re: Ann: Fresh drilling results from Big Bell... Hi Timbo,From...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. MTC
    90 Posts.
    lightbulb Created with Sketch. 1
    re: Ann: Fresh drilling results from Big Bell... Hi Timbo,
    From my understanding anything under 1g/t is not comercially viable unless milled in huge volumes eg Superpit in Kal, i believe their grades are between <1-2g/t. If the big bell deposit is proven to be around 1g/t over the strike area of 1 x 1.5kms then that is still alot of gold in there but mixed in with a heap of dirt. I am unsure if the barrick mill at Plutonic could handle such large throughput with such low grades. The way i read the announcement is that ALY believe they are closing in on the primary deposit and these results are helping pinpoint its location. Any other input appreciated, just my thoughts.
    Cheers MTC
 
watchlist Created with Sketch. Add ALY (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $7.068M
Open High Low Value Volume
0.7¢ 0.7¢ 0.6¢ $67.24K 11.15M

Buyers (Bids)

No. Vol. Price($)
15 6775912 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 1356659 3
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
ALY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.