re: Ann: Initial VTEM Results Highlight 13 Co... It's important...

re: Ann: Initial VTEM Results Highlight 13 Co... It's important to remember that these are initial results and only relate to the area around the Magnus deposit and the area adjacent to Sandfire (to test the existience of the conductors identified by Sandfire's own VTEM).

The presence of these conductors on the border of Sandfire's Doolgunna project provides clear evidence the Narracoota Volcanics extend well into ALY's tenements and have the potential to host similar styles of mineralsation, and potentially host similar sized deposits of base metals and gold.

ALY's VTEM survey covered a much larger area than has been reported on in this announcement, in fact it covered most of the central and southern areas of the entire Three Rivers tenements. There's simply no way to tell what might be discovered when all the data has been analysed.

Hopefully the full analysis will reveal more targets for further driling and add to ALY's knowledge of the area.

Either way, ALY is going to have a very big year next year.