re: Ann: Second Advanced Gold Project Identif... The upside for ALY investors is the possible extension of the Narracoota Volcanics over a much larger area than previously identified within the Three Rivers tenements. The Narracoota Formation has the potential to host a number of significant areas of gold and base metal mineralisation and as yet has only been partially tested.
Alchemy seems to be holding the best ground in the area.
Wilgeena and Hermes together will give ALY some real mass,not to mention the Magnus Cu/ Au project which has yet to be tested.
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