Ann: Significant Gold Intersections at Hermes Gol, page-16

re: Ann: Significant Gold Intersections at He... Hi Rexi98,

You may be right. While the recent focus has been on Degrussa and copper, the Hermes gold story keeps quietely building and building.

The longer it builds the sharper the value correction will be when it comes. If any major companies come looking for good value projects in this area, they're certain to notice ALY.

They hold the best parcel of ground in the area; high grade gold resources at Hermes in the north, high grade iron ore in the Robinson Range in the south and a swathe of Naracoota Volcanics running from east to west across the southern half of the Three Rivers tenements.

Don't underestimate the value of not having Native Title issues at Three Rivers. Whereas most of their neighbours must negotiate for weeks sometimes months to explore their tenements, Alchemy does not. This enables them to be very agressive in their exploration and build their story quickly.