plutonic-degrussa-hermes -peak hill "schist".

Interesting to stand back and look at the corridor Alchemy are turning over and operating within. Not only does it possess current Major Gold Producers like Barrick (plutonic), it has been producing for decades via 2000 hec of productive ground around Peak hill . Peak Hill has churned out approx 1mill+ Oz Au and Plutonic spews 250K Au per year on average.Who knows what Degrussa will blow out.
Within this rich 'boomerang' shaped province , Alchemy are turning over every stone to unearth the next big Au mine.Not only that they now have their hands full with Naracoota ground. Within the boomerang zone I allude to, you also now have "Degrussa" belonging to Sandfire. Plutonic is 20 k from Degrussa which is 40 k from Alchemy's Hermes (acquired from Troy June08) which is 20 k from Peak hill. They all lie north of the Murchison Fault and close to the Peak Hill 'schist', recent Au finds include Trapper, Winchester and Blake deposits. the Trapper deposit has turned up some special grades inc 5m @ 34.0g t, Blake has turned up nice shallow grades which include 14m @ 14.54g t , depth drilling will be conducted later this year.It is interesting to note the tenement profile maps showing the 'schist' winding from Peak Hill Mine through Hermes and ending up at the "Degrussa" find of Sandfire.Certainly a special action packed province which must turn up more company makers over the next 12- 18 mths. DYOR Holding.