ALY 0.00% 0.7¢ alchemy resources limited

TLM Replica with Epic Charts, page-13

  1. 11,557 Posts.
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    Yes Fib, the connection with 2 such solid and progressive companies as NST and IGO bodes well.

    Interesting though that the gold area held be ALY is not near a gold plant - just an observation.

    I more or less started posting in positive terms here when IGO became involved. I think that was Jan last year. This was, I believe, IGO's first entry into the Bryah Basin, so hmmm! However, it did not really surprise as the vms base metals potential had already been revealed by the Horseshoe Lights discovery 'up the road' last century and the much more recent Degrussa discovery further east. All in the same or similar geo channel - the Narracoota Formation with Karalundi involved too.

    That said, it is still pretty much virgin territory and quite distant from the other 2 deposits too, so it is a punt. The fact that IGO has been methodical and deliberate with its prep exploration and then decided to take the plunge at Neptune does suggest that the geos there like what they see.
 
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