Just checking the equity holdings JRL have in other listed...

Just checking the equity holdings JRL have in other listed companies. I note they hold 13.13% of listed capital in Alchemy Resources Limited (code ALY) and have a commonality of directors.

On June 15 Alchemy Resources announced:-

"High‐grade results highlight
potential of Wilgeena Gold Project
Development to provide cash to fund aggressive
drilling at Magnus and Hermes

Results over substantial widths and robust grades demonstrate Wilgeenas development potential

Intersections recorded outside known zones of mineralisation. Results include:
o
18m @ 5.25 g/t gold, including 1m @ 21.3 g/t gold and 1m @ 47g/t gold
o
33m @ 2.78 g/t gold, including 2m @ 12.97 g/t gold
o
22m @ 2.07 g/t gold, including 2m @ 7.52 g/t gold
o
10m @ 4.80 g/t gold, including 3m @ 11.35 g/t gold

Results will form part of maiden JORC resource estimate

Development options centre on treating output at nearby Plutonic mine to maximise cashflow

Extensional drilling to the west, south‐east and north‐east of the current resource identifies high priority target areas for further exploration drilling

Next round of drilling scheduled for July 2010"