Articles On Alchemy Resources (ASX:ALY)

“The review of the West Lynn Project is particularly exciting since nickel prices are at an 11-year high, and high purity alumina is a key component in lithium batteries," says CEO.

Aircore drilling is underway at Alchemy Resources’ (ALY) Karonie gold project 110 kilometres east of Kalgoorlie, Western Australia 110 holes are planned for 7000 metres of drilling which will test regional targets including the Karonie Eas...

The high-resolution magnetics flown in late 2021 highlighted numerous targets which pin-pointed high tenor structures in proximity to existing open pit mines. The previous holes, which were drilled over 20 years ago, did not penetrate the y...

Drilling is planned to begin this month at the Karonie Gold Project with drilling and other exploration also planned at the Yellow Mountain and Lake Rebecca projects.

The drill rig has been booked to start in the first week of January 2022 and government approvals have been granted for the start of the drill program.

“The highly competitive EIS co-funding grant adds weight to the prospectivity as it is determined by an independent panel of experts. We look forward to getting boots on the ground to start testing these high-quality targets, which have not...

“E28/3048, E28/3053 and E28/3058 are strategically located along strike of Breaker Resources’ Lake Roe deposit and build on our footprint of highly prospective tenure which sits along some of the most prolific gold projects in Western Austr...

Wall Street lifts as earnings beat forecasts US stocks surged overnight as corporates posted strong quarterly results, while jobless claims fell to a 19-month low. All three major US stock market benchmarks rose – the S&P 500 gained by...

Highlights On 11 October, Australian Securities and Investment Commission (ASIC), the watchdog responsible for safeguarding investor activities, posted a strongly worded message in a chat group named "Pump and Dump organisation." Pump...

The ASX had a positive end to the week with the ASX 200 gaining 0.87% today taking its weekly gain to 1.9%. All sectors gained with the best being resources which gained nearly 1.7%. Australia’s rise was in line with the broader Asia-Pacifi...

It was a fairly turbulent night on global markets, but the ASX 200 put in a fairly solid day of trade on Thursday to snap a two-day losing streak. Risk-on sentiment held sway as the microcap Emerging Companies index rose more than 1%, while...

Surveys will provide up to five times better resolution than historic data and results will be able to better pinpoint the magnetic dolerite host rock and to refine drill targets more efficiently.

James Wilson, who took over the reins in 2021 at what has been described as an exciting time for the company, said the exploration timeline was very much on target and it plans on “ramping up activities” next quarter on multiple fronts. 

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The precious and base metals explorer’s pioneer inferred resource forms the first part of Alchemy’s growth strategy at its wholly-owned WA gold play.

The gold and base metals explorer has pinpointed five new drill targets over Karonie’s southern tenements, with plans for drill testing to kick off during Alchemy’s phase two program.

Roskill forecasts demand for nickel chemicals to grow by over 500% between 2021 and 2030 It’s not just metals: battery makers are also getting hit with sharp price rises and supply shortages for non-active materials Several lithium players...

A resampling program conducted over three prospects at Karonie turned up as much as 15.3 g/t gold, indicating there’s potential for shallow high-grade mineralisation at the project.

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The ASX-listed gold explorer is preparing for two more drilling phases across its precious metals asset, with work underway to deepen understanding of the Karonie project’s southern tenements.

Investors – where to put your money when everything looks so bloody good? Iron ore touched $200/t once again to close out a volatile month in positive territory. Gold bounced back to record its biggest month-on-month gain since July last ye...

Summary Audalia Resources reported cash and cash equivalents of AU$162,000 in the quarter ended 31 March. Alchemy Resources has completed phase one Reverse Circulation drilling at Alchemy’s Karonie Gold Project. Vita Life Sciences’ sh...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The aim of the program was to infill and extend mineralisation along strike from the Aldiss Mining Centre and testing of geophysical targets to the southeast.

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

The Australian stock market marginally rose on Friday with S&P/ ASX200 gaining 0.27% to 7080.80 towards the end of the day, led by the travel stocks Webjet Limited (ASX:WEB) and Flight Centre Travel Group Limited (ASX:FLT) up 7.87% and...

The Karonie Project is directly along strike to Silver Lake Resources' Aldiss Project and along strike to the south of Breaker Resources' Lake Roe Gold Project.

The program consists of around 35 reverse circulation drill holes for a total of 3,000-5,000 metres at the Parmelia, KZ5, Taupo and Warrior targets.

If you want to know which ASX stocks fund managers and famous investors are putting their money into we’ve been keeping track of substantial holder buys (and sells). Trading Places is Stockhead’s recap of the substantial holder movements am...

Summary Alchemy Resources aims for growth through the development of high-quality exploration projects across Australia. Its two fully-owned exploration licence packages include the Karonie Project and the Lake Rebecca Project in Weste...

Summary Alchemy Resources (ASX:ALY) has received assay results from recent diamond drilling at the Overflow Prospect. The significant intercepts highlighted by the drilling include 15.8m @ 0.8g/t Au, 30g/t Ag, 1.4% Zn, 0.7% Pb from 266...

Summary Alchemy Resources has announced several significant intercepts from RC drilling at the Parmelia Prospect, Karonie Gold Project. The Company has planned a follow-up drilling at the area. Alchemy Resources Limited (ASX:ALY) h...

Summary The competent leadership team has been galvanising Alchemy Resources’ performance over the years. The overarching strategy and judicious decision making have led to the overall success of Alchemy Resources to date. The Company...

Summary Cutting the mustard with its top-notch exploration endeavours, Alchemy Resources marked an impressive quarter with significant progress across its landholdings. At the Karonie Project, RC drilling is underway at the Parmelia Pr...

The capital raising wave shows no sign of crashing with August’s total coming in at $4.7bn. Once again resources companies raised more than any other sector — $163m of the $296m raised by companies with market capitalisations below $100m. F...

The sudden drop in spot gold prices and reintroduction of COVID-19 restrictions in New Zealand have hit the relevant ASX small caps this morning. After 100 days of being virus-free, four COVID-19 cases were detected in the country. New Zeal...

A quick wrap of the ASX’s key winners and losers on Wednesday, July 15. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day. Today 987 stocks rose, 400 d...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...