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.
Alchemy Resources completes phase one drill program at Karonie Gold Project
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. All RC drill samples have been submitted to ALS Kalgoorlie and additional drilling is planned subject to results.
Alchemy Resources Ltd (ASX:ALY) (FRA:45A) has completed 27 holes for 3,121 metres of reverse circulation (RC) drilling within its 100%-owned Karonie Gold Project in Western Australia.
The aim of the phase one program was to infill and extend mineralisation along strike to the north and south of Silver Lake Resources Limited s (ASX:SLR) (OTCMKTS:SVLKF) (FRA:4SL) Aldiss Mining Centre.