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.
Alchemy Resources begins RC drill program at Karonie gold project
Alchemy Resources Ltd s (ASX:ALY) (FRA:45A) James Wilson tells Proactive they ve begun reverse circulation drilling on its 100%-owned Karonie Gold Project in Western Australia. The 35 holes for 3,000-5,000 metres are designed to infill and extend the three discovery zones – KZ5, Parmelia and Taupo - which sit along strike from the Silver Lake Resources Ltd (ASX:SLR) Aldiss Mining operations.
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