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Alchemy Resources finds ‘huge pegmatite system’ at Karonie

Alchemy Resources Limited (ASX: ALY) CEO James Wilson tells Proactive that ground truthing of new gravity targets at Karonie project has revealed new pegmatite bodies with lepidolite and spodumene outcropping at surface. The new pegmatites sit 2.5 kilometres north of the RC drill program completed at Hickory in November last year which intersected spodumene. Wilson says it’s clearly a huge pegmatite system with outcropping lithium mineral confirmed for the first time.

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Jonathan Jackson

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jonathan@proactiveinvestors.com

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