Page 51 - gmj144-July-Sept-mag-web

REFINING THE GOLD STANDARD abcrefinery.com

we’re super keen on areas “ We’ve got tenure which is Alchemy’s tenure is also

“The model has changed
with
Breaker
now to short strike length
contiguous
strategically located to at least
Resources NL’s Lake Roe
but very high grade versus
project further to the north
looking for supergene-style
two gold miners and at least two very
mineralisation, and that’s why
company was drawn first in
two ballots for two exploration
down to the south and in and advanced explorers, so it’s a good and earlier this year the
part of the world to be in, as we’re
around Silver Lake…and a licence applications which
lot further south – Gilmore, exposed to any success that they sit along strike from Apollo
Challenger, Esplanade – on have, as well as our own. Consolidated Ltd’s Rebecca
those historic areas which project and Northern Star
haven’t been touched for probably north of 10 years.” Resources Ltd’s Carosue Dam operations.
Pending assay results will determine the next course of “From Karonie all the way up to Lake Rebecca, if those
action for Alchemy, which could look to quickly establish a tenements all touched each other – there’s a little gap in
maiden resource around its key prospects and potentially the middle – it’s roughly 135km of almost contiguous strike
open processing discussions with the likes of Silver Lake and that’s probably what some people would refer to as an
and Black Cat Syndicate Ltd which is proposing to build a almost belt scale play,” Wilson says.
brand new milling facility within 50km of Karonie.

Page 51