Alchemy Resources Limited (AU:ALY) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Alchemy Resources Limited has reported stable mineral resources for the year, with the main highlight being the announcement of a maiden Inferred Mineral Resource Estimate (MRE) for the Overflow Project, comprising 342,000 ounces of gold equivalent. The company’s mineral resource estimates follow strict governance and quality control measures, with no significant changes noted except for the newly defined resource at the Overflow deposit. Alchemy’s portfolio includes projects across Western Australia and New South Wales, focusing on gold, base metals, and battery metals exploration.
For further insights into AU:ALY stock, check out TipRanks’ Stock Analysis page.