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  • Alchemy Resources finds JV chemistry with Japanese government
01 October 2024
WRITTEN BY Shae Russell

Alchemy Resources finds JV chemistry with Japanese government

“It’s a great deal for a little junior explorer such as us having the Japanese government come in.”

Alchemy Resources (ASX:ALY) CEO James Wilson tells Shae Russell the company’s deal with a Japanese government incorporated administrative agency is a “great endorsement” for the Karonie project, which is considered “highly prospective” for lithium mineralisation similar to the neighbouring Manna Lithium Deposit.

Find out more about the deal with the Japanese Organization for Metals & Energy Security (JOGMEC) here.

Key topics discussed:

  • Farm-in & JV with government agency Japanese Organization for Metals & Energy Security (JOGMEC).
  • JOGMEC to earn up to 51% by spending $6 million in 5 years.
  • JV to cover Roe Hills target within the Karonie Lithium and Gold Project.
  • Alchemy has created walk-up targets ready to explore for next year’s field season.
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Written By Shae Russell
Shae has been an equities analyst with a focus on investment writing for 15 years; the last eight of which has centred on the domestic and international mining sector. She’s now bringing this expertise to enhance and strengthen Mining.com.au‘s role as Australia’s leading source of mining news.

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