Alchemy Resources Limited

Asian Activities Report for August 22, 2011 includes: Metminco Limited (ASX:MNC) said today that drilling at its 100% owned Los Calatos copper/molybdenum project in Peru has indicated the existence of significant mineralization close to surface; Exoma Energy Limited (ASX:EXE) announced that Katherine-1 well, the fifth well of its 2011 exploration campaign in Queensland, has spudded; Aura Energy Limited (ASX:AEE) announced a significantly upgraded resource for its Häggån Project in Sweden; Alchemy Resources Limited (ASX:ALY) has identified new gold mineralisation at the Hermes Gold Deposit, part of its Gascoyne Gold Project in Western Australia.

Australian Market Report of January 24, 2011 includes: IMX Resources Limited (ASX:IXR) announced the signing of a binding term sheet for the sale of Cairn Hill Phase 1 ore; Alchemy Resources Limited (ASX:ALY) reported high-grade gold intersections in Western Australia; Altera Resources Limited (ASX:AEA) has signed a Joint Venture agreement to explore for coal in Tanzania; Golden Rim Resources Limited (ASX:GMR) confirmed major gold targets in Mali.

Australian Market Report of October 29, 2010 includes: Red Hill Iron Limited (ASX:RHI) resource estimates at Red Hill Iron Ore Joint Venture increase to 472 Million Tonnes; Alchemy Resources Limited (ASX:ALY) has started a 15,000m gold and copper drilling program in Western Australia; Coventry Resources Limited (ASX:CVY) intersected shallow high-grade mineralisation at Cameron Gold Project; Mineral Resources Limited (ASX:MIN) dispatched its first shipment of iron ore through Utah Point to China.

Alchemy Resources Limited (ASX:ALY) has discovered two new high-grade gold zones at its Hermes Gold Project on granted mining lease M52/685 located 60 kilometres southwest of the Plutonic Gold Mine in Western Australia's Gascoyne district. The Hermes Gold Project forms part of Alchemy's Three Rivers Gold Project.

Alchemy Resources Limited (ASX:ALY) has discovered two new high-grade gold zones at its Hermes Gold Project on granted mining lease M52/685 located 60 kilometres southwest of the Plutonic Gold Mine in Western Australia's Gascoyne district. The Hermes Gold Project forms part of Alchemy's Three Rivers Gold Project.

Alchemy Resources Limited (ASX:ALY) has discovered two new high-grade gold zones at its Hermes Gold Project on granted mining lease M52/685 located 60 kilometres southwest of the Plutonic Gold Mine in Western Australia's Gascoyne district. The Hermes Gold Project forms part of Alchemy's Three Rivers Gold Project.

Australian shares are set to open softer after fresh bank sector worries saw Wall Street end lower, though firmer resource stocks may lend support. Yesterday the Australian share market closed firmly in the red, with almost all sectors losing ground, dragged lower by continuing signs of weakness in the US economy. CMC Markets senior dealer Dominic Vaughan said the mining and property sectors were poor performers yesterday.

Alchemy, in conjunction with Jigsaw Geoscience Pty Ltd (Jigsaw), a team of leading consulting geologists, have also completed an initial assessment of the potential for large tonnage gold deposits within its Murchison tenements. Jigsaw have identified numerous targets in geophysical data recently released by the Geological Survey of Western Australia, whom are currently re-mapping in the Murchison district.