Alchemy Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2023

Alchemy Resources Limited is an Australia-based gold, base metal, and nickel-cobalt exploration company. The Company is focused on the development of high-quality exploration projects within Australia. The Karonie Project includes 13 exploration licenses and two exploration license applications covering 1,190 square kilometers (km2) of highly prospective mineralized structures within Kurnalpi Terrain greenstones 100 km east of Kalgoorlie. The Lake Rebecca Project includes 10 exploration licenses covering 570 km2 of Archean greenstones in the Eastern Goldfields of Western Australia. It is located 100km east of Kalgoorlie. The Lachlan Projects cover an area of 674 km2 of the Central Lachlan Orogen in New South Wales and comprise three project areas prospective for Cobar-style epithermal gold and base metals and copper-gold porphyry mineralization. Its Bryah Basin Project comprises a 488km2 ground package located 130 km northeast of Meekatharra.