Alloy Resources Limited provided the following update on exploration at the Ophara Project located 50 kilometres west of Broken Hill in New South Wales. The company is committed to exploring the potential for cobalt-gold mineralization in the areas proximal to the Great Goulburn prospect and is well advanced with the following activities; an independent review of surface and drill geochemical data related to the Great Goulburn area is largely completed following a field trip and desktop study. Planning of an appropriate surface survey that will effectively define cobalt-gold-copper geochemical anomalies is well advanced. A review of all Geophysical data is at the final stages. The company confirms that results from analysis of four metre composite sampling of RC drill holes that tested VTEM anomalies during November 2017 has not returned any anomalous results, confirming field observations.