middle.news
Legacy Minerals Unveils High-Grade Gold Extensions at Drake with $290M NPV
3:40am on Monday 2nd of June, 2025 AEST
•
Mining
Read Story
Legacy Minerals Unveils High-Grade Gold Extensions at Drake with $290M NPV
3:40am on Monday 2nd of June, 2025 AEST
Key Points
New assays confirm broad, high-grade gold and base metal zones at Strauss and Kylo deposits
Drake Project resource now totals 0.8Moz AuEq and 35Moz AgEq with significant base metals
Stage 1 Scoping Study shows pre-tax NPV of A$290.4 million and IRR of 112% at A$4,250/oz gold
Historic drill holes originally for geotechnical data now reveal untested mineralisation potential
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Legacy Minerals Holdings (ASX:LGM)
OPEN ARTICLE