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Legacy Minerals Raises A$7.75M to Accelerate Drake and Thomson Exploration

2:21am on Monday 2nd of June, 2025 AEST Mining
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Legacy Minerals Raises A$7.75M to Accelerate Drake and Thomson Exploration

2:21am on Monday 2nd of June, 2025 AEST
Key Points
  • A$7.75 million placement at $0.18 per share with attaching options
  • Funds to expand drilling at Thomson and initiate Drake drilling in H2 2025
  • Stage 2 Scoping Study planned for Drake Project to build on earlier robust results
  • Strong institutional investor support validates Legacy’s exploration strategy
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