Legacy Minerals Targets Fontenoy’s Hidden PGE-Ni-Cu Rich Zones with 10,000m Drill Program
Legacy Minerals has initiated a major 10,000-metre diamond drilling program at its Fontenoy Project in NSW, aiming to test newly identified conductive zones linked to platinum group elements, nickel, copper, and gold mineralisation.
- 10,000m diamond drilling campaign underway at Fontenoy Project
- Targets newly defined VTEM conductive anomalies indicating potential magmatic sulphide systems
- Previous drilling intersected significant PGE and copper-gold mineralisation on anomaly edges
- Campaign fully funded under Farm-in JV with Earth AI using AI-driven targeting
- Follow-up 3D IP surveys planned to refine exploration targets
Exploration Accelerates at Fontenoy
Legacy Minerals has embarked on a substantial 10,000-metre diamond drilling campaign at its Fontenoy Project in New South Wales, signalling a decisive step forward in exploring the region’s promising platinum group elements (PGE), nickel, copper, and gold potential. This campaign focuses on testing high-priority geophysical targets identified through a recent advanced airborne Versatile Time Domain Electromagnetic (VTEM) survey, which revealed a large, previously untested conductive anomaly.
A New Conductive Zone with Strong Potential
The VTEM survey, conducted by UTS Geophysics Pty Ltd, uncovered a significant electromagnetic response interpreted as a magmatic sulphide system akin to the world-class Norilsk complex. This anomaly extends to depths of approximately 700 metres and is spatially associated with historical drill intercepts that returned encouraging PGE and copper-gold mineralisation, including intervals such as 120 metres at 0.3 grams per tonne PGE and 19.8 metres at 0.19 grams per tonne gold with 0.33% copper.
Importantly, the main 'neck' of this conductive anomaly remains untested by drilling, presenting a compelling target for the current campaign. The geological setting; featuring mafic-ultramafic intrusions and layered textures; supports the potential for magmatic Ni-Cu-PGE mineralisation, with sulphides occurring interstitially within cumulate textures and early-formed platinum arsenide and palladium minerals identified in previous work.
Strategic Partnership and Advanced Targeting
This drilling program is fully funded through a Farm-in Joint Venture agreement with Earth AI, a vertically integrated exploration company applying artificial intelligence to refine deposit targeting. Earth AI’s AI-driven system has helped define multiple drill-ready targets, which are now being tested with diamond drilling. Legacy Minerals’ CEO Christopher Byrne highlighted the synergy between the new geophysical data and historical results, expressing optimism about the potential to delineate high-grade mineralisation zones.
Next Steps and Broader Exploration Portfolio
Alongside the ongoing drilling, Earth AI plans to conduct 3D induced polarization (IP) surveys to better understand the depth and extent of the conductive zones and to refine future drill targets. Legacy Minerals continues to advance exploration across its broader NSW portfolio, which includes several other promising projects targeting gold, copper, and base metals.
While assay results from the current drilling are pending, the combination of advanced geophysical techniques, AI targeting, and encouraging historical data positions the Fontenoy Project as a compelling prospect in the search for significant PGE-Ni-Cu mineralisation in Australia.
Bottom Line?
As drilling progresses, all eyes will be on assay results to confirm whether Fontenoy’s conductive anomaly translates into a world-class mineral discovery.
Questions in the middle?
- Will the ongoing drilling confirm the extent and grade of the newly identified conductive zone?
- How effectively will AI-driven targeting by Earth AI accelerate discovery compared to traditional methods?
- What implications will the Fontenoy results have for Legacy Minerals’ broader NSW exploration strategy?
