Legacy Iron Ore Reports 59,700 Tonnes Sold and Mining Lease Application Filed
Legacy Iron Ore Limited reported solid progress in its June 2025 quarter, with ongoing gold production at South Laverton and key development milestones at the Mount Bevan magnetite project.
- Executed five ore sales totaling over 59,700 tonnes at Mount Celia Gold Operations
- Completed extensive drilling at Kangaroo Bore with assay results under review
- Submitted mining lease application for Mount Bevan Magnetite Project
- Advanced environmental, heritage, and groundwater surveys at Mount Bevan
- Continued exploration across South Laverton and East Kimberley projects
Steady Gold Production at South Laverton
Legacy Iron Ore Limited’s June 2025 quarterly report highlights ongoing mining and exploration activities at its South Laverton gold projects, particularly the Mount Celia Gold Operations (MCGO). The company executed five ore sales to Norton Goldfields’ Paddington Mill, delivering nearly 60,000 tonnes of ore at an average grade of 2.12 grams per tonne, containing over 4,000 ounces of gold. This steady output underscores Legacy Iron’s commitment to expanding its gold production footprint in a well-established mineral belt.
Drilling efforts at the northern extensions of the Kangaroo Bore deposit were completed during the quarter, with 216 holes drilled over 5,696 metres. Assay results are currently being reviewed, which could provide further clarity on resource continuity and potential grade improvements. Meanwhile, mining progressed in the Kangaroo Bore 2 and 3 pits as well as the Blue Peter 3 pit, supporting ongoing production and resource definition.
Mount Bevan Magnetite Project Advances
The Mount Bevan Magnetite Project, located roughly 250 kilometres north of Kalgoorlie, continues to move forward under a joint venture with Hancock Magnetite Holdings. The quarter saw the submission of a mining lease application and the commencement of the native title process, key regulatory steps toward eventual mine development. Legacy Iron also progressed applications for miscellaneous licences to secure infrastructure and water exploration corridors.
Environmental and heritage surveys have been actively conducted, including flora, fauna, and short-range endemic species assessments, reflecting the company’s attention to regulatory compliance and sustainable development practices. Groundwater exploration included a passive seismic survey to identify aquifers and paleochannels, essential for water sourcing in this arid region.
Broader Exploration and Strategic Outlook
Beyond its flagship projects, Legacy Iron is advancing exploration in the East Kimberley region, targeting gold, base metals, and rare earth elements. Recent rock chip sampling and geological traverses have identified promising mineralised zones, with analytical work planned for the coming quarter. The company’s portfolio spans 25 tenements across three key project areas, positioning it well to capitalise on Western Australia’s rich mineral endowment.
Legacy Iron’s approach combines systematic drilling, resource definition, and environmental stewardship, aiming to enhance shareholder value through capital growth and operational progress. The company’s management team, led by CEO Dr Ranajit Das, continues to drive exploration and development with a clear focus on advancing projects through feasibility and permitting stages.
Bottom Line?
Legacy Iron’s steady operational progress and strategic project advancements set the stage for potential resource upgrades and production growth in the coming quarters.
Questions in the middle?
- What will the pending assay results from Kangaroo Bore reveal about resource expansion?
- How soon can the Mount Bevan mining lease be granted to accelerate project development?
- What impact will environmental and heritage survey outcomes have on project timelines?
