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How Legacy Minerals’ Drake Project Could Unlock A$290M Value with New Nickel-Cobalt Play

9:41am on Wednesday 30th of July, 2025 AEST Mining
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How Legacy Minerals’ Drake Project Could Unlock A$290M Value with New Nickel-Cobalt Play

9:41am on Wednesday 30th of July, 2025 AEST
Key Points
  • Drake Project Stage 1 Scoping Study delivers A$290.4M NPV and 31,400oz gold annual production
  • Inaugural drilling completed at Thomson Project targeting intrusion-related gold-copper systems
  • Legacy Minerals secures $7.75 million in equity to fund exploration across key projects
  • New nickel-cobalt deposit pegged at Nico Young with ~1Mt nickel and 100kt cobalt resources
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