Legacy Iron Ore Limited reported solid progress in its September 2025 quarter, advancing gold production at South Laverton and pushing forward feasibility and environmental studies at the Mount Bevan magnetite project.
- Six ore sales totaling 92,632 tonnes at 1.55 g/t gold from Mount Celia
- Completed 1,146 meters of grade control drilling to support resource definition
- Metallurgical and feasibility studies underway for standalone processing facility
- Mount Bevan mining lease application submitted; native title and environmental surveys progressing
- Ongoing exploration across South Laverton and East Kimberley projects
South Laverton Gold Operations Drive Production Growth
Legacy Iron Ore Limited has maintained momentum at its South Laverton gold projects during the September 2025 quarter, with the Mount Celia Gold Operations (MCGO) at the forefront. The company executed six ore sales to Norton Goldfields’ Paddington Mill, delivering over 92,600 tonnes of ore averaging 1.55 grams per tonne gold, yielding approximately 3,541 ounces. This steady throughput underscores Legacy Iron’s commitment to extending mine life and enhancing shareholder value.
Complementing production, Legacy Iron completed a comprehensive grade control and resource definition drilling campaign comprising 31 holes over 1,146 meters at the Blue Peter 2 deposit. This drilling is critical to refining orebody models and supporting mining schedules. Additionally, drilling at the Kangaroo Bore 5 deposit focused on waste rock characterisation, an essential step for environmental compliance and mine planning.
Advancing Processing Capabilities and Resource Evaluation
In parallel with mining activities, the company is progressing metallurgical test work and feasibility studies aimed at establishing a standalone processing facility at Mount Celia. Contracts awarded to JT Metallurgy and Tailex for leach test work and heap leach/tailings storage facility design mark significant steps toward operational independence and potential value uplift. Legacy Iron is also soliciting proposals for heap leach and carbon-in-leach (CIL) processing plants, indicating a strategic push to enhance processing flexibility and efficiency.
Resource re-evaluation is underway as assay results from recent drilling are compiled, potentially updating the mineral resource base. This ongoing work is vital for sustaining production and informing future development decisions.
Mount Bevan Magnetite Project Progresses Through Regulatory and Environmental Milestones
At the Mount Bevan Iron Ore Project, Legacy Iron’s joint venture partner Hancock Magnetite Holdings has completed a pre-feasibility study, laying the groundwork for advancing to detailed feasibility. The company submitted its mining lease application earlier this year, with native title processes actively progressing. Environmental surveys covering flora, fauna, and short-range endemic species have been conducted, reflecting a thorough approach to regulatory compliance.
Preparations for a hydrogeological drilling program are underway, pending tenure grant, to secure water resources critical for mining operations. Additionally, logistics studies and agreements to assess rail infrastructure upgrades have been finalized, aiming to validate cost assumptions and optimize project economics.
Broader Exploration and Corporate Governance
Beyond its flagship projects, Legacy Iron continues exploration across its East Kimberley tenements, with multi-element analyses in progress. The company is also negotiating heritage protection agreements with native title groups for its Yilgangi tenements, an important step in maintaining social license to operate.
On the corporate front, payments to related parties during the quarter were limited to director fees, reflecting standard governance practices.
Overall, Legacy Iron’s September quarter report reveals a company steadily advancing multiple projects through exploration, development, and regulatory milestones, positioning itself for growth in Western Australia’s competitive mining sector.
Bottom Line?
Legacy Iron’s steady operational and feasibility progress sets the stage for potential resource upgrades and production expansion in coming quarters.
Questions in the middle?
- When will assay results from recent drilling campaigns be released, and how might they impact resource estimates?
- What is the expected timeline for mining lease approval and commencement of hydrogeological drilling at Mount Bevan?
- How will the proposed standalone processing facility at Mount Celia influence project economics and production capacity?