Two New Gold Anomalies Identified at Pinnacle Well with Up to 91.9g/t Rockchip Samples

Legend Mining has identified two new high-priority gold soil anomalies at its Pinnacle Well Project in Western Australia, advancing exploration with geophysical surveys and a key heritage agreement.

  • Discovery of two new gold soil anomalies Au5 and Au6
  • Geophysical surveys underway to refine drill targets
  • Heritage Protection Agreement signed with Watarra Aboriginal Corporation
  • No historic drilling over new anomalies, highlighting exploration potential
  • Extensive soil sampling and multivariate analysis underpin findings
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Exploration Breakthrough at Pinnacle Well

Legend Mining Limited has reported significant progress at its Pinnacle Well Project, located 25 kilometres north-northeast of Leonora in Western Australia. Following an extensive ultrafine fraction soil sampling program and sophisticated multivariate geochemical analysis, the company has identified two new high-priority gold anomalies, designated Au5 and Au6. These discoveries add to the eight previously known anomalies, expanding the project's exploration footprint.

Geophysical Surveys and Drill Planning

To better understand these anomalies and prepare for future drilling, Legend has commenced low-impact geophysical surveys, including gradient array and pole-dipole induced polarisation methods. These surveys aim to delineate subsurface structures and mineralisation zones, particularly around Au5, which is supported by extensive quartz veining, historic rockchip samples with gold grades as high as 91.9 grams per tonne, and favourable host rock geology. Notably, neither Au5 nor Au6 has been subjected to historic drilling, underscoring their potential as fresh targets.

Heritage Protection Agreement Secures Path Forward

Crucially, Legend has formalised a Heritage Protection Agreement with the Watarra Aboriginal Corporation RNTBC, the Prescribed Body Corporate representing the Darlot People, who hold native title over the area. This agreement facilitates heritage surveys necessary for ground-disturbing activities, effectively clearing the way for future drill programs while respecting Indigenous cultural heritage.

Context and Historical Data Integration

The recent discoveries build on a comprehensive database that includes historic exploration data from multiple companies dating back to the 1960s. The integration of 3,519 ultrafine fraction soil samples across four tenements covering approximately 128 square kilometres has enabled a refined understanding of mineralisation trends. The project area is geologically prospective, situated within the Yilgarn Craton, a region known for significant gold deposits such as Gwalia and King of the Hills.

Next Steps and Outlook

Legend plans to complete further reconnaissance rockchip sampling, continue geophysical surveys, and define drill targets in the coming months. The combination of high-grade surface samples, new geophysical data, and secured heritage access positions Pinnacle Well as a compelling exploration story to watch. However, the company cautions that exploration potential remains conceptual until drilling confirms mineral resources.

Bottom Line?

With new anomalies and heritage agreements in place, Pinnacle Well is poised for a critical exploration phase that could reshape Legend Mining’s prospects.

Questions in the middle?

  • How will the upcoming geophysical survey data refine drill targeting at Au5 and Au6?
  • What timeline is Legend Mining projecting for initial drilling and assay results?
  • Could the Heritage Protection Agreement influence exploration schedules or community relations?