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Legacy Minerals unlocks funded drilling at its giant Thomson target
8:36am on Wednesday 11th of November, 2026 AEDT
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Mining
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Legacy Minerals unlocks funded drilling at its giant Thomson target
8:36am on Wednesday 11th of November, 2026 AEDT
Key Points
Red Hill to sole-fund A$2 million of Stage 1 exploration over 12 months
At least 1,500 metres of diamond drilling across two or more targets
Option to spend a further A$4 million for a 75% Thomson interest
Legacy retains 100% ownership during Stage 1 without exploration funding obligations
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