Latest Legacy Minerals (ASX:LGM) News

Legacy Minerals has secured NSW Government approvals to drill new high-grade silver and copper-gold targets at its Mt Carrington Project, initiating a key phase of exploration that could expand its 1.2Moz gold equivalent resource.

Legacy Minerals has secured NSW Government approval to recommence drilling at its Mt Carrington gold-copper project, unveiling fresh geophysical targets and backed by a recent $7.75 million capital raise.

Legacy Minerals reports a robust Stage 1 Scoping Study for its Drake Project, confirming strong economics and production potential, while inaugural drilling at the Thomson Project and a $7.75 million capital raise set the stage for accelerated exploration.

Legacy Minerals has initiated a major 10,000-metre diamond drilling program at its Fontenoy Project in NSW, aiming to test newly identified conductive zones linked to platinum group elements, nickel, copper, and gold mineralisation.

Legacy Minerals' latest Airborne Magneto Tellurics survey at the Drake Project reveals extensive new gold-copper-silver targets, highlighting significant potential for resource expansion and fresh discoveries.

Legacy Minerals has acquired exploration rights to the Nico Young nickel-cobalt deposit in NSW, boasting one of Australia’s largest contained resources with significant strategic potential amid current market lows.

Legacy Minerals has completed its inaugural drilling campaign at the Thomson Project in north-west NSW, intersecting extensive quartz-sulphide veins indicative of promising intrusion-related gold and copper mineralisation. Assay results are pending, with further drilling approvals underway to explore additional targets.

Legacy Minerals Holdings has raised A$7.75 million through a strongly supported equity placement to accelerate drilling and exploration at its key Drake and Thomson projects in New South Wales.

Legacy Minerals has lodged an exploration licence application over the Nico Young nickel-cobalt deposit in NSW, securing a nationally significant resource with no acquisition cost. This strategic move positions the company to capitalize on future nickel and cobalt market recoveries.

Legacy Minerals has resumed drilling at its expansive Thomson Project in NSW, focusing on the promising Cut-B anomaly after completing work on the F4 anomaly. Early results and historical data suggest a significant intrusion-related gold-copper system with high-grade mineralisation potential.

Legacy Minerals has reported compelling new assay results from historic diamond drilling at its Drake Project in NSW, confirming broad, high-grade gold and base metal mineralisation that supports resource growth and robust economics.

Legacy Minerals has significantly upgraded its Drake Project resource to 0.8 million ounces gold-equivalent and reported a robust Stage 1 Scoping Study, setting the stage for potential production growth. Exploration momentum continues across its NSW portfolio with ongoing drilling and geophysical surveys.