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Legacy Iron Ore Ltd ( (AU:LCY) ) has provided an announcement.
Legacy Iron Ore Limited has provided an update on its Mount Celia project, highlighting the completion of a 5,838-meter grade control drilling program across 223 holes, aimed at improving ore body continuity and aiding short-term mine planning. The company is also conducting waste rock characterization drilling, updating its mineral resource estimates, and progressing metallurgical and feasibility studies for a potential on-site processing facility. These efforts are expected to inform future ore reserve estimations and enhance the project’s development potential.
More about Legacy Iron Ore Ltd
Legacy Iron Ore Limited is a Western Australian company focused on the development and discovery of iron ore, base metals, tungsten, and gold. The company aims to enhance shareholder value through the discovery, development, and operation of profitable mining assets. Since its listing on the Australian Securities Exchange in 2008, Legacy Iron has made several discoveries in iron ore, manganese, and gold, which are currently undergoing drilling and resource definition.
Average Trading Volume: 354,652
Technical Sentiment Signal: Sell
Current Market Cap: A$79.34M
For detailed information about LCY stock, go to TipRanks’ Stock Analysis page.