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Legacy Minerals Holdings Ltd. ( (AU:LGM) ) has shared an update.
Legacy Minerals Holdings Ltd. has received drilling approvals from the NSW Government for its Mt Carrington Project, allowing for extensive exploration targeting new geophysical areas. The project, which has a history of significant gold and copper production, aims to build on historical data with new drilling and geophysical insights, supported by a strong cash position from a recent $7.75 million capital raise. This development positions Legacy Minerals to potentially enhance its resource base and strengthen its standing in the mining sector.
More about Legacy Minerals Holdings Ltd.
Legacy Minerals Holdings Ltd. is a company operating in the mining industry, focusing on the exploration and development of gold, copper, and critical mineral resources. The company is engaged in projects such as the Mt Carrington Project, which is known for its significant historical production and resource potential.
Average Trading Volume: 278,435
Technical Sentiment Signal: Sell
Current Market Cap: A$23.52M
Learn more about LGM stock on TipRanks’ Stock Analysis page.