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The latest announcement is out from Legacy Minerals Holdings Ltd. ( (AU:LGM) ).
Legacy Minerals Holdings Ltd. has announced significant progress in its exploration projects, including ongoing drilling campaigns targeting gold, platinum, and palladium. The company has reported promising drilling results from its Fontenoy project and has planned further drilling in July 2025 to explore higher-grade zones. Additionally, Legacy Minerals has entered a joint venture with Hilltops Gold for the Harden Gold Project, allowing Hilltops to earn an 80% interest by investing $800,000 over four years. This partnership provides Legacy Minerals with a 5% stake in Hilltops Gold and exposure to additional gold development opportunities. The ongoing and planned exploration activities are expected to enhance the company’s asset base and offer non-dilutive value to shareholders.
More about Legacy Minerals Holdings Ltd.
Legacy Minerals Holdings Ltd. is a company operating in the mining industry, focusing on exploration and development of mineral resources. The company primarily targets gold, platinum, and palladium through its various projects in New South Wales, Australia. Legacy Minerals is involved in multiple joint ventures and generative exploration projects, aiming to expand its portfolio and provide value to its shareholders.
Average Trading Volume: 498,370
Technical Sentiment Signal: Buy
Current Market Cap: A$30.43M
Find detailed analytics on LGM stock on TipRanks’ Stock Analysis page.