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Legacy Minerals Announces High-Grade Gold Intercepts and Resource Expansion

Story Highlights
  • Legacy Minerals focuses on gold and mineral exploration, enhancing resource estimates.
  • New gold intercepts at Drake Project indicate significant resource expansion potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Legacy Minerals Holdings Ltd. ( (AU:LGM) ) just unveiled an announcement.

Legacy Minerals Holdings Ltd. has released an amended announcement regarding high-grade gold intercepts from its drilling activities, which demonstrate significant potential for resource expansion at the Drake Project. The new assay results confirm resource continuity and extend known gold mineralization, with the deposits remaining open in all directions. These findings build on a recent Mineral Resource Estimate and Scoping Study, which showed a substantial increase in resources and robust economic prospects, positioning the company favorably within the industry.

More about Legacy Minerals Holdings Ltd.

Legacy Minerals Holdings Ltd. is a company operating in the mining industry, primarily focused on exploring and developing mineral resources. The company is involved in projects that target gold and other valuable minerals, with a market focus on increasing resource estimates and enhancing economic viability through drilling and feasibility studies.

YTD Price Performance: 71.43%

Average Trading Volume: 401,221

Technical Sentiment Signal: Sell

Current Market Cap: A$29.98M

See more insights into LGM stock on TipRanks’ Stock Analysis page.

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