tiprankstipranks

Legacy Minerals Confirms Significant Gold System at Thomson Project

Story Highlights

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

Legacy Minerals Holdings Ltd. has announced significant assay results from its Thomson Project in New South Wales, Australia, confirming the presence of large-scale intrusion-related gold systems. The new assays, derived from previously unsampled historic drill cores, reveal high-grade gold and silver intervals, enhancing the project’s discovery potential. The ongoing drilling campaign targets the F4 and Cut-B anomalies, which show similar geophysical characteristics to the promising Cut-A anomaly, indicating potential for major discoveries in the region.

More about Legacy Minerals Holdings Ltd.

Legacy Minerals Holdings Ltd. is an exploration company focused on discovering and developing mineral resources, primarily in the gold and copper sectors. The company operates in underexplored terrains in Australia, with a significant emphasis on intrusion-related gold systems.

YTD Price Performance: 57.14%

Average Trading Volume: 181,125

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$29.35M

See more data about LGM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App