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Legacy Minerals Holdings Ltd. ( (AU:LGM) ) has issued an update.
Legacy Minerals Holdings Ltd. has engaged Ausenco Pty Ltd to conduct a metallurgical bridging study for its Mt Carrington Project, which aims to optimize processing pathways for a Stage 2 Scoping Study. The project, known for its robust economics demonstrated in a previous scoping study, is expected to assess the full 1.2 million ounces of gold-equivalent resources, potentially increasing resource confidence and highlighting exploration opportunities. The study’s results could significantly impact the company’s operations by enhancing its resource growth potential and improving its industry positioning.
More about Legacy Minerals Holdings Ltd.
Legacy Minerals Holdings Ltd. operates in the mining industry, focusing on the exploration and development of polymetallic deposits. The company’s primary products include gold, silver, zinc, and copper, with a significant market focus on developing its Mt Carrington Project in New South Wales, Australia.
Average Trading Volume: 277,983
Technical Sentiment Signal: Sell
Current Market Cap: A$26.88M
For an in-depth examination of LGM stock, go to TipRanks’ Overview page.