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Legacy Minerals Holdings Ltd. ( (AU:LGM) ) has issued an update.
Legacy Minerals Holdings Ltd has identified new silver targets and received drilling approvals at its Mt Carrington Project, which could significantly expand the existing gold-silver resource of 115Moz Ag-Equivalent. The company is advancing its exploration efforts with a 3,500-meter drilling program at the White Rock Prospect, aiming to explore untested zones that may extend the mineralized footprint. This development is part of Legacy Minerals’ dual-track strategy to enhance resource growth and technical advancement, supported by ongoing drilling at other prospects and a progressing scoping study by Ausenco.
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, silver, and critical mineral resources. The company is primarily engaged in expanding its resource base at the Mt Carrington Project in New South Wales, Australia, which is known for its significant gold and silver deposits.
Average Trading Volume: 494,610
Technical Sentiment Signal: Sell
Current Market Cap: A$32.77M
See more insights into LGM stock on TipRanks’ Stock Analysis page.