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The latest announcement is out from Legacy Minerals Holdings Ltd. ( (AU:LGM) ).
Legacy Minerals Holdings Ltd. has announced significant advancements in its joint venture arrangements and exploration projects. The company has expanded its partnership with Rio Tinto Exploration Pty Limited for the Thomson Project and is exploring collaboration with Cobalt Blue Holdings for its NiCo Young cobalt-nickel project. Additionally, Legacy Minerals has retained its Bauloora Project and is focusing on the Mt Carrington Project, with a new drilling program and updated resource estimates. These developments are expected to enhance the company’s exploration strategy and potential profitability, while record prices for its primary commodities could positively impact its financial performance.
More about Legacy Minerals Holdings Ltd.
Legacy Minerals Holdings Ltd. operates in the mining industry, focusing on exploration and development of mineral resources. The company is primarily involved in projects across the Lachlan Fold Belt, New England Fold Belt, and Thomson Orogen in New South Wales, with a focus on commodities such as gold, silver, and copper.
Average Trading Volume: 480,539
Technical Sentiment Signal: Buy
Current Market Cap: A$38.65M
See more insights into LGM stock on TipRanks’ Stock Analysis page.