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Legacy Minerals Holdings Ltd. ( (AU:LGM) ) has provided an announcement.
Legacy Minerals Holdings Ltd. has announced a significant geophysical drill target at its Glenlogan Project, identified through a recent survey conducted by its partner S2 Resources. This newly defined anomaly suggests the presence of a potentially mineralized porphyry copper-gold system, which is located near the globally significant Cadia-Ridgeway deposits. The findings from this survey provide a strategic focus for Legacy Minerals’ future exploration efforts, indicating promising prospects for further drilling and potential discoveries. The company plans to conduct additional geophysical work to better define the target before commencing drill testing, marking a critical step in advancing their exploration activities.
More about Legacy Minerals Holdings Ltd.
Legacy Minerals Holdings Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products are copper and gold, and the company is strategically focused on expanding its mineral exploration projects through partnerships, such as the current collaboration with S2 Resources.
YTD Price Performance: 28.57%
Average Trading Volume: 102,117
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$22.42M
Find detailed analytics on LGM stock on TipRanks’ Stock Analysis page.