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An update from Legacy Minerals Holdings Ltd. ( (AU:LGM) ) is now available.
Legacy Minerals Holdings Limited has announced the results of its initial drilling assays at the Thomson Project in New South Wales, Australia, which have shown promising signs of silver, tungsten, base metals, and gold. The findings suggest the presence of a large-scale intrusion-related gold-copper system, prompting further drilling plans. The company has received government approvals for additional drilling at key anomalies, aiming to explore significant new gold and copper discoveries. This development positions Legacy Minerals as a pioneering entity in the region, potentially enhancing its standing in the mining sector and offering substantial opportunities for stakeholders.
More about Legacy Minerals Holdings Ltd.
Legacy Minerals Holdings Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in identifying and extracting gold, copper, silver, and other base metals. Its market focus includes large-scale mineral discoveries, particularly in regions with potential for intrusion-related gold-copper systems.
Average Trading Volume: 336,023
Technical Sentiment Signal: Sell
Current Market Cap: A$26.04M
See more data about LGM stock on TipRanks’ Stock Analysis page.