Legacy Minerals Holdings Ltd. ( (AU:LGM) ) just unveiled an announcement.
Legacy Minerals Holdings Ltd. has amended its previous announcement regarding the Drake Project to comply with JORC Code and Listing Rules, removing a non-compliant stockpile from its Scoping Study. The updated study highlights robust economic potential, with significant improvements from the 2020 Pre-feasibility Study, showcasing a strong net present value and internal rate of return. The company plans to continue exploring and expanding its resource base, focusing on gold and silver deposits, which could enhance its market positioning and offer substantial growth opportunities for stakeholders.
More about Legacy Minerals Holdings Ltd.
Legacy Minerals Holdings Ltd. operates in the mining industry, focusing on resource exploration and development. The company is primarily involved in gold and silver mining projects, with a significant emphasis on expanding its mineral resources and exploration capabilities.
YTD Price Performance: 117.86%
Average Trading Volume: 314,625
Technical Sentiment Signal: Sell
Current Market Cap: A$38.1M
See more data about LGM stock on TipRanks’ Stock Analysis page.