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Legend Mining Limited ( (AU:LEG) ) has issued an announcement.
Legend Mining Limited has signed Binding Term Sheets to acquire a 100% interest in the Pinnacle Well Project, located 25 km NNE of Leonora, Western Australia. This acquisition marks Legend’s strategic entry into the mineral-rich Leonora district, known for its significant gold and base metal deposits. The company plans to conduct extensive exploration activities, including data compilation and geophysical surveys, to identify potential drill targets, thereby enhancing its operational footprint and market positioning in the region.
More about Legend Mining Limited
Legend Mining Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with gold and base metals, aiming to expand its project portfolio beyond its existing operations in the Fraser Range.
Technical Sentiment Signal: Sell
Current Market Cap: A$17.47M
See more insights into LEG stock on TipRanks’ Stock Analysis page.