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Legend Mining Limited ( (AU:LEG) ) has issued an announcement.
Legend Mining Limited has completed the acquisition of the Pinnacle Well Project in the Leonora district, marking its entry into the gold sector. This strategic move aims to diversify its portfolio beyond the Fraser Range, enhancing its exposure to gold and base metals. The company maintains a strong cash position of $11.8 million and continues to engage in land access negotiations and explore new project opportunities that align with its strengths.
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, nickel, copper, lead, zinc, and silver, with a market focus on expanding its project portfolio in Western Australia.
Technical Sentiment Signal: Sell
Current Market Cap: A$24.77M
For a thorough assessment of LEG stock, go to TipRanks’ Stock Analysis page.