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Legend Mining Limited ( (AU:LEG) ) just unveiled an update.
Legend Mining reported a productive March 2026 quarter at its Pinnacle Well Project near Leonora, driven by completion of induced polarisation geophysical surveys at the Alpha North and Pyrophyllite Hill prospects. The company ended the period with a cash balance of $10.2 million, supported by an $811,000 R&D refund, providing a solid funding base for upcoming drilling.
Survey work at Alpha North defined coincident chargeable and resistive features over a 700-metre strike, aligned with anomalous geochemistry, quartz veining, historic gold workings and significant regional shears, materially enhancing the area’s gold prospectivity. At Pyrophyllite Hill, a 600-metre NW-SE trending chargeability-resistivity anomaly consistent with key regional structures suggests disseminated sulphides and silica alteration at depth, with drill program approvals underway and field drilling targeted to commence in July 2026.
More about Legend Mining Limited
Legend Mining Limited is an Australian mineral exploration company focused on gold and base metals in Western Australia. Its key assets include the Pinnacle Well Project in the Leonora District, targeting intrusive-related and structurally controlled vein-hosted gold and VMS-style zinc-copper-lead-silver mineralisation, along with interests in the Rockford project in the Fraser Range for nickel, copper, zinc, silver and gold.
Average Trading Volume: 754,433
Technical Sentiment Signal: Sell
Current Market Cap: A$26.23M
For a thorough assessment of LEG stock, go to TipRanks’ Stock Analysis page.