Legend Mining Navigates Weather Delays
Company Announcements

Legend Mining Navigates Weather Delays

Legend Mining Limited (AU:LEG) has released an update.

Legend Mining Limited reported a challenging June 2024 quarter, with heavy rainfall and road closures disrupting field activities at their Rockford Project in Western Australia, stalling work until late July. Despite these setbacks, the company has completed some statutory rehabilitation and initiated a High-Power EM survey at the Octagonal prospect. Financially, Legend Mining remains robust with a cash reserve of $13.1M as of June 30, 2024, while awaiting a rescheduled Native Title Landholders visit and pushing forward with their diamond drill planning at Mawson.

For further insights into AU:LEG stock, check out TipRanks’ Stock Analysis page.

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