Legacy Minerals Holdings Ltd. (AU:LGM) has released an update.
S2 Resources Ltd has commenced the inaugural diamond drilling operation at the Glenlogan project in New South Wales, aiming to explore a large magnetic anomaly suspected to be a copper-gold porphyry deposit. The drill is set to penetrate over 1,000 meters, taking approximately 4 to 6 weeks to reach the anomaly’s core, which is hypothesized to harbor copper-gold mineralization. Given the complexity of potential geological formations, a second drill hole is also planned to ensure a comprehensive assessment of the target zone.
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