Legacy Iron Ore Ltd ( (AU:LCY) ) has shared an announcement.
Legacy Iron Ore Ltd has announced revised mineral resource estimates for its Mt Celia Gold Project, showing a total mineral resource of 4.30 million tonnes at 1.84 g/t for 255,200 ounces, with a 27% increase in grade. The company highlights that 46% of the resource is in the Measured and Indicated category, with significant potential for further development and discovery of new mineralization. The updated estimates support the economic potential of the Mt Celia project and suggest future opportunities for underground mining, particularly in the Blue Peter deposits. The company remains focused on extending existing mineralization and discovering new resources within the project area.
More about Legacy Iron Ore Ltd
Legacy Iron Ore Limited is a Western Australian company focused on the development and discovery of iron ore, base metals, tungsten, and gold. The company aims to increase shareholder wealth through capital growth by discovering, developing, and operating profitable mining assets. Legacy Iron has been listed on the Australian Securities Exchange since 2008 and has made several discoveries in iron ore and gold, which are currently undergoing drilling and resource definition.
YTD Price Performance: 10.0%
Average Trading Volume: 414,043
Technical Sentiment Signal: Buy
Current Market Cap: A$109.1M
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