Legacy Minerals Holdings Ltd. ( (AU:LGM) ) has shared an announcement.
Legacy Minerals Holdings Ltd. has announced a significant update to its Mineral Resource Estimate (MRE) for the Drake Epithermal Gold-Silver Project, now totaling 34 million tonnes with 0.8 million ounces of gold-equivalent and 35 million ounces of silver-equivalent. This update reflects increased metal prices and extensive geological modeling, highlighting the project’s potential for future growth and new discoveries. The company plans to further explore the project’s mineralized areas, aiming for substantial extensions and new discoveries, supported by ongoing geophysical and geochemical work.
More about Legacy Minerals Holdings Ltd.
Legacy Minerals Holdings Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with gold and silver, with significant interests in zinc, copper, and lead. Its market focus includes the development of the Drake Epithermal Gold-Silver Project in New South Wales, Australia.
YTD Price Performance: 7.14%
Average Trading Volume: 92,931
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$18.68M
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