tiprankstipranks
Company Announcements

Legacy Minerals Begins Drilling at Promising Thomson Project

Story Highlights
Legacy Minerals Begins Drilling at Promising Thomson Project

An update from Legacy Minerals Holdings Ltd. ( (AU:LGM) ) is now available.

Legacy Minerals Holdings Ltd. has commenced drilling two major copper-gold targets at its Thomson Project in New South Wales, Australia. The project targets large, untested geophysical anomalies that could represent significant intrusion-related gold-copper systems. With government approvals secured, the company is utilizing advanced geophysical techniques to explore these anomalies, which are located in a promising geological setting. The drilling, expected to take six weeks, could potentially lead to a major discovery, enhancing the company’s position in the mining sector and offering significant opportunities for stakeholders.

More about Legacy Minerals Holdings Ltd.

Legacy Minerals Holdings Ltd. operates in the mining industry, focusing on the exploration and development of gold and copper resources. The company is actively engaged in identifying and drilling potential mineral systems, particularly in under-explored regions like the Thomson Project in New South Wales, Australia.

YTD Price Performance: 28.57%

Average Trading Volume: 89,883

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$23.04M

Find detailed analytics on LGM stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App