Legend Mining Limited (AU:LEG) has released an update.
Legend Mining Limited reported a strong cash position of $13.65M at the end of March 2024, despite significant weather-related disruptions at their Rockford Project. The company received a substantial R&D tax refund and is progressing with preparatory work, such as AI-driven target identification and seismic data reprocessing, ahead of upcoming drilling activities. The unprecedented rainfall has delayed field activities but the firm stands resilient with plans to resume operations shortly.
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