InvestSMART

Legend Mining Limited (ASX:LEG)

ALERT: Price-sensitive ASX Announcement for LEG
Current share price for LEG : $0.008 -0.002 (-20%)+
Announcement
Release
23 Mar 2026 8:10AM
Price at Release
$0.010
Full Release
download
Summary
Legend Mining Limited announced the extension of a chargeable-resistive feature at the Pyrophyllite Hill prospect within the Pinnacle Well Project. This feature, extended to 600 meters, is identified as a potential drill target for gold mineralization, located 25 km NNE of Leonora, Western Australia. The feature is associated with a large pyrophyllite alteration zone and a multielement hydrothermal signature, making it a compelling target. Further ground truthing and drillhole design are planned, with the project's geology and geophysical survey data indicating significant exploration potential.
Key Points
  • Infill geophysical surveys extended a feature to 600 meters at Pyrophyllite Hill.
  • Feature coincides with a large pyrophyllite alteration zone and historical geochemistry.
  • Represents a compelling drill target for gold mineralization.
  • Project located 25 km NNE of Leonora, Western Australia.
  • Further steps include ground truthing and drilling.
  • No drilling has been completed at the Pinnacle Well Project yet.
  • Historic rockchip sampling supports the potential for gold presence.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.