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Legend Mining Limited (ASX:LEG)

ALERT: Price-sensitive ASX Announcement for LEG
Current share price for LEG : $0.009 0.001 (12.50%)+
Announcement
Release
14 Apr 2026 11:27AM
Price at Release
$0.008
Full Release
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Summary
Legend Mining Limited's March 2026 Quarterly Report highlights the completion of geophysical surveys at Pinnacle Well's Alpha North and Pyrophyllite Hill prospects, identifying significant chargeable and resistive features, enhancing the gold prospectivity of these areas. Drill programs are set to begin in July 2026. Financially, the company received an R&D refund of $811K, finishing the quarter with a $10.2M cash balance. Exploration and evaluation expenditure totaled $676,000 for the quarter, with no mining production activities reported.
Key Points
  • Completion of geophysical surveying at Alpha North and Pyrophyllite Hill
  • Coincident chargeable and resistive features identified at Alpha North
  • NW-SE trending chargeability-resistivity feature at Pyrophyllite Hill
  • Expected drilling to commence in July 2026
  • R&D refund of $811K received in February 2026
  • Cash balance at end of March 2026 quarter: $10.2M
  • Exploration and Evaluation Expenditure during the quarter: $676,000
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.