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Legacy Minerals Holdings Limited (ASX:LGM)

ALERT: Price-sensitive ASX Announcement for LGM
Current share price for LGM : $0.115 -0.145 (-55.77%)+
Release
10 Oct 2025 9:14AM
Price at Release
$0.260
Full Release
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Summary
Legacy Minerals Holdings Limited (ASX: LGM) is undertaking significant exploration activities at its Mt Carrington Project in New South Wales, Australia. The company has confirmed high-grade gold potential at the Mascotte prospect, where rock chip samples have shown promising results. Drilling approvals have been granted for extensive diamond drilling at this site. Additionally, drilling is commencing at the Battery prospect to explore potential porphyry copper-gold and breccia targets identified in previous surveys but not drilled. The Mt Carrington Project, with its existing 24 million ounces of silver in resources, presents opportunities for further silver-rich discoveries.
Key Points
  • High-grade gold mineralization confirmed at Mascotte prospect
  • Drilling approvals received for diamond cored drilling at Mascotte
  • Existing 24 million ounces of silver in resources at Mt Carrington
  • Drilling commenced at Battery prospect for porphyry copper-gold targets
  • Mt Carrington Project offers potential for further silver-rich discoveries
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.