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Legacy Minerals Holdings Limited (ASX:LGM)

ALERT: Price-sensitive ASX Announcement for LGM
Current share price for LGM : $0.130 0.025 (23.81%)+
Announcement
Release
30 Jul 2026 8:32AM
Price at Release
$0.105
Full Release
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Summary
Legacy Minerals Holdings Limited has announced a significant update to its Mineral Resource Estimate (MRE) for the Mt Carrington Project, with resources now totaling 1.6 million ounces of gold-equivalent (AuEq). This update marks a 151% increase in tonnage since its acquisition in 2024. The current MRE includes 714,000 ounces of gold, 35 million ounces of silver, along with substantial amounts of copper, lead, and zinc. The growth in mineral resources is attributed to new copper and silver domains, favorable metal prices, and additional drilling data. Indicated resources have seen a 69% rise since the 2025 estimate, providing a stronger foundation for the planned Scoping Study. These deposits, rich in both gold and silver, remain open along strike and at depth, presenting opportunities for further expansion of the resource base.
Key Points
  • Mt Carrington Mineral Resource increased to 1.6Moz Gold-Equivalent
  • Significant 151% tonnage increase since 2024 acquisition
  • Contains 714Koz gold and 35Moz silver
  • Copper, lead, and zinc resources also significantly increased
  • New copper and silver domains contributed to resource growth
  • Indicated resources increased by 69% since 2025
  • Potential for further resource expansion along strike and at depth
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.