• Airborne MT survey defines multiple significant targets at Mt Carrington
• Drilling commenced at the Battery Copper-Gold and Mascotte Silver-Gold Prospects
• Metallurgical study commenced to underpin delivery of a Stage 2 Scoping Study

Legacy Minerals has delivered exciting progress during the September Quarter, with a core focus on its rapidly emerging Mt Carrington Project in northern NSW. An airborne MT survey has revealed multiple highly compelling exploration targets, including an extensive, untested strike length potential for the Mt Carrington system, immediate extensions below the existing shallow Mineral Resource, and a pipeline of previously unrecognised gold-silver-copper targets. Drilling approvals have been received, and drilling has commenced at the Battery Copper-Gold and Mascotte Silver-Gold Prospects. Legacy has also engaged Ausenco to undertake a Metallurgical Bridging Study to inform the potential processing pathways for a Stage 2 Scoping Study of the Mt Carrington Project. At the Thomson Project, initial assays from diamond drilling have confirmed encouraging zones of silver, tungsten, base metals, and elevated gold, supporting the potential for a large, intrusion-related gold and copper system. Within the generative project portfolio, a major 10,000m drill program has commenced at the Fontenoy Platinum Group Elements (PGEs) Project, targeting conductivity features identified from a recent airborne geophysical survey.

The Company's upcoming work program includes discovery drilling to explore new greenfield epithermal-porphyry targets within the Drake Caldera, resource extension assessment, increasing resource confidence, and undertaking a metallurgical bridging study to feed into a Stage 2 Scoping Study for the Mt Carrington Project.