• First diamond drill hole beneath Mascotte workings returns significant widths and grades of gold and silver
• New gold discovery is open at depth, to surface, and along strike
• Drilling results are similar in character to Mt Carrington epithermal deposits

Legacy Minerals has intersected a significant zone of gold mineralisation outside the existing Mineral Resource in initial drilling at its Mt Carrington Project in NSW. The first ever diamond drill hole beneath the 1.3km line of Mascotte workings has returned significant widths and grades of gold and elevated silver, up to 5.6g/t Au and 72g/t Ag. This new gold discovery is open at depth, to surface, and along strike, and the grades and widths of the drilling are similar in character to mineralisation seen at the Mt Carrington epithermal deposits of Kylo, Strauss and Silver King, 5km to the north. All six completed drill holes have intersected variable thick zones of very fine-grained sulphides within veins and breccias in association with hematite and sericite/adularia alteration. The drilling exists outside of the existing Mineral Resource (MRE) at Mt Carrington, and the Company will assess next steps upon receipt of the remaining assays across the wider zone.

The Company is continuing drilling at the Mascotte Prospect, with detailed geological logging and sampling ongoing across the 1.3km strike of workings. Once all drilling assays are received, the Company will plan the next steps regarding the Prospect with potential for ground geophysics prior to any follow-up drill campaigns. The Company is also advancing approvals and site preparation for the next regional target areas, including Mt Carrington, White Rock and Emu Prospects.