Silver-Gold AI Targeting Advances Discovery Potential

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Stock Legacy Minerals Holdings Ltd (LGM.ASX)
Release Time 18 May 2026, 9:27 a.m.
Price Sensitive Yes
 Legacy Minerals Identifies New Exploration Targets at Mt Carrington
Key Points
  • AI-assisted targeting identifies 38 priority gold-silver-copper targets
  • Targets include brownfields extension and new regional areas
  • Upcoming drill campaign to test the first priority target near the Emu Prospect
Full Summary

Legacy Minerals Holdings Ltd has announced the results of an AI-assisted targeting study at its Mt Carrington Project in New South Wales. The study, which applied Vrify's DORA platform to the company's geological, geochemical, and geophysical data, has identified 38 priority gold-silver-copper targets. These targets include extensional targets near known mineralisation and new regional targets outside the current mineral resource. The first of these targets will be drill-tested in an upcoming campaign near the Emu Prospect. The study also highlights potential for resource growth and new discoveries across the district-scale epithermal project.

Guidance

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Outlook

The company plans to drill test the first priority target near the Emu Prospect in the upcoming campaign, with additional drilling planned pending regulatory approval.