• Legacy Minerals has entered into a binding Earn-in and Farm-in Agreement with Aurelia Metals over the Cobar Project.
• Aurelia will earn up to a 90% interest by funding A$2.0 million of exploration over five years.
• Legacy Minerals retains exposure through a joint venture interest or NSR royalty after Stage 2.

Legacy Minerals Holdings Limited (ASX: LGM) has entered into a binding Earn-in and Farm-in Agreement with Peak Gold Mines Pty Ltd, a subsidiary of Aurelia Metals, for its Cobar Project in New South Wales. Under the agreement, Aurelia will earn a 51% interest by funding A$500,000 of exploration within two years and an additional 39% interest by funding A$1.5 million over five years, totaling a 90% interest. Legacy Minerals will retain a 10% joint venture interest or a Net Smelter Return (NSR) royalty on gold and base metals. The agreement leverages Aurelia's established presence in the Cobar Basin, including nearby mines and processing infrastructure, to facilitate a clear pathway from exploration to development. Legacy Minerals will continue to focus on its flagship Mt Carrington gold-silver project.