LGM.ASX: Drilling Commences at the Emu Copper-Gold Target

Drilling Commences at the Emu Copper-Gold Target

Stock	Legacy Minerals Holdings Ltd (LGM.ASX)
Release Time	11 Jun 2026, 9:10 a.m.
Price Sensitive	Yes

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Legacy Minerals Begins Drilling at Emu Copper-Gold Target

Key Points

Diamond drilling has commenced at Emu Copper-Gold Prospect
First modern drill test in 50 years targeting copper
Two distinct targets identified: Emu Porphyry Core and Emu Alteration Halo SE

Full Summary

Legacy Minerals Holdings Ltd has initiated an 8-hole, 4,000m diamond drilling program at the Emu Copper-Gold Prospect, part of the Mt Carrington Project in northern NSW. This marks the first modern drill test of the Emu Porphyry Core and Emu Alteration Halo SE targets, which were identified through airborne Mobile MT geophysics. Copper is the primary target at Emu, with historical copper mining in the area. The drilling program is expected to be completed progressively over the next three months, with potential for follow-up drilling based on results. The Emu Prospect is one of three high-priority targets within the Mt Carrington Project, which has an existing Mineral Resource of 1.2Moz AuEq (115Moz AgEq).

Outlook

The commencement of drilling at Emu is expected to provide valuable insights into the potential of the Emu Porphyry Core and Emu Alteration Halo SE targets, with potential to expand the existing Mt Carrington Mineral Resource.