Legacy Minerals Announces New Gold Discovery at Mascotte
Key points
- New gold discovery confirmed with assays up to 9.7g/t Au
- Mineralization extends beyond current Mineral Resource
- Potential to expand existing Mineral Resource
- Follow-up drilling planned for higher-grade zones
- Copper-gold drilling underway at Emu Prospect
Full summary
Legacy Minerals Holdings Ltd announced the results of its maiden diamond drilling campaign at the Mascotte Prospect, part of the Mt Carrington Project in NSW. The campaign confirmed a new gold-silver discovery with assays up to 9.7g/t Au and broad mineralization. The mineralization remains open along strike and at depth, providing an opportunity to increase the existing Mineral Resource. The Company plans to conduct ground geophysics and follow-up drilling at Mascotte to target higher-grade gold and base-metal/silver zones. Additionally, drilling is occurring at the Emu Prospect for copper-gold mineralization.
Outlook
Legacy Minerals plans to conduct ground geophysics and follow-up drilling at Mascotte to target higher-grade gold and base-metal/silver zones, with drilling also occurring at the Emu Prospect for copper-gold mineralization.
Summary generated by a large language model. Please interpret with care.