New Mineral Resource Estimate Underway - Mt Carrington
| Stock | Legacy Minerals Holdings Ltd (LGM.ASX) |
|---|---|
| Release Time | 1 Jul 2026, 8:20 a.m. |
| Price Sensitive | Yes |
Legacy Minerals Updates Mt Carrington Mineral Resource Estimate
- WSP Global Inc. appointed to update the Mineral Resource Estimate (MRE) for Mt Carrington
- Update includes new density data, drilling results, and revised assumptions
- Expected to increase silver ounces, copper tonnes, and resource confidence
- Aiming to inform the optimization of the 2026 Scoping Study
- New MRE expected within four weeks
Legacy Minerals Holdings Limited (ASX: LGM) has initiated an update to the Mineral Resource Estimate (MRE) for its Mt Carrington Gold-Silver-Copper Project in New South Wales. The update, led by global advisory firm WSP, incorporates new density data, drilling results, and revised assumptions based on the 2026 Ausenco Scoping Study. The goal is to enhance the confidence in the resource, increase the Indicated Resource tonnage, and better define the gold, copper, and especially the silver endowment. The updated MRE is expected to be completed within four weeks, followed by the optimization of the 2026 Scoping Study.
The updated Mineral Resource Estimate is expected to improve resource confidence and provide a solid foundation for the upcoming Scoping Study Optimization.