Quarterly Activities/Appendix 5B Cash Flow Report

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Stock Legacy Iron Ore Ltd (LCY.ASX)
Release Time 30 Jul 2026, 8:17 a.m.
Price Sensitive Yes
 Legacy Iron Ore Ltd Quarterly Activities Report
Key Points
  • Completed metallurgical test work for heap leach at Bureau Veritas Lab.
  • Pre-Feasibility Study for heap leach plant ongoing.
  • Completed 63 exploration aircore drill holes for Mount Bevan Magnetite Project.
  • Rail and port modelling underway for Mount Bevan Project.
  • Approximately $1.40 million spent on exploration and evaluation activities.
Full Summary

Legacy Iron Ore Ltd has made significant strides in its exploration and development activities across its gold and magnetite projects in Western Australia. Key highlights include the completion of metallurgical test work for heap leaching at Bureau Veritas Lab for the South Laverton Gold Project. The Pre-Feasibility Study for the heap leach plant is ongoing, managed by Mincore. Additionally, the company completed 63 exploration aircore drill holes totaling 6,179 meters for the Mount Bevan Magnetite Project. Rail and port modeling studies are also progressing for the Mount Bevan Project. Legacy Iron Ore Ltd incurred approximately $1.40 million in exploration and evaluation activities during the quarter, primarily for the Mt Bevan Iron Ore Joint Venture's Stage I Feasibility Studies.

Guidance

Approximately $1.40 million spent on exploration and evaluation activities

Outlook

Legacy Iron Ore Ltd plans to continue with the Pre-Feasibility Study for the heap leach plant and further exploration activities for the Mount Bevan Magnetite Project.