Thursday 25 July 2024

Legacy Minerals Holdings (ASX:LGM): Exploring for high grade gold, copper and base metal

Shares in Legacy Minerals Holdings (ASX:LGM) have risen more than 100% to date this year. The junior is exploring for high grade gold, copper and base metal deposits in the Lachlan Fold Belt in New South Wales and has this year reported a range of announcements, including drilling and acquisition. Ahead of appearing at Sydney Mining Club CEO & Managing Director Chris Byrne speaks with Lel Smits on The Stock Network.

1. Projects
Legacy Minerals has eight projects in the Lachlan Fold Belt and New England Fold Belt, both in New South Wales. What are the latest developments at these projects and your current priorities?

2. Drilling targets
The company has a strong pipeline of drill ready, high conviction targets: What’s your exploration strategy over the coming 6-12 months?

3. Gold/copper and base metal resources
Gold prices have stayed strong and the decarbonisation and electrification of the world has supported demand for copper: What supply demand factors do you expect to support the future of Legacy Minerals operations?

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