- Legend Mining (LEG) has received results from three diamond drill holes at the Mawson prospect within the Rockford Project in WA
- However, drill hole 11 in particular was a highlight to Managing Director, Mark Wilson, claiming it’s an outstanding result
- The drill hole hit 12.4 metres of massive nickel-copper sulphides within a 21.6 metre mineralised intercept
- Legend is waiting further assay results which should be reported in the next three to four weeks
- The diamond rig has now been moved to drill hole 12
- Legend is 9.46 per cent in the red this morning trading for 16.8¢ apiece
Legend Mining (LEG) has received results from three diamond drill holes from the Mawson prospect within the Rockford Project in Western Australia.
One of the drill holes, RKDD011 (11), has intersected two zones of significant nickel-copper sulphides.
The upper interval contains multiple thin and localised units of vein, breccia, disseminated and semi-massive sulphide hosted in mafic/ultramafic intrusive.
The lower interval contains three intercepts of massive pyrrhotite-chalcopyrite-pentlandite.
The mineralisation from drill hole 11 is similar to drill hole 8, which was reported in March. The company saw its shares skyrocket more than 70 per cent after uncovering five intersections of high-grade nickel-copper mineralisation.
“Hole 11, which was drilled 20 metres north of hole 8, has hit 12.4 metres of massive nickel-copper sulphides within a 21.6 metres mineralised intercept and is an outstanding result,” Managing Director Mark Wilson said.
Legend Mining said it will follow the same process as hole 8, with structural logging before the samples are sent for testing.
“The assay results should be available in 3-4 weeks and are eagerly awaited. Our expectation is they will be every bit as good as those reported on 21 April 2020 from hole 8,” Mark told the market.
The diamond rig has been moved to drill hole 12.
Legend is 9.46 per cent in the red this morning trading for 16.8¢ per share at 11:36 am AEST.