Join our daily newsletter At The Bell to receive exclusive market insights
- Legend Mining (LEG) has intersected further massive nickel-copper sulphides from diamond hole RKDD013 at the Mawson prospect in WA
- Hole RKDD013 intersected a 12-metre interval of nickel-copper sulphide mineralisation from a depth of 239.2 metres
- This hole also intersected an extra 1.5 metres of mineralisation from 257.5 metres
- Legend says these results have extended the length of a massive nickel-copper sulphide 20 metres south
- The company is now continuing its diamond drilling program, with hole RKDD014 next on the program list
- Legend is currently steady on the market and shares are trading for 18 cents each
Legend Mining (LEG) has intersected further massive nickel-copper sulphides from diamond hole RKDD013 at the Mawson prospect.
The Mawson prospect is part of the Rockford Project, which is located in the highly prospective Fraser Range district in Western Australia.
The previous hole, RKDD012, has now been completed and hole RKDD013 is reaching its target depth of 290 metres.
Both of these holes were testing downhole electromagnetic (DHEM) conductors and extensions to sulphide mineralisation that were identified in previous holes.
RKDD012
Hole RKDD012 was designed to test the northern extension of mineralisation intersected in hole RKDD007.
This hole intersected a 42.7-metre interval of dispersed sulphide from a depth of 103.2 metres.
However, further analysis of this hole’s geology and geophysics is required to fully evaluate its potential.
RKDD013
Hole RKDD013 was designed to test for extensions to the sulphide mineralisation that was previously intersected in hole RKDD008.
While not as large at that intersected in RKDD012, hole RKDD013 intersected a 12-metre interval of nickel-copper sulphide mineralisation from 239.2 metres.
This hole also intersected an extra 1.5 metres of mineralisation from 257.5 metres.
These results have extended the length of a massive nickel-copper sulphide 20 metres south.
Additionally, mineralisation in this hole remains open to the south, east, and northeast.
Downhole transient electromagnetic (DHTEM) surveys have been planned to test RKDD013’s southern extensions and aid in future drill hole designs.
Samples will be taken from this hole immediately and submitted for analysis. Results are expected within two to three weeks.
“Extending this massive nickel-copper mineralisation 20 metres south with another wide intercept is an exciting development in the Mawson story,” Managing Director Mark Wilson commented.
“It vindicates Legend’s strategy of step-out drilling of geological and geophysical targets generated from previous drill holes,” he added.
Legend will continue its diamond drilling program, with hole RKDD014 the next hole on the program list.
At the same time, the company will continue its infill aircore drill program across the Mawson prospect.
Legend is currently steady on the market and shares are trading for 18 cents each at 10:24 am AEST.
