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Legend Mining (ASX:LEG) - CEO, Mark Wilson (Centre) - The Market Herald
CEO, Mark Wilson (Centre)
Source: Small Caps
  • Legend Mining (LEG) has received results from two diamond drillholes completed at the Mawson prospect in Western Australia
  • This drilling program intersected two significant nickel-copper sulphide zones at the prospect
  • Results peaked at 2.97 per cent nickel, 1.10 per cent copper, and 0.15 per cent cobalt
  • Legend has also received the first batch of results from its aircore drilling program that was also completed at Mawson
  • Anomalous nickel-copper-cobalt was returned from three holes and follow-up drilling has now been undertaken to test these results
  • Legend is now continuing with diamond drilling to target extensions to the nickel-copper mineralisation
  • Company shares are sitting grey in mid-morning trade with shares selling for 15 cents each

Legend Mining (LEG) has received results from two diamond drillholes completed at the Mawson prospect.

The Mawson prospect is part of the Rockford Project, which is located in the highly prospective Fraser Range district of Western Australia.

Exploration at Rockford is primarily focused on nickel-copper mineralisation, volcanogenic massive sulphide (VMS) style zinc-copper-silver, and structurally controlled gold mineralisation.

Legend has now received results from diamond drillholes RKDD011 and RKDD008.

The company also received aircore assays from a broad program across Mawson.

RKDD011

Hole RKDD011 was originally designed to test a strong downhole electromagnetic (DHTEM) conductor that was identified in hole RKDD010.

This hole also aimed to test for extensions to the sulphide mineralisation that was intersected in the neighbouring holes of RKDD007 and RKDD008.

RKDD011 intersected two broad intervals of nickel-copper sulphide mineralisation with the upper interval containing multiple dispersed semi-massive sulphide mineralisation and the lower interval containing massive pyrrhotite-chalcopyrite-pentlandite.

The upper interval returned a result of 15 metres at 0.65 per cent nickel, 0.53 per cent copper and 0.04 per cent cobalt from 129.25 metres.

The lower interval returned 21.6 metres at 1.93 per cent nickel, 1.09 per cent copper and 0.10 per cent cobalt from 217.5 metres including 1.9 metres at 2.97 per cent nickel, 1.10 per cent copper and 0.15 per cent cobalt from 217.5 metres.

RKDD008

Hole RKDD008 was designed to test a strong offhole conductor that was identified via DHTEM surveying in hole RKDD007.

This offhole conductor represented a down-plunge extension of significant nickel-copper sulphide mineralisation that was previously identified in hole RKDD007.

RKDD008 intersected multiple significant intervals of nickel-copper sulphide mineralisation with three of them consisting go massive sulphides.

Results include 11.4 metres at 0.52 per cent nickel, 0.39 per cent copper and 0.03 per cent cobalt from 188 metres, and 44.1 metres at 0.47 per cent nickel, 0.25 per cent copper and 0.03 per cent cobalt from 91 metres.

Aircore drilling program

Legend has also received the first batch of results from its aircore drilling program.

Anomalous nickel-copper-cobalt was returned from three holes and follow-up drilling has now been undertaken to test these results.

Results include 19 metres at 0.37 per cent nickel, 0.15 per cent copper and 0.03 per cent cobalt from 60 metres, and 12 metres at 0.14 per cent nickel, 0.08 per cent copper, and 0.02 per cent cobalt from 56 metres.

Legend is now continuing with diamond drilling to target extensions to the nickel-copper mineralisation, and it is also continuing with an infill aircore drill program across Mawson.

Company shares are sitting grey in mid-morning trade with shares selling for 15 cents each at 10:25 am AEST.


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