Legacy Minerals (ASX: $LGM) Diamond Drilling Assays Update

Legacy Minerals Holdings Limited (ASX: $LGM) has reported the successful completion of the first ever deep drilling at the Breccia Sinter Prospect, yielding promising results. The diamond drill campaign returned a best result of 1.25m at 45.6g/t Ag, 0.2g/t Au, 1.35% Cu, 3.7% Zn+Pb. Additionally, fully-funded drill campaigns are set to continue across the Bauloora Project, with potential drill targets expected to be generated from recent geophysical surveys.

Legacy Minerals CEO & Managing Director, Christopher Byrne's Commentary

With the initial diamond drilling at the Breccia Sinter Prospect complete, we are excited to progress our exploration and conduct follow up drilling across the Bauloora Project. Upcoming works will be funded by our earn-in agreement with Newmont, bringing global expertise in the exploration of epithermal systems. Although the first-pass drilling at the Breccia Sinter Prospect has not yet defined the high-grade shoot interpreted to have been the source of the rock chips grading up to 32g/t Au seen at surface, it has provided strong geological evidence for potential of the epithermal system at Bauloora. The Projects potential for discovery is demonstrated by drilling, rock chips and historical underground face samples at Mt Felstead grading up to 3,701g/t Ag, 6.9g/t Au, 6.4% Cu and 55% Pb+Zn. The next steps will be to continue drill testing targets in the coming months, in parallel with additional drill programs across our other high-potential assets in central NSW.

Legacy Minerals Diamond Drilling Update Summary

Legacy Minerals (ASX: $LGM) has made significant progress with the completion of diamond drilling assays at the Breccia Sinter Prospect and the announcement of upcoming portfolio-wide drilling campaigns. The results affirm the potential of the epithermal system at Bauloora, with strong geological evidence and promising mineralization. The fully-funded drill campaigns across the Bauloora Project, supported by Newmont, demonstrate the company's commitment to exploration and potential for discovery. With extensive epithermal alteration and limited exploration drilling, Legacy Minerals believes there is significant potential for the discovery of a major low-sulphidation epithermal-style gold-silver deposit at the Bauloora Project. The company's joint exploration strategy with Newmont and the upcoming drilling programs reflect its ambitions for further exploration and potential discoveries in central NSW.