Legacy Minerals (ASX: $LGM) and S2 Resources commence drilling at Glenlogan Project

Legacy Minerals Holdings Limited (ASX: $LGM) has announced that S2 Resources (ASX: $S2R) has commenced drilling at the Company's 100% owned Glenlogan Project (EL9614) in NSW, Australia. The project, targeting porphyry copper and gold, was last held by Rio Tinto in 1996, with the primary target, the Shellback Anomaly, remaining untested. S2 Resources, known for its extensive experience in discovering and developing world-class deposits, will invest $6 million over 5 years to earn a 70% interest in EL9614.

Legacy Minerals CEO & Managing Director, Christopher Byrne, comments on the Glenlogan Project

The Glenlogan Project is located less than 55km from the giant Cadia Valley porphyry complex and presents an exceptional opportunity to discover a major porphyry deposit. Using magnetics to target porphyry copper-gold deposits has resulted in the discovery of many great porphyry copper-gold systems, including the nearby Cadia East deposit in 1994. We are delighted to have the drill bit spinning with S2 Resources, a highly regarded exploration company with an exceptional track record of delivering shareholder value through mineral discovery. Legacy Minerals remains focused on the near-term discovery opportunities at our 100%-owned projects including Drake, Thomson, and Black Range.

Summary of Legacy Minerals' Glenlogan Project announcement

Legacy Minerals (ASX: $LGM) has announced the commencement of drilling at the Glenlogan Project by JV partner S2 Resources, targeting porphyry copper and gold. The project, located in NSW, Australia, presents an exceptional opportunity to discover a major porphyry deposit, with clear analogues to the geological setting of the nearby Tier-1, Cadia District. S2 Resources will invest $6 million over 5 years to earn a 70% interest in EL9614, with minimum commitments including 1,200m of diamond drilling in Stage 1 and 8,000m in Stage 2. Legacy Minerals CEO, Christopher Byrne, expressed delight in partnering with S2 Resources and emphasized the company's focus on near-term discovery opportunities at their 100%-owned projects including Drake, Thomson, and Black Range.