Legacy Minerals announces significant gold and silver soil anomalies at Black Range Project

Legacy Minerals Holdings Limited (ASX:LGM) has reported the identification of gold and silver soil anomalies at the 100%-owned Black Range Project (EL9464 and EL9589) in NSW. The recent soil sampling campaigns have defined a 650m zone of elevated epithermal gold-silver pathfinder elements at the Mt Mylora Prospect, with rock chip results showing silver up to 1,440g/t and gold up to 1.51g/t Au. The anomaly is open along strike and to the east, presenting a significant discovery opportunity due to limited historical drilling in the area.

Legacy Minerals CEO & Managing Director, Christopher Byrne, comments on the recent findings

We are excited to have defined another extensive gold and silver footprint in soil sampling at the Mt Mylora Prospect, part of the Black Range Project. The scale and continued identification of widespread anomalism at Black Range demonstrates its discovery potential, and along with other epithermal projects, Bauloora and Drake, the Project remains a key focus in the Legacy Mineral's portfolio. Our recent work here at Mt Mylora highlighted significant pathfinder anomalies in association with strongly altered tuffs and gossans and builds on earlier work by the Legacy Minerals team in identifying silver and gold up to 1,440g/t Ag and 1.51g/t Au during reconnaissance rock sampling. Legacy Minerals continues to be busy on the ground with multiple campaigns working towards drill testing across several projects. We look forward to updating investors on the continued progress at Black Range and across the rest of the portfolio.

Summary of Legacy Minerals' recent soil sampling and future plans

Legacy Minerals' recent soil sampling at the Mt Mylora Prospect has defined a 650m zone of elevated epithermal gold-silver pathfinder elements, with rock chip results showing silver up to 1,440g/t and gold up to 1.51g/t Au. The anomaly is open along strike and to the east, presenting a significant discovery opportunity due to limited historical drilling in the area. The Company plans to extend the soil grid and complete an induced polarisation geophysical survey to further advance the Prospect towards drill testing. Additionally, Legacy Minerals is awaiting assay results from the recently completed regional soil surveys and intends to complete extensions to the Mt Mylora soil survey grid as well as a dipole-dipole induced polarisation survey over the Mt Mylora Prospect and Sugarbag Hill prospect. The Black Range Project, located in the Central Lachlan Fold Belt, NSW, hosts world-class copper-gold orebodies, and Legacy Minerals aims to capitalize on the discovery potential of the Project through further exploration and drill testing.