Legacy Minerals (ASX: $LGM) announces AI-led discovery

Legacy Minerals Holdings Limited (ASX: $LGM) has announced the discovery of magmatic PGE-Ni-Cu at the Gramont Discovery, Fontenoy Project in the Lachlan Fold Belt, NSW. The discovery drillhole, diamond cored EFO7D, returned significant magmatic-related platinum group elements (PGEs) and Ni-Cu-Fe sulphides, unlocking the potential for valuable deposit styles in the region.

Executive Commentary on the Discovery

Legacy Minerals CEO & Managing Director, Christopher Byrne, expressed his excitement about the new Magmatic PGE-Ni-Cu discovery at the Fontenoy Project. He highlighted the use of artificial intelligence through their alliance partner Earth Al as the key driver behind this significant discovery. Byrne emphasized the potential value of magmatic nickel-copper styles of mineralization and the strategic importance of platinum group elements and nickel, further underlining the significance of this discovery for shareholders. He also mentioned the extensive prospective strike length, indicating the wide open potential for further exciting news.

Summary of the Announcement

Legacy Minerals (ASX: $LGM) has made an artificial intelligence-led magmatic PGE-Ni-Cu discovery at the Gramont Discovery, Fontenoy Project in the Lachlan Fold Belt, NSW. This marks the first known discovery of this mineralization style in the region, with significant potential for valuable deposit styles. The discovery is a result of Earth AI's implementation of its artificial intelligence deposit targeting system, which has generated a range of drill targets across the tenement. The company plans to conduct further drilling at the Gramont Discovery and across the broader Fontenoy Project to explore the extensive prospective strike length. The discovery holds strategic importance as platinum group elements and nickel are listed as critical and strategic minerals by the Australian Government, underpinning the significance of this new find. The confirmation of PGE association with disseminated sulphides presents an encouraging opportunity for future exploration and potential value generation for shareholders.