Sign up Australia
Proactive Investors - Run By Investors For Investors

Legend Mining commences drilling in Fraser Range

The majority of the project is held in a 70:30 joint venture with the Creasy Group (30%).
aircore drill rig at Rockford Project
The Creasy Group is affiliated with legendary prospector Mark Creasy

Legend Mining (ASX:LEG) commenced aircore drilling over the weekend targeting nickel-copper mineralisation at its Rockford Project in the Fraser Range of Western Australia.

The drilling program will comprise 65 holes for ~5,000 metres and concentrate on multiple targets at Area D and the immediate surrounds.

The exploration focus has returned to Area D following a full review of petrology results from diamond drilling completed in July 2016.

The review revealed positive factors and indicate that Area D could potentially be in a favourable environment for nickel-copper mineralisation. 

Drilling is estimated to take 3-4 weeks to complete with assay results expected 4 weeks later.

Previous exploration at Area D

Previous exploration at Area D involved extensive moving and fixed loop electromagnetic (EM) surveying with eight conductors (D1-D8) identified.

Seven of these conductors were tested with reverse circulation and diamond drilling.

This work covered an area of 3x2 kilometres centred around a discrete gravity high.

The proposed aircore programme will extend the coverage to an area of 7x5 kilometres and test several aeromagnetic lows and highs, as well as the flanks of the gravity high.

Objectives of the drilling

The drilling will provide valuable information on Area D’s geology and how the rock profiles change with depth.

It will also provide data to enable selection and prioritisation of areas for the next phase of high power EM surveys.

The Fraser Range hosts the world-class Nova-Bollinger discovery

The Rockford project is located in the globally renowned Fraser Range district of Western Australia and covers an area of 2,792 square kilometres.

The Fraser Range is host to the nickel-copper sulphide Nova-Bollinger deposit.

Rockford covers a strike length of 100 kilometres over a regional gravity high ridge associated with dense mafic/ultramafic intrusive rocks of the Fraser Zone.

The Nova-Bollinger deposit, which lies within the Fraser Zone, is situated on a similar tenor gravity ridge to that of the Rockford project.

READ NOW:  Legend Mining's managing director buys big on-market

View full LEG profile View Profile

Legend Mining Ltd Timeline

Related Articles

picture of tungsten drill
May 17 2017
Commissioning of the second phase at Kiziltepe is expected by the second quarter of 2018
Noodles
February 14 2017
The final three months of the year continued a healthy revenue growth trend for the nascent food distribution business
gold
September 30 2017
Hellyer fell into NQ’s control after it agreed to buy Keen Pacific – the former owner – for A$20mln back in April

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2017

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use