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Legend Mining in trading halt with Rockford exploration results pending

The halt will be in place until Monday, December 2, or when an announcement is made to the market.

Legend Mining Limited - Legend Mining in trading halt ahead of Rockford exploration results
The first drill hole hit 9.6 metres of nickel-copper sulphides at Rockford

Legend Mining Limited (ASX:LEG) is in a trading halt pending the release of exploration results from the Rockford project in the Fraser Range of Western Australia.

The halt has been granted by the ASX and will remain in place until the beginning of trade on Monday, December 2, or when an announcement is made to market, whichever occurs earliest.

In its request to the ASX, the company said: "Legend Mining is seeking the trading halt to assist in managing its disclosure obligations in relation to the release of exploration results on the company’s Rockford Project in the Fraser Range, and maintaining an orderly market in the trading of its ordinary shares and to ensure that trading does not take place in an uninformed market."

Securities last traded at 4.3 cents after the company reached a new 12-month high of 5.5 cents earlier this month.

Third drill hole at Rockford

Legend recently started drilling its third diamond hole, RKDD007, at Area D within the Rockford project targeting previous aircore results.

Managing director Mark Wilson said: “The positive results from the first hole were a key driver in the decision to do a third drill hole whilst the rig is still on site.

“This hole will target the gabbronorite host rock beneath the previously identified anomalous air-core nickel-copper mineralisation.”

Quick facts: Legend Mining Limited

Price: 0.1525 AUD

ASX:LEG
Market: ASX
Market Cap: $363.27 m
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