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Highlights
- Legacy Minerals progresses Mt Carrington Project with a new Scoping Study
- Stage two study focuses on optimised processing pathways
- Exploration and drilling continue across gold, copper, and silver zones
Legacy Minerals (ASX:LGM) is moving forward with the Mt Carrington Project in New South Wales through a stage two Scoping Study that will build on earlier results and outline processing pathways for the development. This initiative comes after a metallurgical bridging study, marking another step toward strengthening the project’s overall potential. With the spotlight on Australia’s resource landscape, such projects add depth to the momentum often observed across the ASX 200.
Stage Two Scoping Study Underway
The stage two Scoping Study will examine processing options to enhance project design and resource confidence. Engineering firm Ausenco has been engaged to contribute to the study, which is expected to integrate seamlessly with the broader development strategy. By expanding the focus from earlier assessments, the company aims to showcase the value of its resources while strengthening confidence in the project’s long-term direction.
Building on Previous Milestones
Earlier this year, Legacy Minerals delivered a stage one Scoping Study that outlined encouraging project economics and development opportunities. Alongside that, the company released a resource estimate that provided insights into the scale and quality of Mt Carrington. These steps set the stage for advancing work programs and deepening the understanding of the project’s mineral systems.
Exploration and Resource Growth
While the Scoping Study progresses, exploration remains a core activity. Legacy Minerals is conducting discovery drilling to uncover new greenfield targets within the project area. At the same time, resource extension assessments are being carried out to test brownfield zones with the aim of identifying additional gold, copper, and silver potential. This dual focus on fresh discoveries and extensions to existing resources underscores the company’s strategy of long-term growth.
Mt Carrington’s Strategic Position
The Mt Carrington Project spans a significant landholding in New South Wales and already benefits from existing infrastructure, positioning it well for future development. The project’s combination of gold-equivalent resources, copper, and silver zones provides multiple opportunities for advancement as studies and drilling efforts continue.
Through ongoing exploration and detailed planning, Legacy Minerals is shaping a clear pathway for Mt Carrington, adding further strength to its portfolio and reinforcing its role in Australia’s resource sector.
