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Market: ASX
52-week High/Low: A$0.03 / A$0.01
Sector: Mining
Market Cap: A$47.02M
Legend Mining Ltd

Legend Mining Ltd

Legend Mining Ltd's (ASX:LEG) exploration focus is on its nickel-copper Fraser Range Project in Western Australia, while also actively seeking new project opportunities.

Legend Mining Ltd

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Big picture - Why invest in Legend Mining Ltd

Legend Mining Ltd Snapshot

Legend Mining Limited ("Legend") is an Australian exploration company listed on the Australian Securities Exchange (ASX:LEG). Legend's mission is to make value-adding mineral discoveries and utilise all available asset bases to maximise shareholder benefit.

The company’s exploration focus is on its nickel-copper Rockford Project in the Fraser Range, Western Australia.

raser Range – Rockford Project (Nickel-Copper & Gold)

The Rockford Project is located in the highly prospective Fraser Range district of Western Australia and covers a total area of 2,530km2 (Figure 1).  The Project is the subject of a joint venture between Legend (70%) and Creasy Group (30%), with Legend operator and manager of the joint venture.  Exploration is targeting Nova-Bollinger style nickel-copper and Tropicana style structurally controlled gold mineralisation.

(click here for more information on this project)

Cameroon Project (SOLD)

Legend announced to the ASX on 5 August 2014 the completion of the sale of its Cameroon Project in West Africa to Jindal Steel and Power.  The consideration for the sale totals A$17.5M and is summarised here.

Last updated 14th September 2016.

Michael Atkins

Mr Atkins is a Fellow of the Institute of Chartered Accountants in Australia and was a founding partner of a national Chartered Accounting practice from 1979 to 1987. Since 1987 he has been involved in the executive management of several publicly listed resource companies with operations in Australia, USA, South East Asia and Africa.

He was Managing Director of Claremont Petroleum NL and Beach Petroleum NL during 1990 and 1991 during their reconstruction, and then remained as a Non Executive Director until 1995. He was also founding Executive Chairman of Gallery Gold NL in 1998, and remained a Non Executive Director until 2000.

He is currently Director, Corporate Finance at Paterson’s Securities Limited and Chairman of Azumah Resources Limited.

Mark Wilson
Managing Director

Mr Wilson is a Member of the Institution of Engineers, Australia and a Chartered Professional Engineer with an Associateship in Civil Engineering from Curtin University in Western Australia. He has an extensive business background, mainly in corporate management and project engineering.

This has included site management of remote construction projects, ten years of commercial construction as a founding proprietor of a Perth based company and the past sixteen years in executive, non-executive, consulting and owner roles in resource focused companies. He served as a Director of Duketon Goldfields NL in 1995/1996 and of Cambrian Resources NL (Servicepoint Ltd) from 1999 to 2003.

Derek Waterfield
Executive Director – Technical

Mr Waterfield is a Member of the Australian Institute of Geoscientists and a graduate of the University of Queensland (B.Sc. Hons). He has over 20 years experience in gold, base metals, iron ore, nickel and uranium exploration throughout Australia and Cameroon.

He started his career with CRA Exploration Pty Ltd and has held senior exploration leadership positions with Normandy Mining and Newmont Australia, and led the team that discovered the Moolart Well gold deposit in the Duketon Belt 350km north of Kalgoorlie. He was Exploration Manager at Legend Mining for five years managing Legend’s WA and Cameroon projects. More recently he has been Exploration Manager for Enterprise Metals Ltd, responsible for gold, iron ore, uranium and base metal exploration in WA.

Dennis Wilkins
Company Secretary

Mr Wilkins is the founder and principal of DWCorporate Pty Ltd a leading privately held corporate advisory firm servicing the natural resources industry.

Since 1994 he has been a director of, and involved in the executive management of, several publicly listed resource companies with operations in Australia, PNG, Scandinavia and Africa. From 1995 to 2001 he was the Finance Director of Lynas Corporation Ltd during the period when the Mt Weld Rare Earths project was acquired by the group. He was also founding director and advisor to Atlas Iron Limited at the time of Atlas’ initial public offering in 2006.

Since July 2001 Mr Wilkins has been running DWCorporate Pty Ltd where he advises on the formation of, and capital raising for, emerging companies in the Australian resources sector.

He is currently non-executive Director of Australian listed company Key Petroleum Limited, non-executive Director of Duketon Mining Limited.

Last updated 14th September 2016.

(At 1 March 2016) Name Total Holdings % Issued Capital
Yandal Investments Pty Ltd 344,750,000 16.95
Australian Gold Resources Pty Ltd 164,985,000 8.11
Chester Nominees WA Pty Ltd 80,000,000 3.93
Mikado Corporation Pty Ltd 53,500,000 2.63
Ponton Minerals Pty Ltd 48,000,000 2.36
Motte & Bailey Pty Ltd 40,566,140 1.99
Bellarine Gold Pty Ltd 33,519,371 1.65
Karari Australia Pty Ltd 31,000,000 1.52
Castle Bailey Pty Ltd 29,433,860 1.45
Sixty-Eighth Stowaway Pty Ltd 27,000,000 1.33
Rockford Metals Pty Ltd 23,500,000 1.16
Mr Matthew McLeish 20,004,285 0.98
Mr Alexander Jason Elks 20,000,000 0.98
Topaz Pty Ltd 19,703,072 0.97
PHH Pty Limited 17,800,000 0.87
Bontown Pty Ltd 16,000,000 0.79
Shah Nominees 13,000,000 0.64
Nefco Nominees Pty Ltd 12,000,000 0.59
Mr Andrew Nicholas Vukosav 10,177,777 0.50
Mr L P Judd & Mrs S H Judd 10,010,000 0.49
TOTAL: 1,014,949,505 49.89

Head Office
Level 1, 8 Kings Park Road,
Tel: +61(8) 9212 0600
Fax: +61(8) 9212 0611

Legend Mining Ltd Timeline

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