Legend Mining kicks off 2019 exploration program on Fraser Range
Positive results from 2018 exploration have set the scene for a pipeline of programs this year across the Rockford project.
Company
ASX:IGO
IGO Limited (ASX:IGO) is an exploration and mining company with a strategic focus on high quality assets of scale and longevity, and an evolving strategy to align the business to the structural shift to energy storage.
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Positive results from 2018 exploration have set the scene for a pipeline of programs this year across the Rockford project.
The company’s strategic alliance with Independence Group NL (ASX:IGO) will allow the exploration to occur at all projects, maximising the chance of exploration success.
The company has had a resource upgrade since its scoping study and a plan to source power off-the-grid.
Neighbour Rio Tinto unveiled a copper-gold discovery in the region yesterday, further away from Port Hedland.
A Creasy team will move to Rockford next as exploration resumes.
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The event will attract “the who’s who of the junior and mid-cap market CEOs” and will have a “bustling exhibition area”.
David English has been appointed project director for Gabanintha Vanadium Project and will oversee DFS progression.
The Plumridge project in WA is a joint venture with Independence Group (ASX:IGO).
The company produced a scoping study in December and upgraded its global resource in January.
The company is focused on the Strickland Gold Project and Plumridge Nickel Project.
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FEL chairman Tony Sage shares the excitement of Sandfire Resources in WA’s prolific Bryah Basin owing to FEL's significant interest.
JV partner IGO has completed a considerable amount of exploration, resulting in the identification of clusters of mafic/ultramafic intrusions.
The company has a free carried 20% interest in a number of prospects in the highly prolific copper-gold region.
The projects are within the Albany Fraser Belt and follow exploration applications in the Paterson province.
Chairman Tony Sage says the company shares the excitement of Sandfire Resources in the prolific Bryah Basin.
Follow-up exploration will be conducted at the Shackleton prospect.
The company is seeking to emulate Independence Group’s successes at Nova-Bollinger and Andromeda.
Waddell served up another $69,000 in support for the company.
Stock has increased to 2.3 cents following recent encouraging news from DRC and Western Australia.
A targeted drilling program is planned to further investigate previous copper results and to follow up on new cobalt results.