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Company
Legend Mining Ltd
ASX:LEG
Legend Mining Ltd (ASX:LEG) is an exploration company with a mission 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, with its joint venture partners and major shareholders Creasy Group and IGO Limited.
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Legend Mining set to increase exploration newsflow from Fraser Range
Legend is well-funded finishing 2016 with $8.2 million in cash and liquid assets.
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Legend Mining expands Fraser Range holding, eyes new targets
Legend has purchased two tenements, which will expand its Rockford Project.
Legend Mining has stock bought on-market by two board members
Legend finished the December quarter with $8.2 million in liquid assets.
Legend Mining remains cashed up in the Fraser Range
The Rockford project is located in the globally renowned Fraser Range district.
Legend Mining updates on final payment due from Jindal
Legend Mining (ASX:LEG) has received a request from Jindal Steel and Power Limited to consider a further deferral of the payment of the final amount of $3 million owing to Legend from the sale of the Cameroon Iron Ore project.
Legend Mining identifies multiple conductors in the Fraser Range
Mark Wilson commented: "The conductors at Area N look to be walk up drill targets."
Legend Mining reveals drilling assays from Rockford in Fraser Range
The primary target is a Nova style nickel-copper mineralisation.
Legend Mining to reveal assays from Rockford Project in Fraser Range
Legend Mining (ASX:LEG) is preparing to reveal assay results from aircore drilling at the company’s 70% Rockford Project, located in the Fraser Range of Western Australia.
Legend Mining Ltd has drill assays pending from the Fraser Range
The aim of the program is to generate the next set of reverse circulation and diamond drill targets.
Legend Mining Ltd spins drill bit in Fraser Ranger
Drilling will take 3 to 4 weeks with assays to follow.
Legend Mining's managing director buys big ahead of Fraser Range activities
Legend holds $11.2 million in cash, cash equivalents and receivables at end of September 2016.
Legend Mining Ltd to survey massive nickel-copper targets at Rockford
Legend has commenced an extensive MLTEM program at Rockford, aimed at testing the newly defined targets for bedrock conductors. These targets may represent massive nickel-copper mineralisation associated with mafic/ultramafic intrusives.
Legend Mining Ltd's investment yields significant cash
Mark Wilson, MD, commented: “We have always disclosed that the purpose of our treasury operations is to generate cash to spend on our own projects." The treasury now holds $12.1 million.