Legend Mining Limited (ASX:LEG) has received support from David Bailey and associated entities, as the superannuation fund took a stake of 5.1% in the company
Legend continues to carry out exploration of its Rockford project in the Fraser Range region, host to Independence Group’s (ASX:IGO) Nova-Bollinger Project.
Looking for a repeat Nova Bollinger style deposit
Legend has about 2,800 square kilometres of holdings in that area.
Management regards its area the most prospective area of the Fraser Range for a repeat of a Nova-Bollinger style deposit.
Aircore drilling is underway designed to follow up the highly anomalous nickel-copper results in two aircore holes drilled in November 2017.
Following up on promising 2017 results
The company has received positive comments on the latest results and this has perhaps prompted some investment support.
Legend managing director Mark Wilson said: “We feel we have found the haystack and are now working our way to the needle.”