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- Legend Mining (LEG) signs a contract with geological researcher HiSeis to undertake a seismic survey at its Rockford project in WA
- The survey is projected to cost over $1 million and will target the Octagonal Intrusive Complex where previous exploration highlighted nickel-copper sulphide mineralisation
- The survey is expected to begin in October and be completed by the end of November
- Once Legend Mining receives the results early next year, it plans to incorporate them with existing data to define drill targets for the 2023 field season
- Legend shares last traded at 5.3 cents on August 16
Legend Mining (LEG) has signed a contract with HiSeis to conduct a 3D seismic survey at its Rockford project in Western Australia.
The survey will cover 24.5 square kilometres, focusing on the Octagonal Intrusive Complex, to define the architecture of the area in relation to the stratigraphic package.
Based on previous sampling from the area, the Octagonal prospect is known to host anomalous nickel and copper, and reverse circulation (RC) and diamond drilling intersected multiple intervals of various sulphides associated with the mafic/ultramafic intrusives.
According to the company, the Octagonal Prospect is the fourth known occurrence of massive nickel-copper sulphide mineralisation within the Fraser Zone.
The upcoming survey is set to cost over $1 million and was chosen following the results from diamond drilling at the Mawson prospect.
“These results have encouraged Legend to commit to a new +$1 million 3D seismic survey at the Octagonal prospect,” Managing Director Mark Wilson said.
“As such, Legend is positioned with two advanced prospects for the discovery of nickel-copper sulphides and a treasury of circa $13 million — a truly enviable position for any junior explorer.”
HiSeis aims to mobilise to the site in mid-October and the seismic survey is expected to be completed by the end of November. Processing of the data and delivery of the final 3D model is scheduled for May 2023.
Once Legend Mining receives the survey results, it will conduct an “intensive process of
interrogation” which will include incorporating existing data to define new diamond drill targets for 2023.
Legend shares last traded at 5.3 cents on August 16.
