Board members at Mawson prospect. Source: Legend Mining
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Legend Mining (LEG) begins a 3D seismic survey at the Mawson prospect within the Rockford Project in Western Australia
  • The survey will be undertaken by HiSeis with Barry Bourne from Terra Resources hired as a consultant
  • The aim of this survey is to define the architecture of the Mawson intrusion to a depth of at least 1000 metres below surface
  • Work will begin in the coming weeks with the final processed results expected by the end of February
  • Legend is down 3.33 per cent on the market with shares trading at 5.8 cents

Legend Mining (LEG) has begun a 3D seismic survey at the Mawson prospect within the Rockford Project in Western Australia.

The survey will be undertaken by HiSeis with Barry Bourne from Terra Resources hired as a consultant.

Work will begin in the coming weeks with the final processed results expected by the end of February.

General Manager of Business Development at HiSeis Ron Schop said the company is pleased to be undertaking the survey.

“We are pleased to be working with Legend and Terra on the next phase of development of the Mawson discovery story,” Mr Schop said.

“The survey will record seismic responses across more than 6000 receiver points. This high-resolution data will then be processed by optimised proprietary software to image complex hard rock geology.”

The aim of this survey is to define the architecture of the Mawson intrusion to a depth of at least 1000 metres below surface.

Furthermore, a more detailed survey will be undertaken on the western side to test for a direct signature of nickel-copper-cobalt sulphide accumulations at the Mawson discovery zone.

Once all results have been received, Legend will incorporate the new and existing geophysical, geological, geochemical and structural data with an aim of defining and ranking diamond drilling targets for 2022.

“This is the first seismic survey Legend has carried out at the Rockford Project. This 3D seismic survey is designed to investigate to depths greater than 1000 metres below the surface,” Legend’s Managing Director Mark Wilson said.

“Our ability to compare this known data with the seismic interpretations will provide a basis for ranking deeper diamond drill targets for next year.”

Legend Mining was down 3.33 per cent on the market with shares trading at 5.8 cents at 1:04 pm AEDT.

LEG by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX200 takes a slide into the weekend

The ASX200 shed 0.85% today – with every sector – except materials, losing ground. IT stocks…

Week 20 Wrap: EU-to-China cargoes up 12% YTD; US CPI tame

US inflation was the biggest data drop of the week; Anglo American is restructuring to fend…
The Market Online Video

Market Update: ASX dips with only materials afloat

The ASX is down nearly half a per cent - on par with future's predictions -…

Patagonia grows portfolio of REE and lithium-focused territory with exploration grants

Patagonia Lithium Ltd has been granted an additional 15 exploration licences in Argentina where it is…