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Legend Mining (ASX:LEG) receives best results to date from Mawson

Mining
ASX:LEG      MCAP $40.71M
12 January 2021 12:30 (AEST)
Legend Mining (ASX:LEG) - Managing Director, Mark Wilson (front centre)

Source: WA Business News

Legend Mining (LEG) has received the best results to date from hole RKDD034 at the Mawson prospect.

Mawson is part of the Rockford Project which lies within the highly prospective Fraser Range district in Western Australia.

Hole RKDD034 was designed as a copy of RKDD008, which was planned to test an offhole conductor discovered in December 2019.

Legend believes this conductor represents a down-plunge extension of significant nickel-copper sulphide mineralisation.

Hole 34 returned up to 3.26 per cent nickel, 3.84 per cent copper and 0.17 per cent cobalt and it intersected a total of 43.1 metres of massive nickel-copper mineralisation.

“These assay results are further confirmation of our earlier assessment that hole 34 is the best hole drilled at Mawson to date,” Managing Director Mark Wilson commented.

“The combination of the widths and grades of the massive sulphides in this hole support our conviction that we are dealing with a mineralised system of substance at Mawson,” he said.

“Meanwhile further assay results from 2020 drilling programs are rolling in for compilation and assessment. Once integrated with existing data, they will assist in future drill planning for the 2021 field season,” Mark added.

Legend is now in the process of planning and designing diamond and reverse circulation (RC) drill holes for the 2021 field season.

Legend is steady on the market and shares are trading at 12 cents at 11:19 am AEDT.

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