Legend has identified multi-element potential at the Pyrophyllite Hill prospect in WA.
The Market Online - At The Bell

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

  • Drill contract awarded for planned late October 2026 start
  • Heritage survey report received
  • Maiden aircore program planned for Pyrophyllite Hill
  • Program to drill 50 hole for around 2,500m

Legend Mining (ASX: LEG) is on target to commence a maiden drilling program at the Pyrophyllite Hill prospect at the Pinnacle Well project near Leonora in WA after signing a rig contract.

The Watchlist — short video interviews with ASX leaders. Watch now.

Drilling is expected to kick off by late October after the company received the heritage survey report with all statutory approvals now received for aircore drilling at the Pyrophyllite Hill prospect.

The report covers both the Pyrophyllite Hill and Alpha North prospects and is an area clearance report, meaning that Legend is able to progress drilling activity at both prospects without having to conduct further heritage surveys.

“We are very pleased to have the green light to start drilling at Pinnacle Well. These will be the first drill holes at the project since 2006 and will focus on a compelling multi feature IP anomaly at Pyrophyllite Hill,” chair, Mark Wilson, said.

“The geology and geochemistry data from this round of drilling will be vital inputs into planning the follow-up RC program.”

The aircore drilling programme will comprise 50 holes for approximately 2,500m and is designed to test a one km by 500m area centred over the pyrophyllite alteration zone, a 600m chargeable-resistivity PDIP feature and a hydrothermal soil anomaly.

Mr Wilson said the program will provide valuable geological information regarding the type and extent of alteration along with full multi0element geochemistry across the prospect ahead of designing follow-up RC drilling.

The Pyrophyllite Hill prospect is considered prospective for both intrusion-related and structurally controlled gold mineralisation. This is supported by several coincident key indicators;

• Areally extensive pyrophyllite alteration (approximately 1300m x 700m)

• Pole-dipole induced polarisation (PDIP) surveying identification of a strong 600m strike length

chargeable-resistive feature

• Elevated gold results in rockchip samples associated with strong quartz-chlorite-siderite-

goethite-limonite-magnetite alteration

• Hydrothermal associated multielement (Ag-Cd-Hg-Sb-As) Ultra Fine Fraction (UFF) soil

anomalism

• Proximity to NW-SE trending structures related to the Keith-Kilkenny Fault Zone.

Mr Wilson said the geological knowledge and assay results obtained from the aircore drilling will be used to assist with planning a follow-up RC drilling program, which will also target the strong chargeable- resistivity PDIP feature identified in previous surveying.

LEG was steady at 0.7¢ with a Mkt cap of $20.40M prior to markets opening.

Join the discussion: See what HotCopper users are saying about Legend Mining and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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

Market Open: ASX futures point lower as oil and tech worries linger

The ASX 200 is set for a weaker start, with futures down 77 points, or 0.87%,…

Askari Metals welcomes Ethiopian government transition as Nejo progresses

Askari Metals has welcomed the positive administrative transition in Ethiopia where it operates the Nejo project.

West Cobar Metals obtains promising early results from scandium leach testwork at Salazar

West Cobar Metals has obtained positive leach testing results focused on scandium at the Salazar critical…

Noble Helium lodges application for WA exploration permit

Noble Helium has lodged an application for an onshore exploration permit to target hydrogen and helium…