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Legend Mining Advances Rockford Project

THE DRILL SERGEANT: Legend Mining (ASX: LEG) released results of recent exploration activity across the company’s Rockford project in the Fraser Range of Western Australia.

Legend Mining announced initial results of diamond drilling at the Crean, Hurley, and Northerly prospects, an MLTEM survey at Northerly and regional aircore drilling undertaken across the Rockford project.

Legend’s recent regional exploration was carried out on tenements E28/1718, E28/1727, and E28/2404, which contain the Crean, Northerly, and Hurley prospects that have been identified by the company as favourable nickel-copper-cobalt targets via systematic exploration utilising aircore drilling and innovative MLTEM surveys.

The company reported that diamond drilling has confirmed the Crean, Hurley, and Northerly prospects are prospective orthomagmatic nickel-copper intrusive hosts, comparable to the Nova-Bollinger and Silver Knight deposits in the Albany-Fraser Belt.

 

LEGEND MINING MANAGING DIRECTOR MARK WILSON SPOKE WITH THE RESOURCES ROADHOUSE AT THE SOUTH WEST CONNECT ASX SHOWCASE

 

 

 

 

Legend indicated future work programs at Crean, Hurley, and Northerly will include assessment of geological, geochemical, geophysical, and structural results from completed diamond drilling, followed by planning of extensive aircore drilling, innovative MLTEM/FLTEM, and targeted diamond drilling.

These programs will be designed to define the target intrusion geometry at each prospect, as well as to identify and target mineralisation through systematic exploration, with the aim to discover multiple economic nickel-copper sulphide accumulations.

“Our field team have done an exceptional job to execute these programs with the industry wide labour difficulties being experienced under the current border travel restrictions,” Legend Mining managing director Mark Wilson said in the company’s ASX announcement.

“The early success from the new Northerly prospect is particularly pleasing with anomalous geochemistry indications from aircore, sulphides in intrusive host rocks observed in diamond drill core and a large shallow conductor from the MLTEM survey.

“The significance of all of these programs will be better understood once all assays and analysis of the results are collated.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.legendmining.com.au

 

Legend Mining Drills Further Understanding of Mawson Prospect

THE DRILL SERGEANT: Legend Mining (ASX: LEG) reported assay results for diamond drilling carried out on the Mawson nickel-copper-cobalt prospect within the company’s Rockford project in the Fraser Range of Western Australia.

Legend Mining said the assay results it has received from RKDD043/044/046 are in line with the visual estimations it made when drilling was completed.

Results included:

Semi-massive and massive sulphide assay results in RKDD043 of:
3 metres at 1.04 per cent nickel, 0.61 per cent copper, 0.09 per cent cobalt from 181m; and

Massive and semi-massive sulphide assay results in RKDD044 of:
1.7m at 1.48 per cent nickel, 1.12 per cent copper, 0.1 per cent cobalt from 456.4m.

The company indicated multi-element data received as part of the assay suite will continue to provide critical data to existing datasets to further evolve the understanding of the chonolith driving the mineralisation at Mawson.

“The assays reported…are broadly in line with our expectations from visual observations of the core at site,” Legend Mining managing director Mark Wilson said in the company’s ASX announcement.

“The key point is the distance between massive sulphide occurrences and the broader mineralised intercepts give us the geological confidence of a fertile mineralised system of significant scale.”

The company is also waiting on down hole EM surveying and/or modelling results to follow up already received DHEM that demonstrated large offhole features that will require further modelling to constrain features.

“Both the drilling and downhole EM results have continued the evolvement of our geological understanding of the Mawson intrusion,” Wilson said.

“This is the objective of the current stage of our systematic ongoing exploration strategy at this prospect.”

 

 

 

Web: www.legendmining.com.au

 

Legend Mining Encounters More Mawson Massive Nickel-Copper Sulphide

THE DRILL SERGEANT: Legend Mining (ASX: LEG) reported latest results from an ongoing diamond drilling program at the Mawson nickel-copper-cobalt prospect within the company’s Rockford project in the Fraser Range of Western Australia.

Legend Mining reported on nine further diamond drillholes to have been completed at the Mawson prospect (RKDD045 – RKDD053).

Drillhole RKDD053 intersected a 31.2 metres sulphide zone, including 16.1m of massive and semi-massive nickel-copper sulphide, and 7.77m matrix nickel-copper sulphide.

Other holes drilled – RKDD046/049/051 also intersected wide sulphide zones, which the company has interpreted to have extended a prospective intrusion.

“We are very pleased to announce a new zone of massive/semi massive nickel copper sulphide around holes 43 and 53,” Legend Mining managing director Mark Wilson said in the company’s ASX announcement.

“With ongoing downhole EM and further drilling we expect this zone will evolve over time.

“Equally pleasing is that our strategy of systematic step out drilling continues to expand the 3D footprint of the mineralised intrusive and open up further prospective horizons for future planned drilling.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Web: www.legendmining.com.au

 

 

Legend Mining Confirms ‘Best Hole’ at Mawson Prospect

THE DRILL SERGEANT: Legend Mining (ASX: LEG) was always confident of what drillhole RKDD034 at the Mawson prospect within the company’s Rockford project in the Fraser Range of Western Australia could be.

Legend Mining has been able to back up this confidence with assay results from the massive sulphide intersected in RKDD034 demonstrating the thickest and highest-grade massive nickel-copper sulphide intercept at Mawson to date of:

31.1 metres at 2.8 per cent nickel, 2.04 per cent copper, 0.15 per cent cobalt from 200.7m.

The hole included nickel values up to 3.26 per cent, copper values up to 3.84 per cent, and cobalt values up to 0.17 per cent.

“These assay results are further confirmation of our earlier assessment that hole 34 is the best hole drilled at Mawson to date,” Legend Mining managing director Mark Wilson said in the company’s ASX announcement.

“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.

“The purpose of the hole was to conduct Phase 1 metallurgical tests and the results of this test work will be reported once received.

“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.”

RKDD034 was designed as a twin of discovery hole RKDD008 for Phase 1 metallurgical test work on a representative massive nickel-copper sulphide domain of the mineralisation identified at Mawson.

A total of 43.1m of massive nickel-copper was intersected downhole.

 

 

Web: www.legendmining.com.au

 

Project on Course to Achieve Legendary Status

THE CONFERENCE CALLER: Rather than bombard his audience with endless drill results from his company’s exciting Rockford polymetallic play in remote Western Australia, Legend Mining (ASX: LED) boss Mark Wilson instead told this year’s Diggers & Dealers Mining Forum in Kalgoorlie-Boulder why the resources house was such a solid investment opportunity. By Mark Fraser

Speaking towards the end of the conference’s second day, Wilson was quick to point out that one of the junior’s main aims was to become a producer within five years of discovery.

If this wish becomes a reality, Legend looks set to join Australia’s mining fraternity sometime towards the end of 2022.

“That’s what nickel is all about,” Wilson noted.

The WA-based company, he said, also knew what direction it was heading vis-à-vis its potential customer base, with nickel technologies now being key in the production of electric vehicles.

“Despite the fact that 70 per cent of the use for nickel is in the stainless steel market, I really think the future of these nickel sulphides that we are looking for is in the battery market,” Wilson explained.

Located in the emerging Fraser Range district some 300 kilometres east of Kalgoorlie-Boulder, Rockford contains three possible mineralisation types – Nova-style nickel/copper, volcanogenic massive sulphide-hosted copper/zinc/silver and Tropicana-lookalike gold.

As it stands, Legend is one of four players now firmly established in the highly prospective Fraser Zone. Furthermore, with its 3,088 square kilometres of holdings, it is the largest land holder within this group, controlling some 19 per cent of the area.

Amongst the many points raised by the upbeat Wilson during his presentation was the fact that one of these companies – Sirius Resources (ASX: SIR) – had seen its market capitalisation jump from $10 million to $1.8 billion in just three years following its discovery of the Nova nickel/copper/cobalt deposit, which sits 120km north-east of Rockford within a 46sqkm land package.

“I think I rest my case,” he said.

Another interesting piece of information Wilson put to his Diggers & Dealers’ audience was the observation that the Thompson Nickel Belt of northern Manitoba in Canada was the same size as Legend’s Fraser Zone holdings.

“It’s got 2.7 million tonnes of nickel endowment – there’s 300,000 tonnes here – and I’m reliably informed by a Kiwi accountant, which is bit of a tricky statement, that 1.6 million tonnes has come out of Kambalda, just to give you a bit of an idea of the potential of this project,” Wilson said.

“And if you look at Legend’s orange landholding, you’ll see that we control the entire part of that central gravity anomaly, which to our mind is no doubt the best ground in the Fraser Range.”

The junior has so far identified seven prospects – Magnus, Octagonal, Worsley, Hurley, Crean, Shackleton and Mawson – with the latter generating quite a bit of excitement since its discovery in December 2019.

“Legend is not a one trick pony at Mawson – I think Hurley is the next one (based on recent electromagnetic geophysics) … and that’s where I would expect our second ranking project to come,” Wilson said.

At the end of the day, the exploration house enjoyed a current market capitalisation of $400 million, “a series of options that are all in the money (and) that over the next couple of years will deliver another $13 odd million to our treasury” as well as cash and receivables worth $31.5 million.

In addition, the company was unique in the ASX-listed junior space insofar as it was concentrating on just the one project.

“The story I hope you have heard from me … is (Legend has) a highly prospective project, committed people, we’re well-funded, we’re systematic, we’ll go the distance and we’re absolutely committed to growing shareholder value,” Wilson added.

 

Legend Mining Drilling Returns Second Favourable Intercept

THE DRILL SERGEANT: Legend Mining (ASX: LEG) reported a healthy intersection from drilling at the Mawson prospect within the company’s Rockford project in the Fraser Range of Western Australia.

Legend Mining reported the intersection, another from diamond drillhole RKDD023, which was designed to test a strong conductor at the Mawson prospect.

Assaying has shown RKDD023 intersected a plus-90 metres mineralised zone of nickel-copper sulphide, including: 12.95m massive sulphide; 7.55m semi-massive sulphide; and multiple zones of net-textured, matrix, and heavy disseminated sulphide.

“The discovery of another 12.95 metres of massive nickel-copper sulphide in diamond drillhole 23, circa 200 metres from the previously announced massive sulphides, is a quantum boost for the potential of the Mawson prospect,” Legend Mining managing director Mark Wilson said in the company’s announcement to the Australian Securities Exchange.

“The nature of the mineralisation suggests we are closer to the intrusive source but we are not there yet.

“Downhole EM from this hole, which is now underway, is designed to provide data to assist in planning future diamond holes in this immediate vicinity.

“Importantly, the RC drilling confirms the Mawson intrusive complex extends north and east of the known Mawson nickel-copper sulphide mineralisation, confirming the prospectivity for mineralised intrusives below the eastern aircore geochemical anomaly.

“The RC holes are also a great platform for downhole EM.”

 

 

 

Web: www.legendmining.com.au

Legend Mining Identifies Strong Off-hole Conductor at Mawson

THE DRILL SERGEANT: Legend Mining (ASX: LEG) recently completed a downhole electromagnetic (DHTEM) survey at the Mawson prospect within the company’s Rockford project in the Fraser Range of Western Australia.

Legend Mining reported the DHTEM survey, carried out on drillhole RKDD021, identified a very strong (25,000-30,000S) off-hole conductor.

Legend explained the position and orientation of the conductor fits with the company’s structural analysis of the interpreted extension orientation of the main Mawson mineralisation.

Diamond drilling of the new off-hole conductor will commence on the completion of the current diamond hole that is planned to a depth of 300m downhole.

Structural analysis of RKDD021 has been completed, with the drill core now scheduled for sampling and assaying.

“The new off-hole conductor from hole 21 is modelled as double the strength of the conductor which hole 21 was designed to test,” Legend Mining managing director Mark Wilson said in the company’s announcement to the Australian Securities Exchange.

“The geological interpretation that this conductor is the extension of the 15.35 metres interval of significant sulphides in hole 21 coupled with its strength, point to some exciting days ahead.

“The diamond hole to test this conductor will be the next hole drilled once the rig completes the diamond tail on RC hole 15.”

 

Web: www.legendmining.com.au

Legend Mining Hits Further Nickel Copper Sulphides at Mawson

THE DRILL SERGEANT: Legend Mining (ASX: LEG) delivered further encouraging news from drilling underway at the Mawson massive-sulphide-nickel deposit within the company’s Rockford project in Western Australia.

Legend Mining reported that continued drilling of hole RKDD021 has intersected a total of 24.65 metres of nickel-copper sulphides across two intervals:

9.3m of heavy disseminated to net-textured sulphide from 132.2m to 141.5m downhole; and

15.35m of net-textured, heavy disseminated and semi-massive sulphide from 219.1m to 234.45m downhole.

“The observations from this step out hole are an exciting development in the Mawson story,” Legend Mining managing director Mark Wilson said in the company’s announcement to the Australian Securities Exchange.

“Geologically we have now intersected significant mineralisation several hundred metres to the east north-east of our previous discovery and our geophysical advice is that we probably have not hit the best part of this conductor.

“Our proven systematic methodology of DHTEM and structural logging of this hole on completion will provide the data for the design of the next diamond holes in this immediate vicinity.

“Meanwhile the diamond, RC and aircore programs are ongoing at Mawson and regionally within the Rockford project.”

 

Web: www.legendmining.com.au

 

Legend Mining Releases Further Mawson Drilling Results

THE DRILL SERGEANT: Legend Mining (ASX: LEG) announced further assay results from aircore drilling carried out at the Mawson target at the company’s Rockford project in the Fraser Range of Western Australia.

Legend Mining received results from an additional 37 holes, six of which returned broad intervals with anomalous nickel and copper values associated with mafic/ultramafic intrusives.

New assay results from infill aircore drilling within the eastern geochemical nickel-copper footprint, east and northeast of the Mawson massive sulphide discovery include:

RKAC841
38 metres at 0.2 per cent nickel, 0.05 per cent copper, 0.03 per cent cobalt from 72m to EOH; and

RKAC842
43m at 0.12 per cent nickel, 0.02 per cent copper, 0.02 per cent cobalt from 64m to EOH.

“These results are from the ongoing infill aircore program at Mawson and have extended and strengthened the eastern geochemical footprint,” Legend Mining managing director Mark Wilson said in the company’s announcement to the Australian Securities Exchange.

“This footprint is a compelling target for RC/Diamond drilling which is already underway.”

 

 

Email: admin@ventureminerals.com.au

 

Web: www.ventureminerals.com.au

 

Legend Mining Resamples Rockford Results

THE DRILL SERGEANT: Legend Mining (ASX: LEG) received assay results from re-submitted aircore drilling core from Area D at the company’s Rockford project in the Fraser Range of Western Australia.

Legend Mining explained that drilling carried out in November 2017 identified two drillholes, (RKAC151 and RKAC167) with anomalous nickel, copper and cobalt results from four-metre composite samples at Rockford.

Resampling of these holes at one-metre intervals was completed in December 2017 aimed at providing detailed geochemical information within the regolith profile.

Results included:

RKAC151
47 metres at 0.3 per cent nickel, 0.11 per cent copper, 0.03 per cent cobalt from 64m to end of hole, including 10m at 0.23 per cent nickel, 0.25 per cent copper, 0.03 per cent cobalt from 64m, including 6m at 0.38 per cent nickel, 0.15 per cent copper, 0.03 per cent cobalt from 96m; and

RKAC167
10m at 0.09 per cent nickel, 0.09 per cent copper, 0.01 per cent cobalt from 56m to end of hole, including 4m at 0.14 per cent nickel, 0.16 per cent copper, 0.02 per cent cobalt from 59m.

“These results are essentially a repeat of the earlier assays and confirm that the four-metre composite sampling methodology that we are employing gives an accurate indication of nickel, copper and cobalt numbers,” Legend Mining managing director Mark Wilson said in the company’s announcement to the Australian Securities Exchange.

Upcoming work at Rockford is to include infill aircore drilling adjacent to drillholes RKAC151 and RKAC167 to determine the extent of the anomalous nickel-copper-cobalt footprint.

The company will also complete the final 20 holes of its 2017 aircore program at Area D and will complete additional drill traverses over other aeromagnetic and gravity features at Area D.

Results from the aircore drilling will be used to assist design of follow-up MLTEM surveying with further evaluation of previously identified EM conductors to be carried out at Areas D, J, Q and U.

“The new aircore program is designed to investigate the anomalous geochemical footprint around holes RKAC151 and RKAC167 and more interesting magnetic/gravity features at Area D,” Wilson said.

 

Website: www.legendmining.com.au