Announcement Date: 2022-04-11
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Legacy Mineral Holdings Ltd.
Project name: Bauloora
Location: Australia
Commodities: Gold,Silver,Copper,Lead,Zinc
Highlight: Drilling results incl. 9m @ 1.99g/t Au, 28.39g/t Ag, 0.16% Cu, 3.64% Pb, 6.23% Zn from 145m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Exploration activity at Legacy Minerals’ 100% owned Bauloora Project located in New South Wales has returned high-grade zinc, lead, gold and silver assay results. Drilling to date has focused on the Mt Felstead Prospect where breccia and vein hosted zinc and lead sulphides have been intersected. The Mt Felstead Prospect is the first of several high priority target areas to be drill tested at the Bauloora Project with the new assay results from the first three drill holes from the 10 RC drill hole program (Figure 2). These drill results are very encouraging, as they extend previously intercepted high-grade mineralisation and possibly indicate widening of the breccia zone with depth or the potential for discrete high-grade shoots within the broader mineralised fault. Drill hole BM004 was planned to test along strike of previously intercept high-grade mineralisation. Two 1m mineralised intercepts were 26m apart showing the parallel mineralisation at the prospect. These results again appear to highlight the significant variability in mineralised width both along strike and with depth.
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