Legacy Minerals Unveils Significant Resource Growth at Drake Gold-Silver Project

Legacy Minerals Holdings Limited (ASX: LGM) is an Australian exploration company focused on discovering gold, silver, and critical base metals across New South Wales. The company recently announced a major update to its Mineral Resource Estimate (MRE) at the Drake Epithermal Gold-Silver Project, with 0.8Moz of gold-equivalent and 35Moz of silver-equivalent resources identified across 34Mt of ore. The project comprises four main deposit groups—Mt Carrington (gold- and silver-rich), Red Rock, and White Rock—offering open-pit potential with mineralisation from surface. Notably, the project also contains significant quantities of zinc, copper, and lead. Exploration upside remains strong, with all deposits open along strike and at depth. Legacy is progressing through an Assessment Lease application and leveraging modern geophysics to define new targets. The company continues to systematically build value through expansion drilling, greenfield exploration, and increasing confidence in historical data.

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