Drilling Resumes at Legacy Minerals’ Thomson Project

Konrad Forrest
Legacy

12 May 2025 | Bathurst, NSW – Legacy Minerals (ASX:LGM) has resumed drilling at its Thomson Project in north-western NSW, targeting large-scale intrusion-related gold-copper systems across the expansive 5,500km² tenement.

Following recent flooding, drilling has recommenced at the Cut-B anomaly, a high-priority gravity and magnetic target. This follows the successful testing of the nearby F4 anomaly, with assays pending.

Key Highlights:

  • Cut-B anomaly targets a coincident gravity-magnetic high, previously only tested for magnetic response.

  • Historical drilling returned strong alteration and high-grade intervals, including:

    • 1m @ 6.73g/t Au from 370m

    • 1m @ 497g/t Ag, 0.13% Nb from 392m

    • 0.7m @ 0.5% Cu, 4.2% Zn, 0.4% Sn from 411m

  • Cut-A anomaly recently delivered broad mineralised zones, including:

    • 377m @ 0.1g/t Au (uncut) with higher-grade intervals up to 3.7g/t Au

Legacy is exploring for IRG-Cu systems analogous to major discoveries at Havieron and Winu. The company believes the Thomson Project offers “a world-class discovery opportunity,” supported by recent acquisition interest from Red Hill Minerals (ASX:RHI).

CEO Chris Byrne commented:

“Drilling at both Cut-A and Cut-B has confirmed multiple hundred-metre alteration and mineralisation zones. These results strengthen our view that we’re dealing with a large, potentially significant system.”

Legacy Minerals plans further sampling at Cut-A and will continue testing targets across the underexplored belt.