Legend Mining says results from fourth Octagonal hole are beyond expectations
Melbourne, Victoria
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August 01, 2023 01:20 PM Eastern Daylight Time
Legend Mining Ltd (ASX:LEG) chair Mark Wilson tells Proactive the company has hit the right rocks and host stratigraphy at the Octagonal prospect within the Rockford Project in WA’s Fraser Range that are marker characteristics for a Nova-style nickel-copper orebody.
Diamond drilling is ongoing and the company is highly encouraged by hole OCDD004 in Target Area C, which intersected fertile host intrusion with zones of nickel-copper sulphide increasing with depth towards the basal contact.
Wilson said: “Diamond hole 4 has intersected the right mineralised intrusive rocks and favourable host stratigraphy, both being marker characteristics for a Nova style nickel-copper orebody.
"Importantly, in this hole, there is an excellent correlation between the seismic data and geology, and our technical team believe this hole will transpire to be the most informative drill hole at Octagonal to date.
"It has certainly given us confidence that the seismic/AMT target in hole 5 could be the accumulation of nickel-copper sulphide we are seeking.”
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