Australia's Legacy Minerals gains on JV deal for New South Wales project

Legacy Minerals Holdings

16/10/2024 05:08

** Legacy Minerals  LGM.AX  rises as much as 4.7% to
A$0.225, the highest since Oct. 4
    ** Gold explorer says its exploration partner Earth AI has
intercepted multiple platinum group elements, nickel and copper
mineralisations in New South Wales' Fontenoy Project
    ** Signs JV with Earth AI for A$4.5 mln ($3 mln) investment
over 4 years for 80% stake in the project
    ** Stock up 87.5%

($1 = A$1.4941)

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com;))