Australia's Legacy Minerals rises on new drill targets at NSW project

Legacy Minerals Holdings

28/06/2024 04:41

** Shares of Legacy Minerals  LGM.AX  rise as much as 9.6%
to A$0.285; set to gain most since June 19, if current gains
hold
    ** The base-metal projects explorer says newly identified
gossan (intensely oxidized or decomposed rock) found at Central
Cobar Project in NSW
    ** Co says electrical geophysical survey planning is
currently underway to follow-up priority targets at project
    ** Stock on track for its worst week since week-ending May
31, down 1.7% so far this week
    ** Stock is up 116.7% so far this year, as of last close

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))