Australia's Legacy Minerals surges on gold find at NSW project

Legacy Minerals Holdings

15/02/2023 04:02

** Shares of Legacy Minerals Holdings Ltd  LGM.AX  jump as
much as 53.1% to A$0.245, highest level since Sept. 16, 2021
    ** LGM eyes best day since Dec. 2, 2022, if gains hold
    ** Gold miner says drilling intersected gold and silver
bearing low-sulphidation epithermal veins at its Bauloora
Epithermal project in New South Wales
    ** Says the new discovery demonstrates growth potential with
"significant anomalous trends and targets of the project that
remain completely untested"
    ** Stock down ~18% this year, as of last close
 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))