Business · Energy & Commodities · 6 hrs ago

Legacy Minerals finds shallow copper in first Emu drilling

Legacy Minerals finds shallow copper in first Emu drilling

Legacy Minerals found shallow copper in its first drilling at the Emu prospect in northeast New South Wales.

Emu is part of the company’s Mt Carrington project, described as containing 1.6 million ounces of gold-equivalent resources.

The drilling was designed to test the area beneath a historic open pit.

The results support the possibility that higher-grade copper continues below the pit.

The announcement concerns early exploration results and does not establish the size or commercial value of a copper deposit.

The company’s next steps are not stated.

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