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Legacy Iron Ore Ltd.

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Summary

Project:

Mt Celia

Deposit:Mt Celia
Location:Australia
Commodities:Gold
Date:1/22/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:22-1-2019: Legacy Iron Ore Ltd. announces an Exploration/Drilling Update report for its Mt Celia deposit at the Mt Celia project. Drilling results incl. 12m @ 2.29g/t Au from 84m. Legacy Iron Ore Limited (Legacy Iron or the Company) is pleased to announce
Resources:(Resource, Inf.): 3.407Mt @ 1.68g/t Au for 184.1Koz Au contained at project
CP/QP:[Overall Report]: Bhupendra Dashora (Internal)
ABSTRACT:Legacy Iron Ore Limited (Legacy Iron or the Company) is pleased to announce encouraging gold results from the latest round of RC drilling at the Kangaroo Bore deposit within the Mt Celia Project. This program follows the positive pit optimisation study results (see ASX announcement dated 15th October 2018) which demonstrated a strong case for further resource enhancement through additional infill drilling. Drilling consisted of 21 inclined RC drill holes for 2,202 m across the Kangaroo Bore deposit (Figure 1). Drilling was designed to infill mineralisation at shallow depths within the optimised pit boundary, demonstrate continuity of previously reported mineralisation and to test for additional mineralisation beyond the modelled limits.

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