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Legend Mining Ltd.

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Summary

Project:

Rockford

Deposit:Area D
Location:Australia
Commodities:Nickel-Copper-Magnesium
Date:1/22/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:22-1-2018: Legend Mining Ltd. announces an Exploration/Drilling Update report for its Area D deposit at the Rockford project. Resampling results incl. 47m @ 0.30% Ni, 0.11% Cu, 0.03% Co from 64m to end of hole. Aircore drilling at Area D in November 2017
Resources:x
CP/QP:[Overall Report]: Derek Waterfield (Internal)
ABSTRACT:Aircore drilling at Area D in November 2017 identified two drillholes, (RKAC151 and RKAC167) with anomalous nickel, copper and cobalt results from 4m composite samples at Legend’s Rockford Project in the Fraser Range of Western Australia. Resampling of these holes at 1m intervals was completed in December 2017 aimed at providing detailed geochemical information within the regolith profile. Legend Managing Director Mark Wilson said, “These results are essentially a repeat of the earlier assays and confirm that the 4m composite sampling methodology that we are employing gives an accurate indication of nickel, copper and cobalt numbers. The new aircore programme is designed to investigate the anomalous geochemical footprint around holes RKAC151 and RKAC167 and more interesting magnetic/gravity features at Area D”. Aircore drilling at Area D in November 2017 identified two drillholes, (RKAC151 and RKAC167) with anomalous Ni-Cu-Co results from 4m composite samples, (ASX releases 11 and 18 December 2017). Resampling of these anomalous intersections at 1m intervals was completed in December 2017 (RKAC151 over 60-111m and RKAC167 over 56-66m) aimed at providing detailed geochemical information within the regolith profile. Full multi-element assay results from the 1m resampling in both drillholes have been received, showing a very close correlation to the original 4m composite sampling, see Table 1 for comparison. Importantly, the presence of anomalous copper values associated with the nickel was confirmed, reinforcing the prospectivity of Area D.

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