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Legend Mining Ltd.

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Summary

Project:

Rockford

Deposit:Area N
Location:Australia
Commodities:Nickel-Copper-Gold
Date:5/9/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:9-5-2017: Legend Mining Ltd. announces an Exploration/Drilling Update report for its Area N deposit at the Rockford project. Drilling results incl. 37m @ 0.1% Ni, 0.01% Cu, 0.01%Co, 0.11% Cr from 24m. Legend Mining Limited (“Legend”) is pleased to announc
Resources:x
CP/QP:[Overall Report]: Derek Waterfield (Internal)
ABSTRACT:Legend Mining Limited (“Legend”) is pleased to announce the results of recent exploration activities over Area N at its Rockford Project in the Fraser Range district of Western Australia. Fixed loop electromagnetic (FLTEM) surveying has modelled two conductors (N1-N2), with modelling of N1 defining a strong conductor (6,000-12,000S) at 500-550m depth. The N1 conductor lies on the SE margin of both a gravity feature and an aeromagnetic high, near the centre of a larger folded structure. This survey is a follow up on the previously announced conductors identified at Area N using Legend’s innovative moving loop EM Surveys (MLTEM). Assays from a single line of aircore drilling over conductor N1 returned anomalous nickel-copper (Ni-Cu) values of 37m @ 0.1% Ni and 0.01% Cu from 24m to bottom of hole (BOH) including values of 4m @ 0.14% Ni and 4m @ 0.02% Cu in RKAC068, see Figure 1. Follow up petrology on the BOH sample identified a favourable mafic host rock. Legend Managing Director Mark Wilson said; “We have prioritised RC/diamond drill testing of the N1 conductor once a rig becomes available. The anomalous nickel and copper numbers in the aircore hole and the confirmation of favourable mafic rock in the bottom of hole certainly elevate the prospectivity of this area. The similar lithologies encountered in the aircore hole 100m away have given a dimension of a minimum 200m width for the mafic unit”

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