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Legend Mining Ltd.
Summary
| Project: | Rockford | |
|---|---|---|
| Deposit: | Rockford | |
| Location: | Australia | |
| Commodities: | Nickel-Copper-Gold | |
| Date: | 12/13/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-12-2016: Legend Mining Ltd. announces an Exploration/Drilling Update report for its Rockford deposit at the Rockford project. Drilling results incl. 13m @ 964ppm Ni, 175ppm Cu, <0.01g/t Au from 48m. Legend Mining Limited (“Legend”) is pleased to announ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Derek Waterfield (Internal) | |
| ABSTRACT: | Legend Mining Limited (“Legend”) is pleased to announce assay results from its recently completed 64 hole aircore drilling programme at its Rockford Project in the Fraser Range district of Western Australia. As reported to the ASX on 17 November 2016, the drilling intersected mafic/ultramafic rocks on seven of the eight lines with olivine observed in ten of the 64 holes. Drillhole RKAC005 returned an intersection of 13m @ 0.1% Ni and 0.02% Cu from 48m associated with fine grained gabbro on drill Line 1, see Figure 1. Four other holes returned lower tenor anomalous Ni-Cu assays, while elevated gold values >0.1g/t Au (maximum 0.23g/t Au) occurred in another three holes, see Table 1. Twenty bottom of hole samples will be sent for petrological analysis with results expected in the new year. Legend Managing Director Mark Wilson said, “We are pleased with the assays from our first aircore programme at Rockford given the broad (400m) spacing of the holes. To understand the full significance of the 13m intercept in hole RKAC005 an infill aircore programme will be planned around that hole in the new year. The results continue the process of upgrading the prospectivity of the entire Rockford Project.” All multi-element assay results from the recently completed 64 hole regional aircore drilling programme have now been received, further supporting the nickel-copper prospectivity of the Rockford Project. The drilling was undertaken over eight target areas selected from aeromagnetic/gravity data and EM surveys, with the aim of providing information on the regolith profile, basement lithologies and the lithogeochemical signature of the basement rocks. | |
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