LGM 3.77% 27.5¢ legacy minerals holdings limited

Good question, Not sure. We would have to see pictures of rock...

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    Good question, Not sure. We would have to see pictures of rock textures to form an opinion. Drilling around Mt felstead workings was high in galena (lead), so perhaps it’s high up in the system also.

    At Pajingo, the galena mineralisation lies above the high grade ore and above the galena mineralisation is the chalcedonic zone. The high grade ore is low in sulphide, has coliform crustiform textures in quartz and has a vertical extent of only 200m. Below the crustiform coliform zone is the crystalline quartz zone which is low grade. There’s no sign that LGM are in the crystalline zone, so the best grade should be below the current drilling and possibly along strike down plunge if it’s anything like Pajingo.

    At Pajingo, after mining started at the outcropping Scott lode it still took years to locate the Vera Nancy lodes. Vera Nancy were the real pay dirt with high grades and good thicknesses. Almost 6 million ounces now mined at Pajingo. My point is that it might take a while to find the sweet spot, but 6 million Oz at 10g/t is worth some patience.


 
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