LGM 1.82% 27.0¢ legacy minerals holdings limited

Ann: Newmont Farm-in at Bauloora Project, page-20

  1. 1,425 Posts.
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    When I met Chris at Noosa, I also met with LDR, I held LDR for a few months after that as I awaited assays but was very illiquid so I bailed as I got worried...my $11000 would have been $40,000 if I had waited just 2 more weeks. Newmont wanted into this JV and I think they wanted it all squared away before the assays came out to avoid other potential partners trying to get a piece of the pie. Some wording from announcements: Mineralisation from near surface, open in all directions, more cores to cut than anticipated(word of mouth), more mineralisation than anticipated, every hole in the campaign to date has intersected substantial low sulphidation epithermal style veins and mineralisation. Limited testing at depth and across 15km2 gold zone with only 1.8km of 10km mapped veins being tested.
    All sounds positive that this could be a big system, question is do these assays confirm that or do they point to where the core of the system is?
 
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