**other projects** hi all....
just having a quick look at some of the other projects..see below...
as legend have recently said they are now re-evaluating
how to best maximise the value of its karratha project for shareholders..
perhaps we can try and find out how long it might take in re-evaluating karratha..ie:1,2 or 6 months..
going by the information below and other records, i'd say they'll have some very good prospects with some of the projects in and around karratha..mostly gold & base metals..
it makes interesting reading looking previous drilling results (suggest you take the time, if your a keen legend follower)..
as we know at this point of time there priority is gidgee..
at least we having something to look forward too down the short track..
5. KARRATHA GOLD AND BASE METAL PROJECTS
During the Quarter exploration for gold, base metals and nickel continued at a reduced
level on Legend’s Karratha Project, which covers about 675 square kilometres of the
West Pilbara greenstone belt between Karratha, Roebourne and Radio Hill.
Recent exploration success in the region by De Grey Mining, Fox Resources and others
has emphasised the area’s potential for a wide range of commodities.
Following acquisition of the Gidgee project, the Company is now re-evaluating how to
best maximise the value of its Karratha Project for shareholders.
Carlow Castle (Legend 100%)
Drilling to extend and increase Legend’s high grade gold and copper resource at Carlow
South has been delayed by the acquisition of the Gidgee project.
Mt Sholl, Twin Table Hills (Legend 100%)
Only limited fieldwork was carried out, mainly aimed at better defining areas of quartzironstone
shears and reefs. Exploration is planned to resume in March/April 2004, once
weather conditions improve.
Ruth Well (Legend earning 70%)
Compilation and evaluation of previous data from the Ruth Well nickel deposits has
continued. Geological Survey publications indicate that the Ruth Well target size is
probably 70,000t at about 3% Ni.
Bradley Well (Legend 100%)
Exploration during the Quarter discovered several samples of heavily-mineralised gold
lode material associated with western extensions of the Orpheus shear and gossan
system. Evaluation of the implications of this high grade discovery are continuing, and
planning of possible drill testing have commenced.
5. MUNNI MUNNI JOINT VENTURE.
Legend retains a 33.33% interest, having elected earlier this year not to continue earning
towards 50%.
On 27th November, JV operator East Coast Minerals announced completion of a
detailed aeromagnetic survey over the base of the Munni Munni intrusive seeking nickel
-copper sulphide mineralisation. Planned follow-up by ground TEM geophysics was
also announced.
Results from 62 geochemical samples were also presented, showing anomalous nickel
and copper values, although locations and geological relevance have not yet been
reported.
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