Legacy Minerals Holdings (ASX:LGM) engaged service provider Mining Plus to review and update the pre-feasibility study for its Drake epithermal gold-silver project in New South Wales following a recent update to its mineral resource estimate, according to a Tuesday Australian bourse filing.
The pre-feasibility study is expected to be completed in April, the filing said.
Further, the firm finished processing six drill holes drilled on the project in 2021 by a previous explorer which were never assayed, and sent them for for multi-element analysis.
Its shares rose 6% in recent trading on Tuesday.
Price (AUD): $0.19, Change: $+0.010, Percent Change: +5.71%
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