Legend drill set to start at Fraser Range
A NEW drill program will start next week on one of WA’s hottest nickel footprints, when Legend Mining commences its next round exploration push on its Rockford project in the Fraser Range in the State’s southwest.
The schedule marks a new era for Legend, whose Fraser Range prospectivity has attracted veteran miner Mark Creasy and top WA nickel producer, Independence Group, to its share register with a total holding in excess of 40pc.
Addressing the Paydirt 2019 Australian Nickel Conference, Legend managing director Mark Wilson said a diamond drill rig had been booked for the drill start and barring any delays, should commence next Monday.
The company is targeting Rockford’s D5 prospect contained within a bedrock conductor that has been upgraded by Legend’s own geology, geochemistry and petrology work.
The planned drillhole has a planned depth of 500ms with contact with the D5 conductor expected at around 380m depth.
Mr Wilson said post completion of the drilling, downhole EM surveying of the hole will be undertaken to ensure the conductor has been intersected, and to test for any offhole conductors.
The new schedule marks yet another turning point for Legend.
In the past decade or so, the company has moved out of a heavy debt and low cash position into a no-debt, strong cash position ($13.5m currently) and holdings of more than 3000 sqkm in wholly-owned and joint venture tenements within the highly prospective Fraser Range area.
Fraser Range is already home to the Nova nickel mine to the south and the Tropicana gold mine to its north, with Legend’s Rockford project located about midway.
“Our exploration focus is to target at Rockford, Nova style nickel-copper, VMS style zinc-copper-silver and Tropicana style structurally controlled gold mineralisation,” Mr Wilson said.
“The suite of data sets we have collated for our Rockford holding have proved extremely valuable in identifying areas for priority follow-up exploration.”