Legacy Minerals Holdings Ltd. has defined multiple large, untested chargeability anomalies exceeding 30 mV/V at the Mascotte Prospect within its Mt Carrington Project in New South Wales.

Ground induced polarisation (IP) surveys mapped a northeast-trending resistive corridor flanked by two main chargeability zones outside the existing 1.6 Moz gold-equivalent Mineral Resource. The surveys identified a larger northern zone centred at approximately 100 to 120 metres depth with an amplitude exceeding 30 mV/V, alongside a shallower southern zone up to 30 mV/V at a depth of 60 to 80 metres. Three-dimensional inversion modelling indicates the zones are continuous between survey lines over a 300-metre strike length that remains open to the northeast and southwest.

Several of the strongest anomalies are interpreted as blind targets that do not reach the surface, meaning they cannot be found by surface rock sampling and have not been tested by previous drilling. The chargeability targets sit alongside known gold-silver mineralisation at Mascotte, which includes previous drill intercepts such as 40 metres at 1.0 g/t gold from 151 metres in MSDD001.

“The strongest anomalies exceed 30 mV/V, and the 3D modelling shows they are continuous between our survey lines and remain open along strike. These are the kinds of untested targets that can lead to the next major discovery at Mt Carrington, and all are outside the existing 1.6 Moz gold-equivalent Mineral Resource. Drilling is already underway, and testing these targets is a priority in the current program.”

— Christopher Byrne, CEO & Managing Director

Drilling is currently underway to test the newly identified IP chargeability targets at the Mascotte Prospect. An updated Mineral Resource Estimate for the Mt Carrington project is anticipated following recent exploration and drilling. Additionally, project owner Caadia Metals Pty Ltd staked two new exploration and mining title applications between 22 May 2026 and 26 June 2026 near the project.

Read the full announcement: New Survey defines Large and Untested Gold-Silver Target