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Legacy Iron Ore Ltd ( (AU:LCY) ) has provided an update.
Legacy Iron Ore Limited has reported significant progress in its South Laverton and Mount Bevan projects for the quarter ending September 2025. In the South Laverton Project, the company executed six ore sales to Paddington Mill and completed a drilling campaign to support waste rock characterization studies. Additionally, metallurgical test work and feasibility studies are underway for a potential on-site processing facility. In the Mount Bevan Project, Legacy Iron has submitted a mining lease application and advanced access agreements for hydrogeological programs. Environmental surveys and studies to validate logistics costs are also in progress, indicating a strategic push towards enhancing project value and operational independence.
More about Legacy Iron Ore Ltd
Legacy Iron Ore Limited is a Western Australian company focused on the development and discovery of iron ore, base metals, tungsten, and gold. The company aims to increase shareholder wealth through the discovery, development, and operation of profitable mining assets. Legacy Iron was listed on the Australian Securities Exchange in 2008 and has made several discoveries in iron ore, manganese, and gold, which are currently undergoing drilling and resource definition.
Average Trading Volume: 1,400,735
Technical Sentiment Signal: Sell
Current Market Cap: A$79.34M
See more insights into LCY stock on TipRanks’ Stock Analysis page.