Legacy Minerals Holdings LimitedASX: LGM

New Scandium Resource Underway at NiCo Young NSW

· Issued by Legacy Minerals Holdings Limited

Filed with ASX · · 8 pages · English

Summary by 6ix AI

Legacy Minerals Holdings Limited has announced that an updated Mineral Resource Estimate is underway for its NiCo Young Nickel-Cobalt-Scandium Project in New South Wales, which will include scandium for the first time. WSP Australia Pty Limited has been engaged to assess the scandium potential alongside the existing nickel and cobalt resources, with results expected in the near future. The updated estimate aims to enhance the understanding of the project's value by incorporating scandium, a critical mineral with limited global supply. This initiative builds on the project's status as one of Australia's largest nickel-cobalt resources, which is entirely owned by Legacy Minerals.

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