Legacy Minerals Holdings Files Exploration License Application for New South Wales Prospect

MT Newswires Live

2025/05/13

Legacy Minerals Holdings (ASX:LGM) lodged an exploration license application for the Nico Young prospect in New South Wales, according to a Tuesday Australian bourse filing.

The firm noted that the Administrator of Jervois Global relinquished the Nico Young exploration license.

The Nico Young deposit is interpreted to contain around one million tonnes of nickel and around 100,000 tonnes of cobalt.

It plans to initially complete low-cost desktop compilation work and studies over the prospect.

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