en.Wedoany.com Reported - Legacy Minerals (ASX:LGM) has commenced drilling at the McMahons Reef prospect within its wholly-owned Harden Gold Project in New South Wales, funded under an earn-in agreement with Hill Tops Gold.

The program, initially planned for eight holes totaling 885 meters, will test the area beneath historical workings, targeting depth extensions of recorded high-grade drill intercepts along the McMahons Reef trend. Drilling is expected to take six weeks to complete, with assay results anticipated in the third quarter of 2026.

Historical production at the Harden project has yielded high-grade drill intercepts, including 3.6 meters at 21.7 grams per tonne gold from 115 meters, and 5.8 meters at 4.7 grams per tonne gold from 104 meters.

Chief Executive Officer and Managing Director Christopher Byrne stated that the commencement of drilling marks a significant milestone for Legacy Minerals. He noted that the system has seen limited modern exploration, remains open along strike and at depth, and presents a compelling discovery opportunity in a region with a long history of high-grade gold production.

The company will report results from the McMahons Reef drilling as soon as they become available. These results will then be reviewed to guide potential follow-up programs at the Harden Gold Project.

Meanwhile, Legacy Minerals retains full ownership of the Thomson Project after Rio Tinto Exploration (RTX) decided not to exercise its option under the earn-in agreement. Byrne stated that following Rio Tinto's exit from the Thomson Project, the company now has a significant opportunity to re-evaluate the project using new geological insights gained from collaboration with the Rio Tinto team. While recent results have reduced the base metal potential, significant untested precious metal potential remains.

The company noted that Thomson offers significant opportunities to follow up on intrusion-related gold prospects, which were not a priority for RTX. Legacy Minerals has identified key targets, including a drill intercept of 370 meters at 0.1 grams per tonne gold, along with other discovery opportunities. The company explores for gold, silver, copper, and base metal projects in New South Wales, Australia.

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