Legacy Iron Ore Ltd (AU:LCY) has released an update.
Legacy Iron Ore Ltd and its partners have greenlit a A$20M Forward Works Program to advance the Mt Bevan Magnetite Project, aiming to enhance project definition, optimization, and risk mitigation over a two-year period. The program includes obtaining necessary tenure, transitioning an Exploration Licence to a Mining Lease, and conducting environmental, heritage, and resource assessments, setting the stage for a potential Feasibility Study and future Financial Investment Decision.
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