Legend Mining Limited (Legend) and its wholly-owned subsidiary Armada Mining Limited (Armada), hold rights through granted tenements, tenement applications and joint venture agreements over 686km² of the West Pilbara in the northwest of Western Australia.

 

The Pilbara Project area lies between 7km and 50km south of Karratha. Click here to view a tenement map.

 

A breakdown of land equity interests is tabulated below:

Ownership	Area (km2)
Legend and its wholly owned subsidiary Armada (100%)	565
Mt Marie JV: Armada earning 70% from Fox Resources Limited.	103
Munni Munni JV: East Coast Minerals NL 70% - Legend 30%.	18
TOTAL	686

Recent evaluation of the project’s magnetite iron ore potential has involved aeromagnetic modelling by Southern Geoscience Consultants (SGC) over 20km of prospective banded iron formation (BIF) within the Cleaverville Formation. Results from this work indicate an “Exploration Target” with the potential for 600Mt to 1,000Mt of magnetite. An expected grade of 25-35% Fe is considered likely based on reported grades from the nearby Cape Lambert and Mt Oscar resources, also hosted by the Cleaverville Formation.
(ASX Announcement: 28 October 2009).

Previous rockchip sampling results (44 samples) over BIF of the Cleaverville Formation were reported to the ASX on 20 November 2009. This non-systematic sampling programme was targeting high grade magnetite-bearing BIF, with 30 samples returning results ranging between 30-58% Fe. Outcropping BIF units have observable thicknesses up to 50m with semi continuous strike lengths up to 600m. This confirms the magnetite potential of the Cleaverville Formation within Legend’s Pilbara Project.
(ASX Announcement: 20 November 2008).

In November 2006, Legend flew an airborne Versatile Time Domain Electro Magnetic survey (VTEM-1) covering 180km²,
(ASX Announcement: 4 December 2006). A second VTEM-2 survey was completed in June 2007, covering 210km²,
(ASX Announcement: 5 July 2007).

The VTEM technique has proven to be an extremely valuable and cost effective technique in identifying new targets and known sulphide ore systems in the Pilbara. Priority anomalies identified in the two VTEM surveys have been followed-up with ground Fixed-Loop Transient Electromagnetic surveys (FLTEM) defining 14 immediate drill targets.
Click here to view target locations.

Eleven drill targets fall within Legend’s 100% tenure, two within the Mt Marie JV and one on Munni Munni JV ground. Approximately 50% of the current ground holding has now been flown by the two surveys.

Legend is currently negotiating a heritage agreement to gain full access to the project. The commencement of drill testing of electromagnetic targets and further evaluation of the iron ore potential will follow all statutory approvals.

IMAGES FROM PILBARA:

Helicopter VTEM survey		Helicopter VTEM survey		Surface expression of  Bushmill VTEM anomaly
Mapping and sampling the Cleaverville Banded Iron Formation		View looking along strike of the Cleaverville Banded Iron Formation		Mapping and sampling the Cleaverville Banded Iron Formation
Old workings at Carlow Castle		Sturt Desert Pea		Local view of the Pilbara

Click on any of the photos above to view a larger image in a new window

LINKED DIAGRAMS:

Pilbara Tenement Map

Cleaverville Aeromagnetic Image and Rockchip Results – Announcement 20 November 2008

VTEM1 Survey Map -4 December 2006

VTEM2 Survey Map - 5 July 2007

VTEM1 and VTEM2 target locations