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Legacy Iron Ore to start reverse-circulation drilling at Mount Celia gold project

Legacy IronOre Ltd. said July 22 that a 2,000- to 2,500-meter reverse-circulationdrilling will begin at its Mount Celia gold project in Western Australia in the weekof July 25.

The program will test the extent of gold mineralization atdepth and along strike at the Blue Peter and Coronation prospects.

The Mount Celia project contains two JORC-compliant gold resources,with the Kangaroo Bore containing an inferred resource of 46,000 ounces of goldfrom 1.04 million tonnes at 1.4 g/t of gold at a cut-off of 0.7 g/t, and theBlue Peter with inferred resource of 30,554 ounces of gold from 239,232 tonnesat 3.97 g/t of gold with a cut-off of 1.0 g/t.

Drilling is expected to take two weeks.