Legacy Iron Ore Ltd. Stock Analysis LCY.AX

Legacy Iron Ore Ltd. engages in the exploration and development of iron ore, gold, and base metal deposits. The company is headquartered in Perth, Western Australia. The company went IPO on 2008-07-08. Its projects include Mt Bevan, South Laverton and East Kimberley. The Mt Bevan Project is the Company’s flagship project, comprising a single tenement located approximately 100 kilometers (km) west of Leonore in the Yilgarn region of Western Australia with close proximity to existing projects, road, rail and port facilities. Its South Laverton project includes Mt Celia Project, Yilgangi Project, Yerilla Project, Patricia North Project and Sunrise Bore project. The Sunrise Bore project lies some 12 km east of the world-class Sunrise Dam gold mine operated by AngloGold Ashanti. The East Kimberly Project is located in the Halls Creek area, approximately 350 km south of Kununurra and is readily accessible via the Great Northern Highway. The project comprises Koognie Park, Sophie Downs, Ruby Plains and Taylor Lookout tenements.