Legacy Minerals Holdings Limited has launched an aggressive 10,000‐meter diamond drill campaign at its Fontenoy Project in New South Wales. Seventeen new drill holes will test high-priority targets identified through a recent advanced Versatile Time Domain Electro-Magnetic (VTEM) survey. The company’s exploration strategy now targets platinum group elements, nickel, copper, and gold, as the drilling program follows up on notable conductivity anomalies and previous drill intersections that revealed encouraging grades, such as intervals of 120m at 0.30g/t PGE and narrower, higher-grade sections. The drilling is fully funded under the Farm-in joint venture with Earth AI, reinforcing the technical and financial commitment to unlock the potential of these newly defined conductive zones. The comprehensive VTEM survey covered an area of 12km by 3.5km, with data collected on 100m spacing lines using state-of-the-art equipment and a caesium magnetometer. Detailed data interpretation by SRK Consulting highlighted significant mid- to late-channel conductive signatures, which are believed to reflect sulphide accumulations associated with magmatic systems. These geophysical data corroborate historical drilling results and support the hypothesis of a fertile magmatic system akin to other world-class deposits. Further surveys, including planned 3D induced polarization follow-ups, will aid in refining the targets as drilling progresses. Market sentiment appears cautiously optimistic. On the bullish side, the integration of high-quality geophysical data with historical drill results, and a fully funded drilling program through a strategic joint venture, underscores the potential for discovering high-grade PGE, nickel, copper, and gold mineralisation. However, risks remain typical of early-stage exploration, with uncertainties surrounding deposit continuity, true width estimations, and further delineation of the complex geological setting. This blend of technical promise and exploration risk offers both enticing opportunities and a degree of caution for investors following this emerging project.