Legacy Minerals Holdings Limited has released details on its latest Airborne Magneto Tellurics (MT) survey over the Drake Project, covering 298 square kilometers. Using a state-of-the-art MobileMT system with a frequency range of 25 Hz to 30,000 Hz, the survey has mapped the electrical resistivity of bedrock to depths of more than one kilometer. The non-ground disturbing technology has confirmed an excellent alignment between known mineral deposits and newly detected conductive bodies, revealing extensive, untested gold-copper-silver trends that extend several kilometers beyond the current shallow resource estimates. The detailed geophysical data highlights potential underground extensions to existing resources, including a reported 0.8 million ounces of gold equivalent and 35 million ounces of silver equivalent, and has identified eight high-priority exploration targets. Areas such as Mt. Carrington, White Rock, and Red Rock exhibit promising conductive signatures that are indicative of deeper hydrothermal alteration and mineralization systems. The survey’s resistivity cross-sections and plan views have provided a clearer picture of geological structures, supporting a robust exploration strategy to extend current resources and discover new greenfield deposits. Historical drilling data, with impressive grades noted in past studies, further supports the project's potential when evaluated alongside these advanced geophysical techniques. The announcement also details the planned next steps. Legacy Minerals will integrate the MT survey results into future exploration programs by conducting systematic geochemical soil sampling and drill-testing in identified target areas such as the Battery, Emu, and Mascotte prospects. The strategic approach is designed to build upon the established resource base and leverage the project’s favorable geological setting within the New England Fold Belt. Moreover, the Company’s scoping study has suggested strong economic metrics, including robust free cash flows, a high internal rate of return, and a significant net present value, underscoring the potential for transformative project development. In terms of market sentiment, the news carries bullish implications. The new geophysical technique not only confirms the potential to extend existing resource estimates but also opens up a pipeline of undiscovered targets that could drive significant future value. This breakthrough in technology, coupled with a historical track record of mineralization in the region and supportive economic studies, provides strong upside potential for investors. Conversely, from a bearish perspective, the forward-looking nature of the exploration targets comes with inherent risks. The success of converting these geophysical anomalies into economically viable resources will depend on further drill testing, comprehensive ground truthing, and ongoing data interpretation. Additionally, while the scoping study offers promising figures, achieving these outcomes is subject to commodity price fluctuations and regulatory considerations, which may impact near-term project development.