Legend Mining Limited has released a comprehensive update on its Pinnacle Well Project, located approximately 25 kilometers north‐northeast of Leonora, Western Australia. The company’s review of historical soil and rockchip data, along with reprocessed aeromagnetic, radiometric, and gravity datasets, has revealed a strong potential for both intrusion‐related, vein‐hosted gold mineralisation and VMS-style mineralisation containing copper, lead, zinc, and silver. The project covers an area of 110 square kilometers on two granted exploration licences and sits in a region known for significant gold and base metal deposits. Technical analysis played a key role in the review process. Using unsupervised machine learning on 2,813 ultrafine fraction soil samples spaced at intervals of 400–500 meters by 50–100 meters, the team identified eight notable geochemical anomalies. These include four gold anomalies (Au1–Au4), with Au1 showing values up to 8.5 times the normalised background, three base metal anomalies (BM1–BM3), and a distinctive pyrophyllite hydrothermal alteration anomaly (Pyr1). Geological indicators such as extensive quartz veining, ferruginous gossans, and evidence of prospector gold nugget patches lend further support. In addition, enhanced imaging from aeromagnetic data highlights regional structures like the NW–SE trending Keith-Kilkenny and Melita–Emu faults, critical in understanding potential fluid pathways and mineralisation controls at depth. The company’s review also underscored that historic exploration in the area, dating from the 1970s through to the early 2000s, was limited to shallow, broad-spaced reverse circulation and RAB drillholes. Most of the identified anomalies remain untested or have seen minimal drilling follow-up. Legend Mining Limited is now planning a more targeted field program to extend soil sampling, refine anomaly definitions, and conduct geological reconnaissance to design IP surveys that will better define drill targets. Market sentiment on the project is mixed. On the bullish side, investors may be attracted by the robust geochemical signals and supportive geophysical interpretations in a prolific mining region, suggesting multiple prospectivity corridors and significant upside potential for gold and base metal discoveries. Conversely, the bearish view points to the historical limitations in drilling—primarily shallow and sparse—with many targets still untested, underscoring the risks and uncertainties inherent in early-stage exploration. While the technical data is promising, further drilling and detailed exploration work will be essential to translate these prospects into a defined resource.