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The Legend Mining (ASX:LEG) share price is up 10% today. Here's why


The
Legend Mining Ltd(ASX: LEG) share price is soaring today following news from its Mawson discovery zone. There, it has come across 2 new intercepts of nickel-copper sulphide.
At the time of writing, the Legend Mining share price is up 10%, trading at 13 cents each.
Let’s take a closer look at today’s news from the miner.
Massive nickel-copper sulphide intercepts
According to Legend Mining’s release, the company has intercepted a wide sulphide zone at its flagship Mawson Ni-Cu-Co prospect in Western Australia.
Results from the 2 drill holes have been described by the company as “massive nickel-copper sulphide intercepts”. The results came from a drilling program made up of 4 holes, conducted at the site over the second half of April. ....

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Boadicea Resources Ltd sitting pretty on potential $50 million payday in Fraser Range


Boadicea Resources Ltd (ASX:BOA) is confident its growth trajectory is exponential as it sits on a potential $50 million-plus payday from mining partner IGO Ltd (ASX:IGO), amid several other projects in the premier mining regions of northern Western Australia and northern Queensland.
Back in early September 2020, Boadicea executed a conditional asset sale agreement with IGO Newsearch, a wholly-owned subsidiary of IGO, which is one of Australia’s biggest mining companies with a market cap of $5.3 billion.
That agreement saw Boadicea farm-out nine of its tenements in Western Australia’s Fraser Range, prospective for nickel, to IGO Newsearch in return for a $5.5 million upfront payment, a $1.5 million investment through BOA shares and, potentially, $50 million. ....

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FTSE 100 sleepwalking to the end of a day of modest losses

FTSE 100 sleepwalking to the end of a day of modest losses
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