Legend Mining
Legend Mining Limited (ASX:LEG) is a pre-revenue Australian mineral exploration company advancing the Rockford Project (Fraser Range, Ni-Cu-Co) and Pinnacle Well Project (Northern Goldfields, gold) in Western Australia for ASX investors and potential acquirers.
- Company typePublic
- Founded1993
- HeadquartersPerth, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Legend Mining does
Legend Mining Limited (ASX:LEG) is an Australian mineral exploration company headquartered in West Perth, Western Australia, founded in 1993 and operating with 11-50 employees. The company's stated mission is to make value-adding mineral discoveries and maximise stakeholder benefit. It operates two primary exploration projects: the Rockford Project (378km2) in the Fraser Range, targeting magmatic nickel-copper-cobalt sulphide mineralisation under a 70/30 joint venture with the Creasy Group (Legend as manager), and the Pinnacle Well Project (128km2) in the Northern Goldfields, targeting intrusive-related and structurally controlled gold mineralisation along with VMS-style zinc-copper-lead-silver. The Mawson Ni-Cu-Co deposit within Rockford contains a maiden Mineral Resource Estimate of 1.45Mt @ 1.14% Ni, 0.74% Cu, 0.07% Co (1.2% NiEq), classified as 0.86Mt Indicated and 0.59Mt Inferred, following the December 2019 discovery of massive nickel-copper sulphides.
The company's exploration technology stack is built on integrated geophysical and drilling techniques: 3D seismic data acquisition (6.5km2), moving loop, fixed loop, and downhole electromagnetic (MLTEM, FLTEM, DHTEM) surveys, gravity surveys across 35,600 stations, project-wide aeromagnetic data at 50m line spacing, project-wide soil and calcrete geochemical sampling, and aircore, RC, and diamond drilling. Differentiators include continuous expansion of the proprietary dataset since 2015 and the 70% ownership of the Mawson discovery within a Creasy-Group-consortium tenure.
Legend Mining is pre-revenue. Value is created through mineral discoveries that can be advanced to production or sold to larger mining companies, with capital raised through equity issuance on the ASX. The customer base is the ASX investor community — major shareholders include IGO Limited (12.88%), the Wilson Group (6.34%), and the Bailey Group (5.58%). The most recently disclosed cash inflow is an A$811K R&D Cash Refund received in February 2026. With a share price of A$0.009 (January 2026) and a year-to-date decline of -33.33% against a Basic Materials sector gain of +53.58%, the equity is trading at a low level reflective of pre-revenue exploration risk.
Legend Mining firmographics
Firmographics- Name
- Legend Mining
- Legal name
- Legend Mining Limited
- Website
- https://legendmining.com.au
- Company type
- Public
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Legend Mining Limited (ASX:LEG) is a pre-revenue Australian mineral exploration company advancing the Rockford Project (Fraser Range, Ni-Cu-Co) and Pinnacle Well Project (Northern Goldfields, gold) in Western Australia for ASX investors and potential acquirers.
- Ownership category
- akta.pro rank
Legend Mining industry classification
Industry- Product category
- Mineral Exploration
- NAICS
- Other Metal Ore Mining (212290), Gold Ore and Silver Ore Mining (21222)
- SIC
- Metal Mining (1000), Gold And Silver Ores (1040)
- akta.pro primary industry
- Exploration & Resource Development (Critical Minerals) (IMAKAFAL)
- akta.pro secondary industry
- Precious Metals Exploration & Project Development (IMAKAEAI)
Keywords
Where Legend Mining is headquartered
LocationHeadquarters
- HQ city
- Perth
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Legend Mining business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D
Revenue model
- Mineral Exploration and Discovery: Pre-revenue exploration stage company. The company generates value through making mineral discoveries which can be advanced through development or sold to larger mining companies. Currently has no production revenue from its Mawson deposit or other projects.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Legend Mining product offering
Product offeringCore offering
Legend Mining is an ASX-listed Australian mineral exploration company that explores for base metals and gold in Western Australia. Its principal activities are nickel-copper exploration at the Rockford Project in the Fraser Range and gold-copper-lead-zinc exploration at the Pinnacle Well Project. The company is pre-revenue and monetises its exploration activity through future mining, joint venture, or divestment outcomes, with its flagship achievement being the Mawson nickel-copper discovery at Rockford.
Product overview
Legend Mining is an Australian mineral exploration company with two primary exploration projects: the Pinnacle Well Project (gold-copper-lead-zinc, 128km2) in the Northern Goldfields and the Rockford Project (nickel-copper, 378km2) in the Fraser Range of Western Australia. The Rockford Project contains the Mawson Ni-Cu-Co Deposit, a significant discovery made in December 2019 with a maiden Mineral Resource Estimate of 1.45Mt completed in February 2023. The company operates as a joint venture with the Creasy Group (70%/30% split) at Rockford, with exploration activities including aircore drilling, geophysical surveys, RC and diamond drilling, and 3D seismic surveys.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Mawson Ni-Cu-Co Maiden Mineral Resource Estimate: 1.45Mt @ 1.14% Ni, 0.74% Cu, 0.07% Co (1.2% NiEq)
- +2 more outcomes
Companies that use Legend Mining
Customer profileSegments3 records
Legend Mining technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Legend Mining partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Creasy GroupcoreJoint venture partnership on the Rockford Project with Legend holding 70% ownership and managing the joint venture. The Creasy Group holds 30% interest. Legend acquired an extensive exploration dataset over the entire Rockford Project in 2015, which has been continuously expanded through Legend's exploration activities.
Scale indicators6 records
Recent moves5 records
Expansion highlights4 records
Legend Mining competitors and assessment
Company assessmentBroad incumbents
- BHP Group: Global diversified miner and operator of the nearby Nova-Bollinger Ni-Cu mine in the Fraser Range; relevant broader incumbent for understanding the strategic value of magmatic Ni-Cu discoveries in the district.
- Core Lithium: ASX-listed lithium-focused producer/explorer with Northern Territory operations; a broader incumbent in the Australian critical-minerals space and a relevant peer for critical-metals valuation benchmarking.
- Nickel Mines: ASX-listed nickel producer with interests in Indonesian and Australian operations; provides a downstream reference point for the value of nickel sulphide inventory comparable to Mawson.
Direct peers
- IGO Limited: Diversified battery-metals miner and Legend's largest shareholder (12.88%) also active in the Fraser Range; directly comparable as a strategic acquirer/JV partner for Ni-Cu projects in WA and a benchmark for Legend's strategic direction.
- Alkane Resources: ASX-listed gold-copper explorer and producer in Western Australia (Tomingley, Peak Hill); comparable in commodity mix and stage of development on its gold-copper projects relative to Legend's Pinnacle Well.
- Podium Minerals: ASX-listed junior exploring for nickel, copper and PGE in Western Australia; comparable size, stage and commodity focus as a small-cap WA critical-minerals explorer.
- Creso Pharma-adjacent WA gold peer (Breaker Resources): ASX-listed WA gold explorer with projects in the Northern Goldfields/close to Leonora; a like-for-like small-cap gold exploration peer for Legend's Pinnacle Well project.
- Azure Minerals: ASX-listed explorer advancing the Andover Ni-Cu project in the Pilbara/WA; directly comparable as a Western Australian nickel-copper sulphide explorer at the discovery-to-resource definition stage.
- Galileo Mining: ASX-listed junior focused on nickel-copper-PGE and cobalt discoveries in the Fraser Range of Western Australia; closest direct comparable by geography, commodity focus, and exploration-stage profile.
- Panoramic Resources: Western Australian-focused nickel-copper producer/explorer with operations and exploration in prospective terranes; comparable business model of advancing WA Ni-Cu assets from exploration through development.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Legend Mining social profiles
Digital presenceLegend Mining financial estimates
Financial estimateRevenue estimate
Valuation estimate
Legend Mining leadership team
Management profileNumber of profiles
Legend Mining funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Legend Mining M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Legend Mining
What does Legend Mining do?
Legend Mining is an ASX-listed Australian mineral exploration company that explores for base metals and gold in Western Australia. Its principal activities are nickel-copper exploration at the Rockford Project in the Fraser Range and gold-copper-lead-zinc exploration at the Pinnacle Well Project. The company is pre-revenue and monetises its exploration activity through future mining, joint venture, or divestment outcomes, with its flagship achievement being the Mawson nickel-copper discovery at Rockford.
Is Legend Mining a public or private company?
Legend Mining is a public company. It is classified as public and is currently operating.
When was Legend Mining founded?
Legend Mining was founded in 1993. It employs 11 to 50 people.
Where is Legend Mining based?
Legend Mining is headquartered in Perth, Australia, in the Oceania region.
How does Legend Mining make money?
One revenue line is on record: mineral Exploration and Discovery.
Who are Legend Mining's main competitors?
Broad incumbents on record are BHP Group, Core Lithium and Nickel Mines. Direct peers are IGO Limited, Alkane Resources, Podium Minerals, Creso Pharma-adjacent WA gold peer (Breaker Resources), Azure Minerals, Galileo Mining and Panoramic Resources.
Does Legend Mining have an API?
No public API is recorded for Legend Mining.
What industry is Legend Mining in?
Legend Mining's product category is Mineral Exploration. Its primary akta.pro industry code is IMAKAFAL, Exploration & Resource Development (Critical Minerals), with a secondary code of IMAKAEAI, Precious Metals Exploration & Project Development. Its NAICS code is 212290 and its SIC code is 1000.