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Legend Mining (LEG) investor relations material
Legend Mining H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Focused on exploration for gold and base metals in Western Australia, with activities at Pinnacle Well and Rockford Project tenements enhancing gold prospectivity and progressing land access agreements.
Heritage surveys at Pinnacle Well completed in July 2026, with statutory approvals pending for drill programs.
Financial highlights
Net loss after tax for the half-year ended 30 June 2026 was $340,572, a significant improvement from a $3,094,691 loss in the prior year period.
Finance revenue was $237,858, down from $287,775 year-over-year.
Impairment expense dropped to $62,433 from $2,625,702 year-over-year.
Cash and cash equivalents at 30 June 2026 were $9,739,602, down from $10,432,047 at 31 December 2025.
Net cash used in operating activities was $334,192, and net cash used in investing activities was $307,511 for the half-year.
Outlook and guidance
Awaiting final statutory approvals to commence drilling at Pinnacle Well following heritage surveys.
No dividends paid or proposed for the period.
- Gold drill targets advanced at Pyrophyllite Hill and Alpha North; $9.7M cash supports exploration.LEG
Q2 2026 TU - High-priority gold targets defined at Alpha North and Pyrophyllite Hill; drilling to start July 2026.LEG
Q1 2026 TU - Net loss widened to $11.85M as gold exploration advanced and nickel assets were rationalised.LEG
H2 2025 - Exploration delays and tenement rationalisation marked 2024, with a $5.25M net loss and strong cash reserves.LEG
H2 2024 - Expanded Pinnacle Well, identified new gold anomalies, and ended Rockford JV; cash at $10.4M.LEG
Q4 2025 TU - Pinnacle Well project settled, $11.1M cash, Rockford JV ended, exploration progressing.LEG
Q3 2025 TU - Half-year loss narrowed, cash increased, and gold project acquisition signals diversification.LEG
H1 2025 - Pinnacle Well Project acquired, cash at $11.8M, and board changes mark the quarter.LEG
Q2 2025 TU - Six new conductors identified at Octagonal as fieldwork resumes and cash remains strong.LEG
Q3 2024 TU
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