Last C$0.08 CAD
Change Today +0.015 / 23.08%
Volume 4.0K
LGN On Other Exchanges
Symbol
Exchange
Venture
OTC US
Frankfurt
As of 9:46 AM 02/26/15 All times are local (Market data is delayed by at least 15 minutes).

legend gold corp (LGN) Snapshot

Open
C$0.08
Previous Close
C$0.07
Day High
C$0.08
Day Low
C$0.08
52 Week High
03/3/14 - C$0.33
52 Week Low
10/31/14 - C$0.05
Market Cap
4.0M
Average Volume 10 Days
12.2K
EPS TTM
C$-0.12
Shares Outstanding
49.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LEGEND GOLD CORP (LGN)

Related News

No related news articles were found.

legend gold corp (LGN) Related Businessweek News

No Related Businessweek News Found

legend gold corp (LGN) Details

Legend Gold Corp. is engaged in the acquisition, exploration, and development of mineral properties in the Republic of Mali and the Republic of the Congo. It primarily mines for gold and copper deposits. The company holds interests in 20 exploration properties covering an area of approximately 2,500 square kilometers. Its property portfolio comprises Lakanfla gold project, Diba-Badiazila project, and Randgold properties located in Western Mali; Tiekoumala and Mougnina projects, and Mogoyafara exploration permit located in Southern Mali; and Kingouala and Reneville exploration permits located in Congo. The company was founded in 1997 and is headquartered in Vancouver, Canada.

Founded in 1997

legend gold corp (LGN) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: C$5.8K
Vice President of Business Development
Total Annual Compensation: --
Consultant
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

legend gold corp (LGN) Key Developments

Legend Gold Corp. Announces Gradient-Array IP Survey Results Upgrade Drill Targets on Lakanfla Project

Legend Gold Corp. has completed its review of the recent gradient-array IP survey which has upgraded the potential karst-related oxidized gold targets on the Lakanfla Project, consisting of the Lakanfla and Tinntiba exploration permits. The gradient-array IP survey at the Lakanfla Project was completed in mid-July 2014 and covered 37 sq km which included all of the Lakanfla exploration permit, and a significant portion of the Tinntiba exploration permit. The review combined the geophysical data with data from termite mound and soil gold geochemistry, data from previous drilling campaigns as well as regional geology, airborne magnetics and ground gravity data. Six targets have been outlined based on a coincidence of structures intersecting gravity lows (Lakanfla Gravity Compilation). Early drilling indicates that some of these targets in part show thickened laterite cover and karst-fill sediments suggesting holes did not reach basement and consequently did not reach the target zone. The main gravity lows are also coincident with localized strong resistivity lows (Lakanfla IP Resistivity). The coincidence of the geophysical characteristics, geochemical indicators, and lithological features, greatly enhance the potential for karst-fill mineralization. The genetic model is based on the Yatela Mine (approximately 1.8 M oz historical gold production as reported on the owners' website) which is in similar geology as well as some of the Sadiola Mine satellite orebodies, FE3 and FE4, located about 15 km to the north. Both the Yatela Mine and the Sadiola Mine are owned by a joint venture of AngloGold Ashanti, IAMGOLD and the government of Mali. The exploration model (Lakanfla Karst Model Gold Enrichment) envisages mineralized structures intersecting favorable carbonate host rocks (Kofi Group) on the Lakanfla exploration permit. At such intersections, structures become the preferential locus of carbonate rock dissolution and collapse (karsts) giving rise to residual concentrations of oxide gold mineralization in the karst. At Lakanfla, the presence of a 1 km long artisanal mining area in Kofi Group calcareous siltstones adjacent to a major gravity low, as well as, known mineralization trending into the gravity lows, reinforces the exploration potential of the karst-enrichment model. The results greatly enhance the exploration potential of the karst-enrichment model and Legend is evaluating various options to explore these exciting targets, which lie 15 km southeast of the Sadiola Mine mill, either on its own behalf or with a joint venture partner.

Legend Gold Corp. Announces Management Changes

Legend Gold Corp. announced that Douglas Perkins has resigned as President, Chief Executive Officer and Director of the company effective immediately. Mr. Perkins will remain as a consultant to the Board of Directors on an as needed basis to assist with the transition. The Board has appointed the Chairman of Legend, Michael Winn, to replace Mr. Perkins as President and Chief Executive Officer.

Legend Gold Corp. to Cease Operations in Republic of the Congo

Legend Gold Corp. to cease operations in the Republic of the Congo. Although recent mapping, pitting and trenching on the Reneville Prospect defined 'terre noire' mineralization in both outcrop and old stockpiles at both the Indus and Marie areas, Legend geologists have concluded that the potential for even a small-scale operation is not viable under current market conditions. Mineralization in the Niari Basin of Congo occurs where a Tertiary unconformity directly overlies Neoproterozoic limestone and faults. Circulating ground water carrying dissolved base-metals appears to have precipitated in Mn-enriched limestone karsts mediated by faulting. This limits mineralization and thus the economic potential to a narrow vertical interval below the unconformity. This genetic model appears to hold for all known mineralization in the Niari Basin. The Kingouala and Reneville exploration licenses will be relinquished and the Brazzaville office closed. Closure costs are expected to be offset by the sale of vehicles and other equipment. The capitalized costs of the Kingouala and Reneville exploration licenses will be written off in the second quarter 2014 financials.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LGN:CN C$0.08 CAD +0.015

LGN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for LGN.
View Industry Companies
 

Industry Analysis

LGN

Industry Average

Valuation LGN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 0.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact LEGEND GOLD CORP, please visit www.legendgold.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.