Legacy Iron Ore is set to become a gold producer as it received final approvals from the Western Australian Government to begin mining at the Mount Celia gold deposit.

Key contracts and agreements are in the final stages of negotiation, with the mining contractor expected to mobilise in early October and surface mining operations at the Blue Peter pits to commence later that month.

Cashflow is anticipated in the second quarter of 2024 through toll treatment at Norton Goldfields Paddington Gold Mine processing plant.

Legacy Iron intends to use the revenue generated from the project to fund ongoing exploration and development programs.