Legacy Minerals has applied for an exploration license for the Nico Young nickel-cobalt project located in New South Wales, which has estimated resources of approximately 1 million mt of nickel and 100,000 mt of cobalt. Previously held by Jervois Global, the project now comes with no acquisition costs, no liabilities, or royalties, and benefits from over AUD 25 million in prior development work. Legacy views Nico Young as a significant long-term opportunity that complements its existing gold, copper, and silver projects. Currently, the company is seeking partners to advance the project while preserving its asset value until market conditions improve.