Legacy Gold's Final Assays from Baner Drilling Extend Hole #04 to 187.5m (615ft) at 0.55 g/t Gold; Step Out Hole #06 Now Widened to 64m (210ft) at 0.57 g/t Gold, Extending Zone 136m North
TMX Newsfile·2026-03-17 11:20

Core Insights - Legacy Gold Mines Ltd. has reported final assays from the 2025 surface exploration program on the Baner Gold Mine Property, indicating an expansion of gold mineralization in previously reported holes [1][2] - The drilling results have shown thicker zones of gold mineralization than expected, with significant intersections reported [2][3] Exploration Results - The drilling program has returned notable gold intersections, including 0.55 g/t Au over 187.5m (615ft), 0.52 g/t Au over 108.2m (355ft), and 0.57 g/t Au over 64.0m (210ft) [2][3] - The deposit remains open in all directions, with plans for further drilling in 2026 to build on these results [2][3] Exploration Target - The initial exploration target for the Property is estimated at approximately 50.3 million to 55.3 million tonnes, with average grades ranging from 0.72 g/t Au to 0.91 g/t Au [3][6] - This target is conceptual and does not represent a mineral resource estimate, as further exploration is needed to define a mineral resource [3][6] Drilling and Sampling Details - A total of 46 drill holes were completed, totaling 10,459m drilled over 2.3 kilometers of strike [7][8] - The gold grade range of the exploration target was calculated from 114 intersections above a 0.2 g/t cut-off, with a minimum width of 5m used [8][9] Metallurgical Testing - Initial metallurgical cyanide leach testing yielded recoveries between 87.1% and 93.2% [10] Future Plans - The Company intends to conduct additional drilling and technical studies to evaluate the potential for a future mineral resource estimate [11]

Legacy Gold's Final Assays from Baner Drilling Extend Hole #04 to 187.5m (615ft) at 0.55 g/t Gold; Step Out Hole #06 Now Widened to 64m (210ft) at 0.57 g/t Gold, Extending Zone 136m North - Reportify