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Legacy Gold Reports 1.2 g/t Gold over 80ft (24.4m) and 0.79 g/t Gold over 65ft (19.8m), on New Holes from the 2025 Baner Gold Mine Property Drilling Campaign in Idaho
TMX Newsfile· 2026-02-10 12:30
Core Insights - Legacy Gold Mines Ltd. has reported assay results from three new Reverse Circulation drill holes from its 2025 surface exploration program at the Baner Gold Mine Property in Idaho County, USA, indicating multiple intersections in the northern portion of the Main Zone [1][2][3] Exploration Program Overview - A total of 16 RC drill holes were completed, totaling 2,748 meters (9,068 feet), targeting the Orogrande shear structure, with assays reported from eleven holes showing a large near-surface gold plumbing system [2][5] - The drilling program aimed to test for continuity of high-grade and wide low-grade zones of gold mineralization, reflecting a new interpretation of flatter, east-dipping zones [4][5] Drilling Results - Significant intersections include: - LG25-011: 0.79 g/t Au over 19.8 meters (65 feet), including 1.59 g/t Au over 7.6 meters (25 feet) [8][9] - LG25-012: 1.18 g/t Au over 24.4 meters (80 feet), including 4.64 g/t Au over 3.0 meters (10 feet) [8][9] - LG25-013: 1.1 g/t Au over 9.1 meters (30 feet), including 3.7 g/t Au over 1.5 meters (5 feet) [8][9] Geological Context - The Orogrande Shear Zone, where the property is located, is estimated to be 100-200 meters wide and hosts numerous gold mineralization prospects along Riedel shear structures [12] - The predominant host rock is quartzite, with some biotite gneiss present, and historical mining focused on narrow zones of strong alteration and quartz veins [12] Company Background - Legacy Gold Mines Ltd. is a Canadian-based gold exploration and development company listed on the TSX Venture Exchange under the symbol "LEGY" [18] - The company holds an option to acquire a 100% interest in the mineral claims comprising the Baner Gold Mine Property [18]