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Legacy Gold Outlines 2026 Drill Program to Advance Initial Exploration Target at Baner; Provides Permitting Update; to Attend PDAC 2026
Calgary, Alberta--(Newsfile Corp. - February 26, 2026) - Legacy Gold Mines Ltd. (TSXV: LEGY) (t...
About this update from Legacy Gold Mines Ltd
[{"type":"text","content":"Legacy Gold Outlines 2026 Drill Program to Advance Initial Exploration Target at Baner; Provides Permitting Update; to Attend PDAC 2026Calgary, Alberta--(Newsfile Corp. - February 26, 2026) - Legacy Gold Mines Ltd. (TSXV: LEGY) (the \"Company\" or \"Legacy Gold\") has laid out its 2026 surface exploration drill program of roughly 20,000 feet on the Baner Gold Mine Property (the \"Baner\" or \"Property\"), in Idaho County, Idaho, USA, which is optioned by the Company. The drilling in 2026 will follow up on the successful 2025 results that were returned from targeting the previously drilled Main Zone on the Property and will include new targets indicated by large gold in soil anomalies co-incident with geophysical conductors and similar magnetic highs as the Main Zone. Drilling will also be undertaken in the NE Zone, and in the Baner Zone that runs east-west. Three of the four main drilled areas have intersected very wide lower-grade intersections such as 0.59 g/t Au over 71.6m (235ft) in hole LG25-004; 0.50 g/t Au over 108.2m (355ft) in hole LG25-002; and 0.32 g/t Au over 88.4m (290ft) in hole LG25-005 (see the Company's Oct. 10, 2025, Nov. 17, 2025, Feb. 10, 2026 and Feb. 16, 2026 press releases). The total width of mineralization in holes to date include 71.6m (235ft) in hole LG25-001, plus 123m (405ft) in hole LG25-002, plus 75m (245ft) in hole LG25-003, plus 145m (475ft) in hole LG25-004 and 117m (385ft) in hole LG25-005. Importantly, the waste to mineralization appears to be far less than 1:1 (e.g. 0.26:1 in hole LG25-005).\"Amongst other program goals, drilling up-dip (up-hill) this year from previous drilling will allow for a better understanding of Baner's potential scale of gold mineralization and we look forward to sharing this with shareholders at next week's PDAC,\" said Brian Hinchcliffe, Legacy Gold's Chairman and CEO. \"Drilling contractors are being lined up for both the RC and core drilling, with commencement targeted for Q2 2026, subject to receipt of required permits.\" Results from the recent 2025 drilling and previous drilling and exploration have supported an initial exploration target at Baner of approximately 50.3 million to 55.3 million tonnes, at average grades ranging from approximately 0.72 g/t Au to 0.91 g/t Au (the \"Exploration Target\"). The potential quantity and grades of the Exploration Target i...