Legacy Gold Intersects 1.44 g/t Gold over 80ft (24.4m) Starting 7ft (2.1m) Vertically Below Surface, Incl. 15.8 g/t over 5ft (1.5m), in First 2026 RC Hole, Extending Main Zone 220m (720ft) North at Baner, Idaho
Original announcement by tmx on
- Company
- Legacy Gold Mines Ltd.
- Ticker
- LEGY
- Exchange
- TSX
- Region
- Idaho
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results, Other
- Extracted
- 2026-09-18 06:31:07 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Legacy Gold reported high-grade gold results from its first 2026 RC hole (LG26-005) at the Baner Property in Idaho. The hole extended the Main Zone 220m north, featuring a notable 15.8 g/t Au over 1.5m intercept and wide near-surface mineralization.
Reasoning: The first 2026 RC hole successfully extended the Main Zone 220m north with high-grade, wide near-surface intercepts, demonstrating significant exploration success.
Positive factors
- Significant grade extension (220m north)
- Near-surface mineralization
- High-grade intercept (15.8 g/t Au)
- Wide mineralization (24.4m)
Negative factors
- RC drilling completed early due to budget/equipment constraints
Facts used in scoring: 5
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Mineralization extended 220m north of the nearest previous drill intersection.
Evidence · text
“LG26-005 extended Main Zone gold mineralization 220m (720ft) north of the nearest previous drill intersection”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 15.8 g/t Au over 1.5m is exceptionally high grade for this deposit type.
Evidence · text
“including 15.8 g/t Au over 1.5 m (5 ft)”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release discloses use of blanks, standards, and duplicates, and names an accredited lab (ISO 17025).
Evidence · text
“The Company's QA/QC program includes the regular insertion of blanks and standards into the sample shipments. Duplicates were prepared on-site”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: True widths are explicitly stated as unknown in the notes.
Evidence · text
“True widths are unknown until zone dips are proven.”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Drill Results (5)
LG26-005Baner Gold Mine · goldGrade: 0.86Grade Unit: g/tIntercept: 45.7 mView all detailsHide details
Identity
- Hole ID
- LG26-005
- Project
- Baner Gold Mine
- Commodity
- gold
- Region
- usa_id
- Reported Region
- usa_id
- Ticker
- LEGY
Geometry
- Grade
- 0.86
- Grade Unit
- g/t
- Intercept
- 45.7 m
- From
- 13.7 m
- To
- 59.4 m
- Hole Depth
- 224 m
- Intercept Depth
- 13.7 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- LG26-005:13.7-59.4
- Mining Method
- open_pit
Location
- Location
- Main Zone
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Skyline Assayers & Laboratories
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t
- Dilution Disclosed
- Yes
- Max Dilution
- 10 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: Solid wide intercept near surface.
Positive factors
- Wide intercept
- Near-surface
Evidence · table
“0.86”
Context: 45.7
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "It is limited to 1,000m for the Main Zone (plus 500m at Baner Mine trend), and 370m for the NW Zone within 1,370m of the"
LG26-005Baner Gold Mine · goldGrade: 1.44Grade Unit: g/tIntercept: 24.4 mView all detailsHide details
Identity
- Hole ID
- LG26-005
- Project
- Baner Gold Mine
- Commodity
- gold
- Region
- usa_id
- Reported Region
- usa_id
- Ticker
- LEGY
Geometry
- Grade
- 1.44
- Grade Unit
- g/t
- Intercept
- 24.4 m
- From
- 13.7 m
- To
- 38.1 m
- Hole Depth
- 224 m
- Intercept Depth
- 13.7 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- LG26-005:13.7-38.1
- Mining Method
- open_pit
Location
- Location
- Main Zone
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Skyline Assayers & Laboratories
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t
- Dilution Disclosed
- Yes
- Max Dilution
- 10 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: Significant wide intercept.
Positive factors
- Wide high-grade interval
Evidence · table
“1.44”
Context: 24.4
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "It is limited to 1,000m for the Main Zone (plus 500m at Baner Mine trend), and 370m for the NW Zone within 1,370m of the"
LG26-005Baner Gold Mine · goldGrade: 15.76Grade Unit: g/tIntercept: 1.6 mView all detailsHide details
Identity
- Hole ID
- LG26-005
- Project
- Baner Gold Mine
- Commodity
- gold
- Region
- usa_id
- Reported Region
- usa_id
- Ticker
- LEGY
Geometry
- Grade
- 15.76
- Grade Unit
- g/t
- Intercept
- 1.6 m
- From
- 33.5 m
- To
- 35.1 m
- Hole Depth
- 224 m
- Intercept Depth
- 13.7 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- LG26-005:33.5-35.1
- Mining Method
- open_pit
Location
- Location
- Main Zone
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Skyline Assayers & Laboratories
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t
- Dilution Disclosed
- Yes
- Max Dilution
- 10 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: Very high grade intercept.
Positive factors
- Bonanza grade
Evidence · table
“15.76”
Context: 1.6
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "It is limited to 1,000m for the Main Zone (plus 500m at Baner Mine trend), and 370m for the NW Zone within 1,370m of the"
LG26-005Baner Gold Mine · goldGrade: 0.25Grade Unit: g/tIntercept: 15.2 mView all detailsHide details
Identity
- Hole ID
- LG26-005
- Project
- Baner Gold Mine
- Commodity
- gold
- Region
- usa_id
- Reported Region
- usa_id
- Ticker
- LEGY
Geometry
- Grade
- 0.25
- Grade Unit
- g/t
- Intercept
- 15.2 m
- From
- 44.2 m
- To
- 59.4 m
- Hole Depth
- 224 m
- Intercept Depth
- 13.7 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- LG26-005:44.2-59.4
- Mining Method
- open_pit
Location
- Location
- Main Zone
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Skyline Assayers & Laboratories
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t
- Dilution Disclosed
- Yes
- Max Dilution
- 10 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: Low grade intercept.
Evidence · table
“0.25”
Context: 15.2
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "It is limited to 1,000m for the Main Zone (plus 500m at Baner Mine trend), and 370m for the NW Zone within 1,370m of the"
LG26-005Baner Gold Mine · goldGrade: 0.42Grade Unit: g/tIntercept: 18.3 mView all detailsHide details
Identity
- Hole ID
- LG26-005
- Project
- Baner Gold Mine
- Commodity
- gold
- Region
- usa_id
- Reported Region
- usa_id
- Ticker
- LEGY
Geometry
- Grade
- 0.42
- Grade Unit
- g/t
- Intercept
- 18.3 m
- From
- 80.8 m
- To
- 99.1 m
- Hole Depth
- 224 m
- Intercept Depth
- 13.7 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- LG26-005:80.8-99.1
- Mining Method
- open_pit
Location
- Location
- Main Zone
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- Skyline Assayers & Laboratories
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Cutoff Grade
- 0.2
- Cutoff Unit
- g/t
- Dilution Disclosed
- Yes
- Max Dilution
- 10 m
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-05T00:00:00.000Z
Reasoning: Moderate grade intercept.
Evidence · table
“0.42”
Context: 18.3
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Compositing Transparentpositive
Cut-off grade and internal dilution rules are clearly stated for reported intervals.
Why it applies: cutoff_grade and internal dilution are both stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "It is limited to 1,000m for the Main Zone (plus 500m at Baner Mine trend), and 370m for the NW Zone within 1,370m of the"
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.