# Legacy Gold Outlines 2026 Drill Program to Advance Initial Exploration Target at Baner; Provides Permitting Update; to Attend PDAC 2026

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/legacy-gold-outlines-2026-drill-program-to-advance-initial-exploration-target-at--e3eb8425-066b-4c53-a46d-1433a0d62d48

Original source: https://money.tmx.com/en/quote/LEGY/news/7672659868008527/legacy-gold-outlines-2026-drill-program-to-advance-initial-exploration-target-at

Publisher: tmx

Original announcement: 2026-02-26T12:20:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Legacy Gold Mines Ltd.

- Ticker: LEGY

- Exchange: TSX

- Region: Idaho County, Idaho

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results, Permitting

- Extracted: 2026-09-18 06:53:06 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Legacy Gold has announced its 2026 exploration drill program for the Baner Gold Mine Property in Idaho, targeting approximately 20,000 feet of drilling across several zones. The company also reported a permitting milestone with the USFS deeming its Plan of Operations application complete. An initial conceptual exploration target of 50.3–55.3 million tonnes at 0.72–0.91 g/t Au was outlined.

Reasoning: The release outlines a structured exploration path with positive permitting progress and high-grade continuity, though it remains in the early exploration stage with no formal resource.

- Positive factor: Announcement of a clear 2026 drill program

- Positive factor: Permitting milestone with USFS application deemed complete

- Positive factor: Strong historical wide-intercept continuity

- Positive factor: High-grade up-dip intercept \(5.26 g/t Au\) supports expansion potential

- Negative factor: Exploration target is conceptual and not a formal NI 43-101 resource

- Negative factor: Drilling commencement is subject to further permitting analysis

Facts used in scoring: 3

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release details blanks, standards, and duplicates insertion protocols and lab accreditation.

Evidence · text

> Quality control samples are included in the numerical sequence with B, S, or D designations for blanks, standards, and duplicates.

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: 2026 program targets up-dip and new zones \(NE, NW, Baner East-West\) to expand known mineralization.

Evidence · text

> Drilling in 2026 will follow up on the successful 2025 results... and will include new targets

**Permitting Milestone**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: USFS has reviewed and deemed the Plan of Operations application complete.

Evidence · text

> received written confirmation from the United States Forest Service \(" USFS "\) that its Plan of Operations application for its 2026 Drill Program at the Property has been reviewed and deemed complete.

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Drill Results (3)

### LG25-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/legacy-gold-outlines-2026-drill-program-to-advance-initial-exploration-target-at--e3eb8425-066b-4c53-a46d-1433a0d62d48#fact-drill-facts-0)

Baner Gold Mine · gold

#### Identity

- Hole ID: LG25-004
- Project: Baner Gold Mine
- Commodity: gold
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: LEGY

#### Geometry

- Grade: 0.59
- Grade Unit: g/t
- Intercept: 71.6 m

#### Classification

- Sample Type: drill

#### Location

- Location: West Zone
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Wide lower-grade intersection reported as part of 2025 results.

- Positive factor: Wide intercept

- Negative factor: Lower grade

Evidence · text

> 0.59 g/t Au over 71.6m \(235ft\) in hole LG25-004

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Basis for Initial Exploration Target This initial Exploration Target is limited to 1,000m for the Main Zone \(plus 500m a"

### LG25-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/legacy-gold-outlines-2026-drill-program-to-advance-initial-exploration-target-at--e3eb8425-066b-4c53-a46d-1433a0d62d48#fact-drill-facts-1)

Baner Gold Mine · gold

#### Identity

- Hole ID: LG25-002
- Project: Baner Gold Mine
- Commodity: gold
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: LEGY

#### Geometry

- Grade: 0.5
- Grade Unit: g/t
- Intercept: 108.2 m

#### Classification

- Sample Type: drill

#### Location

- Location: West Zone
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Wide lower-grade intersection reported as part of 2025 results.

- Positive factor: Very wide intercept

- Negative factor: Lower grade

Evidence · text

> 0.50 g/t Au over 108.2m \(355ft\) in hole LG25-002

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Basis for Initial Exploration Target This initial Exploration Target is limited to 1,000m for the Main Zone \(plus 500m a"

### LG25-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/legacy-gold-outlines-2026-drill-program-to-advance-initial-exploration-target-at--e3eb8425-066b-4c53-a46d-1433a0d62d48#fact-drill-facts-2)

Baner Gold Mine · gold

#### Identity

- Hole ID: LG25-005
- Project: Baner Gold Mine
- Commodity: gold
- Region: usa\_id
- Reported Region: usa\_id
- Ticker: LEGY

#### Geometry

- Grade: 0.32
- Grade Unit: g/t
- Intercept: 88.4 m

#### Classification

- Sample Type: drill

#### Location

- Location: West Zone
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Wide lower-grade intersection reported as part of 2025 results.

- Positive factor: Wide intercept

- Negative factor: Lower grade

Evidence · text

> 0.32 g/t Au over 88.4m \(290ft\) in hole LG25-005

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Basis for Initial Exploration Target This initial Exploration Target is limited to 1,000m for the Main Zone \(plus 500m a"

## 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.
