# Legacy Gold Starts RC Drilling at the Baner Gold Mine Property and is on Target to Complete Its 40,000 Foot 2026 Program; MT GEO Survey Flown Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/legacy-gold-starts-rc-drilling-at-the-baner-gold-mine-property-and-is-on-target--086596db-44ed-42c8-bf31-639874160f5c Original source: https://money.tmx.com/en/quote/LEGY/news/8491157398959087/legacy-gold-starts-rc-drilling-at-the-baner-gold-mine-property-and-is-on-target- Publisher: tmx Original announcement: 2026-07-09T11:20:00.000Z 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, USA - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Other - Extracted: 2026-09-18 06:32:50 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Legacy Gold has commenced the reverse circulation \(RC\) phase of its 2026 exploration program at the Baner Gold Mine Property in Idaho. The company also reported successful results from a recently completed magnetotellurics \(MT\) geophysical survey that has delineated new conductive target areas. Reasoning: The release announces the start of a major drilling phase and positive geophysical results, though it relies on historical 2025 data for grade context. - Positive factor: Commencement of RC drilling phase of 2026 program - Positive factor: MT geophysical survey confirms and expands known targets - Positive factor: Large gold-in-soil anomalies in NW zone - Positive factor: High-grade 2025 historical intercepts support continuity - Negative factor: No new assay results provided in this specific release Facts used in scoring: 4 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The program targets new exploration targets to the Northwest and the Northeast Zone to expand the footprint. Evidence · text > targeting both the Main and Northeast Zones, as well as new exploration targets to the Northwest **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: The release names a Qualified Person \(Mike Sutton, P.Geo.\) who reviewed and approved the technical disclosure. Evidence · text > Review by Qualified Person Mr. Mike Sutton, P.Geo., Director and VP of Exploration of the Company, is the Qualified Person ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/legacy-gold-starts-rc-drilling-at-the-baner-gold-mine-property-and-is-on-target--086596db-44ed-42c8-bf31-639874160f5c#fact-drill-facts-0) Baner Gold Mine · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Baner Gold Mine - Commodity: gold - Region: usa\_id - Reported Region: usa\_id - Ticker: LEGY #### Geometry - Grade: 0.55 - Grade Unit: g/t - Intercept: 187.5 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-03-17T00:00:00.000Z #### Dates - Event date: 2026-07-09T00:00:00.000Z Reasoning: Historical 2025 intercept reported for context. - Positive factor: Very wide intercept Evidence · text > 0.55 g/t Au over 187.5m \(615ft\) in the middle #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "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" ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/legacy-gold-starts-rc-drilling-at-the-baner-gold-mine-property-and-is-on-target--086596db-44ed-42c8-bf31-639874160f5c#fact-drill-facts-1) Baner Gold Mine · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Baner Gold Mine - Commodity: gold - Region: usa\_id - Reported Region: usa\_id - Ticker: LEGY #### Geometry - Grade: 0.52 - Grade Unit: g/t - Intercept: 108.2 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-03-17T00:00:00.000Z #### Dates - Event date: 2026-07-09T00:00:00.000Z Reasoning: Historical 2025 intercept reported for context. - Positive factor: Wide intercept Evidence · text > 0.52 g/t Au over 108.2m \(355ft\) in the south #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "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" ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/legacy-gold-starts-rc-drilling-at-the-baner-gold-mine-property-and-is-on-target--086596db-44ed-42c8-bf31-639874160f5c#fact-drill-facts-2) Baner Gold Mine · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Baner Gold Mine - Commodity: gold - Region: usa\_id - Reported Region: usa\_id - Ticker: LEGY #### Geometry - Grade: 0.57 - Grade Unit: g/t - Intercept: 64 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-03-17T00:00:00.000Z #### Dates - Event date: 2026-07-09T00:00:00.000Z Reasoning: Historical 2025 intercept reported for context. - Positive factor: Wide intercept Evidence · text > 0.57 g/t Au over 64.0m \(210ft\) in the north #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "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" ### \#6 [Link to this fact](https://atlas-extractions.minestarters.com/news/legacy-gold-starts-rc-drilling-at-the-baner-gold-mine-property-and-is-on-target--086596db-44ed-42c8-bf31-639874160f5c#fact-drill-facts-3) Baner Gold Mine · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: \#6 - Project: Baner Gold Mine - Commodity: gold - Region: usa\_id - Reported Region: usa\_id - Ticker: LEGY #### Geometry - Grade: 0.57 - Grade Unit: g/t - Intercept: 64 m #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-01-01T00:00:00.000Z #### Dates - Event date: 2026-07-09T00:00:00.000Z Reasoning: Historical 2025 step-out hole reported for context. - Positive factor: Continuous intersection Evidence · text > step-out hole \#6 drilled in 2025 that returned a continuous intersection of 0.57 g/t Au over 64.0m \(210ft\) #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **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: "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.