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An announcement from Legacy Gold Mines Ltd ( (TSE:LEGY) ) is now available.
Legacy Gold Mines reported new assay results from the final four reverse circulation drill holes of its 2025 surface exploration program at the Baner Gold Mine Property in Idaho, highlighting both wide zones of mineralization and high-grade intercepts. The program, which achieved its stated objectives, has extended the known gold zones to the west and north, confirmed continuity of high-grade shoots through twin and step-out holes, and demonstrated that the deposit remains open in multiple directions, supporting further expansion drilling in 2026 and potentially strengthening the company’s resource potential and exploration profile.
Key highlights included intersections such as 1.2 g/t gold over 39.6 metres including 6.7 g/t over 4.6 metres in hole LG25-010, 0.66 g/t over 12.2 metres in LG25-006, and multiple high-grade samples above 10 g/t gold in several 2025 holes. Updated infill assays also expanded previously reported widths, including 0.50 g/t gold over 108.2 metres in LG25-002 that ended in mineralization at depth, underscoring the scale of the mineralized system and providing further evidence for the company’s revised geological interpretation and the potential for a larger gold deposit at Baner.
More about Legacy Gold Mines Ltd
Legacy Gold Mines Ltd. is a Canadian mineral exploration company focused on gold, with key activities centered on the Baner Gold Mine Property in Idaho’s historic Orogrande mining district. Through an option agreement on the Baner property, the company is advancing drilling programs aimed at defining and expanding near-surface and high-grade gold mineralization in a prospective U.S. gold camp.
Average Trading Volume: 13,677
Technical Sentiment Signal: Sell
Current Market Cap: C$7.41M
Learn more about LEGY stock on TipRanks’ Stock Analysis page.