# Legacy Gold Adds Second Drill to 2026 40,000-Foot Drill Program at Baner Gold Mine Property; Next Met Tests Agreed with RDI; MT Geophysical Survey to Be Flown in June

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/legacy-gold-adds-second-drill-to-2026-40-000-foot-drill-program-at-baner-gold-mi--b4f94e1e-f635-46a0-8241-5fa14a4791b4

Original source: https://money.tmx.com/en/quote/LEGY/news/4563364628764754/legacy-gold-adds-second-drill-to-2026-40-000-foot-drill-program-at-baner-gold-mi

Publisher: tmx

Original announcement: 2026-06-03T16:00:00.000Z

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, Metallurgy, Other

- Extracted: 2026-08-25 18:34:25 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Legacy Gold has expanded its 2026 drill program at the Baner Gold Mine Property to 40,000 feet, utilizing both diamond core and RC drilling. The company has also contracted metallurgical studies and an airborne geophysical survey to advance production conceptualization and targeting.

Reasoning: The company is aggressively advancing its exploration program with increased drilling, new geophysical surveys, and metallurgical testing, though the current resource status remains conceptual.

- Positive factor: Expansion of drill program to 40,000 feet

- Positive factor: New metallurgical studies contracted

- Positive factor: Geophysical survey planned to identify sulphides

- Positive factor: Exploration target established

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

Facts used in scoring: 4

## 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: The release mentions a Qualified Person \(Mr. Mike Sutton, P.Geo.\) reviewing and approving the technical disclosure.

Evidence · text

> Review by Qualified Person Mr. Mike Sutton, P.Geo.

## 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-staging.minestarters.com/news/legacy-gold-adds-second-drill-to-2026-40-000-foot-drill-program-at-baner-gold-mi--b4f94e1e-f635-46a0-8241-5fa14a4791b4#fact-drill-facts-0)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: LEGY

#### Geometry

- Grade: 0.55
- Grade Unit: g/t
- Intercept: 187.5 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-17T00:00:00.000Z

#### Dates

- Event date: 2026-06-03T00:00:00.000Z

Reasoning: Historical intercept from March 2026 release showing significant width.

- Positive factor: Very wide zone

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/legacy-gold-adds-second-drill-to-2026-40-000-foot-drill-program-at-baner-gold-mi--b4f94e1e-f635-46a0-8241-5fa14a4791b4#fact-drill-facts-1)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: LEGY

#### Geometry

- Grade: 0.52
- Grade Unit: g/t
- Intercept: 108.2 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-03-17T00:00:00.000Z

#### Dates

- Event date: 2026-06-03T00:00:00.000Z

Reasoning: Historical intercept from March 2026 release.

- Positive factor: Wide zone

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/legacy-gold-adds-second-drill-to-2026-40-000-foot-drill-program-at-baner-gold-mi--b4f94e1e-f635-46a0-8241-5fa14a4791b4#fact-drill-facts-2)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: LEGY

#### Geometry

- Grade: 0.57
- Grade Unit: g/t
- Intercept: 64 m

#### 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: 2026-06-03T00:00:00.000Z

Reasoning: Historical step-out hole \#6 result from 2025.

- Positive factor: Continuous intersection

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/legacy-gold-adds-second-drill-to-2026-40-000-foot-drill-program-at-baner-gold-mi--b4f94e1e-f635-46a0-8241-5fa14a4791b4#fact-drill-facts-3)

gold

#### Identity

- Commodity: gold
- Ticker: LEGY

#### Review

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

#### Dates

- Event date: 2026-06-03T00:00:00.000Z

Reasoning: Initial cyanide leach results show strong recovery potential.

- Positive factor: Strong recovery range

## 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.