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Legacy Gold Extends Zone 150m (492ft) South and Proves Mineralization in 150m (492ft) Gap in the North at the Baner Gold Mine Property, Idaho

Legacy Gold Mines reported encouraging Phase 1 drilling results at its Baner Gold Mine Property in Idaho, extending mineralization 150m south and filling a 150m gap in the north of the Main Zone. The assays support the company’s interpretation that mineralization is flatter and east-dipping, strengthening the case for its exploration target and possible future resource delineation. Hole LG26-009 returned 2.9 g/t gold and 41.8 g/t silver over 3.6m within a broader mineralized intercept, while LG26-015 returned 1.1 g/t gold over 12.4m and 0.42 g/t gold over 14.5m. The company says drilling remains open in multiple directions and continues across the Main, Northeast, and Northwest zones. While positive for exploration potential and longer-term valuation, the release is still early-stage and highly speculative because no mineral resource has yet been defined.

Category

Gold

Sentiment

Bullish

Event

Milestone

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1 min