Mr. Brian Hinchcliffe reports
LEGACY GOLD COMPLETES 16 HOLE DRILL PROGRAM ON ITS BANER GOLD MINE PROPERTY IN CENTRAL IDAHO
Legacy Gold Mines Ltd. has completed the planned drilling and exploration programs on the Baner gold mine property in Idaho pursuant to a three-year option on the property it has with Champion Electric Metals Inc. Legacy commenced this surface drilling program in third quarter, focused mainly on previously drilled areas within the Main zone, located in the centre of the property package (see the press release dated Oct. 1, 2025). The company has completed approximately 9,000 feet of drilling (approximately 2,743 metres) in 16 holes, with assays pending.
The Baner gold mine property sits within the historic Orogrande gold mining district that has hosted numerous historic gold mines since Idaho's first gold rush in the late 1800s. Legacy's 2025, 16-hole drill program tested for the continuity of high-grade and wide low-grade zones of gold mineralization in a flatter dip interpretation along sections of the Orogrande shear structure within the Main zone.
"Completing the roughly 9,000 feet of drilling across the targets in the Main zone of the property provides valuable information and allows us to further study the regional potential our team sees in the Orogrande gold mining district," said Brian Hinchcliffe. "As we await assay results for these holes, our team will now be able to turn their focus to evaluating the other projects and properties that have been presented to us in Canada and the United States."
This drill program primarily targeted the Main zone in areas with results produced from previous drilling by Champion Electric that included 20.8 grams per tonne gold over 12.0 metres and 8.7 g/t Au over 6.3 m, along with 27 intersections that are greater than 10.0 m and that average 18.6 m (at 1.16 g/t Au) in the 21 drill holes in the Main zone and NW zone (see the technical report, defined below). Legacy's 2025 drilling has followed up on that previous drilling, but assumes that greater potential width to the mineralized zones can be captured by angling the drill hole direction differently. Hence, the main goals of the drill program are to prove the flatter interpreted dip, extend the strike length and expand zones of mineralization within the Main zone.
Review by qualified person
Mike Sutton, PGeo, director and vice-president of exploration of the company, is the qualified person as defined under National Instrument 43-101 (Standards of Disclosure for Mineral Projects), who reviewed and approved scientific and technical disclosure in this press release. The qualified person has not reviewed the mineral tenure, nor independently verified the legal status and ownership of the Baner gold mine property or any underlying property agreements.
About Legacy Gold Mines Ltd.
The company is a Canadian-based gold exploration and development company that is listed on the TSX Venture Exchange under the symbol LEGY. The company holds an option to acquire a 100-per-cent undivided interest in and to the mineral claims comprising the Baner gold property located in Idaho county, Idaho, United States.
Additional information about the company and the Baner gold property is available on SEDAR+ under the company's profile, including a technical report titled "NI 43-101 Technical Report on the Baner Project, Idaho County, Idaho, USA," dated effective Aug. 1, 2024, prepared by Steven A. Osterberg, PhD, PG.
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