Legacy Gold Mines Ltd. reported assay results from drill hole LG26-004, the third core hole from Phase 1 of its 2026 drill program at the Baner property in Idaho County, Idaho, returning 1.14 g/t gold over 13.5m from surface, including 3.45 g/t gold over 1.5m.

The core hole returned six significant intersections, including 2.4 g/t gold over 8.2m from 74.5m downhole—which included 6.6 g/t gold over 2.3m—along with 0.63 g/t gold over 20.1m from 114m downhole, featuring a 0.5m interval grading 10.5 g/t gold. LG26-004 extended Main Zone mineralization 170m west of the nearest prior drill intersection and 200m uphill from 2025 drilling.

"LG26-004 is the most important hole we have drilled at Baner because it delivers what we hoped to see from the uphill drilling," said Mike Sutton, Legacy Gold's Director and Vice President, Exploration. "The results validate our interpretation of the Main Zone as the basis for our 2026 drilling program, giving us even greater confidence that we will reach our significant Exploration Target. LG26-004 also reinforces what we continue to see across Baner-gold mineralization extending across the hillsides almost everywhere we have drilled, including at or near surface, with higher grades continuing to show up throughout."

The results compare with prior 2025 drilling at the Main Zone that intersected wide intervals such as 0.55 g/t gold over 187.5m. The company holds an option to acquire a 100% undivided interest in the Baner property. To fund ongoing exploration and development, Legacy Gold completed a C$10.0 million non-brokered private placement in April 2026.

Phase 2 reverse circulation drilling, planned to comprise up to 43 holes and continue through the fall, was recently interrupted by a mechanical issue requiring an engine replacement. The replacement engine is expected to be delivered and installed during the week of August 11, 2026, with drilling to resume promptly following installation.

Gold is trading at US$4,390.50 per ounce, up 6.58% over the 30-day period ended August 11, 2026.

Read the full announcement: Legacy Gold Intersects 1.14 g/t Gold over 44.3ft (13.5m) from Surface, and Then 2.4 g/t over 26.9ft (8.2m), Incl. 6.6 g/t over 7.5ft (2.3m); Main Zone Extended 558ft (170m) West at Baner, Idaho