Legacy Gold Mines Ltd.: Legacy Gold Completes 16 Hole Drill Program on Its Baner Gold Mine Property in Central Idaho
Calgary, Alberta — October 9, 2025: Legacy Gold Mines Ltd. (TSXV: LEGY) has completed its planned surface drilling and exploration programs at the Baner Gold Mine Property in central Idaho, conducted under a three-year option agreement with Champion Electric Metals Inc. The Q3 campaign totaled approximately 9,000 feet (about 2,743 metres) across 16 drill holes focused on the Main Zone. Assay results are pending.
The Baner Gold Mine Property is situated within Idaho’s historic Orogrande Gold Mining District, which has hosted numerous gold mines since the late 1800s. Legacy’s 2025 program tested the continuity of high-grade shoots and wider, lower-grade zones under a flatter-dip interpretation of mineralization along sections of the Orogrande shear structure within the Main Zone.
“Completing roughly 9,000 feet of drilling across the Main Zone targets 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, 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.”
The 2025 campaign followed up on areas previously drilled by Champion Electric, where reported highlights included 20.8 g/t Au over 12.0 metres and 8.7 g/t Au over 6.3 metres, as well as 27 intersections greater than 10.0 metres that averaged 18.6 metres at 1.16 g/t Au across 21 drill holes in the Main Zone and NW Zone. Legacy’s holes were designed to test whether angling drill holes differently could better capture the potential width of mineralized zones under a flatter-dip model. Program objectives included confirming the interpreted dip, extending strike length, and expanding mineralized zones within the Main Zone.
Technical review and Qualified Person
Mr. Mike Sutton, P.Geo., Director and VP of Exploration of Legacy Gold Mines Ltd., is the Qualified Person as defined by National Instrument 43-101 who has reviewed and approved the scientific and technical information contained herein. 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 agreements.
About Legacy Gold Mines Ltd.
Legacy Gold Mines Ltd. is a Canadian-based gold exploration and development company listed on the TSX Venture Exchange under the symbol “LEGY.” The Company holds an option to acquire a 100% undivided interest in the mineral claims comprising the Baner Gold Property in Idaho County, Idaho, USA.
Additional information about the project is provided in a technical report titled “NI 43-101 Technical Report on the Baner Project, Idaho County, Idaho, USA,” effective August 1, 2024, prepared by Steven A. Osterberg, Ph.D., P.G.
Cautionary statement regarding forward-looking information
This news release includes forward-looking statements under applicable Canadian securities laws. Forward-looking statements relate to, among other things, the timing and completion of exploration and drilling programs at the Baner Gold Mine Property; estimates and interpretations of mineralization from drilling, sampling, and geophysical surveys; potential quantities and grades of target zones; and the Company’s plans, intentions, beliefs, and expectations. Forward-looking statements are not historical facts and are often identified by words such as “may,” “expect,” “estimate,” “anticipate,” “intend,” “believe,” “continue,” and similar terms.
These statements are based on assumptions and involve known and unknown risks and uncertainties that may cause actual results to differ materially. Such risks include general economic conditions, access to capital, operational risks inherent in mineral exploration, regulatory and permitting risks, commodity price volatility, and other factors discussed in the Company’s public disclosure. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are made as of the date of this release, and the Company undertakes no obligation to update them except as required by law.
Neither the TSX Venture Exchange nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this release.
