TSX Venture: LEGY Legacy GOLD to Commence Diamond Drilling at Baner GOLD MINE Property, Idaho, the Week of May 11
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www.legacygoldmines.com
TSX Venture: LEGY
LEGACY GOLD TO COMMENCE DIAMOND DRILLING AT BANER
GOLD MINE PROPERTY, IDAHO, THE WEEK OF MAY 11
Calgary, Canada April 30, 2026
Legacy Gold Mines Ltd. (TSXV: LEGY) (the “Company” or “Legacy Gold”) is pleased to announce
that Phase 1 of its 2026 drill program, consisting of diamond drilling on the Baner Gold Mine Property
in Idaho County, Idaho, USA (the “Baner Property”), is targeting start-up the week of May 11, 2026.
This 2026 drill program targeting 40,000 feet (12,194 met res) of drillin g, will commence with
approximately 12,000 feet (3,658 metres) of diamond drilling and will be followed with approximately
28,000 feet (8,536 metres) of reverse circulation drilling (“RC”). The 2026 drill program is designed to
follow up on the previously announced, successful 2025 drill results targeting the Main Zone and NE
Zone at the Baner Property, as well as new exploration targets indicated by large gold -in-soil
anomalies coincident with geophysical conductors similar magnetic highs similar to those associated
with the Main Zone.
“The Legacy Gold team has been working diligently with its contractors to mobilize two diamond drills
for a dynamic Phase 1 startup, taking full advantage of seasonal light,” said Brian Hinchcliffe,
Chairman and CEO of Legacy Gold. “We hope to build on the momentum from the $10 million financing
completed in April and move right into our 2026 drill campaign of infill, step-out and exploration drilling
aimed at delineating a maiden mineral resource on the Baner Property in late Q4 2026 or early Q1
2027.”
An RC Drill Contractor has been engaged for the Phase 2 of the 2026 drill program which is expected
to commence during the summer of 2026, after the Phase 1 diamond drill program has been
completed. The RC drill plan includes holes from previously permitted drill pads, some of which were
used during the 2025 drill campaign, and certain new drill pads for which permits are expected during
the first week of May 2026.
The Company intends to conduct additional work and technical studies to evaluate whether sufficient
data may be obtained to compliment a future mineral resource estimate that the Company hopes to
undertake. This may include metallurgical testwork, deportment studies and airborne geophysics (for
follow-up exploration).
Review by Qualified Person
Mr. Mike Sutton, P.Geo., Director and Vice President, Exploration of the Company, is the “qualified
person” as defined under National Instrument 43 -101 - Standards of Disclosure for Mineral Projects ,
who has reviewed and approved the scientific and technical disclosure contained in this press release.
Mr. Sutton has not reviewed the mineral tenure, nor independently verified the legal status or
ownership of the Baner Property or any underlying property agreements.
About Legacy Gold Mines Ltd.
The Company 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 Property located in Idaho County, Idaho,
USA.
The Baner Property sits within the historic Orogrande Gold Mining District that hosts numerous gold
deposits and gold mines along geologic structures that have hosted gold production since Idaho’s first
gold rush in the late 1800s.
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Additional information about the Company and the Baner Property is available on SEDAR+ at
www.sedarplus.ca 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 August 1, 2024, prepared by
Steven A. Osterberg, Ph.D., P.G. (the “Technical Report”).
For further information, please contact:
Legacy Gold Mines Ltd.
Brian Hinchcliffe, Executive Chairman and Chief Executive Officer
Telephone: +1 (587) 327-9815
Email: [email protected]
CAUTIONARY STATEMENT REGARDING FORWARD -LOOKING INFORMATION: This press
release includes certain "forward-looking statements" under applicable Canadian securities legislation.
Forward-looking statements include, but are not limited to, statements regarding the expected
commencement of diamond drilling the week of May 11, 2026, the expected timing of the RC drill
program, the expected receipt of permit approvals, the size, scope, timing and completion of the
Company’s 2026 drill program and other exploration and technical work, the Company’s objective of
obtaining sufficient data to support a potential initial mineral resource estimate, the timing and
completion of any such mineral resource estimate, estimates of mineralization from drilling, sampling
and geophysical surveys, geological information projected from drilling and sampling results and the
potential quantities and grades of the target zones, the potential for minerals and/or mineral resources
and reserves, and statements regarding the plans, intentions, beliefs, and current expectations of the
Baner Property and the Company that may be described herein. Forward-looking statements consist
of statements that are not purely historical, including any statements regarding beliefs, plans,
expectations or intentions regarding the future. Such information can generally be identified by the use
of forward-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and
“continue” or the negative thereof or similar variations. Readers are cautioned not to place undue
reliance on forward -looking statements, as there can be no assurance that the plans, intentions or
expectations upon which they are based will occur.
By their nature, forward-looking statements involve numerous assumptions, known and unknown risks
and uncertainties, both general and specific, that contribute to the possibility that the predictions,
estimates, forecasts, projections and other forward -looking statements will not occur. These
assumptions, risks and uncertainties include, among other things, the state of the economy in general
and capital markets in particular, as well as those risk factors discussed in the Filing Statement of the
Company dated effective September 19, 2024 or referred to in the Company's annual Management's
Discussion and Analysis for the year ended December 31, 2025 available at www.sedarplus.ca, many
of which are beyond the control of the Company. Forward-looking statements contained in this press
release are expressly qualified by this cautionary statement.
The forward-looking statements contained in this press release are made as of the date of this press
release. Except as required by law, the Company disclaims any intention and assumes no obligation
to update or revise any forward -looking statements, wheth er as a result of new information, future
events or otherwise. Additionally, the Company undertakes no obligation to comment on the
expectations of, or statements made by, third parties in respect of the matters discussed above.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.