Legacy Gold temporarily suspends Baner drilling for rig winterization
Bitget2026/10/28 15:40Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Legacy Gold announced a non-brokered private placement of up to C$ 3 million on October 28, 2026, supporting Baner drilling.
- The offering comprises up to 4,285,715 common shares at C$ 0.70 each, subject to TSX Venture Exchange approval.
- Drilling at the Idaho property is temporarily suspended while the rig undergoes winterization; drilling is planned to resume.
- Continued drilling will target expansion of the Main Zone and support an initial mineral resource estimate.
- The 2026 program drilled roughly 50 holes totaling 32,000 feet; gold mineralization remains open in all directions.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Legacy Gold Mines Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610281139NEWSFILECNPR____20261028_321432_1) on October 28, 2026, and is solely responsible for the information contained therein.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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