Announcement Date: 2022-01-10
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Banyan Gold Corp.
Project name: Aurex-McQuesten
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 84.5m @ 1.32g/t Au from 0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: VANCOUVER, BC, January 10, 2022 – Banyan Gold Corp. (the “Company” or “Banyan”) (TSXV: BYN) is pleased to release analytical results from the next five (5) additional diamond drill holes received from the 2021 exploration campaign at the rapidly developing Powerline Deposit at the Company’s AurMac Property in the Yukon Territory (see Table 1 and Figures 1 and 2). Assay highlights from the latest batch of assays received from the 2021 exploration campaign at the Powerline Deposit includeResults from the latest five (5) drill holes reported herein are consistent with previous exploration drill campaigns at the Powerline Deposit (see Figures 1 and 2). The areal extent of interpreted gold mineralization from surface continues to expand with every new drill hole; from the initial 250 m by 250 m of the Powerline Resource (see Table 2), to now well over 2 km x 2 km (see Figures 1 and 2). In 2021, Banyan completed 30,091 m of drilling in 135 diamond drill holes, with assay results from 63 drill holes remaining outstanding. Assays are reported as they are received and have not been received in numerical order. Drilling activities continued until mid-December 2021, and thus drill assay results are expected to continue to be received into May 2022.
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