Announcement Date: 2022-05-10
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. 185.2m @ 0.55g/t Au from 7.9m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: VANCOUVER, BC, May 10, 2022 – Banyan Gold Corp. (the “Company” or “Banyan”) (TSXV: BYN) (OTCQB: BYAGF) is pleased to announce the analytical results from the first nine (9) diamond drill holes completed in the Company’s 2022 exploration program at the Powerline deposit (the “Powerline Deposit”) located on the Company’s AurMac Property. Results from these first nine (9) 2022 drill holes are consistent with previous exploration drill results at the Powerline Deposit (see Tables 1 and Figure 1) and the areal extent of interpreted gold mineralization from near/on-surface continues to expand with each batch of assay results received (see Figure 1). Visible gold intersected within these drill holes is shown in Image 1 and additional information is located on our website. Banyan initiated its 2022 exploration program on January 26, 2022, and currently has three drills operating on the property. Seventy-Five (75) drill holes and over 17,000 metres (“m”) of drilling has been completed to date which together have expanded the mineralization around the Powerline Zone by over 600 m to the east and 1,000 m west from 2021 drilling. The 2022 program will include approximately 80%
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