Announcement Date: 2022-11-07
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. 84.4m at 1.13g/t Au from 22.8m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: VANCOUVER, BC, November 7, 2022 – Banyan Gold Corp. (the “Company” or “Banyan”) (TSXV: BYN) (OTCQB: BYAGF) is pleased to announce the analytical results from thirty-six (36) diamond drill holes completed during the Company’s 2022 exploration program at the Powerline and Aurex Hill deposits located on the Company’s AurMac Property, Yukon Territory. Assay highlights from this most recent batch of assays received include Results from this set of thirty-six (36) 2022 drill holes are consistent with previous exploration drill results at the Powerline and Aurex Hill Deposits (see Tables 1, Figure 1, and Figure 2) and the areal extent of interpreted gold mineralization from near/on-surface continues to be confirmed and expanded with each batch of assay results received. The Powerline and Aurex Hill gold deposits are contained within a metasedimentary package consisting of predominately schists, quartzites and limestones of the Late Proterozoic to Cambrian Hyland Group. Gold mineralization here is chiefly associated with low angle quartzsulfosalt-arsenopyrite veins seen crosscutting all
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