Banyan Gold Corp. . is pleased to announce the appointment of Hayley Halsall-Whitney as a new member of the Board of Directors of the Company and the appointment of existing Board member, Marc Blythe, to the vacant role of non-executive Chair of the Board. "On behalf of the Board of Directors, I welcome Ms. Halsall-Whitney to the team as we move towards economic studies on AurMac, Hayley's experience and knowledge in [...]
Banyan Gold Corp. is pleased to provide an update on the 2024 exploration program at it's AurMac Project , located in the Mayo Mining District, Yukon. "With the completion of our recent financing, Banyan has $18 million in our treasury and we are on track for our 2024 and 2025 exploration and development programs. Expanded plans include 20,000 metres of drilling, metallurgy, scoping studies and baseline environmental [...]
Not for distribution to United States newswire services or for dissemination in the United States Banyan Gold Corp. further to its press release dated June 20, 2024 announcing the closing of the first tranche of its previously announced financing in which the Company raised an aggregate of $14,001,300.00, the Company is pleased to announce it has closed a second and final tranche of the financing, pursuant to which it has [...]
Banyan Gold Corp. is pleased to announce that further to its press release dated June 12, 2024, it has closed its previously announced brokered private placement whereby the Company has issued 23,150,000 common shares , which qualify as "flow-through shares" of the Income Tax Act , at a price of $0.38 per LIFE FT Share, for gross proceeds of $8,797,000.00; 14,720,000 common shares , which qualify as "flow-through shares [...]
Banyan Gold Corp. announces today that it has entered into an agreement with Cormark Securities Inc., on behalf of itself and on behalf of a syndicate to be agreed , pursuant to which Cormark has agreed to act as lead agent for and on behalf of Banyan Gold Corp. to sell, on a "best efforts" private placement basis: up to 23,150,000 common shares , which will qualify as "flow-through shares" of the Tax Act , at a price of [...]
Banyan Gold Corp. is pleased to announce the commencement of the 2024 exploration program at it's AurMac Project , located in the Mayo Mining District, Yukon, and the addition of Henry Marsden as a Technical Advisor. " Drilling underway is focused on demonstrating the economic potential of the project and, in part, the Resource's potential to grow in grade and scale - with all deposits open. Drilling is guided by our [...]
Banyan Gold Corp. is pleased to announce the 2024 exploration and technical program at its AurMac Project located in the Mayo Mining district , approximately 40 kilometres northeast from the village of Mayo, Yukon and 356 km north of Whitehorse, Yukon. Additionally, Banyan has also commenced further metallurgical work, engineering and environmental baseline programs to advance the Project to support future [...]
Banyan Gold Corp. announces the filing of the Technical Report to support the Updated Mineral Resource Estimate in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards incorporated by reference in National Instrument 43-101 for the AurMac Project. The AurMac Project is located in the Mayo Mining district, approximately 40 kilometres northeast from the village of [...]
Banyan Gold Corp. is pleased to announce an updated Mineral Resource Estimate prepared in accordance with National Instrument 43-101, Standards for Disclosure for Mineral Projects for the AurMac Project, Yukon Territory. The updated MRE comprises an Inferred Mineral Resource of 7.0 million ounces of gold Definition Standards for Mineral Resources & Mineral Reserves incorporated by reference into NI [...]
Banyan Gold Corp. is pleased to announce positive results from the Phase 1 metallurgical test program conducted on the Company's AurMac Project in the Yukon Territory. Phase 1 metallurgical testing focused on the AurMac Project's Powerline Deposit as Powerline hosts the majority of the Project's 6.2 million ounce gold inferred Mineral Resource Estimate . Results from the metallurgical test program demonstrate robust [...]
Banyan Gold Corp. is pleased to announce analytical results from the remaining drillholes of the 2023 drill program which consisted of 24,700 metres of diamond drilling from 107 holes on the Company's AurMac Project , Yukon Territory. Assay highlights from these results include: AX-23-449: 41.3 m of 0.51 g/t gold from 118.6 m AX-23-454: 25.6 m of 0.82 g/t gold from 21.6 m AX-23-465: 54.3 m of 0.56 g/t gold from 33.5 m [...]
Banyan Gold Corp. is pleased to announce that it has completed the 75% earn in on the McQuesten Property, comprised of 73 claims, which contains the Airstrip Deposit and part of the Powerline Deposit of the AurMac Project . Banyan has completed all the exploration expenditure requirements to earn 100%. Furthermore, the Company owns 51% of the Aurex Property , which contains the majority of the Powerline Deposit and the [...]
