Banyan Gold Corp. is pleased to release analytical results from the next five 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 . Assay highlights from the latest batch of assays received from the 2021 exploration campaign at the Powerline Deposit include: 84.5 metres of 1.32 g/t Au from surface in [...]
Banyan Gold Corp. announces that it has granted an aggregate of 3,325,000 options to purchase common shares of the Company to certain directors, officers, employees and consultants. The stock options are being issued in connection with Banyan's annual compensation review process and are granted under and are subject to the terms and conditions of the Company's stock option plan. All of the options granted are exercisable [...]
Banyan Gold Corp. is pleased to release assay results from eight diamond drill holes of the Phase 2 exploration campaign at the rapidly developing Powerline Deposit, AurMac Property, Yukon . These results continue to demonstrate that the Powerline Deposit has the potential to host near-surface gold mineralization over at least 1.2 kilometres strike length in the east-west direction; the continuity of this growing trend [...]
Banyan Gold Corp. is pleased to present the complete set of results from the diamond drill exploration campaign on the Aurex Hill zone at the Company's rapidly developing AurMac Property, Yukon . These results demonstrate this zone has the potential to host widespread, consistent and near-surface gold mineralization over meaningful extents. Assay highlights from the 2021 Aurex Hill target include: 13.7 metres of 0.59 g/t [...]
Banyan Gold Corp. is pleased to report that the AurMac drill program has expanded to three drills working onsite with associated increases in drilling production. The Phase II 2021 AurMac exploration program continues to follow up on successful 2021 Phase I drilling at the Project which, since February of this year, has culminated in approximately 25,000 metres and over 120 diamond drill holes completed to date. With [...]
Banyan Gold Corp. is pleased to release assay results from the final fifteen drill holes of the Phase 1 program at the Powerline Deposit, AurMac Property, Yukon. Fifty holes, totalling 10,476 metres , were drilled in a systematic 100 m centered grid completed in July 2021. Banyan is pleased that the results have increased the area of known gold mineralization by more than 650% and demonstrated potential for additional [...]
Banyan Gold Corp. is pleased to announce the results from the next five drill holes which have been received for the Powerline Deposit, AurMac Property, Yukon. Step-out grid-based drilling continues to identify significant intervals of consistent gold mineralization further expanding the mineralization footprint of this impressive and growing on and near-surface gold deposit. Gold mineralization remains open in all [...]
Banyan Gold Corp. is pleased to announce, subject to TSXV approval, it is closing the second and final tranche of the $16 million private placement previously announced on July 19, 2021. With the closing of the private placement, the Company would like to welcome the Franklin Gold and Precious Metals Fund as a 7.1% holder in the Company and the continued support of Osisko Development Corp. and Victoria Gold Corp., the [...]
Banyan Gold Corp. is pleased to announce, subject to TSX-V approval, it is closing the first tranche of $11,928,571 of a total $16 million private placement previously announced on July 19, 2021. The Company intends to use the net proceeds from the Private Placement to advance its mineral exploration and development projects and for general corporate purposes. The 2021-22 Exploration Programs at AurMac are intended to [...]
Banyan Gold Corp. is pleased to announce that it is proposing to complete a fully subscribed non-brokered private placement of up to $16,000,000 in gross proceeds. The proposed Private Placement would consist of 30,357,144 Charity Flow Through Shares priced at $0.38 per share for gross proceeds of $11,535,715; 6,326,530 Flow Through Shares priced at $0.35 per share for gross proceeds of $2,214,286; and 8,035,715 Shares [...]
Banyan Gold Corp. is pleased to announce the assay results from the next six holes drilled at the Powerline Deposit, AurMac Property, Yukon. This set of drill holes targeted areas south, west and north of the Powerline Resource through the systematic 100 metre spaced step-out grid drilling campaign. As with this season's previously released results, this drilling approach has consistently identified significant intervals [...]
Banyan Gold Corp. is pleased to announce assay results from the next five diamond drill holes received from the 2021 exploration program at the AurMac Property, Yukon. These holes continue with the systematic testing of the Powerline deposit on 100 metre centered step-out drilling - and continue to validate the geological model and expand the limits of known near-surface gold mineralization. Assay highlights from this set [...]
