Banyan Gold Corp. (TSX.V: BYN)
Announced the analytical results from the first nine diamond drill holes completed in the Company’s 2022 exploration program at the Powerline deposit located on the Company’s AurMac Property, Yukon […]
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| Banyan Gold | TSX.V: BYN |
| Stage | Exploration |
| Metal | Gold |
| Market cap | C$104 m @ 46c |
| Location | Yukon, Canada |
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Banyan Gold Powerline drill core.
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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.
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Assay highlights include:
- 32.1 metres (“m”) of 0.78 g/t Au from surface (13.7 m) in DDH AX-22-205
- 34.8 m of 1.07 g/t Au from surface (7.9 m) in DDH AX-22-206
- 33.9 m of 0.74 g/t Au from 54.2 m in DDH AX-22-207
- 22.5 m of 1.07 g/t Au from 22.5 m in DDH AX-22-208
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Banyan Gold management comments
“These initial results from 2022 diamond drilling on the AurMac Property have continued where 2021 drilling left off, definition of higher-grade zones within the expanding mineralization footprint of on/near surface gold mineralization at the Powerline.”
“To date, over 17,000 m of drilling has been completed and Banyan looks forward to steady results through 2022.”
Tara Christie, President & CEO of Banyan Gold
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To read the full news release, please click HERE
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If you need clarification of any information contained in this note, or have any questions about Banyan Gold, I will be delighted to assist – Please email andrew@city-investors-circle.com
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Disclosure
At the time of writing the author owns shares in Banyan Gold, bought in the market at the prevailing price on the day of purchase.
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