Banyan Gold Corp. (TSX.V: BYN)
Announced results from twenty-one diamond drill holes completed during the Company’s 2021 exploration program at the Powerline deposit located on the AurMac Property.
The glory hole was 68.9 m of 1.16 g/t Au. […]
|Banyan Gold||TSX.V: BYN|
|Market cap||C$111 m @ 49c|
VANCOUVER, BC, March 30, 2022 – Banyan Gold Corp. (the “Company” or “Banyan“) (TSXV: BYN) (OTCQB: BYAGF) is pleased to announce analytical results from twenty-one (21) diamond drill holes completed during the Company’s 2021 exploration program at the Powerline deposit (the “Powerline Deposit”) located on the Company’s AurMac Property.
Assay highlights include:
- 48.6 metres (“m”) of 0.51 g/t Au from 36.7 m in DDH AX-21-166
- 69.4 m of 0.63 g/t Au from 125.9 m in DDH AX-21-170
- 47.2 m of 0.50 g/t Au from surface (10.7 m) in AX-21-191
- 70.0 m of 0.65 g/t Au from surface (10.7 m) in AX-21-194
- 96.7 m of 0.86 g/t Au from 73.4 m in AX-21-197
- 81.9 m of 0.79 g/t Au from 32.5 m in AX-21-199
- 68.9 m of 1.16 g/t Au from surface (10.7 m) in AX-21-202
Banyan Gold management comments
“These latest assay results from our 2021 drill program continues to show the extensive nature of gold mineralization around the Powerline Deposit on the AurMac Property, and importantly, continues to add to the interpreted geologic controls that will be used to update the AurMac Gold Resource estimations during the second quarter.”
“We are looking forward to the remaining sixteen holes from the 2021 program.”
Tara Christie, President & CEO of Banyan Gold
Image 1: Photographs of visible gold from:
A) AX-21-167: 173.7 m to 175.0 m – 1.17 g/t Au over 1.3 m
B) AX-21-170: 187.5 m to 188.5 m – 0.23 g/t Au over 1.0 m
C) AX-21-187: 96.4 m to 96.7 m – 24.4 g/t Au over 0.4 m
D) AX-21-194: 39.3 m to 39.9 m – 0.60 g/t Au over 0.5 m
Powerline Drill Hole Locations and Drill Plan Map, showing historic, completed, and proposed diamond drill holes.
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