Banyan Gold Corp. (TSX.V: BYN)

Announced analytical results from 21 diamond drill holes drilled during the Company’s 2021 exploration program at the Powerline deposit located on the AurMac Property.

The highlight was 59.5 m of 0.71 g/t Au from Surface (14.8 m)  . […] 

 

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Banyan Gold	TSX.V: BYN
Stage	Exploration
Metal	Gold
Market cap	C$106m @ 43.5c
Location	Yukon, Canada

 

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VANCOUVER, BC, February 21, 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 drilled during the Company’s 2021 exploration program at the Powerline deposit (the “Powerline Deposit”) located on the AurMac Property.

Assay highlights:

• 59.5 metres (“m”) of 0.71 g/t Au from Surface (14.8 m) in DDH AX-21-140
• 55.2 m of 1.02 g/t Au from 88.1 m in DDH AX-21-142
• 38.9 m of 0.51 g/t Au from 41.8 m in AX-21-148
• 25.3 m of 1.40 g/t Au from 94.9 m in AX-21-152
• 45.7 m of 0.47 g/t Au from Surface (13.7 m) in AX-21-153
• 70.4 m of 0.69 g/t Au from 28.9 m in AX-21-154
• 45.2 m of 0.62 g/t Au from Surface (10.4 m) in AX-21-156
• 42.7 m of 0.81 g/t Au from Surface (12.2 m) in AX-21-160
• 39.1 m of 0.54 g/t Au from Surface (7.5 m) in AX-21-162
• 31.6 m of 0.68 g/t Au from Surface (9.9 m) in AX-21-164
• 105.4 m of 0.47 g/t Au from Surface (9.1 m) in AX-21-175

 

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Banyan Gold management comments

“The next phase of exploration at the AurMac Property is well underway, with three diamond drills now turning.

 

“With the denser drill spacing to refine mineralization continuity in the northeast of the Powerline Deposit wrapping up, we are excited to get back to 100 m step-out drilling designed to demonstrate the size potential of the near/on-surface Powerline Deposit mineralization to the east and west.

 

 “This latest batch of assay results from our 2021 drill program continues to showcase the extensive nature of gold mineralization around the Powerline Deposit on the AurMac Property.”

Tara Christie, President & CEO of Banyan Gold

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A video to accompany this news release and additional information is located on the website.

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For brevity, this summary has been redacted, to read the full news release, please click HERE

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