Banyan Gold Announces Promising Drill Results at AurMac Property

Banyan Gold Corp. has reported significant analytical results from twelve diamond drill holes at the Powerline Deposit, part of its AurMac Project in the Yukon Territory. These holes were drilled in the north-central section as part of the ongoing definition and de-risking campaign.

Key highlights include Hole AX-24-524, which reported 197.0 meters of 0.72 grams per tonne (g/t) of gold from surface, and Hole AX-24-525 with 55.1 meters of 0.91 g/t gold. These results aim to enhance the confidence and continuity of near-surface gold mineralization while advancing the resource classification from Inferred to Indicated.

The Powerline Gold Deposit resides within a metasedimentary package of schists, quartzites, and limestones. Gold mineralization is mainly linked to low angle quartz-sulfosalt-arsenopyrite veins, characteristic of the Tombstone Gold Belt and Selwyn Basin gold systems.