VANCOUVER, BC/ ACCESSWIRE / January 6, 2020 / Banyan Gold Corp. is pleased to announce results from the final seven diamond drillholes on the McQuesten Airstrip Zone from the recently completed 3,385 metre Phase 2 diamond drill program on the Company's Aurex-McQuesten Gold Project near Mayo, Yukon. All together the Phase 2 Airstrip drilling campaign tested great than 1km of strike length of the newly defined Airstrip [...]
Banyan Gold Corp. is pleased to announce that it has satisfied its third year earn-in exploration expenditure commitment on the Aurex and McQuesten Properties optioned from Victoria Gold Corp. and Alexco Resource Corp. respectively. In order to complete the third year commitments, Banyan will issue 750,000 shares to Victoria Gold and 400,000 shares to Alexco on or before December 31, 2019. Under the definitive agreements [...]
Banyan Gold Corp. is pleased to announce results from the next four diamond drillholes of the recently completed 3,385m Phase 2 diamond drill program on the Company's Aurex-McQuesten Gold Project near Mayo, Yukon. Phase 2 drilling was designed to expand the strike length of the mineralization of Airstrip Block "1", from 500 metres to >1 kilometre. These four holes, MQ-19-54 through 56 and MQ-19-64 extend and infill [...]
Banyan Gold Corp. is pleased to announce results from the next four diamond drillholes of the recently completed 3,385m Phase 2 diamond drill program on the Company's Aurex-McQuesten Gold Project near Mayo, Yukon. This drilling was designed to expand the strike length of the mineralization of Airstrip Block "1", from 500 metres to >1 kilometre. Three of these four holes, MQ-19-46, MQ-19-52 and MQ-19-53 extended Airstrip [...]
Banyan Gold Corp. is pleased to announce results from the first four diamond drill holes from the recently completed 3,385m diamond drill program and 497m Reverse Circulation Phase 2 drill program at the Company's Aurex-McQuesten Gold Project near Mayo, Yukon. The program is designed to expand the Airstrip and Powerline targets; to 1 km and 250m of strike respectively. Airstrip Target highlights include: 5.99 g/t Au over [...]
Banyan Gold Corp. is pleased to announce that subject to final TSX approval it has arranged non-brokered private placements of $1,874,194 consisting of 16,894,950 million Units and 13,836,109 Shares. The financing includes strategic investments from Osisko Gold Royalties Ltd., Funds Management by Sprott Asset Management LP, Alexco Resource Corp. and Victoria Gold Corp. The Private Placement, which encompasses the previous [...]
Banyan Gold Corp. has commenced a 3,500 metre diamond drill program to follow-up on the compelling results returned earlier this season from the "Airstrip" Zone and the new discovery at the "Powerline" Zone, both on the Aurex-McQuesten Project, Yukon Territory. This second-phase drilling campaign has a two-fold exploration focus: 1) Expansion of the drill defined strike length of the "Airstrip" Zone from the current 500 [...]
Banyan Gold Corp. , is pleased to announce results from the four diamond drill holes and two surface trenches from the 2019 exploration campaign at the McQuesten Gold Zone of the Aurex-McQuesten Gold property, Yukon. These four holes were positioned to test the extent and distribution of higher-grade intervals interpreted from Banyan’s geological model. These holes targeted over 160m of northeast/southwest trend of [...]
Banyan Gold Corp. , is pleased to announce results from the first four diamond drill holes from the recently completed drill campaign on the Powerline Zone on the Aurex-McQuesten property, Yukon. The first four holes of the eight-hole, two trench program across the Aurex-McQuesten property targeted the Powerline Zone, an undrilled area one kilometer south of the main McQuesten Gold Zone, on the Aurex Claim block [...]
Banyan Gold Corp. has re-negotiated, subject to TSX Venture Approval, terms of the Aurex Option Agreement which allows the Company to earn up to a 100% interest in the Aurex Property from StrataGold Corporation, a 100% owned subsidiary of Victoria Gold Corp. , and the McQuesten Option Agreement to earn up to a 100% interest in the McQuesten Property from Alexco Resource Corp. , originally signed in May 24, 2017 . The [...]
Banyan Gold Corp. , is pleased to announce plans for its' 2019 exploration program on the Aurex-McQuesten Gold Project, Central Yukon, which is located at the junction of two well-known mineralized belts: Alexco Resource Corp.'s Keno Hill high-grade silver district and Victoria Gold Corp's Eagle Gold Mine, which is currently under construction and scheduled to produce over 200,000 ounces of gold annually starting in [...]
Banyan Gold Corp. , announces that it has closed a non-brokered private placement of $500,000 . The Private Placement, which encompasses the previous announcement on February 20, 2019, consists of the issuance of 2,270,000 Flow Through common shares ) at a subscription price of $0.05 per FTS and 7,730,000 units at a subscription price of $0.05 per Unit for aggregate gross proceeds to the Company of $500,000. Each Unit is [...]