Banyan Gold Corp. is pleased to announce, subject to approval by TSX-V, that it is closing the first tranche of $1,500,000 of a total $2,500,000 Private Placement. The Company intends to use the net proceeds from the Private Placement to expand its' exploration activities in 2021 on its' Yukon based properties. The first tranche includes 5,357,143 Flow Through Shares at $0.28. A second tranche consisting of approximately [...]
Banyan Gold Corp. is pleased to announce the issuance of shares to Alexco Resource Corp. and Victoria Gold Corp . With these issuances, the Company has now completed the expenditures and share issuance to earn 51% of both the underlying McQuesten and Aurex properties, which form the core of the AurMac property. "We are pleased to be able to formally announce earning 51% of the underlying properties of the AurMac Project [...]
Banyan Gold Corp. is pleased to announce, diamond drilling analytical results from the first five diamond drillholes received from the 2020 exploration program at the Powerline Zone, AurMac Property, Yukon. These holes successfully demonstrate the Powerline Mineralization Model applies beyond the 2020 Powerline Resource extent and importantly, the expansion potential of Powerline in all directions and at depth. Highlights [...]
Banyan Gold Corp. is pleased to announce additional diamond drilling results received from the 2020 exploration program at the Airstrip Zone, AurMac Property, Yukon. Highlights include: 1.02 g/t Au over 47.7 metres from 84.8 metres in MQ-20-67 0.53 g/t Au over 16.5 metres from 0.0 metres in MQ-20-79 0.55 g/t Au over 12.0 metres from 29.0 metres in MQ-20-79 0.51 g/t Au over 49.5 metres from 140.5 metres in MQ-20-80 0.59 [...]
Banyan Gold Corp. is pleased to announce that it has staked an additional 401 claims situated immediately adjacent and contiguous to the AurMac Property; significantly expanding the AurMac footprint from 92 square kilometres to 156 square kilometres. Concurrently, Banyan identified and staked a new package of land located 5 km to the west of the AurMac Project, which based on prospecting exhibits similar geological [...]
Banyan Gold Corp. is pleased to announce exploration is underway at the Aurex Hill target on its AurMac Property, Yukon. Aurex Hill is situated approximately one kilometer east of the Powerline Deposit and includes a large area defined by a coincident gold and arsenic-in-soils geochemical anomaly. This area will be tested though the application of the geologic model developed successfully by Banyan elsewhere on the AurMac [...]
Banyan Gold Corp. is pleased to release, the first analytical results of diamond drilling from the 2020 exploration program at the Airstrip Zone, AurMac Property, Yukon. Highlights of the Airstrip Zone drill results to date include: 0.63 g/t Au over 46.0 m from 88.1 m in MQ-20-66 0.75 g/t Au over 116.4 m from 20.2 m in MQ-20-71 0.52 g/t Au over 38.7 m from 37.5 m in MQ-20-75 0.75 g/t Au over 32.5 m from 32.5 m in MQ-20-76 [...]
Banyan Gold Corp. President & CEO, Tara Christie announces the company's initial inferred resource on its AurMac project near Mayo, Yukon. If you cannot view the video above, please visit: https://www.b-tv.com/banyan-gold-in-the-yukon-ceo-clip-90sec/ Banyan Gold Corp. www.banyangold.com About CEO Clips: CEO Clips is the largest library of publicly traded company CEO videos in Canada and the US. These 90 second video [...]
Banyan Gold Corp. is pleased to announce, subject to approval by TSX-V, that it is closing the private placement announced July 8, 2020 , and increased on July 29th for total proceeds of $4,740,000. The Company intends to use the net proceeds from the Private Placement to advance its mineral exploration and development projects and for general corporate purposes. The financing includes a combination of 14,000,000 Charity [...]
Banyan Gold Corp. is pleased to announce, subject to approval by TSX-V, that it is closing the first tranche of $4,320,000 of the private placement announced July 8, 2020 and, due to strong demand, further announces an increase in the total size of the Private Placement to $4,740,000 with the second and final tranche expected to close on or before August 6, 2020. The Company intends to use the net proceeds from the [...]
Banyan Gold Corp. is pleased to announce a private placement financing of up to $4.3M. Alexco Resource Corp., Victoria Gold Corp. and Osisko Gold Royalties indicate they will participate pro rata along with other strategic and current shareholders. This will allow the Company to advance a Phase 2 Exploration Program at AurMac. Phase 2 exploration will include additional diamond drilling, geotechnical drilling [...]
Banyan Gold Corp. is pleased to announce filing the Technical Report to support the Initial Mineral Resource Estimate in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards incorporated by reference in National Instrument 43-101 for the Aurex and McQuesten properties 1. The AurMac Property is located in the Mayo Mining district, approximately 40 kilometres northeast from [...]
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