Banyan Gold Corp.

Banyan Gold Corp. welcomes the announcement of federal Government Funding to study the connection of the British Columbia and Yukon Electrical Grids and also announces issuing incentive stock options. Yukon Grid Connect Funding On September 20, 2024, Natural Resources Canada announced conditional approval for $40 million in federal funding to undertake pre-feasibility activities to advance a high-voltage transmission line [...]

Banyan Gold Corp. is pleased to provide an update on ongoing metallurgical test program work for the Company's AurMac Project in the Yukon Territory. Test work is being conducted on the AurMac Project's Powerline Deposit and Airstrip Deposit which host the Project's 7.0 million ounce gold inferred Mineral Resource Estimate . Results from the metallurgical test program utilizing bulk composite samples from Powerline and [...]

Banyan Gold Corp. . is pleased to announce that it has completed the 75% earn in on the Aurex Property, comprised of 433 claims, which contains the majority of the Powerline Deposit at the AurMac Project . Banyan has completed all the exploration expenditure requirements to earn 100%. The Company completed the 75% ownership of the McQuesten Property which contains the Airstrip Deposit in December 2023, and has until [...]

Banyan Gold Corp. . is pleased to announce the voting results of the Company's Annual General and Special Meeting of Shareholders held on September 6, 2024 . A total of 151,302,063 common shares were voted, representing the votes attached to 46.02% of all outstanding common shares. Shareholders voted in favour of the election of all director nominees. The percentage of votes cast for each is as follows: Nominee Total [...]

Banyan Gold Corp. is pleased to announce the analytical results from twelve diamond drill holes collared this season in the Powerline Deposit located on the Company's AurMac Project , Yukon Territory. These holes were drilled in the north central portion of the Powerline Deposit as part of Banyan's ongoing definition and de-risking drill campaign on the Project. Assay highlights include: AX-24-519: 138.7 metres of 0.52 [...]

Banyan Gold Corp. . is pleased to announce the appointment of Hayley Halsall-Whitney as a new member of the Board of Directors of the Company and the appointment of existing Board member, Marc Blythe, to the vacant role of non-executive Chair of the Board. "On behalf of the Board of Directors, I welcome Ms. Halsall-Whitney to the team as we move towards economic studies on AurMac, Hayley's experience and knowledge in [...]

Banyan Gold Corp. is pleased to provide an update on the 2024 exploration program at it's AurMac Project , located in the Mayo Mining District, Yukon. "With the completion of our recent financing, Banyan has $18 million in our treasury and we are on track for our 2024 and 2025 exploration and development programs. Expanded plans include 20,000 metres of drilling, metallurgy, scoping studies and baseline environmental [...]

Not for distribution to United States newswire services or for dissemination in the United States Banyan Gold Corp. further to its press release dated June 20, 2024 announcing the closing of the first tranche of its previously announced financing in which the Company raised an aggregate of $14,001,300.00, the Company is pleased to announce it has closed a second and final tranche of the financing, pursuant to which it has [...]

Banyan Gold Corp. is pleased to announce that further to its press release dated June 12, 2024, it has closed its previously announced brokered private placement whereby the Company has issued 23,150,000 common shares , which qualify as "flow-through shares" of the Income Tax Act , at a price of $0.38 per LIFE FT Share, for gross proceeds of $8,797,000.00; 14,720,000 common shares , which qualify as "flow-through shares [...]

Banyan Gold Corp. announces today that it has entered into an agreement with Cormark Securities Inc., on behalf of itself and on behalf of a syndicate to be agreed , pursuant to which Cormark has agreed to act as lead agent for and on behalf of Banyan Gold Corp. to sell, on a "best efforts" private placement basis: up to 23,150,000 common shares , which will qualify as "flow-through shares" of the Tax Act , at a price of [...]