Banyan Gold Corp. . is pleased to announce analytical results from twenty-one diamond drillholes collared within the Powerline Deposit located on the Company's AurMac Project, Yukon Territory. This set of holes was drilled in the eastern portion of the Powerline Deposit as part of the 2024 AurMac definition drilling program. Highlights from the most recent assay results: AX-24-557: 24.5 metres of 0.85 g/t Au from 53.5 m [...]
Banyan Gold Corp. announces the Board of Directors of the Company have granted 8,000,000 stock options to purchase 8,000,000 shares at an exercise price of $0.21 per share with a vesting period of up to 18 months. 5,600,000 options are being granted with a ten-year term while 2,400,000 are being granted with a five-year term. The stock options are being issued to directors, officers, consultants, advisors and exploration [...]
Banyan Gold Corp. is pleased to announce the latest analytical results from nineteen diamond drillholes within the Powerline Deposit located on the Company's AurMac Project, Yukon Territory . This set of holes was drilled in the north-central portion of the Powerline Deposit as part of the ongoing definition drilling program to increase confidence of the Resource model. Highlights from these assay results: AX-24-534: 48.0 [...]
Banyan Gold Corp. is pleased to announce it has commenced a helicopter supported Z-axis Tipper Electromagnetic geophysical survey on the Company's AurMac and Nitra Projects in the Yukon Territory. The airborne survey is being conducted by Geotech Ltd. over an area of 234 square kilometres , on the AurMac project that hosts the Powerline and Airstrip deposits, together consisting of 7.0 million ounces of gold Inferred [...]
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 [...]