Banyan Gold Corp. is pleased to announce the results from the next five drill holes which have been received for the Powerline Deposit, AurMac Property, Yukon. Step-out grid-based drilling continues to identify significant intervals of consistent gold mineralization further expanding the mineralization footprint of this impressive and growing on and near-surface gold deposit. Gold mineralization remains open in all [...]
Banyan Gold Corp. is pleased to announce, subject to TSXV approval, it is closing the second and final tranche of the $16 million private placement previously announced on July 19, 2021. With the closing of the private placement, the Company would like to welcome the Franklin Gold and Precious Metals Fund as a 7.1% holder in the Company and the continued support of Osisko Development Corp. and Victoria Gold Corp., the [...]
Banyan Gold Corp. is pleased to announce, subject to TSX-V approval, it is closing the first tranche of $11,928,571 of a total $16 million private placement previously announced on July 19, 2021. 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 2021-22 Exploration Programs at AurMac are intended to [...]
Banyan Gold Corp. is pleased to announce that it is proposing to complete a fully subscribed non-brokered private placement of up to $16,000,000 in gross proceeds. The proposed Private Placement would consist of 30,357,144 Charity Flow Through Shares priced at $0.38 per share for gross proceeds of $11,535,715; 6,326,530 Flow Through Shares priced at $0.35 per share for gross proceeds of $2,214,286; and 8,035,715 Shares [...]
Banyan Gold Corp. is pleased to announce the assay results from the next six holes drilled at the Powerline Deposit, AurMac Property, Yukon. This set of drill holes targeted areas south, west and north of the Powerline Resource through the systematic 100 metre spaced step-out grid drilling campaign. As with this season's previously released results, this drilling approach has consistently identified significant intervals [...]
Banyan Gold Corp. is pleased to announce assay results from the next five diamond drill holes received from the 2021 exploration program at the AurMac Property, Yukon. These holes continue with the systematic testing of the Powerline deposit on 100 metre centered step-out drilling - and continue to validate the geological model and expand the limits of known near-surface gold mineralization. Assay highlights from this set [...]
Banyan Gold Corp. is pleased to announce drilling has begun at the Aurex Hill Target, situated approximately one kilometre east of the Powerline Deposit on the AurMac Property, Yukon. "Banyan is excited to return to Aurex Hill and follow-up on the near-surface gold mineralization identified in our 2020 drill program." stated Tara Christie, President and CEO . "Phase 1 drilling on the Aurex Hill target should unlock the [...]
Banyan Gold Corp. is pleased to announce the results from five diamond drill holes received from the ongoing 2021 exploration program on the AurMac Property, Yukon. Banyan has now released assays from 16 holes of the total 46 diamond drill holes drilled to date. This season's drilling efforts have thus far resulted in over 10,000 metres from a systematic, 100 m centered, drill grid designed to test the expansion potential [...]
Banyan Gold Corp. is pleased to announce the results from the next five diamond drill holes received from the 2021 exploration program on the AurMac Property, Yukon. These drill holes continue step out to the south of the Powerline deposit on systematic 100 metre centered grid drilling designed to test the expansion potential of the Powerline Deposit. Assay highlights from these five 2021 Powerline Zone drill holes [...]
Banyan Gold Corp. is pleased to announce that the Board of Directors of the Company have granted 3,600,000 stock options to purchase 3,600,000 shares at an exercise price of $0.24 per share, expiring 5 years from the date of the grant. The options have a vesting period of up 18 months. The stock options are being issued to field employees, consultants, Directors and Officers of the company. The options were granted under [...]
Banyan Gold Corp. is pleased to announce the results from the next four diamond drill holes received from the 2021 exploration program on the AurMac Property, Yukon. These drill holes represent part of the larger, systematic 100 metre spaced step-out grid drilling designed to expand the Powerline Deposit. Assay highlights from these four 2021 Powerline Zone drill holes results include: 0.75 g/t Au over 46.6 metres from [...]
Banyan Gold Corp. is pleased to provide a summary of the inaugural metallurgical bottle roll test work on its flagship AurMac Project. The test work was conducted by Forte Analytical LLC of Fort Collins, Colorado on a suite of samples collected by Banyan during the 2020 drilling programs. Highlights: Gold recoveries from this work demonstrate strong heap leach kinetics and there appears to be no correlation between [...]