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 [...]
Banyan Gold Corp. is pleased to announce the first three diamond drill hole results from the 2021 exploration program on the AurMac Property, Yukon. These drillholes continue the systematic 100 metre spaced step-out grid drilling from the Powerline Deposit. Assay highlights from these first three 2021 Powerline Zone drillholes results include: 0.88 g/t Au over 54.6 metres from 80 m in AX-21-66 0.56 g/t Au over 67.5 metres [...]
Banyan Gold Corp. is pleased to announce the final set of diamond drill hole results from the 2020 exploration program on the AurMac Property, Yukon. These drill holes were focused on the expansion of the on/near-surface Powerline Deposit; this successful campaign intersected anomalous gold mineralization in every hole and the current diamond drilling program at AurMac is designed to continue to grow the Powerline [...]
Banyan Gold Corp. is pleased to announce the commencement of the 2021 exploration program at its flagship AurMac Property, located in the Mayo mining district, Yukon, Canada. The primary objectives of the 15,000 m drill program planned for the AurMac Property are to expand the Resource at both the Airstrip and Powerline Zones and advance the Aurex Hill Zone towards an initial mineral resource. "We are excited to commence [...]
Banyan Gold Corp. is pleased to announce the final 2020 exploration season diamond drill hole results from the Airstrip Zone, AurMac Property, Yukon . Highlights from this final set of Airstrip results include: 0.92 g/t Au over 63.5 metres from 106.0 metres in MQ-20-86 0.89 g/t Au over 59.2 metres from 111.0 metres in MQ-20-87 0.62 g/t Au over 59.8 metres from 63.7 metres in MQ-20-93 "Successful step-out drilling along [...]
Banyan Gold Corp. is pleased to announce results of three additional diamond drillholes located in a previously untested area of the Aurex Hill Zone, AurMac Property, Yukon . Highlights from this new mineralized zone results include: 1.11 g/t Au over 17.9 metres from surface in AX-20-57 0.91 g/t Au over 20.5 metres from surface in AX-20-54 Diamond drilling at the Aurex Hill Zone in 2020 was comprised of seven [...]
Banyan Gold Corp. is pleased to announce the voting results of the Company's Annual General and Special Meeting of Shareholders held on January 14, 2021 . Shareholders approved the business items of fixing the number of directors at four, including the election of each director nominee. Detailed voting results are as follows: Votes For % For Votes Withheld % Withheld Number of Directors 54,797,702 100.00% 0 0.00% Nominee [...]
Banyan Gold Corp. is pleased to announce, diamond drill assay results from the next eight diamond drillholes received from the 2020 exploration program at Powerline and Aurex Hill, AurMac Property, Yukon. Highlights from these new analytical drill results include: 0.69 g/t Au over 38.3 metres from 65.1 metres in AX-20-46 1.09 g/t Au over 40.0 metres from 52.5 metres in AX-20-47 0.91 g/t Au over 20.5 metres from 7.0 metres [...]
Banyan Gold Corp. a growth?focused gold exploration company, provides a summary of the Company's key 2020 accomplishments advancing the Company and the Company's AurMac and Nitra Properties near Mayo, Yukon. 2020 AurMac Project Highlights: Announced Maiden Inferred Resource - 903,945 ounces of gold contained in two near/on-surface, road accessible deposits: The Airstrip and Powerline deposits. in May 2020; Executed [...]
Banyan Gold Corp. is pleased to announce, subject to approval by TSX-V, that it is closing the private placement announced on December 21, 2020. 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 financing includes 5,357,143 Flow Through Shares at $0.28 and 3,076,924 Charity Flow Through Shares priced at $0.325 for gross [...]