on Banyan Gold Corp. (CVE:BYN)
Banyan Gold Reports High-Grade Discoveries in Yukon Powerline Deposit
Banyan Gold Corp has announced significant high-grade gold mineralization at its Powerline Deposit, part of its AurMac Project in Yukon, Canada. Notable findings include AX-25-798 with 1.91 g/t Au over 11.4m within a broader 0.61 g/t Au over 239.2m, highlighting potential for high-grade zones.
Visible gold was identified in multiple drill holes, reinforcing the potential for expanding high-grade zones. Drill hole AX-25-816 includes an interval with 22.11 g/t Au over 0.5m, underscoring the project's promise. These results are anticipated to contribute to upcoming resource updates and assessments.
CEO Tara Christie noted these findings bolster the geologic model, advancing the project towards a Preliminary Economic Assessment. The presence of visible gold along a 500m zone further highlights expansion potential. Banyan continues to focus on refining its resource estimate in this promising region.
R. H.
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