BRIEF

on Banyan Gold Corp. (CVE:BYN)

Banyan Gold Reports High-Grade Discoveries at Powerline, Yukon

Banyan Gold Corp. announced significant high-grade gold mineralization at the Powerline Deposit, part of its AurMac Project in Yukon, Canada. Noteworthy drill results include 1.70 g/t Au over 5.8m in drill hole AX-25-801 and 1.82 g/t Au over 26.2m in AX-25-819, with instances of visible gold. Tara Christie, CEO, mentioned the drill program's continuity and high potential at the deposit's core. This ongoing program aims to enhance mineral domain estimations below the conceptual pit boundary established by the 2025 Mineral Resource Estimate.

Drill holes such as AX-25-814 showed intervals of 1.57 g/t Au over 6.6m, with room for extending mineralization and optimizing waste blocks. The recovered drill cores, systematically logged and analyzed, suggest heterogeneous gold distribution, indicating not all instances of visible gold result in high-grade assays. As results continue to emerge, Banyan anticipates active discussions in the upcoming months, underlining the project's promising prospects.

R. P.

Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Banyan Gold Corp. news