PRESS RELEASE

from Banyan Gold Corp. (CVE:BYN)

Banyan Gold Intersects More High-Grade Mineralization in Powerline with Increased Instances of Visible Gold, Yukon, Canada

VANCOUVER, BC / ACCESS Newswire / February 17, 2026 / Banyan Gold Corp. (the "Company" or "Banyan") (TSXV:BYN)(OTCQB:BYAGF) is pleased to announce it has intersected high-grade gold ("Au") mineralization and visible gold ("VG") in numerous intervals in central Powerline Deposit ("Powerline") at its AurMac Project ("AurMac"), Yukon, Canada.

Powerline Highlights:

  • AX-25-798 - 1.91 g/t Au over 11.4m,2.00 g/t Au over 25.0m,4.59 g/t Au over 5.0m, 1.44 g/t Au over 5.0m, and 1.12 g/t Au over 7.5m, all within 0.61 g/t Au over 239.2m; includes high grade intervals of 26.61 g/t Au over 0.6m, 14.00 g/t Au over 1.5m, and 18.10 g/t Au over 1.5m;

  • AX-25-805 - 1.32 g/t Au over 8.7m, within 0.39 g/t Au over 103.7m;

  • AX-25-810 - 0.92 g/t Au over 15.9m, within 0.68 g/t Au over 40.1m;

  • AX-25-816 - 0.67 g/t Au over 32.9m; includes 22.11 g/t Au over 0.5m,

  • AX-25-822 - 3.56 g/t Au over 2.3m, within 0.49 g/t Au over 66.6m; includes high-grade interval of 11.65 g/t Au over 0.4m;

  • AS-25-823 - 1.02 g/t Au over 10.0m, AND, 3.04 g/t Au over 6.1m, within 0.59 g/t Au over 57.3m;

"These high-grade intersections from Powerline continue to strengthen the continuity and to define the high-grade portions of the deposit, supporting the refined geologic and mineralization model, the upcoming Resource update and Preliminary Economic Assessment," said Tara Christie, President and CEO. "Visible gold associated with high-grade intervals was identified in every drill hole in this release across an over 500m long zone of the center of Powerline (from AX-25-810 to AX-25-805). These results highlight the continued potential for expanding near surface, high-grade mineralization."

Figure 1: Plan map of highlight gold intersections at AurMac.
Figure 2: Visible gold intersections in drillholes from Central Powerline. Top left - AX-25-798 - 94.0m. Top Right - AX-25-805 - 154.3m. Middle Left - AX-25-822 - 106.2m. Middle Right - AX-25-816 - 90.0m. Bottom Left - AX-25-810 - 184.3m. Bottom Right - AX-25-823 - 86.7m. While visible gold at Powerline is typically (but not always) indicative high-grade intervals, the potential for heterogeneous distribution of gold in a recovered drill core and analyte material that is processed by the laboratory, means not all instances of visible gold will be reflected in high-grade assay results.
Figure 3: Cross-section A-B in Central Powerline (See Figure 1). High-grade mineralization in AX-25-798, -810 and -822 has the potential to extend mineralized domains just below the conceptual pit boundary from the 2025 MRE. Magenta outlines show preliminary potential mineralized zones. Once refined, these domains will aid in better constraining estimations of the distribution of gold in the Mineral Resource Estimate.
Figure 4: High-grade gold mineralization in AX-25-798 hosted in large cross-cutting quartz vein and associated centimetre-scale sheeted veins. Visible gold grains intergrown with Bi-sulphosalts in quartz veins are typical of high-grade mineralization in Powerline (See Figure 2).
Figure 5: Cross-section 467100mE in Powerline (See Figure 1). Mineralization in AX-25-823 has the potential to extend high-grade mineralization, convert waste blocks and extend the conceptual pit wall. Magenta outlines show preliminary potential mineralized zones. Once refined, these domains will aid in better constraining estimations of the distribution of gold in the Mineral Resource Estimate.
Figure 6: High-grade mineralization in AX-25-823 associated with sheeted quartz veins cross-cutting metasedimentary rocks of the Hyland Group. Sheeted veins contain visible gold grains intergrown with Bi-sulphosalts and arsenopyrite.
Figure 7: Cross-section 467250mE Figure 1 in Powerline. High-grade gold mineralization intersected in multiple drill holes highlights the continuity and potential for down-dip extensions of mineralized domains and convert waste blocks. Magenta outlines show preliminary potential mineralized zones. Once refined, these domains will aid in better constraining estimations of the distribution of gold in the Mineral Resource Estimate.

Table 1: Diamond drillhole assay intercepts for Aurex Hill in this release

Hole ID

depth from (m)

depth to (m)

Au Interval (m)

Au Interval (g/t)

AX-25-798

15.0

254.2

239.2

0.61

Including

68.0

69.0

1.0

1.38

and including

92.6

104.0

11.4

1.91

Including

93.5

94.7

1.2

14.83

Including

93.5

94.1

0.6

26.61

and including

114.5

139.5

25.0

2.00

Including

114.5

121.0

6.5

2.54

and including

128.5

130.0

1.5

18.10

and including

177.0

178.5

1.5

2.89

and including

198.5

203.5

5.0

4.59

Including

202.0

203.5

1.5

14.00

and including

214.0

219.0

5.0

1.44

and including

234.5

242.0

7.5

1.12

Including

240.5

242.0

1.5

4.06

and including

253.5

254.2

0.7

2.77

AX-25-805

5.7

109.4

103.7

0.39

Including

5.7

14.4

8.7

1.32

Including

12.4

14.4

2.0

3.78

and including

50.0

51.4

1.4

1.30

and including

70.9

75.1

4.2

2.56

Including

70.9

72.0

1.1

4.92

and including

88.5

88.9

0.4

1.02

And

126.6

127.2

0.6

1.47

And

146.0

154.6

8.6

0.44

Including

146.0

153.0

7.0

0.47

And

187.6

193.5

5.9

0.61

And

209.5

211.0

1.5

1.14

And

252.4

253.8

1.4

1.47

And

272.6

274.0

1.4

3.70

AX-25-810

61.7

62.7

1.0

0.38

And

87.3

90.3

3.0

1.38

Including

87.3

88.3

1.0

2.76

And

112.6

114.0

1.4

0.31

And

143.3

183.4

40.1

0.68

Including

143.3

159.2

15.9

0.92

Including

151.2

151.6

0.4

4.51

and including

158.6

159.2

0.6

16.58

and including

182.7

183.4

0.7

12.04

And

201.7

233.5

31.8

0.39

Including

201.7

210.5

8.8

0.80

Including

209.7

210.5

0.8

5.03

and including

232.0

233.5

1.5

1.86

And

260.0

261.5

1.5

0.64

and

276.5

286.2

9.7

0.33

AX-25-816

48.4

49.5

1.1

0.54

and

79.5

80.0

0.5

0.87

and

99.2

138.0

38.8

0.60

including

105.1

138.0

32.9

0.67

including

125.3

125.8

0.5

22.11

and including

137.5

138.0

0.5

4.66

and

154.0

155.0

1.0

0.64

AX-25-820

9.0

10.5

1.5

0.40

and

14.3

15.0

0.7

0.35

and

22.5

24.0

1.5

0.68

and

47.5

107.5

60.0

0.48

including

47.5

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