Banyan Gold Corp. announces that all resolutions set out in the management proxy circular for Banyan's 2022 annual general meeting of shareholders held on March 31, 2022 were passed. All director nominees have been re-elected to serve for the coming year. The following resolutions were also approved: Fixing the Number of Directors; Reappointing Geib & Company Chartered Accountants as auditor; and Reapproving the share [...]
Banyan Gold Corp. is pleased to announce analytical results from twenty-one diamond drill holes completed during the Company's 2021 exploration program at the Powerline deposit located on the Company's AurMac Property. Assay highlights include: 48.6 metres of 0.51 g/t Au from 36.7 m in DDH AX-21-166 69.4 m of 0.63 g/t Au from 125.9 m in DDH AX-21-170 47.2 m of 0.50 g/t Au from surface in AX-21-191 70.0 m of 0.65 g/t Au [...]
Banyan Gold Corp. is pleased to announce the appointment of Marc Blythe as a Director of the Company. Mr. Blythe is an independent mining consultant who provides diligence reviews and operational advice to mining companies and financiers. He brings over 29 years of experience in operations, exploration, mergers and acquisitions, financing, and corporate strategy in the mining sector. Mr. Blythe previously served as [...]
Banyan Gold Corp. is pleased to announce analytical results from twenty-one diamond drill holes drilled during the Company's 2021 exploration program at the Powerline deposit located on the AurMac Property. Assay highlights: 59.5 metres of 0.71 g/t Au from Surface in DDH AX-21-140 55.2 m of 1.02 g/t Au from 88.1 m in DDH AX-21-142 38.9 m of 0.51 g/t Au from 41.8 m in AX-21-148 25.3 m of 1.40 g/t Au from 94.9 m in [...]
Banyan Gold Corp. is pleased to announce the commencement of the 2022 exploration program at its AurMac Property, located in the Mayo Mining District, Yukon, Canada. The primary objectives of the 30,000 metre drill program planned for 2022 on the AurMac property are to continue to expand the Powerline Deposit and advance the Aurex Hill Zone. "Exploration at the AurMac Property has now resumed with three diamond drill rigs [...]
Banyan Gold Corp. is pleased to announce that its common shares are now listed for quotation and sale on the OTCQB Venture Market in the United States under the symbol "BYAGF". The Company's common shares will continue to trade in Canada on the TSX Venture Exchange under the symbol "BYN". "We accomplished a great deal in 2021 including the completion of a $16 million financing, amending our Class IV exploration permit for [...]
Banyan Gold Corp. is pleased to release analytical results from the next five additional diamond drill holes received from the 2021 exploration campaign at the rapidly developing Powerline Deposit at the Company's AurMac Property in the Yukon Territory . Assay highlights from the latest batch of assays received from the 2021 exploration campaign at the Powerline Deposit include: 84.5 metres of 1.32 g/t Au from surface in [...]
Banyan Gold Corp. announces that it has granted an aggregate of 3,325,000 options to purchase common shares of the Company to certain directors, officers, employees and consultants. The stock options are being issued in connection with Banyan's annual compensation review process and are granted under and are subject to the terms and conditions of the Company's stock option plan. All of the options granted are exercisable [...]
Banyan Gold Corp. is pleased to release assay results from eight diamond drill holes of the Phase 2 exploration campaign at the rapidly developing Powerline Deposit, AurMac Property, Yukon . These results continue to demonstrate that the Powerline Deposit has the potential to host near-surface gold mineralization over at least 1.2 kilometres strike length in the east-west direction; the continuity of this growing trend [...]
Banyan Gold Corp. is pleased to present the complete set of results from the diamond drill exploration campaign on the Aurex Hill zone at the Company's rapidly developing AurMac Property, Yukon . These results demonstrate this zone has the potential to host widespread, consistent and near-surface gold mineralization over meaningful extents. Assay highlights from the 2021 Aurex Hill target include: 13.7 metres of 0.59 g/t [...]
Banyan Gold Corp. is pleased to report that the AurMac drill program has expanded to three drills working onsite with associated increases in drilling production. The Phase II 2021 AurMac exploration program continues to follow up on successful 2021 Phase I drilling at the Project which, since February of this year, has culminated in approximately 25,000 metres and over 120 diamond drill holes completed to date. With [...]
Banyan Gold Corp. is pleased to release assay results from the final fifteen drill holes of the Phase 1 program at the Powerline Deposit, AurMac Property, Yukon. Fifty holes, totalling 10,476 metres , were drilled in a systematic 100 m centered grid completed in July 2021. Banyan is pleased that the results have increased the area of known gold mineralization by more than 650% and demonstrated potential for additional [...]