Banyan Gold Corp. announced it has intersected visible silver mineralization in the current drill program. This confirms the high-grade silver ("Ag") first drilled in 2021, near surface in the core of the Powerline Deposit ("Powerline") at its AurMac Project ("AurMac") in the prolific Tombstone Belt, Yukon, Canada. Preliminary testing has successfully intersected the high-grade vein (assays pending), with additional drillholes planned to further test this highly prospective zone. The potential to identify new phases of mineralization of significance at AurMac adds a new dynamic to the project and understanding of the interlinkage between the Intrusion related Powerline Gold Mineralisation and the High-Grade Keno Style mineralization." Silver mineralization is associated with crosscutting, steeply dipping Fe-carbonate veins hosting coarse aggregates of sphalerite and galena with instances of fine-grained electrum. With active silver mining in the area, zones of high-grade silver have potential as a selectively mined product. All diamond drill core was systematically logged and photographed by Banyan geology
personnel. All core samples (HTW and NTW diameter) were split on-site at Banyan's core processing facilities. Once split, half samples were placed back in the core boxes with the other half of split samples sealed in poly bags with one part of a three-part sample tag inserted within. Samples were delivered by Banyan personnel or a dedicated expediter to the Bureau Veritas, Whitehorse preparatory laboratory where samples are prepared and then shipped to Bureau Veritas's Analytical laboratory in Vancouver, B.C. for pulverization and final chemical analysis. Core splits reported in this news release for 2021 were analysed by SGS Canada of Burnaby, B.C., utilizing the aqua-regia digest ICP-MS (HCL/HNO3) 36-element GE_IMS21B20 with GE_FAA30V5 30-gram Fire Assay with AAS finish for gold on all samples. Samples returning >10 g/t Ag were reanalysed by aqua-regia digest ICP-AES GE_ICP21B20. If Ag samples were expected to run ore-grade they were analyzed by GC_FAG32V, 30-gram Fire Assay with AAS finish for gold and silver samples. Samples for 2024 reported here were analysed by Bureau Veritas's Analytical laboratory in Vancouver, B.C utilizing the MA300, 35-element ICP analytical package in conjunction with the FA450 50-gram Fire Assay with Gravimetric finish for gold on all samples.
Banyan Gold Corp. is a Canada-based company, which is engaged in the business of exploration and development of mineral property. The Company holds three main projects in the mining friendly Yukon Territory: AurMac Project, Nitra Claims and Hyland Gold Project. The Companyâs flagship asset is AurMac Gold Project located in the Mayo Mining District. It has earned a 51% and 75% interest in and has the right to earn a 100% interest in each of the Aurex Property and McQuesten Property subject to certain royalties. The AurMac Project covers over 173 square kilometers (km2). The Nitra Gold Project is located in the Mayo Mining district, approximately 10 kilometers west of the AurMac Gold property, within the traditional territory of the First Nation of Na-Cho Nyak Dun. The Nitra Gold Project has around 1,442 claims (296 km2). The Hyland Gold Project consists of 927 active Yukon registered quartz mineral claims totaling over 18,620 hectares in an area that is road accessible from Watson Lake.
