Banyan Gold Intersects Multiple High-Grade Mineralization Occurrences in Powerline and Airstrip Deposits, AurMac, Yukon, Canada
Accessnewswire·2026-01-08 11:00

Core Insights - Banyan Gold Corp. has reported new high-grade gold intersections in the Powerline and Airstrip deposits at its AurMac Project in Yukon, Canada, indicating significant exploration potential and continuity of mineralization [1][2][3] Exploration Results - The recent drilling results confirm the extension of high-grade mineralization at the Powerline deposit and the continuity between Powerline and Airstrip deposits, with a notable 400 m mineralized gap between them [2][3] - High-grade mineralization was identified in the Airstrip deposit, with significant intersections such as 1.10 g/t Au over 66.6 m and 0.95 g/t Au over 29.6 m, indicating potential for further depth extension [3][6] - The Powerline deposit also showed high-grade intervals, including 2.02 g/t Au over 16.3 m and 5.60 g/t Au over 4.4 m, reinforcing the continuity of high-grade domains [7][8] Mineral Resource Estimates - The current Mineral Resource Estimate (MRE) for the AurMac Project includes an Indicated Resource of 2.274 million ounces of gold at an average grade of 0.63 g/t and an Inferred Resource of 5.453 million ounces at 0.60 g/t [20][21] - The MRE is based on a cut-off grade of 0.30 g/t gold, with the estimates constrained within an open pit shell optimized using specific economic parameters [23] Upcoming Events - Banyan Gold Corp. will participate in several upcoming industry conferences, including the BMO 35 Global Metals, Mining & Critical Minerals Conference and the Metals Investor Forum, providing opportunities for further engagement with investors [22][20]