June 20, 2025

Banyan Gold – 30,000 Meter Drill Program Progress, Visible Gold, and High-Grade Targeting at AurMac

14 minutes

In this KE Report company update, I'm joined by Tara Christie, President and CEO of Banyan Gold (TSX.V:BYN - OTCQB:BYAGF), and Duncan MacKay, Vice President of Exploration. Banyan is advancing its flagship AurMac Gold Project in the Yukon, where a fully funded 30,000-meter drill program is underway.

Key points include:

Drill Progress: Over 16,000 meters completed to date, with three rigs turning since April. Focus is on expanding and upgrading high-grade zones at the Powerline and Airstrip Deposits, which collectively host over 7 million ounces of gold.

Visible Gold Discovery: Duncan details the first-ever visible gold seen at Airstrip, intersected within a high-grade skarn zone. This opens up new geological potential and supports the broader intrusion-related gold system model.

Targeting and Modeling: Banyan has upgraded its logging and data systems, enabling real-time 3D geological modeling. This enhances drill targeting precision, especially in zones that could support a starter pit in the upcoming PEA.

Regional Exploration: The team is allocating ~10% of drilling to test regional targets outside the current resource area, including underexplored zones with strong soil and geophysical signatures.

Catalysts Ahead: Expect drill results from July through November, with a Preliminary Economic Assessment (PEA) planned for Q4 2025.

If you have any follow up questions for Tara please email me at [email protected].

Click here to visit the Banyan Gold website.

...more

View all episodes

By KE Report

4.3

1111 ratings