Banyan Gold Reports Significant Drill Results at Powerline Deposit

Banyan Gold Corp. has released promising results from twenty-four diamond drill holes at the Powerline Deposit on the AurMac Property in Yukon. The 2024 drilling program focused on the western section of Powerline as part of an ongoing effort to define gold-rich areas. Highlighted findings include hole AX-24-561 with 23.5 meters at 1.06 g/t gold and AX-24-592 with 48.8 meters at 1.45 g/t gold.

Tara Christie, the company's President and CEO, noted that these results showcase consistent high-grade gold intervals, advancing the goal of enhancing the upcoming Preliminary Economic Assessment set for the end of 2025. The deposit primarily consists of schists, quartzites, and limestones from the Hyland Group, with gold usually linked to quartz-sulfosalt-arsenopyrite veins.