Eagle Royalties Receives Encouraging Results from AurMac Project Drilling

Eagle Royalties Ltd. has announced promising drill hole intercepts from the AurMac Gold Project in Yukon, as reported by Banyan Gold Corp. The highlights include visible gold findings with notable assays such as 138.7 meters at 0.52 g/t gold and 197.0 meters at 0.72 g/t gold. These findings were part of a series of 13 holes drilled in the Powerline resource area, where Eagle holds up to a 2% net smelter return royalty.

Banyan's 2024 exploration program commenced on June 1st, encompassing 118 drill holes across over 21,000 meters at the Powerline and Airstrip deposits. High gold recoveries of up to 93% at the Powerline were noted using conventional mill processing techniques. A helicopter-supported Z-axis Tipper Electromagnetic survey also covers a significant area in AurMac, although results have yet to be released.

As Eagle Royalties relies on publicly available information for verification, the company underlines that the reported data may cover broader territories than those covered by its royalties.