on Eagle Royalties Ltd. (isin : CA26985E1034)
Geophysical Survey Progress at AurMac Gold Project in Yukon
Eagle Royalties Ltd. announced that Banyan Gold conducted a Z-axis Tipper Electromagnetic (ZTEM) geophysical survey at the AurMac Project in Yukon. The survey, executed by Geotech Ltd., covers 234 square kilometers including the Powerline and Airstrip deposits.
Eagle Royalties maintains royalty interests of 0.5% to 2.0% on claims encompassing this area. Recently, Banyan achieved test recoveries of 93% at Powerline and 90% at Airstrip with conventional mill processing methods. Ongoing studies aim to complete a Preliminary Economic Assessment by December 2025.
Technical aspects of the survey were reviewed by C.C. Downie, P.Geo. Eagle Royalties, a publicly traded entity since May 2023, continues to leverage its diverse Canadian portfolio valued over CDN $3.5 million in treasury.
R. H.
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