from Banyan Gold Corp. (CVE:BYN)
Banyan's Recent Drillholes Demonstrate Continuity of High Grade with 1.85 g/t Au over 26.9m at Powerline Deposit, Yukon, Canada
New Diamond Drill Highlights Demonstrate Continuity of High Grade and Waste Block Conversion to High-grade Domains in Northeast Powerline
AX-25-660 - 1.85 g/t Au over 26.9m including 5.91 g/t Au over 3.5m,
within 62.0m at 0.93 g/t Au
AX-25-664 - 3.36 g/t Au over 5.0m within 19.5m at 1.12 g/t Au
and 6.00 g/t Au over 2.0 m within 1.35 g/t Au over 27.0m,
AX-25-667 - 6.03 g/t Au over 1.5m and 5.22 g/t Au over 1.4m
within 17.9m at 1.34 g/t Au
VANCOUVER, BC / ACCESS Newswire / September 15, 2025 / Banyan Gold Corp. (the "Company" or "Banyan") (TSX-V:BYN)(OTCQB:BYAGF) is pleased to announce it has intersected multiple instances of visible gold in sheeted veins at the Powerline deposit ("Powerline") at its AurMac Project ("AurMac") in the prolific Tombstone Belt, Yukon, Canada. High-grade Gold ("Au") in drillholes AX-25-660, 664, and 667 highlight the potential for further high-grade gold intervals in Powerline and confirm new 3D modelling mineralized domains. These holes also highlight the potential infill drilling to convert waste blocks to ore blocks with improved continuity of high-grade mineralized domains extending beyond the current Mineral Resource Estimate ("MRE") (see Table 3 below) conceptual pit boundary (Figure 1; Tables 1 and 2). To date, over 29,000m (127 holes) have been drilled by the Company this year on the AurMac Project, with drilling currently ongoing.
"These results advance our target of defining 5 million ounces of plus 1 g/t. Specifically, these holes from the Powerline deposit are focused on converting waste blocks that fall within the footprint of the conceptual pit where the mineralized domains are only truncated based on a lack of drilling," said Tara Christie, President and CEO. "Guided by our reinterpretation of the geologic controls of mineralization in Powerline, used to delineated 1.42 Moz of Indicated Mineral Resources at 0.95 g/t (46.4 M tonnes) and 3.13 Moz of Inferred Mineral Resources at an average gold grade of 0.98 g/t (99.2 M tonnes), at the 0.55 g/t gold cut off (see News Release of July 8, 2025). The Powerline deposit boundaries remain open in all directions."
Duncan Mackay, Vice President of Exploration, continued, "Building on our success from last year in redeveloping our geologic model and achieving nearly one-to-one conversion ratio for inferred to indicated in our MRE, we are further refining our model utilizing structural data from oriented drill core and geochemical data (bolstered by our onsite XRF). Specific mineralized domains can be traced in Powerline adding continuity to high-grade zones, converting waste blocks in the current MRE (Figure 2) and flattening and deepening the conceptual pit floor."
Table 1: Significant diamond drillhole assay intercepts for Powerline in this release
HOLE NUMBER | From (m) | To (m) | Au Interval (m) | Au Interval (g/t) |
AX-25-648 | 98.5 | 100.6 | 2.1 | 0.62 |
and | 130.0 | 131.2 | 1.2 | 0.34 |
and | 163.3 | 192.9 | 29.6 | 0.34 |
including | 186.0 | 192.9 | 6.9 | 0.72 |
AX-25-653 | 34.0 | 36.0 | 2.0 | 0.54 |
and | 49.0 | 63.0 | 14.0 | 0.32 |
and | 85.8 | 91.8 | 6.0 | 0.36 |
and | 104.3 | 135.5 | 31.2 | 0.65 |
including | 104.3 | 104.9 | 0.6 | 16.70 |
and | 147.5 | 152.5 | 5.0 | 0.31 |
and | 164.5 | 168.6 | 4.1 | 0.40 |
and | 192.6 | 237.5 | 44.9 | 0.37 |
AX-25-656 | 44.3 | 62.0 | 17.7 | 0.43 |
and | 107.0 | 121.3 | 14.3 | 0.30 |
and | 141.3 | 149.4 | 8.1 | 0.21 |
and | 178.6 | 195.5 | 16.9 | 0.35 |
and | 210.7 | 212.7 | 2.0 | 0.31 |
and | 236.7 | 253.8 | 17.1 | 0.24 |
and | 269.8 | 282.8 | 13.0 | 0.26 |
AX-25-660 | 29.0 | 37.0 | 8.0 | 0.32 |
and | 54.5 | 57.5 | 3.0 | 0.62 |
and | 75.5 | 110.0 | 34.5 | 0.29 |
and | 157.0 | 219.0 | 62.0 | 0.93 |
Including | 163.6 | 190.5 | 26.9 | 1.85 |
including | 163.6 | 167.1 | 3.5 | 5.91 |
including | 163.6 | 164.3 | 0.7 | 15.40 |
including | 166.6 | 167.1 | 0.5 | 21.50 |
and including | 182.6 | 184.1 | 1.5 | 9.00 |
and | 244.5 | 272.7 | 28.2 | 0.32 |
including | 272.3 | 272.7 | 0.4 | 4.36 |
AX-25-664 | 19.5 | 39.0 | 19.5 | 1.12 |
including | 31.4 | 36.4 | 5.0 | 3.36 |
including | 31.4 | 31.9 | 0.5 | 6.30 |
including | 34.9 | 36.4 | 1.5 | 8.53 |
and | 49.5 | 59.9 | 10.4 | 0.76 |
including | 51.0 | 52.0 | 1.0 | 6.04 |
and | 70.0 | 108.3 | 38.3 | 0.28 |
and | 138.5 | 158.5 | 20.0 | 0.32 |
and | 170.5 | 181.0 | 10.5 | 0.60 |
and | 205.0 | 232.0 | 27.0 | 1.35 |
including | 217.0 | 219.0 | 2.0 | 6.00 |
and including | 230.3 | 232.0 | 1.7 | 10.40 |
and | 267.0 | 268.3 | 1.3 | 1.34 |
and | 293.0 | 295.0 | 2.0 | 0.35 |
AX-25-667 | 18.0 | 25.5 | 7.5 | 0.57 |
and | 64.5 | 82.4 | 17.9 | 1.34 |
including | 64.5 | 66.0 | 1.5 | 6.03 |
including | 81.0 | 82.4 | 1.4 | 5.22 |
and | 97.0 | 98.5 | 1.5 | 0.32 |
and | 105.5 | 105.8 | 0.3 | 1.15 |
and | 123.0 | 128.8 | 5.8 | 0.36 |
and | 178.7 | 179.8 | 1.1 | 0.44 |
and | 308.3 | 322.0 | 13.7 | 0.43 |
and | 360.8 | 366.1 | 5.3 | 0.73 |
*True widths are estimated to be 90% of drill interval
Table 2: Collar Locations for drill holes in this release
HOLE ID | Easting (m) | Northing (m) | Elevation (m) | Depth (m) | Azimuth | Dip |
AX-25-648 | 468603 | 7083286 | 869 | 306.3 | 0 | -60 |