Banyan Gold Continues to Intersect High-Grade Gold in Powerline, AurMac Deposit, Yukon, Canada

• On 2026‑04‑07 Banyan Gold reported continued high‑grade gold intersections from its 2025 drill program at the Powerline Deposit (central and eastern zones) of the AurMac Project. Notable intervals include: 8.76 g/t Au over 1.5 m, 27.90 g/t Au over 1.5 m, plus several sub‑meter >10 g/t Au hits in holes AX‑25‑739, ‑793B, ‑806, ‑809, ‑818 and ‑820 (central Powerline) and a standout 27.90 g/t Au over 1.5 m in hole AX‑25‑786 at Aurex Hill (eastern Powerline).
• The results are intended to convert previously modeled “waste” blocks into ore, improving the economics of the upcoming Preliminary Economic Assessment (PEA) slated for H2 2026. Over 7,500 m have been drilled with five rigs operating; true‑width adjustments (~80‑90 % of reported widths) were applied.
• Assay work was performed by Bureau Veritas (Whitehorse) using four‑acid digestion ICP‑ES and fire‑assay methods, with gravimetric re‑assay for >10 g/t Au samples; the lab is ISO/IEC 17025:2017 accredited.
• Qualified Person Duncan Mackay reviewed and approved the technical content.

• The April 7 release continues a pattern of high‑grade drill results that have been reported regularly since early 2025 (e.g., March silver veins, February visible gold, January skarn extensions). While the grades are impressive—particularly the 27.9 g/t Au over 1.5 m interval—they represent an incremental extension of already‑known mineralization rather than a fundamentally new discovery or a surprise to the market.
• The news supports the company’s stated goal of converting waste blocks to ore for the PEA, but it does not alter the project’s resource base size, timing, or financing outlook in a way that would be considered unexpected or materially different from prior guidance. Therefore, the impact is routine and positive rather than material.

• Banyan Gold Corp. is a Yukon‑focused junior explorer advancing the AurMac Project, a 720 km² land package in the Mayo Mining District that hosts the Powerline, Airstrip, Aurex Hill, and Nitra zones. The project’s current NI 43‑101 resource (effective June 28 2025) shows 2.274 Moz Au indicated and 5.453 Moz Au inferred at a 0.30 g/t cut‑off, based on 112.5 Mt @ 0.63 g/t Au (indicated) and 280.6 Mt @ 0.60 g/t Au (inferred).
• AurMac is positioned as a potential large‑scale, low‑cost open‑pit gold operation with significant silver by‑product credits; the company is working toward a PEA in late 2026 and a possible feasibility study thereafter.