Northwire Canada EditionTuesday, November 10, 2026
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Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
Drill Results

Banyan Intercepts Several New Distinct High-grade Silver Veins, including 3,408 g/t Ag over 1.4 m, at AurMac, Yukon

Banyan Unlocks High-Grade Silver Potential at AurMac While Consolidating Yukon Gold District

By The Northwire Desk — AI Analysis Mar 16, 2026 · 06:00 BYN · 1.23 Banyan Gold Corp.
Executive Summary

The most recent news (March 16, 2026) announces the discovery of several new, distinct high-grade silver veins at the AurMac Project. Key intercepts include a bonanza grade of 3,408 g/t Ag over 1.4m and 880 g/t Ag over 1.5m. This follows a string of positive gold results from the Airstrip and Powerline deposits (e.g., 6.80 g/t Au over 9.3m). Crucially, the company has identified at least eight distinct "Keno-style" silver veins across a 2km x 3km zone, suggesting the project has significant polymetallic potential beyond its established 7.7 million ounce gold resource.

Material Impact

The news is Material - Positive. While Banyan is primarily valued for its massive gold resource (2.27M oz Indicated, 5.45M oz Inferred), the discovery of bonanza-grade silver adds a high-value dimension to the project economics. - Resource Validation: The $52.2M purchase of an underlying NSR by Franco-Nevada (March 1, 2026) provides massive third-party validation of the project's quality. - Exploration Upside: The silver discovery is "Keno-style," referring to the nearby high-grade Keno Hill silver district, implying that AurMac could host a significant silver deposit in addition to its gold. - Operational Momentum: The company is fully funded for a massive 50,000m drill program in 2026, indicating no immediate financing risk and a high catalyst density.

BYN · Price
Company Overview

Banyan Gold's flagship is the AurMac Project in the Yukon, Canada. It is a Tier-1 jurisdiction project located near existing infrastructure (highway and power). The project hosts a combined resource of over 7.7 million ounces of gold. Recent exploration has shifted toward defining higher-grade domains to improve the economics of a potential "starter pit" and discovering high-grade silver veins.

Read the original news release →

More from Banyan Gold Corp.

Oct 28, 2026 · 06:00

Banyan reports gap-zone step-outs at approximately 1 g/t, noting that tonnage expansion, rather than a re-rate, positions the PEA as the primary catalyst.

Drill Results Oct 06, 2026 · 06:00

Banyan’s gap step-out returned 1.88 g/t over 17.9 m, trailing August’s 13 g/t over 14.2 m anchor intercept.

Drill Results Sep 29, 2026 · 09:05

Banyan raises $54.3 million at $2.00 per share, with Franco-Nevada acquiring 10 million shares in the transaction.

Financings Sep 24, 2026 · 16:13

Franco-Nevada backs $58M Banyan financing, validating AurMac project momentum.

Financings Sep 20, 2026 · 18:05

Banyan raised $58 million at $2.00 per share to fund drilling and a preliminary economic assessment for its Yukon Explorer project through 2027.

Financings Sep 17, 2026 · 06:00

Banyan’s margin drilling confirms bulk-tonnage RIRG gold above 0.30 g/t but lacks scale to re-rate the deposit.

Drill Results