Northwire Canada EditionTuesday, July 28, 2026
Northwire
BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.61 −3.3% GEN 0.070 +0.0% MAI 4.34 −3.1% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.155 +0.0% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.285 −5.0% HMR 0.530 −1.9% NRC 0.980 −2.0% SIG 0.925 +0.5% LMR 0.125 +66.7% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.61 −3.3% GEN 0.070 +0.0% MAI 4.34 −3.1% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.155 +0.0% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.285 −5.0% HMR 0.530 −1.9% NRC 0.980 −2.0% SIG 0.925 +0.5% LMR 0.125 +66.7%
Drill Results Material +

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

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.