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NPK 0.870 +1.2% GRZ 6.26 −1.4% AVL 5.23 +3.0% TSLV 0.085 −5.6% MPVD 0.015 +0.0% DNG 6.61 +0.0% GLO 0.610 −4.7% CTGO 27.39 +0.5% SKE 45.73 −1.1% MTA 12.63 −0.7% VMET 14.15 +1.8% IMM 0.065 +0.0% LMCU 9.60 −1.9% EFF 0.025 −16.7% AYA 37.44 −4.2% MDM 0.060 +0.0% NPK 0.870 +1.2% GRZ 6.26 −1.4% AVL 5.23 +3.0% TSLV 0.085 −5.6% MPVD 0.015 +0.0% DNG 6.61 +0.0% GLO 0.610 −4.7% CTGO 27.39 +0.5% SKE 45.73 −1.1% MTA 12.63 −0.7% VMET 14.15 +1.8% IMM 0.065 +0.0% LMCU 9.60 −1.9% EFF 0.025 −16.7% AYA 37.44 −4.2% MDM 0.060 +0.0%
Drill Results

Banyan's Recent Drillholes Demonstrate Continuity of High Grade with 1.85 g/t Au over 26.9m at Powerline Deposit, Yukon, Canada

By The Northwire Desk — AI Analysis Sep 15, 2025 · 07:00 BYN · 0.75 Banyan Gold Corp.
BYN · Price

Executive Summary

  • Banyan Gold announced multiple high‑grade gold intercepts from diamond drill holes AX‑25‑660, 664 and 667 at the Powerline deposit (AurMac Project, Yukon), supporting continuity of mineralized zones beyond the current pit‑constrained Mineral Resource Estimate.
  • Intercepts include 1.85 g/t Au over 26.9 m (including 5.91 g/t Au over 3.5 m) and several >6 g/t Au short intervals, indicating potential to convert waste blocks within the conceptual pit to ore blocks.
  • The results advance Banyan’s goal of defining ≥5 Moz of gold at >1 g/t and suggest further resource expansion in the northeast Powerline area.

Key Details

  • Hole AX‑25‑660: 62.0 m @ 0.93 g/t Au; includes 26.9 m @ 1.85 g/t Au, 3.5 m @ 5.91 g/t Au, 0.7 m @ 15.40 g/t Au, 0.5 m @ 21.50 g/t Au, and 1.5 m @ 9.00 g/t Au.
  • Hole AX‑25‑664: 19.5 m @ 1.12 g/t Au; includes 5.0 m @ 3.36 g/t Au, 0.5 m @ 6.30 g/t Au, 1.5 m @ 8.53 g/t Au, and 2.0 m @ 6.00 g/t Au (plus additional high‑grade intervals).
  • Hole AX‑25‑667: 17.9 m @ 1.34 g/t Au; includes 1.5 m @ 6.03 g/t Au and 1.4 m @ 5.22 g/t Au.
  • Total drilling to date in 2025: >29,000 m (127 holes) on the AurMac Project, with ongoing programs.
  • Geologic interpretation aims to convert waste blocks within the pit‑constrained MRE (Indicated: 1.42 Moz @ 0.95 g/t; Inferred: 3.13 Moz @ 0.98 g/t) into ore, expanding the resource envelope.
  • Qualified Person: Duncan Mackay, VP Exploration, reviewed and approved all data.
  • Upcoming presentations: GCFF Conference (Vancouver, Sep 20‑2025), 121 Mining Investment Hong Kong (Sep 24‑25‑2025), 121 Mining Investment Global Online (Oct 14‑15‑2025).

Notable Quotes

“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,” – Tara Christie, President & CEO.

“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… Specific mineralized domains can be traced in Powerline adding continuity to high‑grade zones,” – Duncan Mackay, Vice President Exploration.

Read the original news release →

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Banyan’s first hole at the Nitra target returned five metres grading 1.62 grams per tonne of gold with true width unknown.

Drill Results Jul 13, 2026 · 06:00

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Drill Results Jul 07, 2026 · 14:57

Banyan targets a 70,000-metre drill program in the fourth quarter to advance the AurMac pre-feasibility study.

Production / Operations Jul 06, 2026 · 06:00

Banyan reports expanded high-grade domains at the Powerline deposit, though intercepts remain incremental for the large-scale bulk-tonnage system.

Drill Results Jun 26, 2026 · 16:52

Banyan Gold files a technical report for the AurMac project in Yukon, Canada.

Resource Estimate Jun 17, 2026 · 06:00

Banyan reports high-grade skarn intercepts at Southwest Powerline, reinforcing mineral potential ahead of the planned 2026 preliminary economic assessment.

Drill Results