Northwire Canada EditionFriday, July 31, 2026
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NMI 0.195 +0.0% TKO 9.87 +4.4% ELD 45.89 +2.2% DG 0.045 +12.5% TNGD 6.33 +3.4% DPM 52.30 +6.1% EPL 0.180 +2.9% NTH 0.160 +3.2% GGM 0.035 +0.0% ITR 3.01 +4.9% CS 13.25 +3.5% EMO 0.325 +1.6% CAN 0.050 −9.1% MOON 7.40 +3.4% FG 0.035 +0.0% SBMI 0.125 +0.0% NMI 0.195 +0.0% TKO 9.87 +4.4% ELD 45.89 +2.2% DG 0.045 +12.5% TNGD 6.33 +3.4% DPM 52.30 +6.1% EPL 0.180 +2.9% NTH 0.160 +3.2% GGM 0.035 +0.0% ITR 3.01 +4.9% CS 13.25 +3.5% EMO 0.325 +1.6% CAN 0.050 −9.1% MOON 7.40 +3.4% FG 0.035 +0.0% SBMI 0.125 +0.0%
Drill Results Material +

Banyan Gold Intersects More High-Grade Mineralization in Powerline with Increased Instances of Visible Gold, Yukon, Canada

Yukon’s Seven-Million-Ounce Giant Sharpens Its Teeth as Visible Gold Expands Powerline Footprint

By The Northwire Desk — AI Analysis Feb 17, 2026 · 06:00 BYN · 1.05 Banyan Gold Corp.
Executive Summary

The news release on February 17, 2026, reports significant drilling results from the Powerline Deposit at the AurMac Project in Yukon. The highlight is hole AX-25-798, which intersected 239.2 meters of 0.61 g/t Au, including higher-grade segments of 25.0 meters of 2.0 g/t Au and 5.0 meters of 4.59 g/t Au. Crucially, visible gold was identified in every drill hole reported in this batch, spanning a 500-meter zone in the center of the Powerline deposit. These results are intended to support an upcoming Mineral Resource Estimate (MRE) update and a subsequent Preliminary Economic Assessment (PEA).

Material Impact

This release is a material positive for the company’s valuation for several reasons: - Continuity and Grade: The 239-meter intercept confirms the bulk-tonnage nature of the deposit while internal high-grade intervals (2.0 g/t and 4.59 g/t) provide the "sweeteners" necessary for a potential starter pit in a future PEA. - Visible Gold Frequency: Identifying visible gold in all seven holes over a 500-meter strike length indicates a robust and predictable mineralization system, which reduces geological risk. - Strategic Timing: These results arrive just as the company prepares to shift from pure exploration to economic studies (PEA). Higher-grade, near-surface results are essential for improving the projected internal rate of return (IRR) in such studies. - Resource Upgrade: The drilling supports the conversion of Inferred resources into the Indicated category, a prerequisite for the PEA.

BYN · Price
Company Overview

Banyan Gold is focused on its flagship AurMac Project in the Yukon, Canada. - Flagship Project: AurMac Project (291 sq km), adjacent to the former Victoria Gold Eagle mine and Hecla’s Keno Hill silver mine. - Current Resource: 2.274 Moz Indicated at 0.63 g/t Au and 5.453 Moz Inferred at 0.60 g/t Au (Effective June 2025). - Development Stage: Advanced exploration moving toward a PEA. - Ownership: 100% interest inMcQuesten and Aurex properties (the core of AurMac) was secured in September 2025 after an accelerated earn-in from the Victoria Gold receiver.

Read the original news release →

More from Banyan Gold Corp.

Jul 28, 2026 · 06:00

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

Banyan’s thick low-grade infill interval confirms bulk-tonnage potential, while thin high-grade hits remain immaterial.

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