Banyan Gold completes diamond drill program at AurMac in Canada

In Yukon Territory, Canada, Banyan Gold Corp. has successfully completed 19 diamond drill holes as part of its extensive exploration program at the AurMac Project. The company released this information on April 30, 2025, after conducting 4,500 meters of the total planned 30,000 meters for the exploration initiative. The first part of this drilling program was strategically scheduled to benefit from optimal conditions, characterized by snowpack and frozen ground, essential for accurate and effective drilling and sampling processes. The early results from drill hole AX-25-650 have revealed the presence of visible gold associated with high-grade skarn mineralization at the Airstrip Deposit, an encouraging sign for the project’s mineral potential. This drill hole was carefully designed to investigate the continuity of high-grade mineralization near the contact between a felsic dyke and calcareous metasedimentary rock. The discovery of visible gold here is significant as it marks the first such observation in this style of mineralization at the site. These intersections indicate a promising relationship between the mineralization patterns and the geological formations present in the area, suggesting a higher likelihood of substantial gold deposits under the surface. Additionally, the ongoing work in the Powerline deposit continues to show typical signs of mineralization, which reinforces the project's potential for further exploration and resource development. As of February 6, 2024, the inferred Mineral Resource Estimate (MRE) for the AurMac Project stood at approximately 7.0 million ounces of gold. This estimate reflects the mineral resources situated within easily accessible areas of the property, which spans 215.3 square kilometers near Mayo, Yukon. Despite the optimistic findings, it is important to highlight that the inferred MRE remains uncertain, adhering to the classification that lacks sufficient exploration to upgrade those resources to an indicated or measured category. The company's strategy is to continue exploration to better understand the mineralization and advance their geological models accordingly. The AurMac Project resides amid a competitive and evolving mining sector, where factors like capital costs, exploration outcomes, and regulatory approvals play critical roles in shaping project feasibility and timelines. Banyan Gold Corp. is committed to conducting responsible and thorough exploration, and they continue to embrace the challenges and opportunities presented by their mining operations in Yukon with significant prospects ahead.