Ticker: TSX-V: BYN
Project Stage: Exploration
At Banyan Gold Corp., our purpose is simple: Build a reputable exploration company through value driven acquisition, discovery and development.
Banyan is focused on advancing two Yukon gold properties, the Hyland Gold Project and the Aurex-McQuesten Gold Project.
The Hyland Gold Project has a National Instrument 43-101 Technical Report (NI-43-101) indicated mineral resource of 8.6 million tonnes grading 0.85 gram per tonne gold equivalent (AuEq) for 236,000 AuEq ounces with an inferred mineral resource of 10.8 million tonnes grading 0.83 g/t AuEq for 288,000 AuEq ounces at a 0.3 g/t AuEq cut-off. This resource is located in its entirety on what is known as the “Main Zone”, is open in all directions and at depth, and has the potential to host a multi-million ounce deposit.
The 9,230 ha Aurex-McQuesten Property lies in close proximity to both Victoria Gold’s Eagle Project and Alexco Resource’s Keno Hill Silver District and is highly prospective for structurally controlled, intrusion related gold-silver mineralization in relation to the Tombstone intrusive suite. The property hosts numerous known gold targets and Banyan has developed a mineralization model at the McQuesten “Airstrip” Gold target, located adjacent to the main Yukon highway and just off the main access road to the Victoria Gold open-pit, heap leach Eagle Gold mine. The Property benefits from a 3-phase powerline, existing Yukon Energy Corp. switching power station and cell phone coverage.
Banyan Gold Corp will be showcasing their projects to prospective investors at Mines and Money Online Connect. Apply for your complimentary investor pass here.