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News Réglementées
06/07/2026 12:00

Banyan Gold Expands High-Grade Domains at Powerline, AurMac Project, Yukon, Canada

VANCOUVER, BC / ACCESS Newswire / July 6, 2026 / Banyan Gold Corp. (the "Company" or "Banyan") (TSXV:BYN)(OTCQB:BYAGF) is pleased to announce it has intersected high-grade gold ("Au") mineralization in the Powerline Deposit ("Powerline") west of the main high-grade core. These diamond drill intersections highlight new expansion potential and domains in a portion of Powerline, AurMac Project ("AurMac"), Yukon, Canada.

Highlights from Powerline West:

  • AX-26-833 - 0.79 g/t Au over 13.9metres ("m") AND 1.94 g/t Au over 7.6m

  • AX-26-834 - 1.38 g/t Au over 7.7 m within 0.61 g/t Au over 21.1m

  • AX-26-841 - 1.00 g/t Au over 13.7m within 0.47 g/t Au over 41.3m

  • AX-26-844 - 0.79 g/t Au over 12.5m

  • AX-26-854 - 1.12 g/t Au over 13.1m within 0.72 g/t Au over 24.6m

  • AX-26-861 - 1.06 g/t Au over 9.6m within 0.62 g/t Au over 20.0m; including a high-grade interval of 6.29 g/t Au over 1.0m

"Banyan Gold has intersected new high-grade domains in Powerline West and visible gold in the initial drillholes of the season," stated Tara Christie, CEO and President. "With our new MRE and upgraded 3D model we are able to identify and target new domains in areas of the deposit that have not been drilled in several years. High-grade domains have been identified just outside of the conceptual pit boundary for the 2026 MRE, indicating potential for up-dip and along-strike expansion of these zones (Figures 1 and 2)."

Figure 1: Plan map of Powerline West with drill intersection highlights from this release. MRE blocks shown are all contained in the US$3,500/oz Au conceptual pit and at a cutoff of >0.3 g/t Au. Drillholes in this release highlight potential to extend and delineate new high-grade zones in the core of Powerline Southwest (Figure 2).
Figure 2: Cross-section 465750mE from Powerline West at AurMac. Mineralized domains are overlaid on the lithologic model. Mineralized domains are open up-dip and at depth, with potential to expand the mineralized envelope as well as convert significant un-estimated blocks that fall within the conceptual pit. The MRE block model is constrained by mineralized domains and the lithologic domains. Mineral Resource blocks are 10m x 10m x 5m. Only blocks >0.30 g/t Au cutoff and within the US$3,500/oz Au conceptual pit shell are included in the MRE.

Expanded mineralized domains associated with altered metasedimentary rocks hosting cross-cutting sheeted veins (Figures 3 and 4) have been identified in drilling from 2026 in Powerline West. Previous drilling in the area was completed at 100m spacing, which resulted in few mineralized domains being identified. Intersecting visible gold (Figure 5) in the first drillhole of the season, in an area previously characterized by limited high-grade mineralization, is promising for the potential to upgrade the domains as continuity is tested for indicated conversion. Additionally, it identifies potential new domains below the conceptual pit floor and north and west of the pit boundary (Figures 1 and 2).

Figure 3: Mineralized sheeted quartz veins in metasedimentary rocks in Powerline West from diamond drillhole AX-26-834, typical of intrusion-related gold systems and the majority of Powerline-style mineralization. Large (>1cm width) cross-cutting multiphase quartz veins are typically associated with high-grade domains in Powerline.
Figure 4: Mineralized sheeted quartz veins in altered metasedimentary rocks in Powerline West from diamond drillhole AX-26-833, typical of intrusion-related gold systems and the majority of Powerline-style mineralization. High densities (>3 veins per metre) of smaller cross-cutting quartz veins (approx. 1cm width) in highly altered rocks are typical of some mineralized domains in Powerline.

Table 1: Intervals from Powerline West

HOLE NUMBER

depth from

depth to

Au Interval (m)

Au Interval (g/t)

AX-26-824

131.6

153.5

21.9

0.44

including

133.4

138.0

4.6

0.93

and

238.1

252.6

14.5

0.22

and

311.0

316.9

5.9

0.30

AX-26-825

91.2

118.4

27.2

0.32

including

104.6

105.7

1.1

1.55

and including

91.2

91.6

0.4

4.49

and

136.2

147.8

11.6

0.29

AX-26-828

106.7

129.5

22.8

0.34

including

126.2

129.5

3.3

1.21

and

172.1

172.4

0.3

2.04

and

187.9

200.8

12.9

0.63

including

198.6

200.8

2.2

2.60

including

198.6

199.6

1.0

4.21

AX-26-831

90.0

109.8

19.8

0.31

including

102.3

109.1

6.8

0.51

and

121.0

125.4

4.4

0.30

and

147.8

162.3

14.5

0.33

including

161.2

162.3

1.1

2.08

and

235.5

238.6

3.1

0.76

and

315.2

321.6

6.4

0.36

AX-26-833

67.7

93.4

25.7

0.56

including

79.5

93.4

13.9

0.79

including

92.4

92.7

0.3

10.60

and

146.0

153.6

7.6

1.94

including

147.0

153.6

6.6

2.12

including

152.5

153.6

1.1

7.14

and

174.0

182.9

8.9

0.59

including

182.0

182.9

0.9

4.76

AX-26-834

54.9

72.6

17.7

0.47

including

54.9

64.0

9.1

0.58

and

150.4

163.7

13.3

0.21

including

159.3

163.7

4.4

0.43

including

159.3

159.7

0.4

3.43

and

181.0

220.0

39.0

0.43

including

191.5

193.5

2.0

5.46

and including

192.9

193.5

0.6

17.53

and including

207.0

208.4

1.4

1.25

and

244.5

265.6

21.1

0.61

and including

244.5

252.2

7.7

1.38

and including

251.7

252.2

0.5

14.65

and including

264.3

265.6

1.3

1.16

AX-26-841

128.7

130.2

1.5

1.22

and

173.6

175.3

1.7

0.96

and

218.7

260.0

41.3

0.47

including

218.7

232.4

13.7

1.00

including

218.7

220.2

1.5

7.75

AX-26-844

56.9

60.1

3.2

0.41

and

131.4

133.4

2.0

0.66

and

153.4

161.8

8.4

0.52

including

154.4

155.4

1.0

2.38

and

193.4

205.9

12.5

0.79

including

193.4

195.0

1.6

3.46

AX-26-848

70.1

71.0

0.9

1.43

and

90.3

92.1

1.8

0.44

AX-26-851

69.0

70.3

1.3

0.34

and

92.3

95.1

2.8

0.82

including

94.2

95.1

0.9

1.37

AX-26-854

64.3

76.3

12.0

0.26

and

129.5

Source : Webdisclosure.com

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