Announcement • Jul 14
Banyan Gold Intersects Additional High-Grade Gold Mineralization in Powerline Deposit Southwest of Main High-Grade Core Banyan Gold Corp. intersected additional high-grade gold mineralization in the Powerline Deposit southwest of the main high-grade core. These diamond drill intersections highlight potential to upgrade domains in a portion of Powerline, AurMac Project, Yukon, Canada. Highlights from Powerline West: AX-26-865 – 1.55 g/t Au over 5.4 metres; and 2.08 g/t Au over 4.1m, within 0.86 g/t Au over 31.4m, 1.15 g/t Au over 12.6m, and 1.24 g/t Au over 11.6m, all within 0.55 g/t Au over 151.3m. AX-26-855B – 2.44 g/t Au over 5.0m, including high-grade of 15.76 g/t Au over 0.6m. AX-26-859 – 1.49 g/t Au over 8.8m, including high-grade of 14.40 g/t Au over 0.8m. Multiple high-grade intervals, like those intersected in AX-26-865, indicate the potential to upgrade mineralized domains both laterally and within section as infilling Powerline continues. There is strong potential for discovering new continuous, high-grade zones, including Powerline Southwest, which continues to demonstrate the potential to intersect new skarn horizons associated with sheeted veins and high-grade gold mineralization. The drill program is ahead of schedule with over 33,000m completed out of the 70,000 m program. 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. Current Mineralized domains being tested during indicated infill drilling (magenta outline) have potential to be significantly upgraded as well with high-grade intervals. Lithologic domains in Powerline are dominated by metasedimentary rocks of various compositions, typically mica-chlorite schists with varying calcareous content. Domains in this section are: CLSR_4 and 5 – chlorite sericite schist; CSCH_1 and 3 – calcareous schist; sch_2 – heterogenous schist. 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 USD 3,500/oz Au conceptual pit shell are included in the MRE. Sheeted veins in the high-grade zone from 198.8-202.9m is spatially associated with calcareous metasedimentary rocks with replacement style sulphide mineralization. Within larger lithologic domains there are typically several different lithologies present, eg. AX-26-865 198.65-202.77m there are repeated intervals of calcsilicate-altered calcareous-schist with skarn-style replacement mineralization and muscovite-quartz schist with varying degrees of silicification/bleaching and sheeted quartz vein emplacement. Interval of core from AX-26-865 – 198.9-199.1m with pyrrhotite replacement mineralization overprinting calc-silicate alteration cut by mineralized sheeted quartz veins. The reported work was completed using industry standard procedures, including a quality assurance/quality control program consisting of the insertion of certified reference materials, field duplicates and coarse blanks into the sample stream and utilizing certified independent analytical laboratories for all assays. A robust system of standards, core duplicates and coarse blanks, was implemented in all Banyan drilling programs and was monitored as chemical assay data became available. All control samples were within accuracy and precision thresholds required to meet data quality standards. These control samples amounted to approximately 10% of all samples submitted to analytical laboratories. All diamond drill core was systematically logged and photographed by Banyan geology personnel. All core samples (HTW and NTW diameter) were split on-site at Banyan’s core processing facilities. Once split, half samples were placed back in the core boxes with the other half of split samples sealed in poly bags with one part of a three-part sample tag inserted within. Samples were delivered by Banyan personnel or a dedicated expediter to the Bureau Veritas, Whitehorse preparatory laboratory where samples are prepared and then shipped to Bureau Veritas’s Analytical laboratory in Vancouver, B.C. for pulverization and final chemical analysis. Core splits reported in this news release were analysed by Bureau Veritas of Vancouver, B.C., utilizing the four-acid digestion ICP-ES 35-element MA-300 or ICP-ES/MS 59-element MA-250 analytical package with FA-450 50-gram Fire Assay with AAS finish for gold on all samples. Samples returning >10 g/t Au were reanalysed by fire assay with gravimetric finish on a 50g sample (FA-550). High-grade samples with documented visible gold are also analysed using metallic screen fire assay (FS-652). Samples returning >200 g/t Ag (MA250 or MA300) were analysed by multi-acid digestion ICP-ES MA370. If samples returned > 1,500 g/t Ag, they were analysed by fire assay with gravimetric finish on a 50g sample (FA550). If samples returned > 10,000 g/t Ag, they were analysed by fire assay 2g sample (FA501). Bureau Veritas is an accredited lab following ISO/IEC 17025:2017 SCC File Number 15895. A robust system of standards, ¼ core duplicates and blanks has been implemented in the 2026 exploration drilling program and is monitored as chemical assay data becomes available. Announcement • Jul 07
Banyan Gold Intersects High-Grade Gold Mineralization At Powerline West, AurMac Project Banyan Gold Corp. intersected high-grade gold mineralization in the Powerline Deposit west of the main high-grade core. These diamond drill intersections highlight new expansion potential and domains in a portion of Powerline, AurMac Project, Yukon, Canada. Highlights from Powerline West include: AX-26-833 – 0.79 g/t Au over 13.9 metres 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. MRE blocks shown are all contained in the USD 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. 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 USD 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 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 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. 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. 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. Visible gold intersected in the majority of drillholes. Visible gold is often associated with bismuth sulphosalts or accessory sulphides. While generally associated with high-grade mineralization, visible gold does not always correlate with final gold assays. 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 129.5 154.1 24.6 0.72 including 141.0 154.1 13.1 1.12 including 146.9 148.4 1.5 5.47 and 159.9 183.6 23.7 0.40 including 159.9 160.9 1.0 2.12 and including 182.2 183.6 1.4 1.91 AX-26-857 188.8 194.9 6.1 0.42 including 188.8 190.0 1.2 1.10 and 230.0 231.9 1.9 0.33 and 249.5 254.5 5.0 0.31 and 258.5 259.7 1.2 0.36 and 268.5 270.5 2.0 0.53 AX-26-858 92.6 106.5 13.9 0.42 including 105.5 106.5 1.0 3.32 and 159.1 166.2 7.1 0.39 including 159.1 160.2 1.1 1.21 AX-26-860 53.6 61.0 7.4 0.36 including 60.2 61.0 0.8 1.29 and 92.4 93.0 0.6 1.55 and 126.5 143.9 17.4 0.30 including 126.5 127.6 1.1 2.22 and including 140.2 141.0 0.8 1.17 AX-26-861 86.0 106.0 20.0 0.62 including 87.0 96.6 9.6 1.06 including 89.0 90.0 1.0 6.29 and including 96.3 96.6 0.3 4.93 and 213.4 222.3 8.9 0.33 and 251.8 253.3 1.5 1.90 and 279.7 297.3 17.6 0.28. Calculated true widths are approx. 90% of drill intervals. Announcement • Jun 17
Banyan Gold Intersects High-Grade Gold Mineralization In New Zone At Powerline Deposit AurMac Project Yukon Banyan Gold Corp. has intersected high-grade gold mineralization in the Powerline Deposit southwest of the main high-grade core. These diamond drill intersections highlight a new potential high-grade zone at the AurMac Project, Yukon, Canada. Highlights from New Powerline Southwest Zone: AX-26-853 – 13.00 g/t Au over 9.2m within 5.58 g/t Au over 21.7m, including high-grade interval of 62.66 g/t Au over 1.8m and; 1.64 g/t Au over 11.5m within 0.70 g/t Au over 32.2m. AX-26-826 – 0.99 g/t Au over 9.4m within 0.65 g/t Au over 20.0m; including very high-grade interval of 17.30 g/t Au over 0.4m. AX-26-829 – 2.51 g/t Au over 11.7m and 2.75 g/t Au over 9.3m within 0.90 g/t Au over 38.7m; including very high-grade interval of 39.80 g/t Au over 0.5m. AX-26-830 – 0.70 g/t Au over 28.5m within 0.67 g/t Au over 56.8mm. AX-26-835 – 1.29 g/t Au over 8.0m. AX-26-842 – 0.96 g/t Au over 7.6m within 0.37 g/t Au over 33.9m. The successful step-outs from 2025 in the southwest portion of Powerline, have defined a new potential high-grade zone, highlighted with drill results of 13.00 g/t Au over 9.2m, within 5.58 g/t Au over 21.7m in hole AX-26-853, including 62.66 g/t over 1.8m. This very high-grade skarn-hosted mineralization demonstrates the potential to discover and develop new mineralized zones at Powerline and AurMac in addition to high-grade domains associated with sheeted quartz veins.