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. Announcement • Jun 15
Banyan Gold Commences Greenfields Diamond Drilling At Nitra Project Banyan Gold Corp. commenced the 2026 greenfields exploration diamond drilling program at its Nitra Project in the Tombstone Gold Belt, Yukon. The helicopter supported diamond drill program is intended to expand Banyan’s exploration pipeline and identify potential satellite deposits in the highly prospective greenfields zones surrounding the AurMac deposit. Two diamond drills at Nitra focused on advancing and testing drill targets identified through geophysical surveys and surface work. 7,500m+ are allocated to testing regional targets, with the treasury to support upsizing with exploration success. Geophysical surveys and surface work to expand regional datasets with a primary focus on discovery of additional expressions of Reduced Intrusion-Related Gold Systems. Banyan has identified 10 highly prospective targets on its broader Nitra and AurMac property, distal to the existing Resource. Regional targets have been identified using new geophysical surveys in combination with soil sampling anomalies, knowledge of placer mining locations and prospecting. Approximately 7,500m of diamond drill budget for 2026 is allocated to testing RIRGs potential at these high priority targets. Over 95% of AurMac and Nitra has not been tested by drilling to date; the majority of exploration has been limited to surficial geochemical work and airborne geophysical surveys. The western portion of Nitra is approx. 20km south-east of Sitka Gold’s RC Gold Project, within the prolific Tombstone Gold Belt which hosts the Brewery Creek deposit, Snowline Gold’s Valley Project, Prospector Metals’ ML project, the Eagle mine, and the Fort Knox mine. Drilling commenced for the 2026 season at the AurMac Project in February and over 28,000 m has been drilled to date on the Airstrip and Powerline Deposits. Drilling is being complemented by geophysical surveys, ongoing metallurgical work, geotechnical work and environmental surveys, along with engineering studies required for a preliminary economic assessment of the AurMac Project in H2-2026. The current Mineral Resource Estimate for the AurMac Project has an effective date of May 15, 2026 and comprises an Indicated Mineral Resource of 3.639 million ounces of gold (167.3 M tonnes at 0.68 g/t) and an Inferred Mineral Resource of 4.985 Moz of Au (267.2 M tonnes at 0.58 g/t). The 303 square kilometres AurMac Project lies 40 kilometres from Mayo, Yukon. The AurMac Project is transected by the main Yukon highway and benefits from a 3-phase powerline, existing power station and cell phone coverage. In addition to the AurMac Project, the Company holds the Hyland Gold Project, located 70 km Northeast of Watson Lake, Yukon, along the Southeast end of the Tintina Gold Belt in the Traditional Territory of the Kaska Nations, closest to the Liard First Nation and Daylu Dena Council. The Hyland Project represents a sediment hosted, structurally controlled, intrusion-related gold deposit, within a large land package (over 125 sq km), accessible by a network of existing gravel access roads. The updated MRE comprises an Indicated Mineral Resource of 337 thousand ounces of gold and 2.63 million ounces of silver (11.3 M tonnes at 0.93 g/t Au and 7.27 g/t Ag), and an Inferred Mineral Resource of 118 Koz of Au and 0.86 Moz Ag (3.9 M tonnes at 0.95 g/t Au and 6.94 g/t Ag) effective September 1, 2025 and with technical report filed on SEDAR+ on October 27, 2025. Banyan also holds the Nitra Gold Project, a grassroots exploration project located in the Mayo Mining District, approximately 10 km west of the AurMac Gold property. The Nitra Property lies in the northern part of the Selwyn Basin and is underlain by metaclastic rocks of the Late Proterozoic Yusezyu Formation of the Hyland Group, similar to lithologies hosting portions of the AurMac Project. Middle Cretaceous Tombstone Plutonic suite intrusions occur along the property including the Morrison Creek and Minto Creek stocks. Announcement • Jun 13
Banyan Gold Corp. (TSXV:BYN) acquired Yukon Exploration Portfolio from Generic Gold Corp. (CNSX:GGC) for CAD 3 million. Banyan Gold Corp. (TSXV:BYN) entered into a definitive agreement to acquire Yukon Exploration Portfolio from Generic Gold Corp. (CNSX:GGC) for CAD 3 million on June 3, 2026. The consideration consists of 2.14 million common equity of Banyan Gold Corp. having a value of CAD 3 million to be issued for assets of Yukon Exploration Portfolio. As part of consideration, CAD 3 million is paid towards assets of Yukon Exploration Portfolio. The consideration shares will be subject to a contractual one-year hold period. The portfolio comprises 2,158 claims across the Goodman, Seattle, VIP, Summit and Livingstone claim blocks. The properties are being acquired free and clear of encumbrances, other than a 1% net smelter returns royalty on specific claims.
The transaction is subject to customary closing conditions, including the approval of the Canadian Securities Exchange and the TSX Venture Exchange.
Banyan Gold Corp. (TSXV:BYN) completed the acquisition of Yukon Exploration Portfolio from Generic Gold Corp. (CNSX:GGC) on June 11, 2026. The properties were acquired free and clear of royalties and encumbrances, other than a pre-existing 1% net smelter returns royalty on specific claims.