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Banyan Gold Corp. reports developments tied to its AurMac Project in Canada's Yukon Territory, where the company advances gold exploration and resource definition across deposits including Powerline and Airstrip. Recurring updates include drill results for gold and silver mineralization, mineral resource and technical-study work, and project infrastructure context for the 303-square-kilometre property near Mayo.
Company news also covers capital actions such as private placements and flow-through share financings, management and corporate-development appointments, shareholder voting matters, and other capital-structure disclosures for the TSX Venture- and OTCQB-quoted issuer.
Banyan Gold (OTCQB:BYAGF, TSXV:BYN) reported a new high-grade gold-silver discovery at the Seattle Creek zone on its 100%-owned Nitra Project in Yukon, about 25 km west of the AurMac deposit. The first drillhole at Seattle Creek (NT-26-006) returned 0.91 g/t gold and 27.01 g/t silver over 12.1 m from 41.7 m depth, including 4.04 g/t gold over 1.4 m and a 0.5 m interval grading 5.70 g/t gold and 544 g/t silver. Only assays from the top 95 m of this 600 m hole have been received, with true widths estimated at roughly 80% of drill intervals.
Seattle Creek is the second of eleven greenfield targets being tested in Banyan’s 2026, 7,500 m helicopter-supported diamond drilling program at Nitra and AurMac, covering an 830 sq km land package. Additional visible gold has been identified in Roaring Fork drillhole NT-26-002, with assays pending.
Banyan Gold (OTCQB:BYAGF) reported new high-grade gold intercepts from the Powerline North area of its AurMac Project in Yukon, Canada. Key hole AX-26-874 returned 13.03 g/t Au over 14.2m (true width ~12.8m), including 142.70 g/t Au over 1.0m, and 0.80 g/t Au over 54.5m. Additional holes (AX-26-832, -840, -845, -850, -871) intersected broad zones of near-surface mineralization with multiple higher-grade sub-intervals, suggesting continuity of gold between the Powerline and Airstrip deposits in an area largely classified as unmineralized in the current model.
According to Banyan, the 2026 drill program targets resource conversion and delineation of higher-grade domains. AurMac’s May 15, 2026 pit‑constrained Mineral Resource Estimate stands at 3.639 Moz indicated (167.3 Mt at 0.68 g/t Au) and 4.985 Moz inferred (267.2 Mt at 0.58 g/t Au, 0.30 g/t cut‑off).
Banyan Gold (OTCQB:BYAGF) reported initial greenfields drilling results from its 100%-owned Nitra gold project in Yukon, about 25 km west of the AurMac deposit. First hole NT-26-001 at the newly identified Roaring Fork zone intersected 1.62 g/t Au over 5.0 m, including 17.80 g/t Au over 0.4 m, plus several broader low-grade intervals. Visible gold and mineralized quartz veins with bismuth-sulphosalts were also logged at the Seattle Creek zone in hole NT-26-006. The 2026 program targets over 7,500 m of diamond drilling across 11 regional targets to identify additional Reduced Intrusion-Related Gold Systems around AurMac, which hosts an indicated resource of 3.639 Moz Au and inferred resource of 4.985 Moz Au.
Banyan Gold (OTCQB:BYAGF, TSXV:BYN) reported additional high-grade gold intersections from diamond drilling at the Powerline Deposit, part of the AurMac Project in Yukon, southwest of the main high-grade core. Key intercepts include AX-26-865 with 0.55 g/t Au over 151.3 m, hosting higher-grade zones such as 1.55 g/t Au over 5.4 m and 2.08 g/t Au over 4.1 m. AX-26-855B returned 2.44 g/t Au over 5.0 m, including 15.76 g/t Au over 0.6 m, while AX-26-859 cut 1.49 g/t Au over 8.8 m with a 14.40 g/t Au over 0.9 m sub-interval. Banyan said over 33,000 m of a planned 70,000 m 2026 drill program are complete, focused on upgrading inferred to indicated resources and expanding mineralization beneath the conceptual pit. AurMac’s current pit-constrained Mineral Resource Estimate, effective May 15, 2026, totals 3.639 Moz Au indicated and 4.985 Moz Au inferred at a 0.30 g/t Au cut-off.
Banyan Gold (OTCQB:BYAGF) engaged AMC Mining Consultants, Lycopodium and BGC Engineering to complete the first Preliminary Economic Assessment (PEA) for its AurMac gold project in Yukon, targeted for Q4 2026.
The PEA will use the May 15, 2026 AurMac MRE of 3.639 Moz indicated and 4.985 Moz inferred gold and benefit from strong local infrastructure. Banyan also outlines updated MREs for its Hyland project and ongoing large-scale drilling across its Yukon portfolio.
Banyan Gold (OTCQB:BYAGF) reported new high-grade gold intercepts at the Powerline deposit, AurMac project, Yukon. Drilling at Powerline West returned intervals such as 1.94 g/t Au over 7.6 m and 6.29 g/t Au over 1.0 m, expanding high-grade domains near and below the conceptual pit.
The current AurMac Mineral Resource Estimate, effective May 15, 2026, totals 3.639 Moz indicated and 4.985 Moz inferred gold at a 0.30 g/t cut-off, with work supported by detailed QA/QC and accredited lab analysis.
Banyan Gold (OTCQB:BYAGF) filed a NI 43-101 Technical Report for its AurMac Project in Yukon on June 26, 2026, supporting an updated pit-constrained Mineral Resource Estimate.
The MRE, effective May 15, 2026, outlines 3.639 Moz indicated and 4.985 Moz inferred gold at a 0.30 g/t cut-off across the near-surface Airstrip and Powerline deposits.
Banyan Gold (OTCQB:BYAGF) reported new high-grade gold intercepts from the Powerline deposit at the AurMac project in Yukon, defining a potential new southwest high-grade zone. Key hole AX-26-853 intersected 5.58 g/t Au over 21.7 m, including 13.00 g/t Au over 9.2 m and 62.66 g/t Au over 1.8 m.
The AurMac project hosts a May 15, 2026 pit-constrained Indicated resource of 3.639 Moz Au (167.3 Mt at 0.68 g/t) and Inferred resource of 4.985 Moz Au (267.2 Mt at 0.58 g/t) at a 0.30 g/t cut-off.
Banyan Gold (OTCQB:BYAGF) has started its 2026 greenfields diamond drilling program at the Nitra Project in the Yukon’s Tombstone Gold Belt. About 7,500+ metres are budgeted to test regional Reduced Intrusion-Related Gold System targets around the AurMac deposit.
Over 28,000 metres have already been drilled in 2026 at AurMac’s Airstrip and Powerline deposits, supporting engineering and study work toward a preliminary economic assessment planned for H2‑2026.
Banyan Gold (OTCQB:BYAGF) completed the acquisition of Generic Gold's 100% Yukon exploration portfolio, totaling 2,158 claims in the Tintina Gold Belt. Consideration was 2,142,857 Banyan shares at a deemed price of $1.40, largely free of royalties except a 1% NSR on specific claims.
Banyan also granted 50,000 stock options at $1.15. The company highlights its AurMac Project MRE of 3.639 Moz indicated and 4.985 Moz inferred gold, plus additional Hyland and Nitra gold projects in Yukon.