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) 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.
Banyan Gold (OTCQB:BYAGF) agreed to acquire 100% of Generic Gold's Yukon exploration portfolio for all-share consideration of $3,000,000.
The deal covers 2,158 claims across several blocks (~350 sq km) in the Tintina Gold Belt, paid via 2,142,857 shares at $1.40, and is subject to TSX Venture approval.
Banyan Gold (OTCQB:BYAGF) reported a new NI 43-101 Mineral Resource Estimate for the AurMac project in Yukon, incorporating 42,000 m of new drilling.
The pit-constrained MRE at a 0.30 g/t Au cut-off totals 3.64 Moz indicated (167.3 Mt at 0.68 g/t) and 4.98 Moz inferred (267.2 Mt at 0.58 g/t). Indicated ounces rose about 60% versus 2025 with an 8% grade increase. A higher-grade core at 0.55 g/t cut-off contains 2.45 Moz indicated at 1.00 g/t and 2.72 Moz inferred at 0.96 g/t. Banyan plans a maiden PEA in H2 2026 and is executing a 70,000 m 2026 drill program, with over 21,000 m completed.
Banyan Gold (OTCQB:BYAGF) reported final results and a summary of its 2025, 42,000 m, 178‑hole diamond drill program at the flagship AurMac Project in Yukon, Canada.
Drilling at the Powerline and Airstrip deposits returned multiple high‑grade gold and very high‑grade Keno-style silver intercepts that will support a Mineral Resource Update and a gold-focused PEA expected in the second half of 2026.
Banyan Gold (OTCQB:BYAGF, TSXV:BYN) closed a private placement for $46.5 million on May 6, 2026: 15,500,000 flow-through shares at $1.918 (gross $29.7M) and 12,000,000 common shares at $1.40 (gross $16.8M).
Proceeds fund Yukon exploration, including a 70,000-metre drill program at AurMac; FT expenditures must be incurred by Dec 31, 2027, and renounced by Dec 31, 2026. Offering subject to final TSXV approval.
Banyan Gold (OTCQB:BYAGF, TSX-V:BYN) announced a private placement to raise up to $46.5 million through up to 15.5M flow-through shares at $1.918 and up to 12.0M common shares at $1.40.
Financing is expected to close on or about May 6, 2026; FT proceeds will fund Yukon exploration and be renounced effective Dec 31, 2026. The release reiterates AurMac and Hyland MREs and project infrastructure.