Key facts
| Company | Banyan Gold Corp. (TSXV: BYN) |
|---|---|
| Commodity | Gold |
| Location | Canada |
| Stage | Resource definition |
About AurMac Property
The AurMac Gold Project (the “Project” or the “Property”) is located in the Mayo Mining district, approximately 40 kilometres (“km”) northeast from the village of Mayo and 356 km north of Whitehorse, within the traditional territory of the First Nation of Na-Cho Nyak Dun. The AurMac Gold Project consists of the Aurex and McQuesten projects optioned from Victoria Gold Corp. and Hecla Mining Company, respectively, as well as additional claims staked by Banyan Gold Corp. (the “Company” or “Banyan”). With the optioned claim blocks and additional staking completed by Banyan, the AurMac Property currently covers over 291 km2. Banyan has earned 100% of the Aurex and McQuesten Properties subject to royalties (refer to news release dated September 18, 2025). The projects are road accessible through the Silver Trail highway and a network of four-wheel drive roads and trails.
Mineral resource estimates
2 reported estimates, newest first. Categories are as disclosed by Banyan Gold Corp.; inferred material carries the lowest confidence and cannot support a reserve.
| Category | Tonnes | Au g/t | Au oz | Effective |
|---|---|---|---|---|
| IndicatedNI 43-101 | 112.5 Mt | 0.63 g/t | 2.27 Moz | Jun 28, 2025 |
| InferredNI 43-101 | 280.6 Mt | 0.60 g/t | 5.45 Moz | Jun 28, 2025 |
How the categories differ: Inferred vs Indicated vs Measured. Compare reports over time with the Resource Growth Tracker.
News releases49 on file
Banyan Extends Mineralization into the Airstrip–Powerline Gap at AurMac, Yukon, Intersects 1.34 g/t Au over 20.2 metres and 1.18 g/t Au over 27.5 metres
Banyan Gold reports six drillholes from the Airstrip Deposit at its AurMac Project in Yukon, Canada, including AX-26-921, which intersected 1.34 g/t Au over 20.2 metres and 1.18 g/t Au over 27.5 metres in the gap between the Airstrip and Powerline Deposits. Results from the other five holes (AX-26-904, -908, -909, -913 and -915) highlight extensions to higher-grade zones in central Airstrip.
Drill resultsBanyan Gold Intersects 1.88 g/t Gold over 17.9 Metres in the Gap Between Airstrip and Powerline, and Identifies High-Grade Gold in Airstrip Footwall at AurMac, Yukon, Canada
Drilling in the gap between the Airstrip and Powerline deposits at the AurMac Project, Yukon, returned 1.01 g/t gold over 36.1 m from 9.0 m in hole AX-26-942, including 1.88 g/t over 17.9 m and 28.70 g/t over 0.8 m. At Airstrip, holes AX-26-729 and AX-26-730 returned 1.19 g/t Au over 12.1 m and 6.79 g/t Au over 3.3 m from footwall horizons outside the conceptual pit boundary. Banyan targets comple
Drill resultsBanyan Gold Intersects 1.05 g/t Gold over 52.8 Metres and Bonanza-Grade Gold at Powerline Deposit, AurMac, Yukon, Canada
Drilling at the Powerline Deposit, AurMac Project, Yukon returned 1.05 g/t gold over 52.8 m in hole AX-26-892B (within 0.87 g/t over 69.7 m), and 149.14 g/t gold over 0.4 m in AX-26-891 within a wider 0.56 g/t over 169.2 m interval. Other holes included 1.15 g/t over 13.9 m (AX-26-876) and 1.01 g/t over 17.2 m (AX-26-895). The Company also granted 970,000 stock options at $1.90, exercisable for fi
Drill resultsBanyan Gold Confirms New Gold-Silver Discovery at Seattle Creek with 5.70 g/t Au and 544 g/t Ag over 0.5m, Nitra Project, Yukon
The first drillhole at the Seattle Creek zone on the Nitra Project in Yukon's Mayo Mining District, 25 km west of the AurMac Deposit, returned 0.91 g/t gold and 27.01 g/t silver over 12.1 m from 41.7 m, including 4.04 g/t Au over 1.4 m, within which 0.5 m returned 5.70 g/t Au and 544 g/t Ag. Only the top 95 m of the 600 m hole NT-26-006 has been assayed; remaining assays are pending. Seattle Creek
Drill resultsBanyan Gold Intersects 13.03 g/t Au over 14.2m at Powerline North, AurMac, Yukon, Canada
Drillhole AX-26-874 at the Powerline North area of the AurMac Project in Yukon returned 13.03 g/t Au over 14.2 metres, including 142.70 g/t Au over 1.0 metre, plus 0.80 g/t Au over 54.5 metres. Other holes returned 1.86 g/t Au over 13.9 metres (AX-26-840), 1.42 g/t Au over 13.5 metres (AX-26-871) and 1.17 g/t Au over 11.2 metres (AX-26-832). The intercept extends mineralization toward the largely
Drill resultsBanyan Gold Intersects High-Grade Mineralization at Newly Identified Roaring Fork Zone, Visible Gold at Seattle Creek Zone, Nitra Project, Yukon
First drilling at the Nitra Gold Project, about 25 km west of the AurMac Deposit in Yukon's Mayo Mining District, returned 1.62 g/t gold over 5.0 m, including 17.80 g/t over 0.4 m, from hole NT-26-001 at the newly identified Roaring Fork zone; assays cover only the top 285 m, with the remainder plus NT-26-002 and NT-26-006 pending. Visible gold was logged in hole NT-26-006 at the Seattle Creek zon
Drill resultsBanyan Gold Continues to Delineate High-Grade in Powerline Southwest, AurMac Project, Yukon, Canada
Diamond drilling southwest of the main high-grade core at the Powerline Deposit, AurMac Project, Yukon, returned 1.55 g/t Au over 5.4 m and 2.08 g/t Au over 4.1 m, within 0.55 g/t Au over 151.3 m in hole AX-26-865; AX-26-855B returned 2.44 g/t Au over 5.0 m, including 15.76 g/t Au over 0.6 m, and AX-26-859 returned 1.49 g/t Au over 8.8 m, including 14.40 g/t Au over 0.8 m. Over 33,000 m of the 70,
Drill resultsBanyan Gold Advances AurMac Toward a PEA with Engagement of Leading Mining Consultants, Yukon, Canada
AMC Mining Consultants (Canada) Ltd., Lycopodium (Americas) Ltd., BGC Engineering Inc. and other independent contractors have been engaged to complete the first Preliminary Economic Assessment on the AurMac Project in Yukon, expected in Q4 2026. The PEA will incorporate the May 15, 2026 mineral resource estimate of 3.639 Moz indicated gold (167.3 Mt at 0.68 g/t) and 4.985 Moz inferred (267.2 Mt at
Study resultsBanyan Gold Expands High-Grade Domains at Powerline, AurMac Project, Yukon, Canada
Diamond drilling west of the main high-grade core at the Powerline Deposit, AurMac Project, Yukon, returned 0.79 g/t Au over 13.9 m and 1.94 g/t Au over 7.6 m in hole AX-26-833, 1.38 g/t Au over 7.7 m within 0.61 g/t Au over 21.1 m in AX-26-834, 1.00 g/t Au over 13.7 m within 0.47 g/t Au over 41.3 m in AX-26-841, and 1.06 g/t Au over 9.6 m in AX-26-861, including 6.29 g/t Au over 1.0 m. Some inter
Drill resultsBanyan Gold Files Technical Report for AurMac Project, Yukon, Canada
A NI 43-101 technical report dated June 26, 2026 supporting the updated mineral resource estimate for the AurMac Project in the Mayo Mining District, Yukon, has been filed on SEDAR+. The estimate, effective May 15, 2026, comprises an Indicated Mineral Resource of 3.64 million oz gold (167.3 M tonnes at 0.68 g/t) and an Inferred Mineral Resource of 4.98 M oz gold (267.2 M tonnes at 0.58 g/t), pit-c
Study resultsBanyan Gold Intersects 5.58g/t Au Over 21.7 m in New High-grade Gold Zone at the Powerline Deposit, AurMac Project, Yukon, Canada
Diamond drilling southwest of the main high-grade core at the Powerline Deposit, AurMac Project, Yukon, returned 5.58 g/t Au over 21.7 m in hole AX-26-853, including 11.87 g/t Au over 10.1 m and 62.66 g/t Au over 1.8 m. Other holes returned 2.51 g/t Au over 11.7 m and 2.75 g/t Au over 9.3 m (AX-26-829, including 39.80 g/t Au over 0.5 m), 0.99 g/t Au over 9.4 m (AX-26-826) and 1.29 g/t Au over 8.0
Drill resultsBanyan Gold Commences Greenfields Diamond Drilling at Nitra Project, Yukon
A 2026 greenfields diamond drilling program has begun at the Nitra Project in Yukon's Tombstone Gold Belt, with two helicopter-supported drills and over 7,500 m allocated to testing regional targets identified by geophysical surveys and surface work, targeting Reduced Intrusion-Related Gold Systems. Ten targets have been identified across Nitra and the broader AurMac property, with over 95% of the
Drill resultsBanyan Expands Indicated and Inferred Mineral Resource Estimate and Improves Grade at AurMac Deposit, Yukon, Canada
An updated NI 43-101 mineral resource estimate for the AurMac Project in Yukon, with an effective date of May 15, 2026, contains Indicated resources of 3.64 million ounces of gold (167.3 M tonnes at 0.68 g/t) and Inferred resources of 4.98 M oz (267.2 M tonnes at 0.58 g/t) at a 0.30 g/t cut-off. Indicated contained ounces rose 60% and Indicated grade 8% versus the 2025 MRE, incorporating 42,000 m
Resource updateBanyan Provides Summary of 2025 Diamond Drill Program for the Flagship AurMac Project, Yukon, Canada
The 2025 AurMac delineation drill program in Yukon, Canada comprised 42,000 metres in 178 drillholes, drilled from March 27, 2026 to November 10, 2026, targeting high-grade domain and mineralized envelope extensions and waste block conversion ahead of a Preliminary Economic Assessment expected in the second half of 2026. Results included sheeted quartz vein domains with bismuth-sulphosalts and vis
CorporateBanyan Gold Announces Closing of $46.5 Million Private Placement
A $46.5 million private placement closed, comprising 15,500,000 flow-through shares at $1.918 for gross proceeds of $29.7 million and 12,000,000 common shares at $1.40 for $16.8 million. Shares are subject to a hold period expiring September 7, 2026, and the offering remains subject to final TSX Venture Exchange approval. Flow-through proceeds will fund Canadian exploration expenses on Banyan's Yu
FinancingBanyan Gold Announces $46.5 Million Private Placement
A private placement for gross proceeds of up to $46.5 million was arranged, comprising up to 15,500,000 flow-through shares at $1.918 each for up to $29.7 million and up to 12,000,000 common shares at $1.40 each for up to $16.8 million. Closing is expected on or about May 6, 2026, subject to definitive agreements and TSX Venture Exchange approval, with existing shareholders participating and no fi
FinancingBanyan Gold Continues to Intersect High-Grade Gold in Powerline, AurMac Deposit, Yukon, Canada
Additional 2025 drill results from the Powerline Deposit at the AurMac Project in Yukon include AX-25-739 with 1.55 g/t gold over 9.9 m and 0.84 g/t over 18.7 m (including 8.76 g/t over 1.5 m), AX-25-818 with 1.57 g/t over 6.6 m, and AX-26-820 with 0.86 g/t over 10.2 m, from areas classified as waste in the 2025 resource block model. Eastern Powerline results include AX-25-786 at 0.73 g/t over 75.
Drill resultsBanyan Gold Strengthens Its Management Team, Appoints Patrick Langlois as Vice President, Strategy and Corporate Development
Patrick Langlois has been appointed Vice President, Strategy and Corporate Development at Banyan Gold, effective March 30, 2026. He was previously CFO and VP Corporate Development at Probe Gold Inc. (2015–2026) and has executed over $1.3 billion of mining and resource M&A transactions. The 2026 exploration program at the AurMac Project in Yukon is underway with five drills on site and 5,749 metres
ManagementBanyan Gold Continues to Intersect High-Grade Gold Mineralization in Airstrip, Yukon, Canada
Drill results from the Airstrip Deposit at the AurMac Project in Yukon include AX-25-708 with 3.66 g/t gold over 17.6m, including 6.80 g/t over 9.3m and 35.98 g/t over 1.6m, plus 1.49 g/t over 8.8m and 0.59 g/t over 50.1m. Other holes returned 2.99 g/t over 5.7m (AX-25-782), 1.27 g/t over 8.5m (AX-25-784) and 0.50 g/t over 102.7m (AX-25-804). Results from 56 holes of the 2025 program remain pendin
Drill resultsBanyan Gold Provides Update on Pre-Existing Underlying Royalty Purchase, AurMac Project, Yukon, Canada
Franco-Nevada Corporation has entered a royalty purchase agreement with PricewaterhouseCoopers Inc., receiver for Victoria Gold Corp., to buy for $52.2 million the pre-existing net smelter return royalty covering the McQuesten and Aurex properties at Banyan Gold's AurMac Project in Yukon, per documents filed in the Ontario court on February 26, 2026. The royalty area covers 92.6 km2 (510 claims),
AcquisitionBanyan Gold Continues to Intersect Visible Gold and High-Grade Mineralization in Powerline, Yukon, Canada
Drilling at the Powerline Deposit on the AurMac Project in Yukon returned 1.82 g/t gold over 26.2m and 4.64 g/t over 7.7m within 1.06 g/t over 49.6m in AX-25-819, including 19.90 g/t over 1.5m, plus 2.10 g/t over 14.0m and 5.08 g/t over 5.0m in AX-25-821, 1.57 g/t over 6.6m in AX-25-814 and 1.70 g/t over 5.8m in AX-25-801, with associated visible gold. The 2026 drill program is underway with five
Drill resultsBanyan Gold Recognized as a 2026 TSX Venture 50 Company
Banyan Gold was named to the 2026 TSX Venture 50, the annual ranking of the top fifty performing companies on the TSX Venture Exchange out of more than 1,600 issuers, based on market capitalization growth, share price appreciation and Canadian consolidated trading value during 2025. The company cited 2025 share price appreciation of 379% and market cap growth exceeding 500%. Its main asset is the
CorporateBanyan Gold Intersects More High-Grade Mineralization in Powerline with Increased Instances of Visible Gold, Yukon, Canada
Drill results from the central Powerline Deposit at the AurMac Project in Yukon include AX-25-798 with 0.61 g/t Au over 239.2m, containing 2.00 g/t Au over 25.0m, 4.59 g/t Au over 5.0m and high-grade intervals of 26.61 g/t Au over 0.6m and 18.10 g/t Au over 1.5m. Other holes returned 1.32 g/t Au over 8.7m (AX-25-805), 0.67 g/t Au over 32.9m (AX-25-816) and 3.04 g/t Au over 6.1m (AX-25-823). Visibl
Drill resultsBanyan Gold Extends Airstrip and High-Grade Mineralization to 350m Vertical Depth, Yukon, Canada
Drilling at the Airstrip Deposit on the AurMac Project in Yukon, Canada intersected 1.37 g/t Au over 38.0 m in hole AX-25-817, including 15.87 g/t Au over 2.2 m, at approximately 350 m vertical depth and over 350 m down-dip of previous intersections. Other results included AX-25-799 with 7.04 g/t Au over 6.0 m within 0.68 g/t Au over 125.5 m, including 29.30 g/t Au over 1.4 m, and AX-25-807 with 1
Drill resultsBanyan Gold Intersects High-Grades and Visible Gold at AurMac, Yukon, Canada
Drill results from the AurMac Project in Yukon include, at the Aurex Hill Zone of the East Powerline Deposit, hole AX-25-796 grading 0.84 g/t Au over 38.9m within 0.64 g/t Au over 76.0m, including 26.35 g/t Au over 0.5m, and AX-25-802 at 2.82 g/t Au over 11.8m within 0.78 g/t Au over 51.1m. At Airstrip, AX-25-792 returned 4.25 g/t Au over 3.3m and AX-25-731 returned 2.27 g/t Au over 5.0m. Core wil
Drill resultsBanyan Gold Intersects Multiple High-Grade Mineralization Occurrences in Powerline and Airstrip Deposits, AurMac, Yukon, Canada
Drilling at the AurMac Project in Yukon returned 1.10 g/t Au over 66.6m in hole AX-25-773, including 3.79 g/t Au over 7.6m, plus 0.95 g/t Au over 29.6m; AX-25-764 returned 0.88 g/t Au over 55.3m including 1.37 g/t Au over 30.8m, and AX-25-803 returned 1.64 g/t Au over 22.3m including 5.60 g/t Au over 4.4m, with assays pending from the hole's top 100m. Visible gold was intersected at Powerline and
Drill resultsBanyan Gold District Consolidation with Claim Purchase, AurMac Project, Yukon
Banyan Gold has purchased a 100% interest in the Trail-Minto Claims, 229 quartz claims covering 46 sq km between its AurMac and Nitra properties in Yukon, from Mayo Lake Minerals Inc. for $1,000,000 cash and a 2% NSR, which Banyan may reduce to 1% with a $1,000,000 payment. All other previous royalties have been eliminated. The acquisition creates a contiguous land package of almost 720 sq km arou
AcquisitionBanyan Gold Continues to Extend Powerline Mineralization Beyond Existing Resource and Between Deposits, AurMac, Yukon, Canada
Diamond drilling at the Powerline Deposit, AurMac Project in Yukon returned 4.60 g/t Au over 5.9 m within 0.64 g/t Au over 55.4 m, including 14.90 g/t Au over 1.5 m, in AX-25-724; 1.15 g/t Au over 10.5 m within 0.74 g/t Au over 45.5 m in AX-25-690; and 4.27 g/t Au over 2.0 m within 0.62 g/t Au over 28.6 m in AX-25-694. The results extend mineralization southwest of the main deposit and between Pow
Drill resultsBanyan Gold Intersects 3.66 g/t over 17.6 m Continuing to Extend High-Grade Mineralization in Airstrip Deposit, AurMac Project, Yukon, Canada
Drilling at the Airstrip deposit on the AurMac Project in Yukon returned 3.66 g/t Au over 17.6 m in hole AX-25-708, including 6.80 g/t Au over 9.3 m and 35.98 g/t Au over 1.6 m, plus 2.04 g/t Au over 11.4 m in AX-25-703 and 1.36 g/t Au over 15.3 m in AX-25-712. The company says the high-grade core extends over 500 m along strike and nearly 300 m down dip. Banyan also granted 230,000 stock options
Drill resultsBanyan Gold - Silver Discovery with New Drilling Confirming the 2021 Results of 1841.14 g/t Ag over 16.8m at AurMac, Yukon, Canada
Visible silver mineralization has been intersected in the current drill program at the Powerline Deposit, AurMac Project, Yukon, confirming high-grade silver first drilled in 2021. Reported intercepts include 1,841.14 g/t Ag over 16.8 m within 302.68 g/t Ag over 103.6 m in AX-21-142, including 14,629 g/t Ag over 1.1 m, plus 7.93 g/t Ag over 162.3 m in AX-21-143 and 10.38 g/t Ag over 18.6 m in AX-2
Drill results