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Banyan Gold Commences Drilling at Aurex Hill, Aurmac Property, Yukon
VANCOUVER, BC / ACCESSWIRE / June 14, 2021 / Banyan Gold Corp . (the " Company " or " Bany...
About this update from Banyan Gold Corp.
[{"type":"text","content":"Banyan Gold Commences Drilling at Aurex Hill, Aurmac Property, YukonVANCOUVER, BC / ACCESSWIRE / June 14, 2021 / Banyan Gold Corp. (the \" Company \" or \" Banyan \") (TSX-V:BYN) is pleased to announce drilling has begun at the Aurex Hill Target, situated approximately one kilometre east of the Powerline Deposit on the AurMac Property, Yukon.\"Banyan is excited to return to Aurex Hill and follow-up on the near-surface gold mineralization identified in our 2020 drill program.\" stated Tara Christie, President and CEO . \"Phase 1 drilling on the Aurex Hill target should unlock the potential to develop another near-surface resource.\"Aurex Hill includes a roughly 10 sq km area defined by a large, coincident gold and arsenic-in-soil geochemical anomaly (Figure 1). Over 12,500 metres (\"m\") of historic RAB drilling from 442 shallow (less than 50 m) holes, along with 15 diamond drill holes have been collared over Aurex Hill historically (Figure 2), prior to the development of the Banyan Geological Model which was tested and validated with the 2020 drilling.A summary of highlights from the RAB drilling are presented in Table 1 - and indicate the mineralization potential of this area.Table 1: Highlights* from historic RAB Aurex Hill resultsHole IDFrom (m)To (m)Interval* (m)Au (g/t)93-1479.248.839.61.1893-15118.345.727.40.7393-1539.230.521.30.7593-15815.236.621.40.9394-803.124.421.30.7194-1149.227.418.20.7094-1216.121.315.20.9794-12912.230.518.30.7494-1336.130.524.40.7394-1619.218.39.11.5494-1676.118.312.20.8894-17415.227.412.20.7994-1849.224.415.20.7894-1933.118.315.21.4496-673.130.527.40.74* Historic drill results were reported by a previous operator, Yukon Revenue Mines Ltd., and utilized an Atlas Copco BRE 57-01 top hammer rotary percussion drill, in 1993, 1994 and 1996 exploration campaigns. Analytical results were reported to have been received from NAL lab in Whitehorse (gold - fire assay with gravimetric finish; antimony, bismuth and arsenic - atomic absorption spectroscopy); check assays were performed at Chemex Labs. Banyan has not verified the results and, therefore, they should not be relied upon. Banyan intends to verify a portion of these historically reported results as a part of this season's exploration programs.Figure 1: Phase 1 Drilling Plan showing Au-in-soil anomaly and historic diamond drill and RAB holesFigure 2: ...