Business
Banyan Gold Drills 0.70 g/t Gold Over 50.2 Metres With Continued Expansion of Powerline Mineralization, Aurmac Property, Yukon
VANCOUVER, BC / ACCESSWIRE / June 21, 2021 / Banyan Gold Corp . (the " Company " or " Banyan ...
About this update from Banyan Gold Corp.
[{"type":"text","content":"Banyan Gold Drills 0.70 g/t Gold Over 50.2 Metres With Continued Expansion of Powerline Mineralization, Aurmac Property, YukonVANCOUVER, BC / ACCESSWIRE / June 21, 2021 / Banyan Gold Corp. (the \"Company\" or \"Banyan\") (TSX-V:BYN) is pleased to announce assay results from the next five (5) diamond drill holes received from the 2021 exploration program at the AurMac Property, Yukon. These holes continue with the systematic testing of the Powerline deposit on 100 metre (\"m\") centered step-out drilling - and continue to validate the geological model and expand the limits of known near-surface gold mineralization.Assay highlights from this set of five (5) 2021 Powerline Zone drill holes include:0.85 g/t Au over 12.2 metres from surface in AX-21-870.47 g/t Au over 26.4 metres from 25.9 m in AX-21-910.70 g/t Au over 50.3 metres from 85.1 m in AX-21-91\"Banyan continues to execute a successful exploration season, which began in February 2021, after drilling into December 2020.\" states Tara Christie, President and CEO, \"The planned Phase 1 diamond drilling at the Powerline Deposit comprised 10,476 m from 50 holes; this robust program confirmed Banyan's Powerline Geologic Model and greatly expanded the mineralized footprint outside of the original bounds of the 2020 deposit. This latest set of results, carry on with the identification of a remarkably consistent gold mineralization at Powerline and demonstrate the Powerline Deposit, open in all directions, shows particular strength to the east. Additional step-out drill fence lines will be a prime focus for the next phase of drilling at Powerline.\"Tables of complete results with collar locations are located on the Company website and will be updated regularly to include new results as they become available. Plan maps of drillhole collar locations, cross-sections and visible gold mineralization encountered from this set of holes are included in this news release and available on the Company website.Image 1: Showing a photograph of visible gold from Hole AX-21-91, which assayed 7.80 g/t over 1.5 m from 95.7 mFigure 1: 2021 Drill program at Powerline and Aurex Hill, showing historic, completed and planned diamond drill holesFigure 2: Plan map of Powerline Zone 2021 drill holes reported, planned and completedFigure 3: Section A to A' of Powerline (looking west)Figure 4: Section B to B'...