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Banyan Gold Drills 0.92 g/t Au over 63.5 m at Airstrip, Further Expanding Gold Mineralization by 300m from Existing Resource, Aurmac Property, Yukon
VANCOUVER, BC / ACCESSWIRE / February 24, 2021 / Banyan Gold Corp. (the " Company " or " B...
About this update from Banyan Gold Corp.
[{"type":"text","content":"Banyan Gold Drills 0.92 g/t Au over 63.5 m at Airstrip, Further Expanding Gold Mineralization by 300m from Existing Resource, Aurmac Property, YukonVANCOUVER, BC / ACCESSWIRE / February 24, 2021 / Banyan Gold Corp. (the \"Company\" or \"Banyan\") (TSXV:BYN) is pleased to announce the final 2020 exploration season diamond drill hole results from the Airstrip Zone, AurMac Property, Yukon (Table 1 and Figure 1).Highlights from this final set of Airstrip results include:0.92 g/t Au over 63.5 metres from 106.0 metres in MQ-20-860.89 g/t Au over 59.2 metres from 111.0 metres in MQ-20-870.62 g/t Au over 59.8 metres from 63.7 metres in MQ-20-93\"Successful step-out drilling along strike to the East, West and down-dip has shown that 2020 drilling added significantly to the mineralized volume of the Airstrip Deposit and defined continuity of mineralization in all directions.\" stated Tara Christie, President and CEO \"Significantly, MQ-20-66, MQ-20-67, MQ-20-86 and MQ-20-87 have identified the continuation of the Airstrip mineralized trend which remains open down-dip to the South and, in particular, to the West where the mineralization is showing consistent higher grade. We look forward to 2021 as a transformative year for the Company. Drilling is slated to begin early in March 2021 and it will be a very busy year for Banyan.\"Drill holes MQ-20-85 to MQ-20-89 were located in West Airstrip to follow-up on the promising results of MQ-20-66 and MQ-20-67; where noteworthy grade-width gold mineralization was encountered in Phase 1 2020 drilling (news release September 21, 2020). Consistent with the geological model, the target calcareous schist unit showed significant quartz-calcite-pyrrhotite alteration, a key indicator for gold mineralization at Airstrip. Importantly, 2020 drill results have extended the strike length of the mineral zone by approximately 300 m to the West and also down dip within the conceptual pit limits used to constrain the 2020 Airstrip mineral resource estimation. Further definition of the western strike extent of the Airstrip Deposit will be a high priority for 2021 exploration efforts as the Deposit remains open to the West where a higher-grade trend is interpreted to exist.Drill holes MQ-20-90 to MQ-20-93 were collared in East Airstrip to test areas down-dip and east of well mineralized 2019 drill results. All of the...