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Banyan Gold Drills 106.7 Meters Of 0.63 G/T Gold; Continues to Confirm Long Intervals of Mineralization at Airstrip- Aurex-Mcquesten Gold Project, Yukon
VANCOUVER, BC / ACCESSWIRE / December 2, 2019 / Banyan Gold Corp . (the "Company" or "Banya...
About this update from Banyan Gold Corp.
[{"type":"text","content":"Banyan Gold Drills 106.7 Meters Of 0.63 G/T Gold; Continues to Confirm Long Intervals of Mineralization at Airstrip– Aurex-Mcquesten Gold Project, YukonVANCOUVER, BC / ACCESSWIRE / December 2, 2019 / Banyan Gold Corp. (the \"Company\" or \"Banyan\") (TSX-V: BYN) is pleased to announce results from the next four (4) diamond drillholes of the recently completed 3,385m (26 hole) Phase 2 diamond drill program on the Company's Aurex-McQuesten Gold Project near Mayo, Yukon. This drilling was designed to expand the strike length of the mineralization of Airstrip Block \"1\", from 500 metres to >1 kilometre. Three of these four holes, MQ-19-46, MQ-19-52 and MQ-19-53 extended Airstrip mineralization up to 250 metres. Drillhole MQ-19-51 is the fifth and final hole from the Phase 2 drill program testing the mineralization west of ‘Block 1' (News Release November 18). All remaining drill holes from the Phase 2 program target the previously undrilled eastern extension of Airstrip mineralization and Powerline Zone.East Airstrip Target returns broad intervals of gold mineralization including: 106.7 m of 0.63 g/t Au in MQ-19-5250.7 m of 0.46 g/t Au in MQ-19-46East Airstrip Target high grade highlights include:3 m of 2.89 g/t Au in MQ 19-522.9 m of 12.49 g/t Au in MQ 19-521.5 m of 1.89 g/t Au in MQ-19-520.8 m of 4.50 g/t Au in MQ 19-461.5m of 1.68 g/t Au in MQ-19-53\"These latest Airstrip Zone results continue to impress, with each successive hole intersecting consistent intervals of near-surface gold mineralization within the host unit defined by Bayan's geologic model. Thus far the program results have increased not only overall confidence in the Airstrip Zone, but significantly expanded the target to the East with fence drilling step-outs. Assays returned to date have meaningfully added tonnage and defined higher-grade zones within a previously undrilled portion of the growing Airstrip Zone\", stated Tara Christie, President and CEO of Banyan. Block \"1\" was defined at the Airstrip Zone in 2018, and defines approximately 500 metres of strike length of a consistent, ~90 m thick prospective package of near surface and on surface mineralization. These holes represent the first in a series of step out drillholes along trend of the postulated Eastern extent of Block \"1\", which together tested and was part of the set of holes de...