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Banyan Gold Drills 98 Meters of 0.71 g/t Gold; Continues to Confirm Consistent Mineralization Across Airstrip Zone - Aurex-Mcquesten Gold Project, Yukon
VANCOUVER, BC / ACCESSWIRE / December 11, 2019 / Banyan Gold Corp . (the "Company" or "Ba...
About this update from Banyan Gold Corp.
[{"type":"text","content":"Banyan Gold Drills 98 Meters of 0.71 g/t Gold; Continues to Confirm Consistent Mineralization Across Airstrip Zone – Aurex-Mcquesten Gold Project, YukonVANCOUVER, BC / ACCESSWIRE / December 11, 2019 / Banyan Gold Corp. (the \"Company\" or \"Banyan\") (TSXV: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. Phase 2 drilling was designed to expand the strike length of the mineralization of Airstrip Block \"1\", from 500 metres to >1 kilometre. These four holes, MQ-19-54 through 56 and MQ-19-64 extend and infill Airstrip mineralization over the first 250 metres east of this new zone from Block 1 and further validate the McQuesten Mineralization Geologic Model.East Airstrip Target returns broad intervals of gold mineralization including: 98 m of 0.71 g/t Au in MQ-19-5453 m of 0.31 g/t Au in MQ-19-5575 m of 0.47 g/t Au in MQ-19-5645 m of 0.26 g/t Au in MQ-19-64East Airstrip Target high grade highlights include:1.5 m of 7.77 g/t Au in MQ 19-543.0 m of 4.76 g/t Au in MQ 19-540.2 m of 16.9 g/t Au in MQ-19-56\"Airstrip Zone results continue to build out consistent, long intervals of near-surface gold mineralization within the host unit defined by Bayan's geologic model. Each successive drillhole in this new area meaningfully adds tonnage combined with 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 outlines approximately 500 metres of strike length of a well behaved, ~90 m thick prospective lithological package preferentially mineralized with gold which exists near and on surface. These latest drillholes, together with previously announced drill holes MQ-19-52 and MQ-19-53 (See Company News Release of December 2, 2019) represent continued step out drill fence lines nominally spaced at 100m intervals along trend of the postulated Eastern extent of Block \"1\". This Phase 2 drill program tested an area approximately 400m east of Block \"1\" of the Airstrip Zone Mineralized trend.Table 1: Drill hole highlights:Hole IDFrom (m)To (m)IntervalAu (g/t)(m)*MQ-19-5421.5119.5980.71Including22.6252.43.42Including46.347.81.57.77Incl...