Commodities
Banyan Gold Intersects High-Grade Mineralization at Newly Identified Roaring Fork Zone, Visible Gold at Seattle Creek Zone, Nitra Project, Yukon
VANCOUVER, BC / ACCESS Newswire / July 28, 2026 /Banyan Gold Corp. (the "Company" or "Banyan") (TSX-V:BYN)(OTCQB:BYAGF) is pleased to announce it has intersected visible gold and high-grade mineralization in its first exploration drillholes at the ...
About this update from Banyan Gold Corp.
VANCOUVER, BC / ACCESS Newswire / July 28, 2026 / Banyan Gold Corp. (the "Company" or "Banyan") (TSX-V:BYN)(OTCQB:BYAGF) is pleased to announce it has intersected visible gold and high-grade mineralization in its first exploration drillholes at the Nitra Gold Project ("Nitra"). These intersections have potentially identified new discoveries within the Roaring Fork zone and Seattle Creek zone at Nitra, approximately 25 km west of the AurMac Deposit on claims owned 100% by Banyan with no underlying royalties. These are the first two of eleven exploration targets that Banyan has identified on it's broader 830 sq km AurMac and Nitra land packages in the Mayo Mining District, Yukon. Highlights from Roaring Fork Zone at Nitra: *Note: This release contains gold fire assays from top of hole to 285m, see text below. "We are very excited to report The Roaring Fork Discovery at Nitra, indicating a new mineralized system 25 km west of the AurMac footprint (Figure 1)," stated Tara Christie, President and CEO. "Diamond drillhole NT-26-001 intersected visible gold, high densities of mineralized extensional veining and high-grade gold mineralization associated with quartz veins and bismuth-sulphosalts similar to what we see at AurMac and within the top 80 metres from surface. We are also pleased to announce a second target zone approximately 5 km north at Seattle Creek, with large extensional quartz veins with multiple visible gold instances, bisthmuth sulphosalts, and sulphide replacement style mineralization of calcareous metasedimentary rocks. While it is early days in understanding the scope of these discoveries, we are seeing similar vein hosted mineralization in adjacent drillholes." In June 2026, Banyan announced the commencement of its greenfields exploration diamond drilling program at Nitra. The Nitra project benefits from a network of extensive roads established by previous and ongoing placer mining activities near the targets. The diamond drill program is utilizing two helicopter supported drills to minimize initial footprint and expedite testing of the targets. Over 7,500 metres of drilling will be completed to test 11 regional targets identified through new geophysical surveys, soil geochemical anomalies, knowledge of placer-mining locations, and prospecting. The objective of the program is to identify potential satellite deposits by discovering additional ...