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Banyan Gold Powerline Mineralization Expansion Continues, Including 0.75 G/T Gold Over 45.2 Metres, Aurmac Property, Yukon
VANCOUVER, BC / ACCESSWIRE / May 11, 2021 / Banyan Gold Corp . (the " Company " or " Banyan...
About this update from Banyan Gold Corp.
[{"type":"text","content":"Banyan Gold Powerline Mineralization Expansion Continues, Including 0.75 G/T Gold Over 45.2 Metres, Aurmac Property, YukonVANCOUVER, BC / ACCESSWIRE / May 11, 2021 / Banyan Gold Corp. (the \"Company\" or \"Banyan\") (TSXV:BYN) is pleased to announce the results from the next four diamond drill holes received from the 2021 exploration program on the AurMac Property, Yukon. These drill holes represent part of the larger, systematic 100 metre (\"m\") spaced step-out grid drilling designed to expand the Powerline Deposit.Assay highlights from these four 2021 Powerline Zone drill holes results include:0.75 g/t Au over 46.6 metres from 52.5 m in AX-21-700.55 g/t Au over 51.9 metres from surface 115.8 m in AX-21-710.48 g/t Au over 45.2 metres from 67.0 m in AX-21-692021 drilling at Powerline is designed to test the near-surface gold mineralization to a total area of over 900,000 m3, stepping out in all directions from the existing 160,000 m3 of the existing Powerline resource. Drilling continues to demonstrate exceptional potential for growth in all directions of the Powerline Resource, which resulted from a blind discovery in 2019. This set of reported holes are focused south and west of the Powerline Deposit. Mineralization identified this year is consistent with the Powerline Deposit Model, and has led to increased confidence in the mineralization model and overall AurMac exploration strategy. In addition, visible gold has been found in the following 2021 drill holes AX-21-54, AX-21-66, AX-21-67, AX-21-68, AX-21-69 and AX-21-70. Images corresponding assays from the core with visible gold are posted on the Banyan Gold website.\"We have continued to expand the drill grid around the Powerline, building upon the known mineralization rapidly and efficiently; and importantly, have intersected gold mineralization in all directions.\" stated Tara Christie, President and CEO. \"With over 6,300 m of drilling completed as of today's date and the highly encouraging metallurgical results announced last week (90% average recoveries from all ore types) Banyan continues to rapidly advance AurMac\".Figure 1: Plan map of Powerline Zone 2021 drill holes reported, planned and completed.Figure 2: Cross-section A to A' of Powerline (Looking West)Figure 3: Long-section B to B' of Powerline (Looking west)Table 1: 2021 Highlighted Powerline Diamond Drill An...