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Banyan Gold Reports 110.7 M of 0.62 g/t AU and Continued Growth at the Powerline Deposit, Aurmac Property, Yukon
VANCOUVER, BC / ACCESSWIRE / August 23, 2021 / Banyan Gold Corp . (the " Company " or " Banya...
About this update from Banyan Gold Corp.
[{"type":"text","content":"Banyan Gold Reports 110.7 M of 0.62 g/t AU and Continued Growth at the Powerline Deposit, Aurmac Property, YukonVANCOUVER, BC / ACCESSWIRE / August 23, 2021 / Banyan Gold Corp. (the \"Company\" or \"Banyan\") (TSXV:BYN) is pleased to announce the results from the next five drill holes which have been received for the Powerline Deposit, AurMac Property, Yukon. Step-out grid-based drilling continues to identify significant intervals of consistent gold mineralization further expanding the mineralization footprint of this impressive and growing on and near-surface gold deposit. Gold mineralization remains open in all directions and current drilling activities are now focused on resource expansion to the east and west of Powerline Phase 1 drilling completed in July.Assay highlights from this series of drill results include:45.7 metres of 0.69 g/t Au from surface in DDH AX-21-9352.3 metres of 0.70 g/t Au from 119.9m in DDH AX-21-95110.7 metres of 0.62 g/t Au from 96.6m in DDH AX-21-99195.9 metres of 0.54 g/t Au from surface in DDH AX-21-100Including 24.8m of 1.51 g/t Au\"The ongoing results are steadily and strongly demonstrating the size potential of the Powerline Deposit,\" states Tara Christie, President and CEO. \"It's extremely rare to outline a near-surface deposit of this size and tenor immediately adjacent to an existing highway, communications and power infrastructure. The Company is fully funded through 2022 and plans an aggressive drill campaign designed to continue to expand and define resources towards an updated AurMac Mineral Resource in 2022.\"Video to accompany this news release is located on our website.Image 1: Photograph of visible gold from 140.8 metres (\"m\") to 142.0 m in AX-21-99, which assayed 4.65 g/t over 1.2 m.Figure 1: 2021 Drill program at Powerline and Aurex Hill, showing historic, completed and planned diamond drill holes.Figure 2: Plan map of Powerline Zone 2021 drill holes reported, planned and completed.Figure 3: Sections for Figure 2 (looking west).Table 1: 2021 Highlighted Powerline Diamond Drill Analytical ResultsHole IDFrom (m)To (m)Interval* (m)Au (g/t)AX-21-937.653.345.70.69including9.114.65.51.03Including23.524.71.21.59Including35.136.61.55.48Including38.139.21.11.14including40.441.51.11.03and71.375.64.30.5and119.4123.03.61.24including121.9123.01.13.24and144.3148.74.40.35AX-21-9534.335.61.30....