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Banyan Gold Reports 72.4m of 1.73 g/t Au at the Powerline Deposit, Aurmac Property, Yukon
VANCOUVER, BC / ACCESSWIRE / December 14, 2021 / Banyan Gold Corp . (the " Company " or " B...
About this update from Banyan Gold Corp.
[{"type":"text","content":"Banyan Gold Reports 72.4m of 1.73 g/t Au at the Powerline Deposit, Aurmac Property, YukonVANCOUVER, BC / ACCESSWIRE / December 14, 2021 / Banyan Gold Corp. (the \"Company\" or \"Banyan\") (TSXV:BYN) is pleased to release assay results from eight (8) diamond drill holes of the Phase 2 exploration campaign at the rapidly developing Powerline Deposit, AurMac Property, Yukon (Table 1, Figure 1 and 2). These results continue to demonstrate that the Powerline Deposit has the potential to host near-surface gold mineralization over at least 1.2 kilometres (\"km\") strike length in the east-west direction; the continuity of this growing trend remains open in both directions.Assay highlights from this latest batch of assays received from the 2021 Powerline drilling campaign include:72.9 metres (\"m\") of 0.51 g/t Au from 29.0 m in DDH AX-21-13457.9 m of 0.61 g/t Au from 35.1 m in DDH AX-21-135118.4 m of 0.44 g/t Au from 21.3 m in DDH AX-21-13772.4 m of 1.73 g/t Au from 8.2 m in DDH AX-21-13958.0 m of 0.47 g/t Au from 15.2 m in DDH AX-21-14141.7 m of 0.66 g/t Au from 9.1 m in DDH AX-21-150\"These latest assays continue to expand the interpreted gold mineralization footprint at Powerline with 100 m step out drill holes. The continuity of mineralization across the 2 km of strike drilled is impressive.\" states Tara Christie, President and CEO. \"Field crews are beginning to wrap up after a long season having achieved our target 30,000 m of diamond drilling. Banyan will be back at drilling AurMac early in the New Year.\"Results from these latest eight (8) drill holes are consistent with previous exploration drilling campaigns at Powerline deposit (Figures 1 and 2). Visible gold is commonly observed in quartz veins that are discordant to foliation (Image 1). The areal extent of this interpreted gold mineralization has expanded from 250 m by 250 m for the existing Powerline Resource, to over 2 km x 2 km; demonstrating the potential for Powerline to add measurably to the mineral resource catalogue of AurMac.Image 1: Photographs of visible gold from: A) AX-21-137 100.3 m to 101.3 m which assayed 1.75 g/t Au over 1.0 m; B) AX-21-139 37.9 m to 39.5 m which assayed 47.2 g/t Au over 1.6 m; C) AX-21-143 103.1 m to 104.2 m which assayed 1.09 g/t Au over 1.1 m; D) AX-21-143 243.8 m to 244.8 m which assayed 1.32 g/t Au over 1.0 m.Figure 1: Drill program ...