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Banyan Intersects 1.07 G/T Gold Over 45 Metres at Powerline Deposit, Aurmac Property, Yukon
VANCOUVER, BC / ACCESSWIRE / September 6, 2022 / Banyan Gold Corp . (the " Company " or " Ban...
About this update from Banyan Gold Corp.
[{"type":"text","content":"Banyan Intersects 1.07 G/T Gold Over 45 Metres at Powerline Deposit, Aurmac Property, YukonVANCOUVER, BC / ACCESSWIRE / September 6, 2022 / Banyan Gold Corp. (the \"Company\" or \"Banyan\") (TSXV:BYN)(OTCQB:BYAGF) is pleased to announce the analytical results from thirty-six (36) diamond drill holes completed during the Company's 2022 exploration program at the Powerline deposit (the \"Powerline Deposit\") located on the Banyan's AurMac Property.Assay highlights include:131.0 metres (\"m\") of 0.41 g/t Au in AX-22-21745.0 m of 1.07 g/t Au in AX-22-221175.8 m of 0.57 g/t Au in AX-22-22448.7 m of 0.61 g/t Au in AX-22-22955.4 m of 0.49 g/t Au in AX-22-230185.8 m of 0.43 g/t Au from surface in AX-22-231109.7 m of 0.40 g/t Au in AX-22-23496.0 m of 0.56 g/t Au from surface in AX-23551.7 m of 0.61 g/t Au in AX-22-24068.8 m of 0.82 g/t Au in AX-22-243114.7 m of 0.40 g/t Au in AX-22-24646.3 m of 0.69 g/t Au in AX-22-249\"The ongoing 2022 drill program continues to expand the gold mineralized footprint of the Powerline and Aurex Hill Deposits on the AurMac Property,\" Tara Christie, President & CEO of Banyan stated. \"With over 38,000 m of drilling now complete in 2022, consistent and widespread gold mineralization from surface continues to demonstrate there is considerable expansion potential of the Resources on the AurMac Property\"Results from these thirty-six (36) 2022 drill holes are consistent with previous exploration drill results at the Powerline Deposit (see Table 1, Figures 1 and 2) and the areal extent of interpreted gold mineralization from near/on-surface continues to be confirmed with each batch of assay results received.The Powerline and Aurex Hill gold deposits are contained within a metasedimentary package consisting of predominately schists, quartzites and limestones of the Late Proterozoic to Cambrian Hyland Group. Gold mineralization here is chiefly associated with low angle quartz-sulfosalt-arsenopyrite veins seen crosscutting all lithologies and is interpreted to be associated with a large intrusion related gold system typical of the Tombstone Gold Belt and Selwyn Basin gold deposits. A strong bismuth-gold association has been identified at AurMac and is currently being utilized to establish exploration vectors over the Property.Notable instances of visible gold identified from these holes are shown in Image 1. ...