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Banyan Reports 72.5 M of 1.53 g/t Gold at Powerline Deposit, Aurmac Property, Yukon

VANCOUVER, BC / ACCESSWIRE / January 10, 2022 / Banyan Gold Corp . (the " Company " or " Ba...

articleBanyan Gold Corp.January 10, 20223/company/banyan-gold/news/banyan-reports-725-m-of-153-gt-gold-at-powerline-deposit-aurmac-property-yukon
Banyan Reports 72.5 M of 1.53 g/t Gold at Powerline Deposit, Aurmac Property, Yukon

About this update from Banyan Gold Corp.

[{"type":"text","content":"Banyan Reports 72.5 M of 1.53 g/t Gold at Powerline Deposit, Aurmac Property, YukonVANCOUVER, BC / ACCESSWIRE / January 10, 2022 / Banyan Gold Corp. (the \"Company\" or \"Banyan\") (TSXV:BYN) is pleased to release analytical results from the next five (5) additional diamond drill holes received from the 2021 exploration campaign at the rapidly developing Powerline Deposit at the Company's AurMac Property ‎in the Yukon Territory (see Table 1 and Figures 1 and 2).Assay highlights from the latest batch of assays received from the 2021 exploration campaign at the Powerline Deposit include:84.5 metres (\"m\") of 1.32 g/t Au from surface (10 m) in DDH AX-21-151Including 72.5 m of 1.53 g/t Au from 22 mIncluding 3.1 m of 19.5 g/t Au from 76.2 m79.7 m of 0.43 g/t Au from 43.3 m in DDH AX-21-13651.8 m of 0.60 g/t Au from surface (4.2 m) in DDH AX-21-159\"Assays from these 100 m centered drill holes continue to demonstrate the on-surface and near-surface gold mineralization potential of the Powerline Deposit, as well as the continuity of the mineralization across this growing zone.\" stated Tara Christie, President and CEO. \"Field crews are currently preparing to resume drilling at the AurMac Property this month with a focus to follow up on the encouraging 2021 Powerline Deposit results through further expansion of the mineralized footprint.\"Results from the latest five (5) drill holes reported herein are consistent with previous exploration drill campaigns at the Powerline Deposit (see Figures 1 and 2). The areal extent of interpreted gold mineralization from surface continues to expand with every new drill hole; from the initial 250 m by 250 m of the Powerline Resource (see Table 2), to now well over 2 km x 2 km (see Figures 1 and 2).Image 1: Photographs of visible gold from: A) AX-21-136: 260.0 m to 261.6 m which assayed 1.11 g/t Au over 1.6 m; B) AX-21-159: 94.5 m to 95.6 m which assayed 1.47 g/t Au over 1.1 m; C) AX-21-159: 19.2 m to 20.1 m which assayed 0.85 g/t Au over 0.9 m; andD) AX-21-159: 37.3 m to 38.6 m which assayed 2.19 g/t Au over 1.3 mFigure 1: The Powerline Deposit and Aurex Hill Drill Program Plan Map, showing historic, completed, and proposed 2022 diamond drill holes.Figure 2: Powerline Drill Hole Locations and Drill Plan Map, showing historic, completed, and 2022 proposed diamond drill holes.Table 1: 2021 High...

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