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Results Reported for Definition Drilling at Airstrip Area, AurMac Gold Project, Yukon
CRANBROOK, BC / ACCESS Newswire / February 3, 2025 / Eagle Royalties Ltd. (CSE:ER.CN) or ("Ea...
About this update from Eagle Plains Resources Ltd.
[{"type":"text","content":"Results Reported for Definition Drilling at Airstrip Area, AurMac Gold Project, YukonCRANBROOK, BC / ACCESS Newswire / February 3, 2025 / Eagle Royalties Ltd. (CSE:ER.CN) or (\"Eagle Royalties\") has recently learned of encouraging drill hole intercepts in the Airstrip inferred resource area of Banyan Gold Corp.'s AurMac project in central Yukon (see Jan 29th BYN news release here). Eagle Royalties holds royalty interests of 2% or 1% (with no buy-down provision) on the entirety of the claims overlying the Airstrip resource area. See additional AurMac royalty information hereAccording to the recent announcement, Banyan has reported results for 9 of 25 holes which appear to be drilled within the Airstrip resource area, with 7 of the holes falling within the 2% NSR area, and 2 within the 1% NSR area. Highlighted reported results for the recently announced holes are as follows*:Highlighted Airstrip Assay Results Relating to Eagle Royalties**:AX-24-597: 36.2 metres (\"m\") of 1.14 g/t Au from 20.8 mAX-24-598: 21.7 m of 1.35 g/t Au from 51.3 mAX-24-600: 23.4 m of 1.35 g/t Au from 36.7 mAX-24-602: 65.5 m of 0.53 g/t Au from surface (3.2 m)AX-24-604: 46.4 m of 1.31 g/t Au from 55.8 mAX-24-609: 68.1 m of 0.37 g/t Au from 38.9 mAX-24-612: 64.5 m of 0.36 g/t Au from 149.5 mAX-24-615: 62.5 m of 0.44 g/t Au from 133.4 m*Complete analytical results can be found within the original Banyan news release here**true widths are estimated to be approximately 90% of drilled intervalsSee drill-hole locations hereThe above technical information relating to drill collar location and analytical results have been taken directly from the Banyan Gold news release dated January 29th, 2025. More detailed drilling information, analytical procedures and results are available in the full news release issued by Banyan. Eagle Royalties management believes that although the reported true thickness estimates and drill collar location coordinates are accurate, it cautions that ER does not have detailed geological data or final surveyed locations of the drill hole traces in relation to the claims that are underlain by the ER royalty interests.As reported by Banyan, the company initiated its 2024 exploration program on June 1 2024, and has completed 118 drill-holes and over 21,000 m of drilling within the Powerline and Airstrip deposit areas. Drilling was reportedly co...