Banyan Gold Corp. · TSXV:BYN
Banyan Gold — Investor Presentation (March 2025)
26 slides from Banyan Gold's investor presentation, Mar 7, 2025
Slide 1: Gold In Canada for $5/ounce – Corporate Presentation
TSXV:BYN | OTCQB:BYAGF | FRANKFURT:BAJ Gold In Canada for $5/ounce Corporate Presentation March 7, 2025 1
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation contains forward-looking information, which is not comprised of historical facts and is based upon the Company’s current internal expectations, TSXV:BYN | OTCQB:BYAGF estimates, projections, assumptions and beliefs. Such information can generally be ident
Slide 3: Top Five Reasons to Invest in Banyan
TOP FIVE 1 2 3 REASONS TO TSXV:BYN | OTCQB:BYAGF INVEST IN BANYAN SIZE & SCALE HIGH GRADE LEADERSHIP POTENTIAL 7.0 M potential +300,00 oz per Improved Geological model Track Record of Success 7 Million oz. year – Tier 1 Understanding of Higher-grade Capital/Treasury management trends Mine Building C
Slide 4: Leadership – Proven History of Achievement
LEADERSHIP – PROVEN HISTORY OF ACHIEVEMENT MANAGEMENT TEAM TSXV:BYN | OTCQB:BYAGF Tara Christie David Rutt Kai Woloshyn Jasmine Sangria Duncan MacKay MASc, P.Eng CMA, CPA BSc MBA MSc, P.Geo President & Chief Executive Officer Chief Financial Officer VP Project Development VP Corporate Communications
Slide 5: Leadership – Record of Value Creation
LEADERSHIP – RECORD OF VALUE CREATION BOARD OF DIRECTORS ADVISORS TSXV:BYN | OTCQB:BYAGF Marc Steve Hayley David Henry Jason Brad Paul James Frank Tara Christie Burleton Halsall-Whitney Reid Marsden Neal Thrall Blythe Gray Thom Wright MASc, P.Eng MBA, CFA MASc, MBA, P.Eng LLB MSc BBA BSc, MBA P.Eng
Slide 6: Pit Constrained Inferred Resource
ra a7 winiotBe Pit Constrained Inferred Resource ex AIRSTRIP. 845,000 oz Au at0.75 gf at 0.30 g/t Au cutoff POWERLINE 6,158,000 oz Au at 0.63 g/t at 0.30 y aft Au cutoff
Slide 7: Yukon Tombstone Belt – World Class Gold Endowment
YUKON TOMBSTONE BELT WORLD CLASS GOLD ENDOWNMENT Property/Explorer Proven & Inferred Indicated Probable Ounces (M Oz) Ounces (M Oz) Brewery Creek 1.02 M Oz Au 0.12 M Oz Au (Victoria Gold) RC (Sitka Gold) 1.5 M Oz Au 1.3 M Oz Au Eagle (Victoria 3.3 M Oz Au 4.4 M Oz Au Gold) (M&I) Raven (Victoria 1.1
Slide 8: Potential for Resource and Grade Growth
POTENTIAL LESS THAN 5% OF LAND PACKAGE HAS EXPLORATION FOR RESOURCE TSXV:BYN | OTCQB:BYAGF AND GRADE GROWTH <200m from surface PIT CONSTRAINED RESOURCE ESTIMATE 7 MILLION oz. @ 0.63 g/t Au February 7, 2024* Reference Ne ws Rele ase Febru ary 7, 2024, Marc Jutras, P.Eng, M.A.Sc., 5 km Gin to Consulti
Slide 9: Capitalization
CAPITAL Current Price $0.25 52 Week High/Low $0.38/0.15 CAPITALIZATION STRUCTURE Shares Outstanding MARKET 329.8 M Market Capitalization ~ $85 M (Basic) TSXV:BYN | OTCQB:BYAGF SHAREHOLDER OWNERSHIP Fully Diluted 361.2 M Cash (Dec 2024) $11 M Options Outstanding 31.4 M Warrants 0 REVENUE $1.5M IN 202
Slide 10: Financings and Coverage
FINANCINGS TSXV:BYN | OTCQB:BYAGF Richard Gray Don Blyth June 2024 June 2022 Cormark Paradigm $14.3 M $17 M Price target $0.50 Price Target $ 0.85 ➢ $8.8 M Charity at 0.38 ➢ $16.2 M Charity at $0.63 ➢ $5.0 M FT at 0.34 ➢ $5.3 M FT at $0.55 ➢ $500K at 0.27 ➢ $8.6 M at $0.45 December 2022 July/August
Slide 11: 2025 Focus: Funded for Grade, Scale & Maiden Economics
2025 FOCUS: FUNDED FOR TSXV:BYN | OTCQB:BYAGF GRADE, SCALE & MAIDEN ECONOMICS 2025 CATALYSTS 2025 STRATEGIC EXPLORATION ➢ 10,000 m + of drilling ➢ Q2: Resource ➢ Proximal AurMac Extensions Update ➢ Extensions of High-Grade Success from 2024 ➢ Geophysical Targets – Proximal to AurMac ➢ Q2-Q3: Drillin
Slide 12: 2024 Testing High Grade Trends
2024 TESTING HIGH GRADE TRENDS • AX-24-597: 36.2 m of 1.14 g/t Au from 20.8 m • AX-24-598: 21.7 m of 1.35 g/t Au from 51.3 m • AX-24-600: 23.4 m of 1.35 g/t Au from 36.7 m • AX-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 m 12
Slide 13: Defining High Grade Zones
DEFINING HIGH GRADE ZONES 7 MILLION oz. @ 0.63 g/t Au A’ *February 7, 2024 A’ 13
Slide 14: Airstrip and Powerline Growth Potential
AIRSTRIP AND POWERLINE GROWTH POTENTIAL A A’ 15.9 m of 9.32 g/t 14
Slide 15: Airstrip High Grade Intercept
AIRSTRIP HIGH GRADE TSXV:BYN | OTCQB:BYAGF INTERCEPT Contact of felsic dyke with host metasediment lithology AX-24-590 – Airstrip - 65.7 to 81.6 m Hole_ID From (m) To (m) Interval (m) g/t Au AX-24-590 12.9 46.1 33.2 0.44 and 65.7 81.6 15.9 9.32 including 77.9 81.6 3.7 33.43 and 102.6 107.0 4.4 6.97
Slide 16: Lithological High Grade Material at Surface
LITHOLOGICAL HIGH GRADE MATERIAL AT SURFACE – LOW CONTOLS ON STRIP RATIO POWERLINE TSXV:BYN | OTCQB:BYAGF Airstrip Powerline IDEALIZED SECTION 467,100E LOOKING WEST HIGHER GRADE GEOLOGICALLY CONSTRAINED 16
Slide 17: Metallurgy – Robust Recoveries
METALLURGY – ROBUST RECOVERIES CONVENTIONAL FLOW MILL FLOW TSXV:BYN | OTCQB:BYAGF SHEETS 93% GOLD ▪ Environmental - Low sulphide concentration and excess RECOVERY 93% buffering capacity indicates Powerline is non-acid generating • Carbon in Leach (“CIL”)/Carbon in Pulp ▪ Low cyanide consumption - At
Slide 18: Metallurgy Comparables
METALLURGY COMPARABLES Throughput Grade Intensive Heap Company Mine Location % Recovery Flotation CIP/CIL Gravity (tpd) (g/t) Cyanidation Leach TSXV:BYN | OTCQB:BYAGF Operating Mines Evolution Mining Mt. Rawdon Australia 9,589 0.61 86% No Yes Yes Yes No Newmont Merian Suriname 32,877 1.16 93% No Yes
Slide 19: AurMac Permit Advantage
AURMAC AurMac Advantage: PERMIT ADVANTAGE TSXV:BYN | OTCQB:BYAGF ✓ Existing Roads and Access YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 ✓ No Key wildlife Areas PEA/FS ✓ Existing Hydroelectric Power - ESG Important for major miners Baseline Studies ✓ Existing baseline Environmental data YESAB ✓ 15+ Years
Slide 20: Exploration Upside – Nitra Project
EXPLORATION • 227 sq km • ROAD ACCESSIBLE UPSIDE • KNOWN INTRUSIONS AT SURFACE TSXV:BYN | OTCQB:BYAGF Ross • 6+ ACTIVE PLACER 594 oz. MINES NITRA PROJECT Seattle 100% OWNED Morrison 122 oz. 668 oz. HIGH PRIORITY TARGET NITRA AREAS IDENTIFIED Johnson Placer Mining 7867 oz. Lidar/Structural Analysis H
Slide 21: Gold Explorers – Cost per Ounce
GOLD EXPLORERS - COST PER OUNCE $700.00 $10 $45 $113 Z.$89 $150 $240 $583 TSXV:BYN | OTCQB:BYAGF Bought by Kinross Merged with G-Mining Bought by Goldcorp Bought by Gold Fields March 10, 2020 April 22, 2024 May 12, 2016 4th Quarter, 2024 Gold $1693.00 USD Gold $2428.00 USD Gold 1,277.00 USD Gold $25
Slide 22: AurMac vs. Select Gold Projects in North America
Eag le + Banyan AurMac 7.0 Eagle 5.4 Raven 1.1 Hyland 0.5 14.0 Troilus (Tr oilus) Ea gle & Rave n 1.8 11.1 Tower (STLLR) 8.3 4.5 12.9 12.8 Este lle (No va ) 6.5 3.4 9.9 Stibnite (Perp etu a) 1.6 6.4 8.1 Vall ey (Sn owl ine) 4.1 3.3 Converse (Wa ter ton ) 0.6 6.6 7.3 7.2 Aur Mac (Banyan ) 7.0 7.0 Dup
Slide 23: Doing It Right
DOING IT RIGHT GIVING BACK TSXV:BYN | OTCQB:BYAGF STRONG COMMITMENT TO COMMUNITY AND COMMUNTY SUPPORT ENVIRONMENTAL RESPECT EXCEED INDUSTRY BEST PRACTICES Minimize roads and trails – winter work OVER Baseline Surveys – 3 years Robust Permit to May 2028 $2,600,000 Powerlines – Hydro dam FUNDED Recycl
Slide 24: 2025 Catalysts
2025 CATALYSTS ➢ Q1: HIGH-GRADE Drill Results from 21,000m drilled in 2024 ➢ Q2: RESOURCE UPDATE Inferred Indicated + Resource Growth ➢ Q2-Q3: DRILL PROGRAM 10,000m+ Planned ➢ Q4: PEA ➢ Q4: DRILL RESULTS continuing into Q1 2026 INFERRED RESOURCE GROWTH AIRSTRIP POWERLINE 2025 2023 2024 2017 -2019 20
Slide 25: Why Banyan, Why Now
WHY BANYAN WHY NOW TSXV:BYN | OTCQB:BYAGF Banyan’s Value Creation Strategy has positioned us for $2700+ Gold price DEMONSTRATED ECONOMIES OF SCALE HISTORIC MINING INFRASTRUCTURE Compelling Current Valuation < $10 CAD oz DISTRICT Roads/Power/ Hydro Power Blue-sky Potential Permitted Au/Ag & placer mi
Slide 26: TSXV:BYN | OTCQB:BYAGF
Tara Christie President & CEO TSXV:BYN | OTCQB:BYAGF tchristie@banyangold.com T: (888) 629-0444 EMAIL: info@banyangold.com WEBSITE: www.BanyanGold.com 26