Banyan Gold Corp. · TSXV:BYN
Banyan Gold — Investor Presentation (September 2026)
40 slides from Banyan Gold's investor presentation, Sep 14, 2026
Slide 1: Advancing a New Canadian Gold District
TS XV: BY N | OTCQB : BY AGF Advancing a New Canadian Gold District Septe mber 14, 2 026 C OR PO R A TE PR ESEN TA TION 1
Slide 2: Forward-Looking Statements
L EGAL DI SCL O SURE Forward-Looking Statements F OR W A R D - L OO K I N G I N F O R M A T I O N A D D I T I O N A L A S S U M P T I O N S & F A C T OR S This presentation contains forward-looking information, which is not comprised of Factors that could cause actual results to differ materially fr
Slide 3: Land Acknowledgement
AC KNOWLE DGEMEN T Land Acknowledgement Banyan Gold respectfully acknowledges that our offices and projects are located on the traditional territories of several Indigenous Peoples and First Nations. AurMac Project First Nation of Na-Cho Nyäk Dun Traditional Territory. Hyland Project Kaska Nations T
Slide 4: Value Creation Catalysts
IN VES TME NT TH ESIS Value Creation Catalysts Undervalued vs. peers, with a clear path to re-rating A U RM A C R ES OU R CE AIRSTRIP Generational scale opportunity Deposit 01 +8 Moz established gold resource in a Tier-1 jurisdiction, with significant upside exploration potential 3.64 Million INDICA
Slide 5: A Jurisdiction Built for Mining
A JURISDICTION BUILT FOR MINING & TSxXV: BYN | OTCQB: BYAGF
Slide 6: Infrastructure & Topography Set Banyan Apart
IN FRA STRUCTUR E A DVA NTA GE Infrastructure & Topography Set Banyan Apart E LE CT RICI TY 138 kVa line, energized to 69 kVa substation. 40 km to the Mayo hydro dam, connected to the Yukon grid. BC–Yukon power grid connection is a Federal Government priority project, with potential to sell back int
Slide 7: Resource Growth <200m From Surface
MINE RAL R ESOU RCE ES TI MA TE Resource Growth <200m From Surface PIT CONSTRAINED RESOURCE ESTIMATE 3.64M 4.98M Deposits open in all directions — significant room for resource growth OZ AU IND ICAT ED OZ AU INF ERR ED beyond the current pit-constrained estimate. @ 0. 6 8 G /T @ 0. 5 8 G /T AURMAC I
Slide 8: Exceeding Expectation → Resource & High-Grade
2026 MRE HIGH LI GHTS Exceeding Expectation → Resource & High-Grade Powerline Indicated ounces 2.8M oz of gold (129.5M t) up 68% and Strong Conversion grade improving 10% across the deposit. Indicated 3.64M oz incl. 2.45M oz at 1.00 g/t Au (75.9M t) at 0.55 g/t cut-off. Inferred 5M oz. incl. 2.72 M
Slide 9: Cross-Section 466750mE — Airstrip & Powerline
GEOLOGY Cross-Section 466750mE — Airstrip & Powerline Mineralized domains are overlaid on the lithologic model. The MRE block model is constrained by mineralized and lithologic domains; resource blocks are 10m × 10m × 5m, with only blocks above 0.30 g/t Au cutoff and within the $3,500/oz Au conceptu
Slide 10: High-Value External Projects
POR TFOLIO GROWTH High-Value External Projects Acquired 100% of Generic Gold's Yukon exploration portfolio — adding 2,158 claims across five project areas ~350 km² added High-target and earlier-stage exploration areas, expanding long-term discovery potential Geological database leverage New ground b
Slide 11: Indicated & Inferred Au by Cut-Off Grade
RE SOUR CE SEN SITIV ITY Indicated & Inferred Au by Cut-Off Grade AurMac pit-constrained mineral resources across the full range of cut-off grades — ounces (bars) and grade (lines) move together as the cut-off rises 15,000,000 2.00 1.80 12,500,000 1.59 1.53 1.60 1.46 1.40 1.55 1.33 1.50 1.40 10,000,
Slide 12: Capital Structure
CA PITAL MARK ETS Capital Structure S H A R E H OL D E R O W N E R S HI P Insiders Tara Christie 1.4% 2.6% Alpayana SAC Insiders & Management Retail 8% Current Price $2.04 52-Wk High/Low $2.15 / $0.64 Investors 28.5% HNW CEO - Tara Christie 7.2% Shares Outstanding 445M Market Cap ~$900M Total Inside
Slide 13: Recent Financings & Analyst Coverage
CA PITAL MARK ETS Recent Financings & Analyst Coverage R E CE N T F I N AN C I N G S A N AL Y S T CO V E R AG E May 2026 Ovais Habib Scotiabank $3.00 $46.5 MILLION $29.7M flow-through at $1.92 + $16.8M at $1.40 Simon Wildsmith Desjardins $3.00 Fully subscribed by two existing shareholders, above mar
Slide 14: Gold Explorers — Market Value per Ounce
VA LUA TION Gold Explorers — Market Value per Ounce Market cap / attributed resource (USD$/oz Au Eq). Historical gold-sector takeovers cluster well above Banyan's current valuation — even before accounting for today's $4,200+ gold price. Bought by Kinross Merged w/G-Mining Bought by Goldcorp Bought
Slide 15: AurMac vs. Select Open-Pit Gold Projects, North America
PE ER COMPA RIS ON AurMac vs. Select Open-Pit Gold Projects, North America Potential with Regional Consolidation - Eagle & Raven & AurMac MINEABLE OZ 3.64 M oz Au at 0.68 g/t Indicated MRE 4.98 M oz Au at 0.58 g/t Inferred MRE Fuerte Metals, backed by Pierre Lassonde, purchased the Yukon Coffee Gold
Slide 16: Beyond Gold — Striking Silver
SILV ER DIS COVE RY Beyond Gold — Striking Silver High-grade “Keno-style” silver mineralization intersected at AurMac — 8 confirmed veins, with potential to expand high-grade mineralization in each 302.68 g/t Ag over 103.6 m Incl. 1841.14 g/t Ag over 16.8m Zone with High Potential 1 x 1 x 1m cube In
Slide 17: Regional Distribution of Major Projects
RE GIONAL GR OWTH Regional Distribution of Major Projects Intrusion-Related Mineralised District BANYAN GOLD • AurMac – advanced exploration • Nitra – grassroots exploration Other Companies • Eagle – past producer • Sitka – exploration KENO HILL STYLE • Hecla • Banyan • Silver North • Metallic Miner
Slide 18: Regional Distribution of Major Projects
RE GIONAL GR OWTH Regional Distribution of Major Projects Fence Diagram Trace from AurMac - through Nitra - to Sitka F A B C D E Nitra Haldane AurMac Eagle Roaring Seattle (18km north) Airstrip Blackjack/ Fork Creek Powerline Saddle/Eiger Rhosgobel Polymetallic Veins Gold Dome District scale distrib
Slide 19: Nitra — 100% Owned, High-Priority Targets
EX PLORATION UPS IDE Nitra — 100% Owned, High-Priority Targets Project Location Map for Banyan’s AurMac and Nitra Projects 423 km² • Road accessible • Known intrusions at surface • 6+ active placer mines DISTRICT-SCALE EXPLORATION UPSIDE Placer mining Lidar / structural analysis Highlights from Roar
Slide 20: Franco-Nevada NSR Purchase — $52.2M CAD
ROY ALTY TR ANS ACTION Franco-Nevada NSR Purchase — $52.2M CAD AurMac Project with NSR Purchase area in darker grey. Current Resource area shown in black. The $52.2M covers a 6% NSR originally issued to Victoria Gold Corp.*, with an option for Banyan to reduce it to 1% for $10M. S T R AT E G I C I M
Slide 21: Robust Recoveries, Clear Permit Pathway
METALLUR GY & PE RMITTING Robust Recoveries, Clear Permit Pathway M E TA L LU R G Y — R O B US T R E CO V E R IE S P E RM I T T IM E LIN E Year 1 Year 2 Year 3 Year 4 Year 5 93% Gold Recovery PEA / PFS Carbon-in-leach (CIL) / Carbon-in- Baseline Studies 93% pulp (CIP) process with gravity. YESAB 84%
Slide 22: Building the Right Team
LEADE RS HIP Building the Right Team MANAG EMENT TEAM Tara Christie David Rutt Kai Woloshyn Jasmine Sangria Duncan MacKay Patrick Langlois Tanuja Skerlec MASc, P.Eng CMA, CPA BSc MBA MSc, P.Geo MBA, CFA VP Corporate Affairs President & CEO Chief Financial Officer VP Project Development VP Corporate
Slide 23: Committed to Community & Responsible Growth
GIV ING BACK Committed to Community & Responsible Growth Yukon Geoscience Award Every Student, Every Day For contributing toward the development Registered charity co-founded by Tara Christie to of healthier communities and protecting support grassroots educational projects that the natural environm
Slide 24: A Year of Significant Advancement/Catalysts
2026 MIL ES TONE S A Year of Significant Advancement/Catalysts Fully funded 70,000m +2,158 Yukon claims · AX-26-853: 5.58 g/t Au AX-26-874: 13.03 g/t 379% share price gain drill program — 824 km² district over 21.7m · Au over 14.2m · in 2025 subscribed × 2 footprint Powerline SW Powerline North Gene
Slide 25: Why Banyan. Why Now.
IN VES TME NT CAS E Why Banyan. Why Now. Strategically positioned for higher gold & silver prices — with multiple near-term catalysts 800% RESOU RCE GROWTH IN 3.5 YEA RS → Active 70,000m+ drill program (45,000m drilled) → Emerging high-grade silver potential — 8 confirmed Keno-style veins → M&A mome
Slide 26: Appendix
AD DITIONA L R ESOU RCE S APPENDIX T SX V: B YN | OT CQ B: B Y AG F | FR A NK FU RT : BA J
Slide 27: Powerline North — AX-26-874
EX PLORATION UPD ATE Powerline North — AX-26-874 Bonanza-grade gold intersected in the undrilled gap between the Powerline and Airstrip Deposits, AurMac Project, Yukon 13.03 g/t 142.70 g/t Au over 14.2 m Au over 1.0 m 160.0 – 174.2 m downhole included, 165.0 – 166.0 m T AB L E 1 — KE Y IN TE RV AL S
Slide 28: Roaring Fork — NT-26-001
NITRA DISCOV ERY Roaring Fork — NT-26-001 First hole at Nitra — visible gold and high-grade quartz veining, 25 km west of AurMac 1.62 g/t 17.80 g/t Au over 5.0 m Au over 0.4 m 84.9 – 89.9 m downhole included, 87.9 – 88.3 m T ABL E 1 — INT ERV ALS , R OARING FORK ZONE Hole / interval From (m) To (m)
Slide 29: Seattle Creek — NT-26-006
NITRA DISCOV ERY Seattle Creek — NT-26-006 New gold-silver discovery on the greenfields Nitra Project — first assays, 25 km west of AurMac 0.91 g/t Au 5.70 g/t Au 27.01 g/t Ag 544 g/t Ag over 12.1 m over 0.5 m 41.7 – 53.8 m downhole included, 42.6 – 43.1 m TABLE 1 — GOLD & SILVER INTERVALS, SEATTLE
Slide 30: Seattle Creek — NT-26-006
NITRA DISCOV ERY Seattle Creek — NT-26-006 Second Nitra target, 5 km north of Roaring Fork — multiple visible gold occurrences from 36 m downhole VI SIBL E GOL D OC CURRE NCE S 36.2 – 36.7 m Extensional quartz vein — visible gold, bismuth-sulphosalts, arsenopyrite, pyrite 40.4 – 41.2 m Visible gold
Slide 31: Seattle Creek — NT-26-006
IN FRA STRUCTUR E A DVA NTA GE Seattle Creek — NT-26-006 Second Nitra target, 5 km north of Roaring Fork COR E DE TAI L Mineralized extensional quartz veins in predominantly metasedimentary rocks in drillhole NT-26-006 from Nitra. Quartz veins in the host visible gold, bismuth-sulphosalts, arsenopyr
Slide 32: Hyland Gold Project — Updated MRE, 2025
POR TFOLIO — HY LAN D Hyland Gold Project — Updated MRE, 2025 Cutoff AuEq Tonnes Au Grade Au Oz Ag Grade Ag Oz AuEq Oz (AuEq g/t) Grade Indicated 0.5 11,272,000 0.93 337,000 7.27 2,634,000 1.02 368,000 Inferred 0.5 3,865,000 0.95 118,000 6.94 863,000 1.03 128,000 ✓ Column leach test average oxide go
Slide 33: Significant Value / Re-Rate Potential
VA LUA TION OP PORTUNITY Significant Value / Re-Rate Potential Banyan's positioning on the Lassonde Curve — and relative valuation vs Yukon & Canadian peers (EV / Total Attributable Resource, US$/oz Au) The Lassonde Curve — Where Banyan Sits Today EV / Total Attributable Resource Comparison (US$/oz
Slide 34: Among Canada's Most Efficient Gold Explorers
CAP IT AL EF FI CI EN CY Among Canada's Most Efficient Gold Explorers Banyan maximizes dollars in the ground — delivering superior oz per metre drilled and maintaining disciplined G&A overhead. CON TAINED RESOURCE vs. MET RES DRILLE D (oz Au / m ) CORPORAT E G& A vs. T OT AL EXPENSES (202 0 –20 25 ,
Slide 35: Closing The Valuation Gap
VA LUA TION OP PORTUNITY Closing The Valuation Gap Strategically positioned for higher gold & silver prices — with multiple near-term catalysts ► Fully Funded Through 2027 + 70,000m Drill Program VALUATION DISCONNECT $46.5M financing closed May 2026 (subscribed ×2, above market, no warrants). 30,000
Slide 36: Eagle Gold Mine — Update, June 2026
M&A WATCH Eagle Gold Mine — Update, June 2026 Who is Boroo? Boroo is a Singapore-based private mining company recognized as a specialist in operational B A NY A N P E R CE P T I ON turnarounds. Since 2018, Boroo has completed four strategic acquisitions and transformed into a premier mid-tier global
Slide 37: Yukon Context — New Government, 2025
JURISDICTION C ONTE XT Yukon Context — New Government, 2025 Yukon election November 3, 2025; new Conservative government sworn in November 22. Pro-development signals across key ministries P R E MI E R & F I N A N C E Strong mandate for economic Currie Dixon development and resource sector growth. E
Slide 38: Electrical Grid — Government Commitments
PE RMITTING Electrical Grid — Government Commitments W HI TEH ORSE POW ER CENT RE EXPANSI ON W H Y I T M A T T E RS Addition of ~160 MW of new generating capacity planned — significantly expanding regional power availability. ➢ Expanding regional power capacity directly benefits AurMac development p
Slide 39: Improving Permitting — Results Already Tangible
PE RMITTING Improving Permitting — Results Already Tangible More decision documents issued and more water licences approved in the first 5 months of 2026 than the entire prior year WAT E R BOA RD W HY I T MAT T ERS New appointments and increased resources aimed at reducing application backlogs F OR
Slide 40: Contact
Banyan Gold is committed to environmental stewardship, sustainable development, advancing the principles Tara Christie of reconciliation, and shared President & CEO tchristie@banyangold.com generational prosperity for First Nations (888) 629-0444 and communities. Jasmine Sangria VP Corporate Communi