Commodities
Banyan Gold Continues to Delineate High-Grade in Powerline Southwest, AurMac Project, Yukon, Canada
VANCOUVER, BC / ACCESS Newswire / July 13, 2026 /Banyan Gold Corp. (the "Company" or "Banyan") (TSXV:BYN)(OTCQB:BYAGF) is pleased to announce it has intersected additional high-grade gold ("Au") mineralization in the Powerline Deposit ("Powerline") ...
About this update from Banyan Gold Corp.
VANCOUVER, BC / ACCESS Newswire / July 13, 2026 / Banyan Gold Corp . (the " Company " or " Banyan ") ( TSXV:BYN )( OTCQB:BYAGF ) is pleased to announce it has intersected additional high-grade gold (" Au ") mineralization in the Powerline Deposit (" Powerline ") southwest of the main high-grade core. These diamond drill intersections highlight potential to upgrade domains in a portion of Powerline, AurMac Project (" AurMac "), Yukon, Canada. Highlights from Powerline West : "Banyan Gold continues to intersect high-grade mineralization as we drill the Powerline Deposit, where our objectives are to convert inferred mineral resources to indicated and to drill beneath the conceptual pit to increase the quantity of inferred ounces at depth," stated Tara Christie, President and CEO. "Multiple high-grade intervals, like those intersected in AX-26-865, indicate the potential to upgrade mineralized domains both laterally and within section as we continue infilling Powerline. Additionally, there is strong potential for discovering new continuous, high-grade zones, including Powerline Southwest, which continues to demonstrate the potential to intersect new skarn horizons associated with sheeted veins and high-grade gold mineralization. Our drill program is ahead of schedule with over 33,000m completed out of our 70,000 m program." Figure 1: Plan map of Powerline southwest and west. Drillholes in this release highlight potential to extend and delineate new high-grade zones in the core of Powerline Southwest (Figure 2). Figure 2: Cross-section 466550mE from Powerline Southwest at AurMac. Mineralized domains are overlaid on the lithologic model. Mineralized domains are open up-dip and at depth, with potential to expand the mineralized envelope as well as convert significant un-estimated blocks that fall within the conceptual pit. Current Mineralized domains being tested during indicated infill drilling (magenta outline) have potential to be significantly upgraded as well with high-grade intervals. Lithologic domains in Powerline are dominated by metasedimentary rocks of various compositions, typically mica-chlorite schists with varying calcareous content. Domains in this section are: CLSR_4 and 5 - chlorite sericite schist; CSCH_1 and 3 - calcareous schist; sch_2 - heterogenous schist. The MRE block model is constrained by mineralized domains and the lithologic domains. Mineral Resource blocks are 10m x 10m x 5m. Only blocks >0.30 g/t Au cutoff and within the US$3,500/oz Au conceptual pit shell are included in the MRE.