Banyan Gold Corp. (TSX-V: BYN)(OTC: BYAGF) is focused on advancing and de-risking its 7.0 million ounce AurMac Gold Project in the Yukon, Canada’s newest and rapidly growing mining district.
The AurMac Project hosts structurally controlled, intrusion related gold mineralization. It is located in the Mayo Mining District of central Yukon, approximately 40 km north of the community of Mayo. Banyan's AurMac is also approximately 25 km away from Victoria Gold Corp’s open-pit heap leach Eagle Gold mine and adjacent to the Keno Hill Silver District operated by Hecla Mining Company (previously Alexco Resource Corp.). The AurMac Project consists of 988 claims totaling approximately 173 km2 and contains three Deposits: the Airstrip, Powerline and the Aurex Hill Zones. It benefits from exceptional infrastructure with the main Yukon highway just off the main access road, a 3-phase powerline, existing Yukon Energy Corp. switching power station and cell phone coverage.
An early 2024 updated Mineral Resource Estimate was issued in accordance with National Instrument 43-101, and showed a total inferred mineral resource of 7,003,000 ounces of gold at 0.63 g/t Au on the road accessible AurMac Property.
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Banyan Gold's Seven Million Ounces (and growing)