Intersects 21.8m @ 1.06g/t au In Yukon
Banyan Gold Corp. (TSXV: BYN) has obtained promising assay results from the latest six holes drilled at the Powerline Deposit at the AurMac Property in the Yukon.
This set of drill holes targeted areas south, west and north of the Powerline Resource through the systematic 100m spaced step-out grid drilling campaign.
President and CEO, Tara Christie, said that as with this season’s previously released results, this drilling approach has consistently identified significant intervals of consistent near and on-surface gold mineralisation outside of the existing Powerline Resource.
Assay highlights from this latest set of six 2021 Powerline Zone drill hole results include:
• 0.42 g/t over 186.1 m from surface, Including: 1.06 g/t Au over 21.8 m from 124.5 m
• 0.56 g/t Au over 50.3 m from 15.2m; and
• 0.46 g/t Au over 50.3 m from 62.5m
“We are impressed with the stepwise growth of the Powerline Deposit through this season’s robust exploration programme,” Christie said.
“As we enter the fifth month of the Phase 1 AurMac drilling campaign, with results from step-out drilling steadily arriving, a more complete picture of the extensive and consistent near-surface gold mineralisation endowment of AurMac is beginning to emerge. Powerline is just one of many targets on the large 173 square kilometre AurMac Property and current drill testing has shifted to Aurex Hill.”
Banyan has completed Phase 1 Powerline drilling with 10,476m (50 holes) in a systematic, 100m centered, drill grid designed to test the expansion potential of the Powerline Deposit. To date, the company has received assay results from 30 of these holes.
Diamond drill testing on the Property is ongoing with two diamond drills currently focused on the Aurex Hill Target. As of July 5, 2021, Banyan has completed fourteen drill holes totalling more than 3,500 m at Aurex Hill.
For further information please visit: https://www.banyangold.com/
