Commences 5,000m Campaign At Aurex Hill
Banyan Gold Corp. (TSXV: BYN) has kicked off a new drilling programme at the Aurex Hill Target, situated approximately one kilometre east of the Powerline Deposit on the AurMac Property, Yukon.
President and CEO, Tara Christie, said Aurex Hill includes a roughly 10 sq km area defined by a large, coincident gold and arsenic-in-soil geochemical anomaly
“Banyan is excited to return to Aurex Hill and follow-up on the near-surface gold mineralisation identified in our 2020 drill programme,” Ms Christie said.
“Phase 1 drilling on the Aurex Hill target should unlock the potential to develop another near-surface resource.”
Over 12,500m of historic RAB drilling from 442 shallow (less than 50m) holes, along with 15 diamond drill holes have been collared over Aurex Hill historically, prior to the development of the Banyan Geological Model which was tested and validated with the 2020 drilling.
Diamond drilling at the Aurex Hill Zone in 2020 was comprised of seven exploration holes designed to test a small portion of the highly prospective co-incident Au-As-in-soil anomalies previously defined by Banyan to be covering the majority of Aurex Hill.
Drilling occurred in an untested area, over 300m northwest of historic Aurex Hill diamond drill holes and hosts the same lithological package as at the Powerline Zone, over 1.25 km to the west.
The first holes in this area intersected a well developed and pervasive oxidised footprint to depths of over 40m associated with discordant sheeted auriferous quartz-arsenopyrite veining and included the following highlights:
- 1.11 g/t Au over 17.9 metres from surface; and
- 0.91 g/t Au over 20.5 metres from surface.
The Phase 1, 5,000m drill programme at Aurex Hill is designed to build upon the success of the 2020 drilling in this newly recognised zone and endeavor to connect this mineralised portion of the Aurex Hill system with the historically RAB drilled zones.
For more information visit https://www.banyangold.com/
