Banyan Gold Corp. (TSXV: BYN) has received positive assay results from the next five diamond drill holes received from the 2021 exploration programme at the AurMac Property, Yukon.
These holes continue with the systematic testing of the Powerline deposit on 100m centred step-out drilling – and continue to validate the geological model and expand the limits of known near-surface gold mineralisation.
Assay highlights from this set of five 2021 Powerline Zone drill holes include:
• 0.85 g/t Au over 12.2m from surface;
• 0.47 g/t Au over 26.4m from 25.9m; and
• 0.70 g/t Au over 50.3m from 85.1m.
“Banyan continues to execute a successful exploration season, which began in February 2021, after drilling into December 2020,” President and CEO, Tara Christie, said.
“The planned Phase 1 diamond drilling at the Powerline Deposit comprised 10,476m from 50 holes; this robust programme confirmed Banyan’s Powerline Geologic Model and greatly expanded the mineralised footprint outside of the original bounds of the 2020 deposit.
“This latest set of results, carry on with the identification of a remarkably consistent gold mineralisation at Powerline and demonstrate the Powerline Deposit, open in all directions, shows particular strength to the east.
“Additional step-out drill fence lines will be a prime focus for the next phase of drilling at Powerline.”
Banyan has now completed Phase 1 Powerline drilling with 10,476m (50 holes) in a systematic, 100m centred, drill grid designed to test the expansion potential of the Powerline Deposit.
Drilling is ongoing with two diamond drills now focused on the Aurex Hill Target. Four holes and over 1,000m of drilling have been completed to date.
For further information please visit: https://www.banyangold.com/
