Banyan Gold Extends High-Grade Domains at Powerline Deposit

Banyan Gold Corp. has announced significant gold intersections at its Powerline Deposit within the AurMac Project in the Yukon. Several drillholes, including AX-25-697 and AX-25-700, showed high-grade gold. Drillhole AX-25-700, for instance, reported 1.90 g/t Au over 17.3m, including a remarkable 33.00 g/t Au over 0.8m.

The company’s exploration program, bolstered by a $31.4-million investment, now includes a fourth drill rig to expand its 40,000 m drilling campaign. Banyan's modeling suggests that the deposit remains open in all directions, offering potential for further resource conversion.

The recent drilling results underscore the continuity of high-grade mineralized domains, with the potential to convert inferred ounces to indicated resources, solidifying the deposit's value and future exploration outcomes.