Banyan Gold: One of Yukon’s Largest Near-Surface Gold Deposits?

With over 8 million ounces defined, a major drill program underway, and a pending PEA, Banyan is advancing toward development.

Banyan Gold is advancing its AurMac project in Yukon, which hosts over 2.2 million ounces of indicated and 5.5 million ounces of inferred gold resources*. With a 50,000 metre drill program planned for 2026, a maiden preliminary economic assessment expected, and a new silver discovery under investigation, the company is working to expand and advance one of the region’s larger near-surface gold systems.

Banyan Gold is focused on its AurMac project, located in Yukon, where it has defined a multi-million ounce gold resource that continues to grow through ongoing exploration. The deposit is characterized by near-surface mineralization, which can be a key factor in development scenarios due to potential mining accessibility.

The company is undertaking an extensive 2026 drill program totaling approximately 50,000 metres, with 40,000 metres allocated to AurMac and an additional 10,000 metres targeting regional exploration. This broader program reflects the scale of the company’s land package, which spans approximately 720 square kilometres and remains largely underexplored, with only a small portion drilled to date.

A key milestone for the year is the anticipated release of a maiden preliminary economic assessment, which is expected to provide initial insight into potential development pathways. At the same time, Banyan is advancing a newly identified silver discovery on the property, where early drilling has intersected high-grade mineralization comparable to nearby systems in the region.

Beyond exploration, Banyan highlights its local engagement, with a significant portion of its workforce based in Yukon and surrounding communities. The company is also fully funded through 2027, supported by recent financings that provide capital for continued drilling and project advancement.

To learn more about Banyan Gold (TSX.V: BYN, OTCQB: BYAGF), please click the request investor info button.

_{* Reference: effective June 28, 2025, prepared Marc Jutras P.Eng, M.A.Sc. 43-101 Technical report filed on SEDAR+ August 20, 2025.}

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