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Advancing one of Canada’s largest inferred gold resources with key infrastructure in place
With an inferred gold resource totaling 7 million ounces, Banyan Gold is establishing itself as a key player in Yukon’s gold exploration scene. What sets the company apart is the location of its project—flat topography, existing road access, and power infrastructure help position it for cost-efficient advancement. The mineralization starts at surface, and while the overall grade currently averages 0.63 g/t, 2024 drilling has identified multiple higher-grade trends that may reshape the project's economic profile.
Looking ahead, Banyan is focused on updating its resource estimate and preparing for a Preliminary Economic Assessment (PEA) in Q4 2024. With financing lined up for further drilling in 2025, the company continues to explore the full potential of its large-scale project. In a year when gold is back in focus, Banyan Gold is advancing with a strategy grounded in infrastructure, scale, and promising new data.
Key Points:
- 7M oz inferred gold resource in Yukon
- Drilling has identified higher-grade gold zones
- Strong infrastructure: roads, power, and surface-accessible mineralization
- Updated resource and PEA expected in Q4 2024
- Fully financed exploration plans for 2025
To learn more about Banyan Gold (TSX.V: BYN, OTCQB: BYAGF), please click the request investor info button.
Disclaimer:
Reference News Release February 7, 2024, Marc Jutras, P.Eng, M.A.Sc., Ginto Consulting Inc. 0.30 g/tcut-off grade, US$/CAN$ exchange rate of 0.75 and constrained within an open-pit shell optimized with the Lerchs-Grossman algorithm to constrain the Mineral Resources.
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