Banyan Gold Inc

Banyan Gold is a Canadian gold exploration company focused on its district-scale AurMac property in Canada's Yukon territory. The project contains an updated inferred resource of 6.2 million ounces of gold in near surface, bulk tonnage deposits at the Airstrip, Powerline and Aurex Hill zones. The resource has expansion potential and is open along strike and at depth.

Banyan recently completed a 25,000 metre drill program at AurMac focused on resource expansion and exploration of new targets. Ongoing work includes metallurgical studies, baseline environmental studies and geotechnical modeling to advance the project. The company sees AurMac as having tier one potential based on size, grade, jurisdictional advantages and proximity to infrastructure like roads and hydro power.

Banyan is well funded with approximately C$17 million in cash. The company has a strong shareholder base and support from analysts who see significant upside and speculative appeal. Upcoming potential catalysts are ongoing exploration results, an updated resource estimate and progress towards a preliminary economic assessment. Banyan offers leverage to the gold price in a top-tier mining jurisdiction.