Banyan Gold (TSXV:BYN; OTCQB:BYAGF) announced that their current drill programme at the Powerline Deposit at the AurMac Project in Yukon, has intersected visible silver mineralization. These results confirm the high-grade silver that was first drilled in 2021 at the project.
Key highlights from the drill programme demonstrate the potential for additional high-grade silver zones in the core of the central Powerline Deposit including:
- AX-21-142 – 1841.14 g/t Ag over 16.8 metres (“m”) within 302.68 g/t Ag over 103.6 m; includes 14,629 g/t Ag over 1.1m and 11,828 g/t Ag over 1.2m
- AX-21-143 – 12.85 g/t Ag over 19.0m, and 20.03 g/t Ag over 4.9m, and 20.22 g/t Ag over 30.5m, within 7.93 g/t Ag over 162.3m
- AX-21-161 – 13.10 g/t Ag over 12.5m within 10.38 g/t Ag over 18.6m
- AX-24-542 – 4.29 g/t Ag over 7.9m, and 11.22 g/t Ag over 18.9m, and 44.69 g/t Ag over 2.1m
Tara Christie, President and CEO of Banyan Gold commented, “We have long recognized the potential for Keno-style silver mineralization at AurMac. It is an exciting time to follow-up on these intersections from our 2021 drilling and test the potential for larger silver zones. Drilling at Powerline will further define our gold deposit and at the same time also test to identify favourable structures that host high-grade silver mineralization at AurMac.”
Duncan Mackay, Banyan Gold Vice President of Exploration also commented, “Our drilling in the core of Powerline previously intersected discrete veins hosting high-grade silver mineralization in Fe-carbonate, sphalerite, galena and instances of visible electrum. Leveraging our database of oriented core, we are working to refine these high-grade silver targets by drilling to confirm the orientation of the mineralized structures. Preliminary testing has successfully intersected the high-grade vein (assays pending), with additional drillholes planned to further test this highly prospective zone (Figure 5). The potential to identify new phases of mineralization of significance at AurMac adds a new dynamic to the project and understanding of the interlinkage between the Intrusion related Powerline Gold Mineralisation and the High-Grade Keno Style mineralization.”
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