Continues To Grow Promising Powerline Deposit
Banyan Gold Corp.’s (TSXV: BYN) step-out grid-based drilling continues to identify significant intervals of consistent gold at the Powerline Deposit in the AurMac Property, Yukon.
The results from the latest five drill holes has intersected consistent gold mineralisation further expanding the mineralisation footprint of this impressive and growing on and near-surface gold deposit.
President and CEO, Tara Christie, said gold mineralisation remains open in all directions and current drilling activities are now focused on resource expansion to the east and west of Powerline Phase 1 drilling completed in July.
Assay highlights from this series of drill results include:
• 45.7 metres of 0.69 g/t Au from surface in DDH AX-21-93
• 52.3 metres of 0.70 g/t Au from 119.9m in DDH AX-21-95
• 110.7 metres of 0.62 g/t Au from 96.6m in DDH AX-21-99
• 195.9 metres of 0.54 g/t Au from surface in DDH AX-21-100
◦ Including 24.8m of 1.51 g/t Au
“The ongoing results are steadily and strongly demonstrating the size potential of the Powerline Deposit,” Ms Christie said.
“It’s extremely rare to outline a near-surface deposit of this size and tenor immediately adjacent to an existing highway, communications and power infrastructure.
“The company is fully funded through 2022 and plans an aggressive drill campaign designed to continue to expand and define resources towards an updated AurMac Mineral Resource in 2022.”
For further information please visit: https://www.banyangold.com/