- Banyan Gold (TSXV:BYN) kicked off its 2025 drilling and exploration program at its 173-square-kilometre AurMac project in the Yukon’s Tombstone gold belt
- The project offers exposure to an inferred resource of more than 7 million ounces of gold
- Banyan is a mineral explorer and developer advancing its AurMac project in Canada’s Yukon Territory
- Banyan Gold stock has given back 30.30 per cent year-over-year but remains up by 360 per cent since 2020
Banyan Gold (TSXV:BYN) kicked off its 2025 drilling and exploration program at its 173-square-kilometre AurMac project in the Yukon’s Tombstone gold belt.
The fully funded 30,000-metre program aims to further expand and define the Airstrip zone, which houses a 845,000-ounce inferred resource and intersected 15.9 m of 9.32 grams per ton (g/t) gold in 2024 drilling, and the Powerline zone, which hosts a 6,158,000-ounce inferred resource and yielded 23.1 m of 5.68 g/t gold in 2024 drilling. Both deposits remaining open in all directions.
The Yukon gold miner will also test strategic targets backed by soil anomalies and geophysical surveys, while continuing sampling, metallurgical, scoping and environmental survey work required for AurMac’s preliminary economic assessment planned for Q4 2025.
Leadership insights
“We are excited to be back in the field for a spring start and to follow up on the success from 2024,” Duncan McKay, Banyan Gold’s vice president of exploration, said in a statement. “Last year’s program set the foundation for our 2025 drill campaign with the potential to further delineate relatively high-grade mineralized domains in Airstrip and Powerline. Both deposits have promising targets for expansion and are open in all directions. Geophysical surveys combined with soil sample anomalies provide opportunities for additional drill discoveries on our largely untested land package.”
About Banyan Gold
Banyan is a gold miner advancing its AurMac project in Canada’s Yukon Territory. The company holds the right to earn up to 100 per cent of the project, subject to certain royalties. Banyan’s 125-square-kilometre Hyland gold project, also in the Yukon, resides on the Tintina gold belt.
Banyan Gold stock (TSXV:BYN) last traded at C$0.23 per share. The stock has given back 30.30 per cent year-over-year but remains up by 360 per cent since 2020.
Join the discussion: Find out what everybody’s saying about this Canadian gold stock on the Banyan Gold Corp. Bullboard and check out Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
(Top image: Banyan Gold)
