Banyan Gold Corp.: Banyan Gold Powerline Mineralization Expansion Continues, Including 0.75 G/T Gold Over 45.2 Metres, Aurmac Property, Yukon
Banyan Gold Corp. (the
Banyan ) (
TSXV:BYN) is pleased to announce the results from the next four diamond drill holes received from the 2021 exploration program on the AurMac Property, Yukon. These drill holes represent part of the larger, systematic 100 metre ( m ) spaced step-out grid drilling designed to expand the Powerline Deposit.
Assay highlights from these four 2021 Powerline Zone drill holes results include:
0.75 g/t Au over 46.6 metres from 52.5 m in AX-21-70
0.55 g/t Au over 51.9 metres from surface 115.8 m in AX-21-71
Banyan Gold Corp.: Banyan Gold Issues Incentive Stock Options
Banyan Gold Corp. (the
Banyan ) (
TSXV:BYN) is pleased to announce that the Board of Directors of the Company have granted 3,600,000 stock options to purchase 3,600,000 shares at an exercise price of $0.24 per share, expiring 5 years from the date of the grant. The options have a vesting period of up 18 months.
The stock options are being issued to field employees, consultants, Directors and Officers of the company. The options were granted under and are subject to the terms and conditions of the Company s stock option plan.
Upcoming Catalysts
Qualified Person
Paul D. Gray, P.Geo., Vice President of Exploration for the Company, is a qualified person as defined under NI 43-101 and has reviewed and approved the content of this news release.
Ward One Councilman Dan Marabello as he takes the Oath of Office via Zoom
Four Milford City Council members were sworn in at the Annual Reorganization Meeting held on May 3. The meeting was held virtually with each member using their own personal Bible as the Honorable Noel Primos issued the Oath of Office.
Ward Two Councilman Todd Culotta and his wife, Kalle, as he takes the Oath of Office via Zoom
Ward Three Councilman Doug Morrow, and his wife, Linda, as he takes the Oath of Office via Zoom
“I do solemnly swear to carry out the office of councilperson in accordance with the Charter of the City of Milford to the best of my ability,” each council person stated. “Freely acknowledging that the powers of this office flow from the people I am privileged to represent. I further swear always to place the public interest above any special or personal interests and to respect the right of future generations to share the rich, historic and natural heritage of Delaware. In doing so,
Banyan Gold Corp.: Banyan Gold Reports 0.88 g/t Gold Over 54.6 Metres in the First Holes from 2021 Powerline Drilling, Aurmac Property, Yukon
Banyan Gold Corp. (the
Banyan ) (
TSXV:BYN) is pleased to announce the first three diamond drill hole results from the 2021 exploration program on the AurMac Property, Yukon. These drillholes continue the systematic 100 metre ( m ) spaced step-out grid drilling from the Powerline Deposit.
Assay highlights from these first three 2021 Powerline Zone drillholes results include:
0.88 g/t Au over 54.6 metres from 80 m in AX-21-66
0.56 g/t Au over 67.5 metres from 60.5 m in AX-21-68
0.38 g/t Au over 177.9 metres from surface m in AX-21-67
Banyan Gold Corp.: Banyan Gold Drills 1.39 g/t Gold Over 41.7 Metres, Expanding the Powerline Zone, Aurmac Property, Yukon
Banyan Gold Corp. (the
Banyan ) (
TSXV:BYN) is pleased to announce the final set of diamond drill hole results from the 2020 exploration program on the AurMac Property, Yukon. These drill holes were focused on the expansion of the on/near-surface Powerline Deposit; this successful campaign intersected anomalous gold mineralization in every hole and the current diamond drilling program at AurMac is designed to continue to grow the Powerline Deposit.
Assay highlights from this final set of 2020 Powerline Zone drill holes results include: