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Banyan Gold Corp.
Summary
| Project: | Aurex-McQuesten | |
|---|---|---|
| Deposit: | Airstrip | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/18/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-11-2019: Banyan Gold Corp. announces an Exploration/Drilling Update report for its Airstrip deposit at the Aurex-McQuesten project. Drilling results incl. 89.4m @ 0.43g/t Au from 39.3m. VANCOUVER, November 18, 2019 - Banyan Gold Corp. (the "Company" or | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Gray (Not stated) | |
| ABSTRACT: | VANCOUVER, November 18, 2019 - Banyan Gold Corp. (the "Company" or "Banyan") (TSX-V: BYN) is pleased to announce results from the first four (4) diamond drill holes from the recently completed 3,385m (26 holes) diamond drill program and 497m (5 holes) Reverse Circulation (“RC”) Phase 2 drill program at the Company’s Aurex-McQuesten Gold Project near Mayo, Yukon. The program is designed to expand the Airstrip and Powerline targets; to 1 km and 250m of strike respectively. “These first results continue to define broad intervals of near-surface gold mineralization expanding the Airstrip Zone”, stated Tara Christie, President and CEO of Banyan. “Drilling was designed to test the continuation of mineralization by 500 metres along strike, meaningfully adding tonnage and defining higher-grade shoots.” Block “1” was defined at the Airstrip Zone in 2018, and outlines an approximately 90 m thick package of near surface and on surface mineralization with 500m of strike. These first four drillholes confirm150 metres of strike extension to the west of ‘Block 1’ of the Airstrip Zone and confirm the mineralization continues to be open to the west. All holes intersected consistent and broad intervals of gold mineralization from 0.4 to 0.6 g/t Au, including: 74.2 metres of 0.48 g/t Au, 89.4 metres of 0.43 g/t Au, 36.2 metres of 0.61 g/t Au and 38.0 metres of 0.43 g/t Au. All of the holes also returned higher grade zones, punctuating the broad mineralization. | |
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