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Banyan Gold Corp.
Summary
| Project: | Aurex-McQuesten | |
|---|---|---|
| Deposit: | Airstrip | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/2/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-12-2019: Banyan Gold Corp. announces an Exploration/Drilling Update report for its Airstrip deposit at the Aurex-McQuesten project. Drilling results incl. 106.7m @ 0.63g/t Au. VANCOUVER, December 2, 2019 - Banyan Gold Corp. (the "Company" or "Banyan") ( | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Gray (Not stated) | |
| ABSTRACT: | VANCOUVER, December 2, 2019 - Banyan Gold Corp. (the "Company" or "Banyan") (TSX-V: BYN) is pleased to announce results from the next four (4) diamond drillholes of the recently completed 3,385m (26 hole) Phase 2 diamond drill program on the Company’s Aurex-McQuesten Gold Project near Mayo, Yukon. This drilling was designed to expand the strike length of the mineralization of Airstrip Block “1”, from 500 metres to >1 kilometre. Three of these four holes, MQ-19-46, MQ-19-52 and MQ-19-53 extended Airstrip mineralization up to 250 metres. Drillhole MQ-19-51 is the fifth and final hole from the Phase 2 drill program testing the mineralization west of ‘Block 1’ (News Release November 18). All remaining drill holes from the Phase 2 program target the previously undrilled eastern extension of Airstrip mineralization and Powerline Zone. “These latest Airstrip Zone results continue to impress, with each successive hole intersecting consistent intervals of near-surface gold mineralization within the host unit defined by Bayan’s geologic model. Thus far the program results have increased not only overall confidence in the Airstrip Zone, but significantly expanded the target to the East with fence drilling step-outs. Assays returned to date have meaningfully added tonnage and defined higher-grade zones within a previously undrilled portion of the growing Airstrip Zone”, stated Tara Christie, President and CEO of Banyan. | |
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