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Banyan Gold Corp.
Summary
| Project: | Aurex-McQuesten | |
|---|---|---|
| Deposit: | Aurex-McQuesten | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 8/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-8-2017: Banyan Gold Corp. announces an Exploration/Drilling Update report for its Aurex-McQuesten deposit at the Aurex-McQuesten project. Drilling results incl. 30.7m @ 0.44g/t Au, 0.93g/t Ag from 24.4m. BANYAN GOLD CORP. (“Banyan” or the “Company”) is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul D. Gray (Internal) | |
| ABSTRACT: | BANYAN GOLD CORP. (“Banyan” or the “Company”) is pleased to announce analytical results from the first two holes from the recently completed ten-hole diamond drill campaign on the Aurex-McQuesten Property 2017 exploration program. Results from the first two of six diamond drill holes targeted the McQuesten showing area and are presented in the summary table below. The McQuesten showing area is a 1,000 metre x 400 metre wide zone of known near-surface gold and silver mineralization, where previous exploration results include drill intercepts of up to 120 m grading 1.36 g/t Au with intervals of up to 1.5 m grading 8.89 g/t Au (see Company news release dated May 25, 2017). The attached map provides the location of the drill holes and trenches and can be viewed at http://www.banyangold.com/projects/aurexmcquesten/ “With detailed oriented core measurements collected for the first time on the properties, and after a rigorous compilation of all historic exploration results, this year’s drill program has greatly assisted the understanding of the structural and geological controls on gold mineralization in the mineralized zone. These initial results are extremely encouraging, returning high-grade gold values over substantive widths and the remainder of the analytical results are expected in coming weeks” said Tara Christie, President and CEO. | |
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