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Banyan Gold Corp.
Summary
| Project: | Hyland | |
|---|---|---|
| Deposit: | Hyland | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 11/6/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-11-2017: Banyan Gold Corp. announces an Exploration/Drilling Update report for its Hyland deposit at the Hyland project. Drilling results incl. 79.37m @ 0.69g/t Au, 5.18g/t Ag from 23.35m. BANYAN GOLD CORP. (“Banyan” or the “Company”) is pleased to anno | |
| Resources: | (Resource, Inf.): 12.5Mt @ 0.9g/t Au, 5.59g/t Ag for 361koz Au contained at project | |
| CP/QP: | [Overall Report]: Paul D. Gray (Internal) | |
| ABSTRACT: | BANYAN GOLD CORP. (“Banyan” or the “Company”) is pleased to announce results from the next six holes of its 2017 Exploration Program at its 100% owned Hyland Gold Project (the “Property”) in the Yukon’s emerging Selwyn Basin District. The results from these next six holes, HY17-059 to HY17-062, HY17-064 and HY17-065, continue the process of building gold ounces within the deposit and extending the known Main Zone mineralization to the north. Highlighted results from these drill holes include. The 2017 Hyland exploration program was completed at the end of September and culminated with 3,847 metres of diamond drilling from 25 drill holes focused on in-fill drilling, step-out exploration and dedicated metallurgical drilling concentrated on the Hyland Gold Main Zone gold-silver deposit. This year’s exploration efforts were focused on increasing confidence in the Main Zone Resource* model as well as targeting resource expansion via testing the northern portion of the Main Zone, a previously under-tested zone prospective for the continuation of the Main Zone gold-silver mineralization. Tara Christie, President & CEO, stated “HY17-065 is 100 metres north from the last drill section utilized in the 2012 Hyland Main Zone resource model. More importantly this year’s results demonstrate continuation of on-surface, oxide mineralization to the north and to depth; both of which correlate well with our understanding of this predicable and continuously mineralized near-surface Main Zone gold-silver deposit. | |
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