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Banyan Gold Corp.

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Summary

Project:

Aurex-McQuesten

Deposit:McQuesten
Location:Canada
Commodities:Gold-Silver
Date:9/13/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:13-9-2017: Banyan Gold Corp. announces an Exploration/Drilling Update report for its McQuesten deposit at the Aurex-McQuesten project. Drilling results incl. 107.7m @ 0.7g/t Au, 0.8g/t Ag from 33.7m. BANYAN GOLD CORP. (“Banyan” or the “Company”) is please
Resources:x
CP/QP:[Overall Report]: Paul D. Gray (Internal)
ABSTRACT:BANYAN GOLD CORP. (“Banyan” or the “Company”) is pleased to release assay results from the final two McQuesten Zone exploration drill holes collared during the recently completed Phase I, ten-hole exploration diamond drill campaign on the AurexMcQuesten Property this season. These holes represent the last two holes drilled on the McQuesten Zone of the Aurex-McQuesten Property and were designed to target the eastern portion of the McQuesten Zone. Highlighted results from these exploration drill holes include: 107.7 metres of 0.7 g/t gold from 33.7 to 141.4 metres in MQ17-029 and 19.1 metres of 0.7 g/t Au from drill hole MQ17-28 from 77.8 metres to 96.9 metres. These long intersections of anomalous mineralization were punctuated by high-grade intervals such as 4.1 metres of 2.4 g/t gold from 77.8 to 81.9 metres in MQ17-028 and 1.5 metres of 8.4 g/t gold from 110.6 to 112.1 metres in drill hole MQ17-029. Holes MQ17-028 and MQ17-029, were 50 metre step out holes, off-section and onsection, respectively with previous exploration drillholes, in an area that included 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 (MQ03-009 - see Company news release dated May 25, 2017), and has expanded the area of known mineralization continuity with these results.

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