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Banyan Gold Corp.

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Summary

Project:

Aurex-McQuesten

Deposit:McQuesten
Location:Canada
Commodities:Gold-Silver
Date:10/4/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:4-10-2017: Banyan Gold Corp. announces an Exploration/Drilling Update report for its McQuesten deposit at the Aurex-McQuesten project. Drilling results incl. 13.2m @ 1.0g/t Au, 0.8g/t Ag from 77.0m. BANYAN GOLD CORP. (“Banyan” or the “Company”) is pleased
Resources:x
CP/QP:[Overall Report]: Paul D. Gray (Internal)
ABSTRACT:BANYAN GOLD CORP. (“Banyan” or the “Company”) is pleased to release results of four drill holes on the Aurex Hill target, the final drill results of the recently completed 10-hole drill campaign on the Aurex-McQuesten Property (the “Property”). The Company has previously announced results from six holes, on the McQuesten Showing (see news releases dated July 28th , September 11th and 13 th, 2017). All of the four holes targeting the Aurex Hill Showing, located approximately 2.9 km south of the McQuesten Showing, encountered near surface anomalous gold mineralization as detailed in the table below. Tara Christie, President & CEO, states “Banyan’s 2017 Exploration Program focused on trenching and drilling in two primary target areas, the McQuesten and Aurex Hill and has been effective in defining and expanding the known near surface mineralization in these zones. The property is underexplored with many targets to follow up on. Banyan is uniquely positioned to cost effectively advance the Property after consolidating the land position this spring, and thereafter compiling the geological and geophysical data set. This was followed-up with an effective exploration program funded by Alexco Resource Corp and Victoria Gold Corp, as part of the acquisition deal. The program involved drilling, trenching, a VTEM survey and a property wide geochemical survey, resulting in the identification of new target areas.”

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