from Banyan Gold Corp. (CVE:BYN)
Banyan Gold Continues to Intersect High-Grade Gold in Powerline, AurMac Deposit, Yukon, Canada
VANCOUVER, BC / ACCESS Newswire / April 7, 2026 / Banyan Gold Corp . (the "Company" or "Banyan") (TSXV:BYN)(OTCQB:BYAGF) is pleased to announce additional drill results with high-grade gold ("Au") mineralization from the 2025 drill program in the Powerline Deposit ("Powerline") at its AurMac Project ("AurMac"), Yukon, Canada.
Powerline Highlights from within areas classified as "waste" in the 2025 Resource block model:
AX-25-739 - 1.55 g/t Gold ("Au") over 9.9 metres ("m") , AND 0.84 g/t Au over 18.7m , including 8.76 g/t Au over 1.5m;
AX-25-793B - 1.44 g/t Au over 7.5m , within 0.53 g/t Au over 35.0m;
AX-25-806 - 0.98 g/t Au over 11.0m , within 0.37 g/t Au over 34.0m;
AX-25-809 - 0.81 g/t Au over 9.0m, within 0.64 g/t Au over 14.6m;
AX-25-818 - 1.57 g/t Au over 6.6m , within 0.74 g/t Au over 16.5m;
AX-26-820 - 0.86 g/t Au over 10.2m , within 0.48 g/t Au over 60.0m.
Eastern Powerline (previously referred to as Aurex Hill Area) Highlights detailed below, which improve continuity and expand high-grade domains in satellite pit:
AX-25-781 - 0.87 g/t Au over 6.0m, within 0.32 g/t Au over 24.5m;
AX-25-786 - 0.73 g/t Au over 75.8m , including high grade interval of 27.9 g/t Au over 1.5m;
AX-25-800B - 0.70 g/t Au over 10.9m , within 0.41 g/t Au over 46.9m
"A key objective of the 2025 drill program was to optimize and improve economics for the upcoming Preliminary Economic Assessment (PEA). The drillholes in this release were strategically targeted in areas identified by the 3D model as potential zones where waste blocks could be converted into high-grade ore by extending both new and previously identified mineralized domains," said Tara Christie, President and CEO. "These results successfully achieve that goal and demonstrate the continuity of high-grade gold mineralization associated with sheeted veins in the core and the eastern portion of Powerline Deposit."
Figure 1: Plan map of Central Powerline with highlighted drill intervals from this release.
Figure 2: Cross-section 466950mE in Powerline (See Figure 1). High-grade mineralization associated with sheeted veins extends high-grade mineralized domains and has potential to convert near-surface waste blocks into high-grade ore while confirming continuity of the mineralization in Powerline and effective targeting based on the new geologic model.
Figure 3: Diamond drill core from AX-25-818. Sheeted veins cutting metasedimentary rocks of the Hyland group, typical of the Powerline deposit hosting trace Bismuth sulphosalts, arsenopyrite and visible gold (See Figure 2).
Figure 4: Plan map of highlight gold intersections in Eastern Powerline (Aurex Hill). Cross-sections 468900mE (Figure 5) and 469200mE (Figure 6) highlight potential waste block conversion and high-grade intervals near surface and extending up-dip at depth.
Figure 5: High-grade mineralization near surface in drillhole AX-25-800B has potential to convert additional waste blocks in the Eastern Powerline (Aurex Hill) satellite pit.
Figure 6: High-grade mineralization in drillholes AX-25-781, -783, and -786 has potential to convert near-surface waste blocks and demonstrate improved continuity in lower domains in the Eastern Powerline (Aurex Hill) satellite pit.
Table 1: Diamond drillhole assay intercepts for Powerline in this release.
HOLE NUMBER | depth from | depth to | Au Interval (m) | Au Interval (g/t) |
AX-25-739 | 15.0 | 22.5 | 7.5 | 0.31 |
and | 47.4 | 51.6 | 4.2 | 0.28 |
and | 68.7 | 69.7 | 1.0 | 0.48 |
and | 82.6 | 104.8 | 22.2 | 0.30 |
including | 99.8 | 104.8 | 5.0 | 0.50 |
including | 99.8 | 100.0 | 0.2 | 5.25 |
and | 123.4 | 133.3 | 9.9 | 1.15 |
including | 123.4 | 124.6 | 1.2 | 2.79 |
and including | 133.0 | 133.3 | 0.3 | 16.10 |
and | 150.9 | 169.6 | 18.7 | 0.84 |
including | 164.6 | 166.1 | 1.5 | 8.76 |
and | 189.0 | 204.0 | 15.0 | 0.37 |
including | 203.2 | 203.4 | 0.2 | 2.62 |
and | 219.6 | 221.1 | 1.5 | 0.39 |
AX-25-793B | 28.1 | 29.5 | 1.4 | 0.31 |
and | 58.0 | 101.0 | 43.0 | 0.37 |
including | 86.0 | 87.5 | 1.5 | 2.05 |
and including | 98.0 | 99.5 | 1.5 | 2.24 |
and | 118.0 | 153.0 | 35.0 | 0.53 |
including | 119.5 | 127.0 | 7.5 | 1.44 |
and | 179.5 | 202.5 | 23.0 | 0.34 |
and | 227.0 | 228.5 | 1.5 | 1.06 |
AX-25-806 | 10.0 | 44.0 | 34.0 | 0.37 |
including | 15.0 | 16.0 | 1.0 | 5.29 |
and including | 30.5 | 32.0 | 1.5 | 1.74 |
and | 86.5 | 118.5 | 32.0 | 0.42 |
including | 88.5 | 99.5 | 11.0 | 0.98 |
including | 98.5 | 99.5 | 1.0 | 4.51 |
and | 136.0 | 142.0 | 6.0 | 0.37 |
and | 156.5 | 158.0 | 1.5 | 0.76 |
and | 168.5 | 170.0 | 1.5 | 0.59 |
and | 180.2 | 181.5 | 1.3 | 0.99 |
and | 193.0 | 194.0 | 1.0 | 0.32 |
AX-25-809 | 33.0 | 82.8 | 49.8 | 0.43 |
including | 33.0 | 52.7 | 19.7 | 0.39 |
and including | 67.8 | 70.9 | 3.1 | 1.92 |
and | 143.5 | 158.1 | 14.6 | 0.64 |
including | 147.5 | 156.5 | 9.0 | 0.81 |
and | 179.0 | 180.0 | 1.0 | 0.61 |
and | 208.7 | 209.8 | 1.1 | 0.75 |
and | 216.4 | 220.0 | 3.6 | 0.46 |
and | 250.5 | 258.0 | 7.5 | 0.49 |
including | 250.5 | 252.0 | 1.5 | 1.45 |
and | 283.4 | 285.0 | 1.6 | 2.31 |
AX-25-811 | 29.5 | 44.7 | 15.2 | 0.40 |
including | 29.5 | 31.4 | 1.9 | 1.87 |
and | 82.3 | 117.6 | 35.3 | 0.37 |
including | 82.3 | 84.0 | 1.7 | 2.65 |
and including | 107.2 | 116.5 | 9.3 | 0.55 |
including | 116.0 | 116.5 | 0.5 | 6.55 |
and | 147.8 | 149.4 | 1.6 | 0.72 |
and | 173.1 | 174.6 | 1.5 | 0.28 |
and | 193.7 | 195.0 | 1.3 | 1.21 |
and | 214.7 | 217.8 | 3.1 | 0.70 |
AX-25-818 | 7.5 | 9.1 | 1.6 | 0.71 |
and | 22.9 | 82.0 | 59.1 | 0.27 |
including | 37.4 | 38.7 | 1.3 | 1.16 |