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Banyan Gold Corp. V.BYN

Alternate Symbol(s):  BYAGF

Banyan Gold Corp. is a Canada-based exploration company. The Company is focused on two Yukon gold properties, the AurMac Gold Project and Hyland Gold Project. The Hyland Gold Project is located in the Watson Lake Mining District in the southeast Yukon, approximately 74 kilometers northeast from the town of Watson Lake within the traditional territory of the Kaska Dena Nation (Liard First Nation). It consists of approximately 927 active Yukon registered quartz mineral claims totaling over 18,620 hectares in area that is road accessible from Watson Lake. The AurMac Gold Project is located in the Mayo Mining district, approximately 56 kilometers northeast from the village of Mayo and 356 kilometers north of Whitehorse, within the traditional territory of the First Nation of Na-Cho Nyak Dun. The project consists of approximately 506 active Yukon registered quartz mineral claims totaling over 9,230 hectares.


TSXV:BYN - Post by User

Comment by givemeabreak1on Jul 21, 2023 9:18am
62 Views
Post# 35551189

RE:Facts for give us a break. No fiction or baseless nonsense.

RE:Facts for give us a break. No fiction or baseless nonsense.Cappy only the facts please!  Give us a break down of the recent drill results as to the grade and strip ratio!  Yes, fantastic that is seems to connect all deposits.  However,  it has to be economic! 

The next batch of drill results will be telling.  They definately will need to have better overall grades and widths.  This round of drilling is very important as it is likely the final round of expansion drilling.  The next financing will likely follow so they will need to enter it on an upbeat note as not to dilute more at lower prices!  Do not forget these are all inferred ounces some of which may or may not exists and some of which may or maynot be economic.

They will need about 25 million just to complete the infill drilling of the deposit.
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