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Banyan Gold Corp V.BYN

Alternate Symbol(s):  BYAGF

Banyan Gold Corp. is a Canada-based company, which is engaged in the business of exploration and development of mineral property. The Company holds three main projects in the mining friendly Yukon Territory: AurMac Project, Nitra Claims and Hyland Gold Project. The Company’s flagship asset is AurMac Gold Project located in the Mayo Mining District. It has earned a 51% and 75% interest in and has the right to earn a 100% interest in each of the Aurex Property and McQuesten Property subject to certain royalties. The AurMac Project covers over 173 square kilometers (km2). The Nitra Gold Project is located in the Mayo Mining district, approximately 10 kilometers west of the AurMac Gold property, within the traditional territory of the First Nation of Na-Cho Nyak Dun. The Nitra Gold Project has around 1,442 claims (296 km2). The Hyland Gold Project consists of 927 active Yukon registered quartz mineral claims totaling over 18,620 hectares in an area that is road accessible from Watson Lake.


TSXV:BYN - Post by User

Comment by Greatdaysaheadon Jan 12, 2021 11:09am
154 Views
Post# 32275803

RE:Quantifying Resource

RE:Quantifying Resource

My understanding is that exploration is quite cheap and easier compare to other places thanks to the infrasructure.

As per their last presentation,page 7, they think they are financed into 2022. Not sure if it means for 2021 and 2022 or up to some time in 2022...

So I would maybe disagree here :-)

I am looking to increase my investment here and would certainly do that if price goes sub .20 in the near term.

Anyway, between now and a potential new financing next year, we will have new result and hopefully proven reserve which will translate in a higher pps.

 

 

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