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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 Dec 08, 2021 5:14am
112 Views
Post# 34209403

RE:RE:RE:Aurex Hill Zone Diamond Drill Results

RE:RE:RE:Aurex Hill Zone Diamond Drill Results

This is why I ask the question: what is a good number : a huge grade on a small portion of a field, a lower (and so looking less attractive) number but on a large land, with low production costs.. and so on..

Tara has been active promoting the field and I trust her. But at the same time, it increased my expectations in terms of grade (or upside surprise). And last result are not "stellar" in my opinion because they are just confirming that there are gold interception everywhere but not "huge".

So it is clearly not BAD, but not enough good to be a game changer in term of pps at the moment. 

The market doesn't agree or disagree at first sight.. anemic volume to draw conclusions... just retail trading.

Looks like we will have to wait for 2022 for next milestone.

 

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