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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

Post by donedeal88on Dec 31, 2021 10:30am
253 Views
Post# 34273671

TC year end comments

TC year end comments

It has been a real treat to participate with Tara these last several years.
Enjoy 2022.

Tara Christie (CEO @BanyanGold)
- The most memorable market experience was to see the transformation of Banyan in 2021 and the pathway for continued transformation through 2022. We started with a vision, optioned the AurMac properties in 2017 and with solid science, great people, capital discipline and a strong vision we are now on the way to significant resource update and with lots of blue sky exploration potential. The financing in August, was pretty memorable as well, being able to raise 16M with no warrants with institutional shareholders shows we have a whole new level of support and vetting of our project and team. We have momentum in our share price and our project and an exciting trajectory ahead.

We are gearing up for a continued resource expansion in 2022 with a 30,000 m drill program to build off the Resource update that we are on target to put out in Q2 – 2022. We have said that we feel that the 4 km x 5 km that we have focused on at AurMac has the potential for 3-5 m ounces, with our resource update and drilling in 2022 starting in January, we plan to show the market we are serious.

https://ceo.ca/@goldfinger/year-end-post-lessons-from-2021-the-promise-of-2022
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