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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 givemeabreak1on Nov 15, 2022 1:00am
102 Views
Post# 35098789

RE:Sent in by A . Canadian . Growth To Tier I Potential

RE:Sent in by A . Canadian . Growth To Tier I PotentialDig deep into the article as it is sort of a passing note is the grade!  What have I said the average grade appears to be lower than the original resource!  It will be interesting to see what Banyan comes up with.  Just like the writer I did a back of the knapkin calculations and see the average grade as below .50.  The writer is actually more conservative and used .35 gpt for his calculations so the amount of ore could be quite a bit higher than his calcs!
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