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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 Jan 16, 2024 12:03am
125 Views
Post# 35828232

RE:RE:RE:Ugly Drill Results!

RE:RE:RE:Ugly Drill Results!Consistent is a bit of a vague term in the mining world.   It is often used when there is nothing real exciting to report and it is close enough.  Well in a low grade deposit close enough does not fit the bill so it needs to be close enough on the high side not the low side.  The other issue of course is the strip ratio at least to me and I am no expert seems to be higher.  Final issue is unlike the firt 4 million ounces where there was a high grade component I do not see one in this round of drilling.  Sort of disappointing.

At anyrate, just my humble opinion!
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