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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 Betteryear2on Sep 16, 2024 8:23am
120 Views
Post# 36225130

Banyan Metallurgy Update

Banyan Metallurgy UpdateVANCOUVER, BC / ACCESSWIRE / September 16, 2024 / Banyan Gold Corp. (the "Company" or "Banyan") (TSX-V:BYN)(OTCQB:BYAGF) is pleased to provide an update on ongoing metallurgical test program work for the Company's AurMac Project in the Yukon Territory. Test work is being conducted on the AurMac Project's Powerline Deposit ("Powerline") and Airstrip Deposit ("Airstrip") which host the Project's 7.0 million ounce ("Moz") gold inferred Mineral Resource Estimate ("MRE"). Results from the metallurgical test program utilizing bulk composite samples from Powerline and Airstrip demonstrate robust recoveries for multiple conventional mill processing options including gravity recovery in combination with Carbon in Leach ("CIL")/Carbon in Pulp ("CIP") and work is ongoing for flotation-leach. The Company will continue to advance and optimize these potential mill flow sheets through ongoing metallurgical test work to support future economic studies.

Banyan Metallurgy Update with 93% Recovery from Powerline, AurMac Project, Mayo, Yukon (accesswire.com)
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