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Bullboard - Stock Discussion Forum 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... see more

TSXV:BYN - Post Discussion

Banyan Gold Corp > Maybe I am Just Brain Dead?
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Post by givemeabreak1 on Jun 01, 2023 2:16am

Maybe I am Just Brain Dead?

So the lady says we needed to raise the cut off grade because we wanted to keep in line grade wise with Victoria Gold?  So if I am reading things correctly she is saying she had to raise the cut off grade 25% to keep the grade in line with Victoria and we all know how successful Victoria has been.  Maybe just me always reading things wrong?
Comment by rdy2rumble on Jun 01, 2023 12:59pm
Didn't Victoria gold just have a news release indicating record 1st quarter results..
Comment by givemeabreak1 on Jun 01, 2023 9:43pm
rdy I am not sure you would call Victoria's last quarter 'good new'!  There was some good news in it but it was not all that great especially when you look at their cost controls;
Comment by Powermano7 on Jun 01, 2023 2:19pm
Well Tera makes reference to Victoria every time she is interviewed so it makes sense to use the same cut off grade so everyone can compare the two resources. I also got the impression that she is not sold on a heap leach opperation based on victorias success. What I heard was she is looking at a mill operation for the higher grade ore with heap leach in combination to get the best financial ...more