Banyan Gold - Fully Funded 30,000m Drill Program Underway at AurMac
Tara Christie, President and CEO of Banyan Gold (TSX.V:BYN - OTCQB:BYAGF), joins me to provide an in-depth update on the 2025 drill program at the company’s flagship AurMac Gold Project in the Yukon. The drills are now turning with over 30,000 meters planned.
Banyan is fully funded with $24M in the treasury, and this year’s campaign is designed to advance both near-resource and blue-sky targets while feeding into an updated resource and a Preliminary Economic Assessment (PEA) planned for Q4.
We discuss:
- Three primary objectives of the drill program: high-grade definition, near-resource expansion, and regional discovery.
- Potential to add and upgrade ounces around the current 7Moz gold resource.
- Balancing timing between a resource update and the required PEA due by the end of 2025.
- Market sentiment, share liquidity improvements, and valuation potential vs. Yukon peers.
If you have any follow up questions for Tara please email me at Fleck@kereport.com.
