Banyan Gold - Updated 7.7Moz Resource With Over 2.2Moz Now Indicated, AurMac Projects
President and CEO of Banyan Gold (TSX.V:BY - OTCQB:BYAGF), Tara Christie returns to discuss the updated Mineral Resource Estimate at the AurMac Project in the Yukon.
Key Milestone: Over 2.27 million ounces of gold converted to the Indicated category at 0.63 g/t Au, marking a major step forward in project de-risking ahead of a planned PEA in Q4.
Tara breaks down:
- The significance of the conversion from Inferred to Indicated resources
- Higher-grade zones emerging at both the Powerline and Airstrip deposits
- The strategic 30,000-meter drill program underway, with ~60 holes still to report
- Exploration upside, starter pit potential, and progress on metallurgical test work
- Cash position ($18M) and funding through the PEA and winter drilling
For follow-up questions for Tara, leave a comment or contact us directly. My email address is Fleck@kereport.com.
