Banyan Gold Intersects 13.03 g/t Gold Over 14.2 Metres at AurMac

By Mining Hub News Desk
17 August 2026, 7:53 a.m. EDT 2 min read

Banyan Gold Intersects 13.03 g/t Au over 14.2m at Powerline North, AurMac, Yukon, Canada - Banyan Gold Corp.
Visible gold occurrences in drillhole AX-26-874.. Source: Banyan Gold Corp.

Banyan Gold Corp. has intersected 13.03 grams per tonne gold over 14.2 metres, including 142.70 grams per tonne gold over 1.0 metre, in the northern portion of the Powerline Deposit at the AurMac Project in Yukon, Canada.

Drillhole AX-26-874 extended high-grade mineralization into the largely undrilled gap between the Powerline and Airstrip deposits, an area currently classified as unmineralized within the current Mineral Resource model. The high-grade interval is characterized by a high density of extensional quartz veins containing bismuth sulphosalts, arsenopyrite, and pyrite, alongside multiple occurrences of visible gold. The 1.0-metre interval grading 142.70 grams per tonne gold is associated with a locally brecciated extensional quartz vein containing coarse-grained to semi-massive arsenopyrite.

Additional assay results from Powerline North include drillhole AX-26-840, which returned 1.86 grams per tonne gold over 13.9 metres, including 22.30 grams per tonne gold over 1.0 metre, and a wider intercept of 0.42 grams per tonne gold over 59.0 metres. Drillhole AX-26-871 intersected 1.42 grams per tonne gold over 13.5 metres, including 16.03 grams per tonne gold over 0.6 metres.

The results form part of Banyan’s ongoing 2026 drill program at AurMac, which focuses on resource conversion, expansion, and delineation of higher-grade mineralized domains within and adjacent to the current resource envelope. Banyan’s primary asset is the AurMac Project, comprising the Airstrip and Powerline deposits hosted within the Traditional Territory of the First Nation of Na-Cho Nyäk Dun.

“The 13.03 g/t Au over 14.2 metres intersected in AX-26-874 is an exceptional result, while its location is equally important,” stated Tara Christie, President & CEO.

“This intercept extends high-grade mineralization into the largely undrilled gap between Powerline and Airstrip, an area currently classified as unmineralized in the resource model. Our 2026 program is designed not only to convert resources, but also to identify these higher-grade domains and demonstrate the potential to increase both contained ounces and the overall grade profile at AurMac.”

— Tara Christie, President & CEO

As part of its ongoing development timeline for the project, Banyan expects to deliver a Preliminary Economic Assessment for AurMac in the second half of 2026.

Read the full announcement: Banyan Gold Intersects 13.03 g/t Au Over 14.2m at Powerline North, AurMac, Yukon, Canada