Precious Metals
Banyan Gold (TSXV:BYN) Reports Results From Powerline and Aurex Hill Deposits, Intersecting 1.02 g/t gold over 34.8 Metres
Banyan Gold (TSXV:BYN) has announced new analytical results from 37 diamond drill holes collared during the 2022 exploration program for the Aurex Hill…
Banyan Gold (TSXV:BYN) has announced new analytical results from 37 diamond drill holes collared during the 2022 exploration program for the Aurex Hill and Powerline deposits at its AurMac Property in Yukon.
The results are consistent with the previous drill results at both deposits and confirm and expand the areal extent of the interpreted gold mineralization. Power and Aurex hill are contained in a metasedimentary package that consists mainly of schists, quartzites, and limestones from the late Proterozoic to Cambrian Hylan Group. The company chiefly associates the gold mineralization with low-angle quartz-sulfosalt-arsenopyrite veins, which crosscut all lithologies. This has been interpreted to be associated with a large intrusion-related gold system that has been typical of the Selwyn Basin and Tombstone Gold Belt deposits. Banyan has also identified a strong bismuth-gold association at AurMac, which is being used to establish possible new exploration vectors.
Tara Christie, President & CEO of Banyan Gold, commented in a press release: “2022 drill results continue to expand the extent of near/on-surface gold mineralization at the Powerline and Aurex Hill Deposits. Both deposits remain open and these most recent results received have demonstrated two notable mineralized trends in Aurex Hill.”
Highlights from the results are as follows:
- 62.2 metres (“m”) of 0.59 g/t Au from 269.5 m in DDH AX-22-306
- 32.5 m of 0.69 g/t Au from 52.4 m in DDH AX-22-312
- 45.4 m of 0.57 g/t Au from 115.8 m in DDH AX-22-321
- 47.7 m of 0.70 g/t Au from 47.7 m in DDH AX-22-323
- 46.9 m of 0.65 g/t Au from 149.4 m in DDH AX-22-333
- 66.5 m of 0.36 g/t Au from surface (4.6 m) in DDH AX-22-341
- 34.8 m of 1.02 g/t Au from 153.9 m in DDH AX-22-346
- 42.9 m of 0.80 g/t Au from 100.0 m in DDH AX-22-354
- 63.8 m of 0.69 g/t Au from 160.2 m in DDH AX-22-357
- 55.5 m of 0.45 g/t Au from 121.9 m in DDH AX-22-358
- 144.8 m of 0.30 g/t Au from 12.2 m in DDH AX-22-360
- 143.2 m of 0.31 g/t Au from 18.3 m in DDH AX-22-362
Table 1: Highlighted Powerline and Aurex Hill Diamond Drill Analytical Results. (Maps, sections and full assay results will be made available on Banyan’s website).
Hole ID | From (m) | To (m) | Interval (m*) | Au (g/t) |
AX-22-287 | 117.4 | 239.8 | 122.4 | 0.20 |
AX-22-297 | 60.8 | 68.6 | 7.8 | 0.36 |
and | 120.4 | 124.9 | 4.5 | 0.41 |
and | 154.8 | 191.8 | 37.0 | 0.33 |
AX-22-300 | 89.4 | 98.5 | 9.1 | 0.23 |
and | 167.4 | 176.2 | 8.8 | 0.30 |
and | 200.0 | 202.9 | 2.9 | 0.79 |
and | 224.8 | 268.6 | 43.8 | 0.30 |
AX-22-306 | 174.9 | 202.0 | 27.1 | 0.40 |
and | 269.5 | 331.7 | 62.2 | 0.59 |
AX-22-307 | 142.5 | 159.5 | 17.0 | 0.24 |
AX-22-309 | 91.4 | 96.0 | 4.6 | 0.23 |
and | 106.7 | 154.8 | 48.1 | 0.23 |
and | 192.3 | 230.1 | 37.8 | 0.24 |
AX-22-312 | 52.4 | 84.9 | 32.5 | 0.69 |
and | 166.6 | 193.3 | 26.7 | 0.25 |
AX-22-318 | 166.1 | 191.3 | 25.2 | 0.50 |
AX-22-321 | 39.6 | 54.9 | 15.3 | 0.41 |
and | 115.8 | 161.2 | 45.4 | 0.57 |
and | 214.3 | 227.1 | 12.8 | 0.22 |
and | 241.6 | 257.3 | 15.7 | 0.20 |
AX-22-323 | 46.2 | 53.3 | 7.1 | 0.22 |
and | 83.8 | 131.5 | 47.7 | 0.70 |
and | 260.3 | 263.7 | 3.4 | 0.58 |
AX-22-324 | 48.5 | 73.8 | 25.3 | 0.27 |
and | 180.1 | 195.1 | 15.0 | 0.23 |
AX-22-325 | 8.5 | 29.4 | 20.9 | 0.27 |
and | 43.3 | 52.1 | 8.8 | 0.56 |
AX-22-330 | 84.9 | 94.1 | 9.2 | 0.43 |
and | 177.7 | 185.9 | 8.2 | 0.27 |
and | 198.1 | 211.8 | 13.7 | 0.33 |
AX-22-332 | 40.0 | 49.0 | 9.0 | 0.45 |
and | 142.5 | 150.8 | 8.3 | 0.64 |
and | 202.6 | 220.4 | 17.8 | 0.32 |
and | 263.7 | 332.2 | 68.5 | 0.24 |
AX-22-333 | 54.0 | 90.9 | 36.9 | 0.36 |
and | 121.9 | 135.0 | 13.1 | 0.38 |
and | 149.4 | 196.3 | 46.9 | 0.65 |
AX-22-334 | 20.7 | 24.6 | 3.9 | 0.57 |
and | 146.3 | 152.4 | 6.1 | 0.26 |
and | 167.9 | 172.9 | 5.0 | 0.39 |
AX-22-335 | 9.5 | 44.2 | 34.7 | 0.27 |
and | 55.5 | 61.5 | 6.0 | 0.33 |
and | 74.5 | 80.8 | 6.3 | 0.22 |
AX-22-340 | 39.6 | 54.9 | 15.3 | 0.37 |
and | 67.1 | 95.3 | 28.2 | 0.31 |
and | 102.8 | 137.2 | 34.4 | 0.33 |
and | 149.4 | 180.7 | 31.3 | 0.27 |
AX-22-341 | 4.6 | 71.1 | 66.5 | 0.36 |
AX-22-342 | 96.0 | 122.5 | 26.5 | 0.44 |
and | 240.8 | 254.4 | 13.6 | 0.77 |
AX-22-343 | 1.5 | 25.9 | 24.4 | 0.42 |
and | 35.1 | 65.6 | 30.5 | 0.37 |
and | 99.0 | 146.3 | 47.3 | 0.31 |
and | 185.9 | 197.5 | 11.6 | 0.40 |
AX-22-344 | 9.1 | 36.6 | 27.5 | 0.23 |
AX-22-345 | 93.9 | 101.8 | 7.9 | 0.32 |
and | 150.8 | 165.0 | 14.2 | 0.87 |
AX-22-346 | 4.3 | 18.9 | 14.6 | 0.38 |
and | 41.1 | 55.7 | 14.6 | 0.79 |
and | 153.9 | 188.7 | 34.8 | 1.02 |
AX-22-347 | 156.3 | 190.5 | 34.2 | 0.35 |
AX-22-348 | 18.1 | 49.0 | 30.9 | 0.58 |
and | 71.7 | 80.4 | 8.7 | 0.88 |
and | 172.2 | 185.9 | 13.7 | 0.43 |
AX-22-349 | 100.6 | 120.1 | 19.5 | 0.26 |
AX-22-351 | 175.7 | 200.4 | 24.7 | 0.22 |
AX-22-352 | 14.9 | 44.2 | 29.3 | 0.31 |
and | 71.3 | 82.4 | 11.0 | 0.25 |
and | 123.9 | 185.2 | 61.3 | 0.24 |
AX-22-353 | 187.4 | 220.8 | 33.4 | 0.20 |
and | 245.4 | 297.2 | 51.8 | 0.20 |
AX-22-354 | 4.6 | 36.6 | 32.0 | 0.22 |
and | 100.0 | 142.9 | 42.9 | 0.80 |
AX-22-355 | 12.1 | 59.4 | 47.3 | 0.27 |
and | 152.5 | 158.5 | 6.0 | 0.39 |
and | 185.5 | 217.9 | 32.4 | 0.23 |
AX-22-357 | 0.5 | 7.6 | 7.1 | 0.24 |
and | 15.3 | 29.0 | 13.7 | 0.20 |
and | 50.3 | 88.4 | 38.1 | 0.20 |
and | 160.2 | 224.0 | 63.8 | 0.69 |
AX-22-358 | 4.6 | 48.0 | 43.4 | 0.26 |
and | 121.9 | 177.4 | 55.5 | 0.45 |
and | 192.0 | 208.2 | 16.2 | 0.42 |
AX-22-360 | 12.2 | 157.0 | 144.8 | 0.29 |
AX-22-362 | 18.3 | 161.5 | 143.2 | 0.31 |
AX-22-369 | 3.1 | 132.1 | 129.0 | 0.24 |
*True widths are estimated to be approximately 90% of drilled intervals.
Table 2: Drill Collar Location for Released Results
Collar ID | East NAD83_Z8 | North NAD83_Z8 | Elev. (m) | Azimuth | Dip (°) | Depth (m) |
AX-22-287 | 466396 | 7083706 | 729 | 003 | -60 | 271.3 |
AX-22-297 | 466099 | 7082802 | 734 | 001 | -60 | 296.7 |
AX-22-300 | 466105 | 7082898 | 733 | 004 | -62 | 307.9 |
AX-22-306 | 466005 | 7082807 | 730 | 360 | -58 | 350.5 |
AX-22-307 | 465898 | 7082903 | 726 | 007 | -56 | 256.0 |
AX-22-309 | 465898 | 7082798 | 725 | 008 | -60 | 277.4 |
AX-22-312 | 465998 | 7083095 | 722 | 357 | -62 | 283.5 |
AX-22-318 | 469662 | 7082500 | 995 | 355 | -58 | 210.3 |
AX-22-321 | 465899 | 7083099 | 717 | 355 | -53 | 299.2 |
AX-22-323 | 465797 | 7083105 | 708 | 008 | -62 | 289.6 |
AX-22-324 | 469270 | 7082902 | 972 | 357 | -64 | 205.7 |
AX-22-325 | 469328 | 7081900 | 972 | 358 | -59 | 233.2 |
AX-22-330 | 469102 | 7082402 | 984 | 004 | -62 | 236.5 |
AX-22-332 | 465800 | 7082897 | 723 | 001 | -57 | 345.9 |
AX-22-333 | 469095 | 7082516 | 980 | 359 | -63 | 200.6 |
AX-22-334 | 469096 | 7082899 | 956 | 358 | -60 | 193.9 |
AX-22-335 | 469099 | 7082596 | 976 | 001 | -61 | 209.1 |
AX-22-340 | 468997 | 7082503 | 972 | 004 | -60 | 192.0 |
AX-22-341 | 469003 | 7082605 | 965 | 357 | -59 | 222.5 |
AX-22-342 | 465699 | 7083099 | 702 | 353 | -58 | 286.5 |
AX-22-343 | 469006 | 7082701 | 957 | 002 | -60 | 207.3 |
AX-22-344 | 469005 | 7082802 | 953 | 356 | -60 | 213.4 |
AX-22-345 | 465698 | 7083203 | 700 | 003 | -59 | 248.4 |
AX-22-346 | 468899 | 7082603 | 954 | 347 | -59 | 210.3 |
AX-22-347 | 465601 | 7083203 | 697 | 011 | -58 | 309.4 |
AX-22-348 | 468901 | 7082691 | 947 | 006 | -60 | 202.7 |
AX-22-349 | 468903 | 7082798 | 941 | 003 | -61 | 202.7 |
AX-22-351 | 469000 | 7082904 | 946 | 044 | -59 | 243.8 |
AX-22-352 | 468800 | 7082703 | 933 | 348 | -61 | 201.2 |
AX-22-353 | 465597 | 7083001 | 703 | 359 | -57 | 303.3 |
AX-22-354 | 468697 | 7082606 | 926 | 006 | -60 | 201.2 |
AX-22-355 | 468598 | 7082303 | 929 | 359 | -60 | 220.1 |
AX-22-357 | 468603 | 7082190 | 934 | 002 | -61 | 227.1 |
AX-22-358 | 468606 | 7082105 | 941 | 003 | -58 | 253.2 |
AX-22-360 | 468602 | 7082006 | 944 | 005 | -60 | 222.5 |
AX-22-362 | 468702 | 7082002 | 955 | 358 | -61 | 233.2 |
AX-22-369 | 468803 | 7082004 | 965 | 359 | -62 | 235.3 |
Table 3: Pit-Constrained Inferred Mineral Resources – AurMac Property
Deposit |
Gold Cut-Off g/t |
Tonnage M Tonnes |
Average Gold Grade
g/t |
Gold Content k oz |
Airstrip | 0.2 | 42.5 | 0.64 | 874 |
Powerline | 0.2 | 152.0 | 0.59 | 2,898 |
Aurex Hill | 0.3 | 12.5 | 0.53 | 215 |
Total Combined | 0.2 – 0.3 | 207.0 | 0.60 | 3,990 |
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.
The post Banyan Gold (TSXV:BYN) Reports Results From Powerline and Aurex Hill Deposits, Intersecting 1.02 g/t gold over 34.8 Metres appeared first on MiningFeeds.
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