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Banyan Expands Indicated and Inferred Mineral Resource Estimate and Improves Grade at AurMac Deposit, Yukon, Canada

Banyan Gold Corp. · BYN news official 2026-05-19

With the updated Mineral Resource report completed, the focus now shifts to the forthcoming maiden PEA, which will showcase the economic potential of AurMac,” stated Tara Christie, President and CEO. “With reference to the grade sensitivity table, with a cut-off of 0.55 g/t Au, contig

Briefing

With the updated Mineral Resource report completed, the focus now shifts to the forthcoming maiden PEA, which will showcase the economic potential of AurMac,” stated Tara Christie, President and CEO. “With reference to the grade sensitivity table, with a cut-off of 0.55 g/t Au, contig Key points: With the updated Mineral Resource report completed, the focus now shifts to the forthcoming maiden PEA, which will showcase the economic potential of AurMac,” stated Tara Christie, President and CEO. “With referenc; The updated MRE comprises an Indicated Mineral Resource of 3.64 million oz of gold (167.3 M tonnes at 0.68 g/t Au ) and an Inferred Mineral Resource of 4.98 M oz  of Au (267.2 M tonnes at 0.58 g/t Au ) (as defined i; This MRE will support the upcoming Preliminary Economic Assessment (“ PEA ”; expected second half of 2026) with increases in total indicated and inferred mineral resources from the 2025 MRE; More ounces, more indicated ounces, and a higher overall grade, demonstrating consistent performance across all metrics; The updated MRE incorporates an additional 42,000 metres (“ m ”) from 178 diamond drill holes within the Airstrip and Powerline deposits at AurMac (Figure 1); This new MRE exceeds the objectives set out for the 2025 diamond drill campaign at Banyan. “This is an important achievement for Banyan and our shareholders. This brief is based on the cited source artifact and is intended as a research entry point, not a replacement for the original source or EGM canonical data tables.

Source Notes

With the updated Mineral Resource report completed, the focus now shifts to the forthcoming maiden PEA, which will showcase the economic potential...

Extractive summary evidence · source

The updated MRE comprises an Indicated Mineral Resource of 3.64 million oz of gold (167.3 M tonnes at 0.68 g/t Au )...

Extractive summary evidence 2 · source

This MRE will support the upcoming Preliminary Economic Assessment (“ PEA ”; expected second half of 2026) with increases in total indicated...

Extractive summary evidence 3 · source

More ounces, more indicated ounces, and a higher overall grade, demonstrating consistent performance across all metrics.

Extractive summary evidence 4 · source

Extracted Document Text

This is the EGM normalized Markdown text available for this source. It helps search engines and researchers understand PDF, filing, or company-document content while the original source remains authoritative.

# Banyan Expands Indicated and Inferred Mineral Resource Estimate and Improves Grade at AurMac Deposit, Yukon, Canada

Source: https://banyangold.com/news-releases/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-grade-at-aurmac-deposit-yukon-canada/
Published: 2026-05-19T16:09:04+00:00
Fetched: 2026-09-12T06:59:15.422+00:00
Source artifact: edb6011b-abda-4a55-a341-34dabe14dd6d
Normalizer input: text

## Content

VANCOUVER, BC, May 19, 2026 – Banyan Gold Corp . (the “ Company ” or “ Banyan “) ( TSX-V: BYN ) ( OTCQB: BYAGF ) is pleased to announce its new Mineral Resource Estimate (“ MRE ” or the “ Mineral Resource ”) prepared in accordance with the National Instrument 43-101, Standards for Disclosure for Mineral Projects (“ NI-43-101 ”) for the AurMac Project (“ AurMac ” or the “ Project ”), Yukon Territory. The updated MRE incorporates an additional 42,000 metres (“ m ”) from 178 diamond drill holes within the Airstrip and Powerline deposits at AurMac (Figure 1). This MRE will support the upcoming Preliminary Economic Assessment (“ PEA ”; expected second half of 2026) with increases in total indicated and inferred mineral resources from the 2025 MRE.
The updated MRE comprises an Indicated Mineral Resource of 3.64 million oz of gold (167.3 M tonnes at 0.68 g/t Au ) and an Inferred Mineral Resource of 4.98 M oz  of Au (267.2 M tonnes at 0.58 g/t Au ) (as defined in the 2014 Canadian Institute of Mining, Metallurgy and Petroleum (“ CIM ”) Definition Standards for Mineral Resources & Mineral Reserves incorporated by reference into NI 43‑101). The updated MRE is summarized below in Table 1 . The AurMac Project pit-constrained MRE is contained in two near/on-surface deposits: The Airstrip and Powerline deposits. This new MRE exceeds the objectives set out for the 2025 diamond drill campaign at Banyan.
“This is an important achievement for Banyan and our shareholders. More ounces, more indicated ounces, and a higher overall grade, demonstrating consistent performance across all metrics. AurMac is growing in size, confidence, and quality. With the updated Mineral Resource report completed, the focus now shifts to the forthcoming maiden PEA, which will showcase the economic potential of AurMac,” stated Tara Christie, President and CEO. “With reference to the grade sensitivity table, with a cut-off of 0.55 g/t Au, contig