# Banyan Gold Advances AurMac Toward a PEA with Engagement of Leading Mining Consultants, Yukon, Canada

Source Brief: https://evesgoldminers.com/research/source-briefs/banyan-gold-corp-2026-07-07-banyan-gold-advances-aurmac-toward-a-pea-with-engagem-e43c49fc
Original source: https://banyangold.com/news-releases/banyan-gold-advances-aurmac-toward-a-pea-with-engagement-of-leading-mining-consultants-yukon-canada/
Original published: 2026-07-07
EGM generated: 2026-09-27
Company: Banyan Gold Corp. (BYN)

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## Extracted Document Text

# Banyan Gold Advances AurMac Toward a PEA with Engagement of Leading Mining Consultants, Yukon, Canada

Source: https://banyangold.com/news-releases/banyan-gold-advances-aurmac-toward-a-pea-with-engagement-of-leading-mining-consultants-yukon-canada/
Published: 2026-07-07T07:00:00+00:00
Fetched: 2026-09-12T06:59:05.343+00:00
Source artifact: e43c49fc-521c-4b66-a76d-4cb050d5795b
Normalizer input: text

## Content

VANCOUVER, BC, July 7, 2026, – Banyan Gold Corp . (the “ Company ” or “ Banyan “) ( TSX-V: BYN ) ( OTCQB: BYAGF ) is pleased to announce the selection of consultants for the first Preliminary Economic Assessment (“ PEA ”) on the Company’s  AurMac Project . Banyan has engaged AMC Mining Consultants (Canada) Ltd., Lycopodium (Americas) Ltd., BGC Engineering Inc. and other independent contractors to complete the PEA in Q4 2026.
The PEA will incorporate the 2026 updated Mineral Resource Estimate (“ MRE ”) (Effective date May 15, the technical report is available for review on SEDAR+ at www.sedarplus.ca . and the Company’s website) utilising the results from the 43,700 metres (“ m ”) drill program completed in 2025) focused on converting the higher grade zones to indicated, upgrading of un-drilled or un-estimated areas which were thus classified as waste blocks to mineralized blocks, and to optimize the potential starter pits in support of maximizing the economics of the PEA, which is expected in Q4 2026.
The study will highlight the economics for AurMac’s large gold endowment and benefits from strong local infrastructure, including existing highways, roads, hydro powerlines and cell phone service. Additionally, Banyan continues to undertake metallurgy studies to support the PEA to optimize the grind size and reagent consumption to maximize the Project economics.