# Banyan Gold Confirms New Gold-Silver Discovery at Seattle Creek with 5.70 g/t Au and 544 g/t Ag over 0.5m, Nitra Project, Yukon

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/banyan-gold-confirms-new-gold-silver-discovery-at-seattle-creek-with-5-70-g-t-au--c261ba95-6527-4e33-baa7-a07c60aa0787

Original source: https://orestocks.com/company/BYN.V/press-releases/8790226225085294

Publisher: orestocks

Original announcement: 2026-08-25T10:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Banyan Gold Corp.

- Ticker: BYN.V

- Exchange: Unavailable

- Region: Yukon

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results

- Extracted: 2026-08-25 10:18:56 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Banyan Gold announced a new high-grade gold and silver discovery at the Seattle Creek zone on its greenfields Nitra Project in Yukon, Canada. The first drillhole, NT-26-006, intersected 0.91 g/t Au and 27.01 g/t Ag over 12.1 m, including a high-grade sub-interval of 5.70 g/t Au and 544 g/t Ag over 0.5 m. This discovery, part of an 11-target exploration program, indicates potential for a larger mineralizing system, with further assays pending for the remainder of the hole.

Reasoning: Banyan Gold has announced a new high-grade gold and silver discovery at the Seattle Creek zone on its greenfields Nitra Project, with significant intercepts including 5.70 g/t Au and 544 g/t Ag over 0.5m, indicating strong exploration success and potential for a larger mineralizing system. The presence of visible gold and detailed QA/QC further supports the positive results, despite only partial assays being available.

- Positive factor: new\_discovery

- Positive factor: high\_grade\_gold

- Positive factor: high\_grade\_silver

- Positive factor: visible\_gold\_observed

- Positive factor: greenfields\_project

- Positive factor: potential\_for\_expansion

- Positive factor: qaqc\_disclosed

- Positive factor: lab\_certified

- Positive factor: qp\_signed

- Negative factor: partial\_assays\_received

- Negative factor: apparent\_width\_only

- Negative factor: deleterious\_elements\_present

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 8

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 5.70 g/t Au and 544 g/t Ag over 0.5m exceeds the exceptional thresholds for both gold \(>5 g/t\) and silver \(>500 g/t\) for orogenic deposits.

Evidence · text

> 5.70 g/t Au and 544 g/t Ag over 0.5m

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The announcement describes the results as a 'new high-grade gold and silver mineralized system' and a 'discovery' at the Seattle Creek zone, indicating an extension of known mineralization or a new zone.

Evidence · text

> new high-grade gold and silver mineralized system

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release includes a detailed 'Analytical Method and Quality Assurance/Quality Control Measures' section, mentioning certified reference materials, field duplicates, coarse blanks, and certified independent analytical laboratories.

Evidence · text

> The reported work was completed using industry standard procedures, including a quality assurance/quality control \("QA/QC"\) program consisting of the insertion of certified reference materials, field duplicates and coarse blanks into the sample stream and utilizing certified independent analytical laboratories for all assays.

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document states that 'Calculated true widths are approx. 80% of drill intervals' but does not provide specific true width values for each reported intercept.

Evidence · text

> Note: Calculated true widths are approx. 80% of drill intervals.

**New Discovery**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The document explicitly states 'Confirms New Gold-Silver Discovery at Seattle Creek' and refers to it as a 'new high-grade gold and silver mineralized system'.

Evidence · text

> Confirms New Gold-Silver Discovery at Seattle Creek

**Greenfields Exploration**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The project is repeatedly referred to as the 'greenfields Nitra Project' and the drilling program as 'greenfields exploration diamond drilling program'.

Evidence · text

> greenfields Nitra Project

**Partial Assays**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The release notes that 'Only assays from the top 95 m of the 600 m NT-26-006 drillhole have been received to date; assays for the lower portion of the hole are pending'.

Evidence · text

> Only assays from the top 95 m of the 600 m NT-26-006 drillhole have been received to date; assays for the lower portion of the hole are pending.

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Duncan Mackay, M.Sc., P.Geo., is named as a 'Qualified Person' under NI 43-101 and has reviewed and approved the content of the news release.

Evidence · text

> Duncan Mackay, M.Sc., P.Geo., is a "Qualified Person" as ‎defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects \("NI 43-101"\), and has reviewed and approved the content of this news release

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: The text mentions 'bismuth sulphosalts and arsenopyrite' as associated with gold mineralization, with arsenic being a known penalty element.

Evidence · text

> visible gold hosted in extensional quartz veins with associated bismuth sulphosalts and arsenopyrite

## Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

## Drill Results (8)

### NT-26-006

[Link to this fact](https://atlas-staging.minestarters.com/news/banyan-gold-confirms-new-gold-silver-discovery-at-seattle-creek-with-5-70-g-t-au--c261ba95-6527-4e33-baa7-a07c60aa0787#fact-drill-facts-0)

Nitra Project · gold

#### Identity

- Hole ID: NT-26-006
- Project: Nitra Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: BYN.V

#### Geometry

- Grade: 0.49
- Grade Unit: g/t
- Intercept: 27.7 m
- From: 26.1 m
- To: 53.8 m
- Hole Depth: 600 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: NT-26-006:26.1-53.8
- Mining Method: unknown

#### Location

- Easting: 447831
- Northing: 7074832
- Elevation: 1127 m
- Azimuth: 300 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Bureau Veritas
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic, bismuth

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept represents a moderate grade over a continuous width from a new discovery hole, contributing to the overall positive outlook for the greenfields project.

- Positive factor: new\_discovery

- Positive factor: greenfields\_project

- Positive factor: moderate\_grade

- Positive factor: continuous\_width

- Negative factor: partial\_assays\_received

- Negative factor: apparent\_width\_only

Evidence · table

> 0.49

Context: 27.7

### NT-26-006

[Link to this fact](https://atlas-staging.minestarters.com/news/banyan-gold-confirms-new-gold-silver-discovery-at-seattle-creek-with-5-70-g-t-au--c261ba95-6527-4e33-baa7-a07c60aa0787#fact-drill-facts-1)

Nitra Project · gold

#### Identity

- Hole ID: NT-26-006
- Project: Nitra Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: BYN.V

#### Geometry

- Grade: 0.91
- Grade Unit: g/t
- Intercept: 12.1 m
- From: 41.7 m
- To: 53.8 m
- Hole Depth: 600 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: NT-26-006:41.7-53.8
- Mining Method: unknown

#### Location

- Easting: 447831
- Northing: 7074832
- Elevation: 1127 m
- Azimuth: 300 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Bureau Veritas
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic, bismuth

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This sub-interval shows a moderate gold grade over a good width within the new discovery, indicating potential for a broader mineralized zone.

- Positive factor: new\_discovery

- Positive factor: greenfields\_project

- Positive factor: moderate\_grade

- Positive factor: moderate\_width

- Negative factor: partial\_assays\_received

- Negative factor: apparent\_width\_only

Evidence · table

> 0.91

Context: 12.1

### NT-26-006

[Link to this fact](https://atlas-staging.minestarters.com/news/banyan-gold-confirms-new-gold-silver-discovery-at-seattle-creek-with-5-70-g-t-au--c261ba95-6527-4e33-baa7-a07c60aa0787#fact-drill-facts-2)

Nitra Project · gold

#### Identity

- Hole ID: NT-26-006
- Project: Nitra Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: BYN.V

#### Geometry

- Grade: 4.04
- Grade Unit: g/t
- Intercept: 1.4 m
- From: 41.7 m
- To: 43.1 m
- Hole Depth: 600 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: NT-26-006:41.7-43.1
- Mining Method: unknown

#### Location

- Easting: 447831
- Northing: 7074832
- Elevation: 1127 m
- Azimuth: 300 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Bureau Veritas
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic, bismuth

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade within the new discovery, indicating high-grade mineralization, though over a narrow width.

- Positive factor: new\_discovery

- Positive factor: greenfields\_project

- Positive factor: strong\_grade

- Negative factor: partial\_assays\_received

- Negative factor: apparent\_width\_only

- Negative factor: narrow\_width

Evidence · table

> 4.04

Context: 1.4

### NT-26-006

[Link to this fact](https://atlas-staging.minestarters.com/news/banyan-gold-confirms-new-gold-silver-discovery-at-seattle-creek-with-5-70-g-t-au--c261ba95-6527-4e33-baa7-a07c60aa0787#fact-drill-facts-3)

Nitra Project · gold

#### Identity

- Hole ID: NT-26-006
- Project: Nitra Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: BYN.V

#### Geometry

- Grade: 5.7
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 42.6 m
- To: 43.1 m
- Hole Depth: 600 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: NT-26-006:42.6-43.1
- Mining Method: unknown

#### Location

- Easting: 447831
- Northing: 7074832
- Elevation: 1127 m
- Azimuth: 300 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Bureau Veritas
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic, bismuth

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade within the new discovery, highlighting a high-grade zone, though over a very narrow width.

- Positive factor: new\_discovery

- Positive factor: greenfields\_project

- Positive factor: exceptional\_grade

- Negative factor: partial\_assays\_received

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 5.7

Context: 0.5

### NT-26-006

[Link to this fact](https://atlas-staging.minestarters.com/news/banyan-gold-confirms-new-gold-silver-discovery-at-seattle-creek-with-5-70-g-t-au--c261ba95-6527-4e33-baa7-a07c60aa0787#fact-drill-facts-4)

Nitra Project · gold

#### Identity

- Hole ID: NT-26-006
- Project: Nitra Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: BYN.V

#### Geometry

- Grade: 3.32
- Grade Unit: g/t
- Intercept: 1.4 m
- From: 52.4 m
- To: 53.8 m
- Hole Depth: 600 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: NT-26-006:52.4-53.8
- Mining Method: unknown

#### Location

- Easting: 447831
- Northing: 7074832
- Elevation: 1127 m
- Azimuth: 300 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Bureau Veritas
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic, bismuth

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade within the new discovery, indicating high-grade mineralization, though over a narrow width.

- Positive factor: new\_discovery

- Positive factor: greenfields\_project

- Positive factor: strong\_grade

- Negative factor: partial\_assays\_received

- Negative factor: apparent\_width\_only

- Negative factor: narrow\_width

Evidence · table

> 3.32

Context: 1.4

### NT-26-006

[Link to this fact](https://atlas-staging.minestarters.com/news/banyan-gold-confirms-new-gold-silver-discovery-at-seattle-creek-with-5-70-g-t-au--c261ba95-6527-4e33-baa7-a07c60aa0787#fact-drill-facts-5)

Nitra Project · gold

#### Identity

- Hole ID: NT-26-006
- Project: Nitra Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: BYN.V

#### Geometry

- Grade: 2.34
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 95.1 m
- To: 95.5 m
- Hole Depth: 600 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: NT-26-006:95.1-95.5
- Mining Method: unknown

#### Location

- Easting: 447831
- Northing: 7074832
- Elevation: 1127 m
- Azimuth: 300 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Bureau Veritas
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic, bismuth

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade from the new discovery, though over a very narrow width and at the end of the currently assayed section.

- Positive factor: new\_discovery

- Positive factor: greenfields\_project

- Positive factor: strong\_grade

- Negative factor: partial\_assays\_received

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 2.34

Context: 0.4

### NT-26-006

[Link to this fact](https://atlas-staging.minestarters.com/news/banyan-gold-confirms-new-gold-silver-discovery-at-seattle-creek-with-5-70-g-t-au--c261ba95-6527-4e33-baa7-a07c60aa0787#fact-drill-facts-6)

Nitra Project · silver

#### Identity

- Hole ID: NT-26-006
- Project: Nitra Project
- Commodity: silver
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: BYN.V

#### Geometry

- Grade: 27.01
- Grade Unit: g/t
- Intercept: 12.1 m
- From: 41.7 m
- To: 53.8 m
- Hole Depth: 600 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: NT-26-006:41.7-53.8
- Mining Method: unknown

#### Location

- Easting: 447831
- Northing: 7074832
- Elevation: 1127 m
- Azimuth: 300 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Bureau Veritas
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic, bismuth

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows a weak silver grade over a moderate width from a new discovery hole, contributing to the overall positive outlook for the greenfields project.

- Positive factor: new\_discovery

- Positive factor: greenfields\_project

- Positive factor: moderate\_width

- Negative factor: partial\_assays\_received

- Negative factor: apparent\_width\_only

- Negative factor: weak\_grade

Evidence · table

> 27.01

Context: 12.1

### NT-26-006

[Link to this fact](https://atlas-staging.minestarters.com/news/banyan-gold-confirms-new-gold-silver-discovery-at-seattle-creek-with-5-70-g-t-au--c261ba95-6527-4e33-baa7-a07c60aa0787#fact-drill-facts-7)

Nitra Project · silver

#### Identity

- Hole ID: NT-26-006
- Project: Nitra Project
- Commodity: silver
- Region: canada\_yt
- Reported Region: Yukon
- Ticker: BYN.V

#### Geometry

- Grade: 544
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 42.6 m
- To: 43.1 m
- Hole Depth: 600 m

#### Classification

- Deposit Type: other
- Program: exploration
- Sample Type: drill
- Group ID: NT-26-006:42.6-43.1
- Mining Method: unknown

#### Location

- Easting: 447831
- Northing: 7074832
- Elevation: 1127 m
- Azimuth: 300 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Bureau Veritas
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates, check\_assays

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic, bismuth

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This intercept shows an exceptional silver grade within the new discovery, highlighting a high-grade zone, though over a very narrow width.

- Positive factor: new\_discovery

- Positive factor: greenfields\_project

- Positive factor: exceptional\_grade

- Negative factor: partial\_assays\_received

- Negative factor: apparent\_width\_only

- Negative factor: very\_narrow\_width

Evidence · table

> 544

Context: 0.5

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.