# Banyan Gold Intersects 1.05 g/t Gold over 52.8 metres and Bonanza-Grade Gold at Powerline Deposit, AurMac, Yukon, Canada Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/banyan-gold-intersects-1-05-g-t-gold-over-52-8-metres-and-bonanza-grade-gold-at--f0e6b3db-1b77-47e1-a186-5d6920429a99 Original source: https://money.tmx.com/en/quote/BYN/news/7515772817286548/banyan-gold-intersects-1-05-g-t-gold-over-52-8-metres-and-bonanza-grade-gold-at- Publisher: tmx Original announcement: 2026-09-17T10:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-23T10:25:04.756Z Atlas analysis updated: 2026-09-23T10:25:04.756Z - Company: Banyan Gold Corp. - Ticker: BYN - Exchange: TSX - Region: Yukon, Canada - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Resource update - Extracted: 2026-09-23 10:25:05 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Banyan Gold Corp. announced new drill results from its 2026 program at the Powerline Deposit, AurMac Project, Yukon, Canada. Highlights include a bonanza-grade intercept of 149.14 g/t gold over 0.4 metres within a wider interval of 0.56 g/t gold over 169.2 metres in hole AX-26-891, and 1.05 g/t gold over 52.8 metres in hole AX-26-892B. These results are aimed at improving grade and continuity, supporting resource conversion and expansion of the existing Mineral Resource Estimate. The company also referenced its current Mineral Resource Estimate for the AurMac Project, effective May 15, 2026. Reasoning: The announcement reports new drill results from the Powerline Deposit, including a bonanza-grade gold intercept and several wide, good-grade intercepts, which are aimed at expanding and upgrading the existing gold resource. The results are supported by robust QA/QC. - Positive factor: Bonanza-grade gold intercept \(149.14 g/t Au over 0.4 m\) significantly exceeds prior best grades. - Positive factor: Significant width intercept \(52.8 m at 1.05 g/t Au\) contributes to resource potential. - Positive factor: Drilling focused on resource conversion and expansion of higher-grade domains. - Positive factor: Comprehensive QA/QC procedures disclosed, including certified laboratories and QP sign-off. - Positive factor: Visible gold occurrences noted in multiple holes, indicating high-grade mineralization. - Negative factor: True width of intercepts is not explicitly stated in meters, only as a percentage of apparent width. - Negative factor: Compositing parameters \(cut-off grade and internal dilution\) for drill intervals are not disclosed. Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 3 ## Classification and evidence No classification tags are available. ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### AX-26-870 [Link to this fact](https://atlas-staging.minestarters.com/news/banyan-gold-intersects-1-05-g-t-gold-over-52-8-metres-and-bonanza-grade-gold-at--f0e6b3db-1b77-47e1-a186-5d6920429a99#fact-drill-facts-0) Powerline South · gold #### Identity - Hole ID: AX-26-870 - Project: Powerline South - Commodity: gold - Region: canada\_yt - Reported Region: canada\_yt - Ticker: BYN #### Geometry - Grade: 1.7 - Grade Unit: g/t - Intercept: 1.1 m - From: 86.3 m - To: 87.4 m - Hole Depth: 280.4 m - Intercept Depth: 86.3 m #### Classification - Program: resource - Sample Type: drill - Group ID: AX-26-870:86.3-87.4 - Mining Method: open\_pit #### Location - Easting: 466250 - Northing: 7082865 - Elevation: 739 m - Azimuth: 360 ° - Dip: -56 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas and AGAT Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, sulfur, bismuth #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: This intercept shows moderate gold grade over a narrow width, contributing to the overall resource but not standing out as exceptional. - Negative factor: Grade is below the project average \(1.939 g/t Au\). Evidence · table > 1.70 Context: 86.3 #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The 303 square kilometres \(" sq km "\) AurMac Project lies 40 kilometres from Mayo, Yukon." ### AX-26-870 [Link to this fact](https://atlas-staging.minestarters.com/news/banyan-gold-intersects-1-05-g-t-gold-over-52-8-metres-and-bonanza-grade-gold-at--f0e6b3db-1b77-47e1-a186-5d6920429a99#fact-drill-facts-1) Powerline South · gold #### Identity - Hole ID: AX-26-870 - Project: Powerline South - Commodity: gold - Region: canada\_yt - Reported Region: canada\_yt - Ticker: BYN #### Geometry - Grade: 1.34 - Grade Unit: g/t - Intercept: 5.9 m - From: 119 m - To: 124.9 m - Hole Depth: 280.4 m - Intercept Depth: 86.3 m #### Classification - Program: resource - Sample Type: drill - Group ID: AX-26-870:119-124.9 - Mining Method: open\_pit #### Location - Easting: 466250 - Northing: 7082865 - Elevation: 739 m - Azimuth: 360 ° - Dip: -56 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas and AGAT Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, sulfur, bismuth #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: This intercept shows moderate gold grade over a narrow width, contributing to the overall resource but not standing out as exceptional. - Negative factor: Grade is below the project average \(1.939 g/t Au\). Evidence · table > 1.34 Context: 119.0 #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The 303 square kilometres \(" sq km "\) AurMac Project lies 40 kilometres from Mayo, Yukon." ### AX-26-870 [Link to this fact](https://atlas-staging.minestarters.com/news/banyan-gold-intersects-1-05-g-t-gold-over-52-8-metres-and-bonanza-grade-gold-at--f0e6b3db-1b77-47e1-a186-5d6920429a99#fact-drill-facts-2) Powerline South · gold #### Identity - Hole ID: AX-26-870 - Project: Powerline South - Commodity: gold - Region: canada\_yt - Reported Region: canada\_yt - Ticker: BYN #### Geometry - Grade: 1.01 - Grade Unit: g/t - Intercept: 1.2 m - From: 119 m - To: 120.2 m - Hole Depth: 280.4 m - Intercept Depth: 86.3 m #### Classification - Program: resource - Sample Type: drill - Group ID: AX-26-870:119-120.2 - Mining Method: open\_pit #### Location - Easting: 466250 - Northing: 7082865 - Elevation: 739 m - Azimuth: 360 ° - Dip: -56 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Bureau Veritas and AGAT Laboratories - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: Yes - Deleterious Elements: arsenic, sulfur, bismuth #### Metal Equivalent - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: This sub-interval shows a low-moderate gold grade over a very narrow width. - Negative factor: Grade is below the project average \(1.939 g/t Au\). Evidence · table > 1.01 Context: 119.0 #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: deleterious\_flag is true **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The 303 square kilometres \(" sq km "\) AurMac Project lies 40 kilometres from Mayo, Yukon." ## 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.