par Banyan Gold Corp. (CVE:BYN)
Banyan Gold Intersects Multiple High-Grade Mineralization Occurrences in Powerline and Airstrip Deposits, AurMac, Yukon, Canada
VANCOUVER, BC / ACCESS Newswire / January 8, 2026 / Banyan Gold Corp. (the "Company" or "Banyan") (TSXV:BYN)(OTCQB:BYAGF) is pleased to announce it has intersected new high-grade domains and visible gold in the Powerline Deposit ("Powerline") and high-grade skarn mineralization in the Airstrip Deposit ("Airstrip"), at its AurMac Project ("AurMac"), Yukon, Canada.
Selected highlights demonstrate extension of Powerline Mineralization southwest of the currently defined resource and confirm grade and continuity within and between Powerline and Airstrip deposits:
AX-25-773 - 1.90 g/t over 31.2m within 1.10 g/t Au over 66.6m, including high-grade of 3.79 g/t Au over 7.6m, and 0.95 g/t Au over 29.6m, with high-grade intervals of 3.64 g/t au over 6.7m and 4.37 g/t Au over 5.2m;
AX-25-764 - 1.37 g/t Au over 30.8m within 0.88 g/t Au over 55.3m, including 2.70 g/t Au over 6.0m;
AX-25-766 - 1.26 g/t Au over 22.8m within 0.73 g/t Au over 50.3m;
AX-25-769 - 0.66 g/t Au over 27.1m, including, a high-grade interval of 8.08 g/t Au over 1.4m;
AX-25-770 - 0.96 g/t au over 16.3m, within 0.56 g/t Au over 45.3m, with high-grade intervals of 1.22 g/t Au over 4.3m and 2.32 g/t Au over 2.3m; and,
AX-25-803 - 2.02 g/t Au over 16.3m within 1.64 g/t Au over 22.3m, including high-grade of 5.60 g/t Au over 4.4m (Note: assays pending from top 100m of hole)
"These results affirm the success of 2025 drilling to strategically target extensions of high-grade mineralized domains at Powerline and the down-dip extensions of the high-grade skarn-style mineralization Airstrip," said Tara Christie, Banyan President and CEO. "In addition, results continue to demonstrate that the roughly 400 m gap between the two deposits is mineralized. These results also highlight the exploration potential with the deposits remaining open to expansion in various directions, demonstrated by the 300m step-out on the southwestern edge. We continue to look forward to the flow of results through February."

Continued drilling at Airstrip indicates potential to extend high-grade mineralization hosted in calc-silicate altered skarn horizons down-dip (Cal 1 and Cal 2; Figure 2). Mineralization in Airstrip is consistently hosted in skarn zones with intense silicification, quartz veining, and semi-massive pyrrhotite replacement-style mineralization (Figures 3-6). The high-grade mineralization intersected in AX-25-773 (Cal 1 - 1.10 g/t Au over 66.6m; Cal 2 - 0.95 g/t Au over 29.6m) highlights the continuity of high-grade mineralization and potential at depth for the Airstrip deposit to extend down-dip.




High-grade mineralization in discordant sheeted quartz veins in AX-25-803 in the core of Powerline reinforces continuity and confidence in the new mineralized domain model for the Aurmac deposit (Figure 6). High-grade visible gold mineralization is associated with intergrowths of Bi-sulphosalts and accessory arsenopyrite (Figures 7 and 8). High vein density in AX-25-803 (figure 7) is associated with higher-grade Au mineralization throughout Powerline.



High vein density and Bi-sulphosalts are associated with gold mineralization in southwest Powerline in AX-25-764 (Figure 9 and 10). Potential down-dip extensions of mineralized domains intersected in AX-25-764 remain open at depth as previous drilling did not extend deep enough to test these domains. Step out drilling in AX-25-769 and AX-25-772 intersected local high-grade gold mineralization associated with coarse Bi-Sb-Sulphosalts and large discordant quartz vein, warranting further exploration.


Table 1: Significant diamond drillhole assay intercepts for Powerline in this release
Hole ID | depth from (m) | depth to (m) | Au Interval (m) | Au Interval (g/t) |
AX-25-764 | 29.0 | 70.2 | 41.2 | 0.28 |
including | 60.2 | 61.1 | 0.9 | 1.50 |
and | 93.6 | 96.3 | 2.7 | 0.67 |
and | 119.4 | 120.0 | 0.6 | 0.36 |
and | 124.1 | 125.1 | 1.0 | 0.72 |
and | 153.0 | 157.0 | 4.0 | 0.52 |
and | 164.5 | 165.9 | 1.4 | 0.76 |
and | 188.0 | 197.5 | 9.5 | 0.33 |
including | 196.5 | 197.5 | 1.0 | 1.48 |
and | 214.5 | 269.8 | 55.3 | 0.88 |
including | 220.4 | 221.1 | 0.7 | 4.17 |
and including | 239.0 | 269.8 | 30.8 | 1.37 |
including | 239.0 | 239.7 | 0.7 | 21.00 |
and including | 252.6 | 258.6 | 6.0 | 2.70 |
including | 257.2 | 258.6 | 1.4 | 6.38 |
and | 290.8 | 300.8 | 10.0 | 0.34 |
and | 320.0 | 320.9 | 0.9 | 0.62 |
AX-25-766* | 26.3 | 79.0 | 52.7 | 0.32 |
and | 101.2 | 105.7 | 4.5 | 0.38 |
and | 120.0 | 140.1 | 20.1 | 0.30 |
including | 125.5 | 126.6 | 1.1 | 1.29 |
and | 149.1 | 153.1 | 4.0 | 0.56 |
including | 151.8 | 153.1 | 1.3 | 1.39 |
and | 159.7 | 160.4 | 0.7 | 0.34 |
and | 179.6 | 229.9 | 50.3 | 0.73 |
including | 195.1 | 217.9 | 22.8 | 1.26 |
including | 203.8 | 204.5 | 0.7 | 10.30 |
and including | 216.5 | 217.9 | 1.4 | 4.84 |
and | 252.1 | 253.5 | 1.4 | 1.61 |
AX-25-767 | 36.5 | 38.0 | 1.5 | 0.33 |
and | 72.1 | 175.1 | 103.0 | 0.34 |
including | 82.5 | 84.0 | 1.5 | 2.57 |
and including | 99.5 | 111.0 | 11.5 | 0.58 |
and including | 130.5 | 137.6 | 7.1 | 0.95 |
and | 195.3 | 196.3 | 1.0 | 2.30 |
AX-25-769 | 38.3 | 50.0 | 11.7 | 0.33 |
including | 49.0 | 50.0 | 1.0 | 1.44 |
and | 62.5 | 64.0 | 1.5 | 0.39 |
and | 129.4 | 156.5 | 27.1 | 0.66 |
including | 137.7 | 139.1 | 1.4 | 8.08 |
and | 173.0 | 174.5 | 1.5 | 0.42 |
and | 199.5 | 214.8 | 15.3 | 0.29 |
and | 225.0 | 226.5 | 1.5 | 0.34 |
and | 233.4 | 234.0 | 0.6 | 0.32 |
and | 247.8 | 250.8 | 3.0 | 0.88 |
and | 261.5 | 265.4 | 3.9 | 0.30 |
and | 274.0 | 275.5 | 1.5 | 0.86 |
and | 284.5 | 286.1 | 1.6 | 0.73 |
AX-25-770 | 96.5 | 103.3 | 6.8 | 0.32 |
including | 102.4 | 103.3 | 0.9 | 1.24 |
and | 106.4 | 107.3 | 0.9 | 0.32 |
and | 109.8 | 110.6 | 0.8 | 0.56 |
and | 114.8 | 116.8 | 2.0 | 0.42 |
and | 141.6 | 186.9 | 45.3 | 0.56 |
including | 145.6 | 161.9 | 16.3 | 0.96 |
including | 149.1 | 153.4 | 4.3 | 1.22 |
and including | 172.7 | 175.0 | 2.3 | 2.32 |
including | 174.6 | 175.0 | 0.4 | 10.60 |
and | 212.9 | 218.2 | 5.3 | 5.46 |
including | 212.9 | 216.4 | 3.5 | 8.22 |
including | 214.9 | 216.4 | 1.5 | 15.73 |
AX-25-772 | 39.5 | 47.5 |