Banyan Gold delineates high-grade at Powerline Southwest, AurMac, Yukon
VANCOUVER, BC / ACCESS Newswire / July 13, 2026 / Banyan Gold Corp . (the " Company " or " Banyan ") ( TSXV:BYN )( OTCQB:BYAGF ) is pleased to announce it has intersected additional high-grade gold (" Au ") mineralization in the Powerline Deposit (" Powerline ") southwest of the main high-grade core. These diamond drill intersections highlight potential to upgrade domains in a portion of Powerline, AurMac Project (" AurMac "), Yukon, Canada. Highlights from Powerline West : AX-26-865 - 1.55 g/t Au over 5.4 metres ("m"); and 2.08 g/t au over 4.1m, within 0.86 g/t Au over 31.4m, 1.15 g/t Au over 12.6m, and 1.24 g/t Au over 11.6m, all within 0.55 g/t Au over 151.3m AX-26-855B - 2.44 g/t Au over 5.0m, including high-grade of 15.76 g/t Au over 0.6m AX-26-859 - 1.49 g/t Au over 8.8m, including high-grade of 14.40 g/t Au over 0.8m "Banyan Gold continues to intersect high-grade mineralization as we drill the Powerline Deposit, where our objectives are to convert inferred mineral resources to indicated and to drill beneath the conceptual pit to increase the quantity of inferred ounces at depth," stated Tara Christie, President and CEO.
"Multiple high-grade intervals, like those intersected in AX-26-865, indicate the potential to upgrade mineralized domains both laterally and within section as we continue infilling Powerline. Additionally, there is strong potential for discovering new continuous, high-grade zones, including Powerline Southwest, which continues to demonstrate the potential to intersect new skarn horizons associated with sheeted veins and high-grade gold mineralization. Our drill program is ahead of schedule with over 33,000m completed out of our 70,000 m program." Figure 1: Plan map of Powerline southwest and west.
Drillholes in this release highlight potential to extend and delineate new high-grade zones in the core of Powerline Southwest (Figure 2). Figure 2: