Banyan Gold intercepts 13.03 g/t Au over 14.2 m at Powerline North

VANCOUVER, BC / ACCESS Newswire / August 17, 2026 / Banyan Gold Corp . (the " Company " or " Banyan ") ( TSXV:BYN )( OTCQB:BYAGF ) is pleased to announce it has intersected very high-grade gold (" Au ") mineralization in the northern portion of the Powerline Deposit (" Powerline "), highlighting the potential to upgrade mineralized domains and expand the high-grade core of the Powerline Deposit, AurMac Project (" AurMac "), Yukon, Canada. Drillhole AX-26-874 intersected 13.03 g/t Au over 14.2 metres, including 142.70 g/t Au over 1.0 metre, extending high-grade mineralization toward the largely undrilled gap between the Powerline and Airstrip Deposits (Figure 1). Much of this area is currently classified as unmineralized in the Mineral Resource model. The results are part of Banyan's ongoing 2026 drill program at AurMac, focused on resource conversion, expansion and delineation of higher-grade mineralized domains within and adjacent to the current resource envelope.

Highlights from Powerline North :

AX-26-874 - 13.03 g/t Au over 14.2 metres ("m"), (true width 90% - 12.8m)

including 18.10 g/t Au over 1.5m,

142.7 g/t Au over 1.0m,

and 12.77 g/t Au over 1.2m; and,

0.80 g/t Au over 54.5 m including 6.39 g/t Au over 1.5m.

AX-26-832 - 1.17 g/t Au over 11.2m within 0.57 g/t Au over 26.1m

including high-grade of 7.40 g/t Au over 1.0m

AX-26-840 - 1.86 g/t Au over 13.9m,

including high-grade of 22.30 g/t Au over 1.0m; and,

0.42 g/t Au over 59.0m, including high-grade of 13.90 g/t Au over 0.5m

AX-26-871 - 1.42 g/t Au over 13.5m

including high-grade of 16.03 g/t Au over 0.6m, 4.07 g/t Au over 0.4m and 9.81 g/t Au over 0.3m

"The 13.03 g/t Au over 14.2 metres intersected in AX-26-874 is an exceptional result, while its location is equally important," stated Tara Christie, President & CEO. "This intercept extends high-grade mineralization into the largely undrilled gap b