Banyan Gold Corp.'s (CVE:BYN) (OTCMKTS:BYAGF) (FRA:BAJ) primary asset, the AurMac Project is located in Canada's Yukon Territory. The current inferred Mineral Resource Estimate for the AurMac Project of 7.0 million ounces has an effective date of February 6, 2024.
The 173 square kilometres AurMac Project lies 40 km from Mayo, Yukon. The AurMac Project is transected by the main Yukon highway and benefits from a 3-phase powerline, existing power station and cell phone coverage. Banyan has the right to earn up to a 100% interest, in both the Aurex and McQuesten Properties respectively, subject to certain royalties.
The inferred Mineral Resource Estimate for the AurMac Project was prepared on February 6, 2024, and consisted of 7,003,000 ounces of gold hosted within near surface, road accessible pit constrained Mineral Resources contained in two surface deposits: the Airstrip and Powerline Deposits.
