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(73) stories found containing 'banyan gold'


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  • Truck parked next to drill pad on rough road in Yukon wilderness.

    Banyan outlines 2024 work for future mine

    A.J. Roan, Mining News|Updated May 8, 2024

    Will include full season of various workings toward optimizing future operations. Banyan Gold Corp. April 18 announced the exploration and technical program planned for the 2024 season at its AurMac gold project in Yukon, Canada, allocating roughly 5,000 meters of drilling that will be strategically focused on economic drivers to optimize a future mine. After establishing an impressive 7-million-ounce gold resource for AurMac in February, drilling this year aims to... Full story

  • A bright orange sunset over the mountains in Yukon, Canada.

    Banyan adds 1 million oz gold to AurMac

    A.J. Roan, Mining News|Updated Feb 16, 2024

    Banyan Gold Corp. Feb. 7 announced an updated mineral resource estimate for its AurMac gold project in Yukon, Canada, climbing its total to 7 million ounces of gold. "With the AurMac resource now at 7 million ounces; 6.2 million ounces in the Powerline deposit alone, we can focus on delineating higher-grade zones, increase the confidence in the resource and further de-risk the project," said Banyan Gold President and CEO Tara Christie. This marks an increase of 1 million oz...

  • Banyan Gold CEO Tara Christie explaining core geology during site tour.

    Final results from Banyan 2023 program

    A.J. Roan, Mining News|Updated Jan 26, 2024

    Banyan Gold Corp. Jan. 15 reported the remaining assays from a robust 2023 drill program that significantly expanded the gold mineralized footprint on the company's AurMac project in Yukon. Roughly 80% of the 24,700 meters of drilling carried out at AurMac last year was focused on the Powerline and Aurex Hill deposits, with the balance on new targets. "With three drill seasons since our initial resource in 2020, Banyan has taken the resource at AurMac to 6.2 million ounces...

  • A huge plume of black smoke above the Eagle Gold mine camp in Canada’s Yukon.

    Gold, critical minerals top Yukon list

    Rose Ragsdale, For Data Mine North|Updated Jan 17, 2024

    Raging wildfires and record hot temperatures challenged the well-laid plans of a score and more of mineral explorers in Canada's Yukon this year as the 2023 field season shifted into high summer. Most of the companies, however, managed to carry out their exploration for gold, silver, copper, and other minerals across the territory. The fierce and sometimes out-of-control blazes marked one of the worst wildfire seasons seen in Canada in nearly 30 years, consuming more than... Full story

  • Mount Haldane in the background of Banyan Gold’s AurMac property.

    Banyan Gold connects AurMac deposits

    A.J. Roan, Data Mine North|Updated Jan 17, 2024

    With another fruitful year of systematic drilling, a stressful wildfire, the successful expansion of its resources swelling to more than six million ounces, and the accomplishment of a several-year-long goal of connecting two of its more advanced-exploration deposits, Banyan Gold Corp. has shown that persistence is a key ingredient to a successful exploration project. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla...

  • A bird’s eye view of the numerous roads cutting through AurMac.

    Banyan completes 75% McQuesten earn-in

    A.J. Roan, Mining News|Updated Dec 14, 2023

    Banyan Gold Corp. Dec. 13 announced a significant milestone in its exploration journey on the company's Yukon-based holdings, with the successful acquisition of 75% earn-in of the McQuesten half of its AurMac property. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, the Aurex and McQuesten properties, or AurMac, cover three gold deposits – with McQuesten holding the A...

  • Banyan Gold President and CEO Tara Christie inspecting core.

    Banyan reports consistent Powerline gold

    A.J. Roan, Mining News|Updated Sep 14, 2023

    Banyan Gold Corp. Sept. 6 announced the latest results from 13 holes that confirm consistency of gold mineralization within the southern portion of the Powerline deposit on the company's AurMac property in Yukon, Canada. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, the Aurex and McQuesten properties, or AurMac, is comprised of three deposits – Powerline, Airstrip, and A...

  • A huge plume of black smoke above the Eagle Gold mine camp.

    Victoria Gold has resumed full operations

    A.J. Roan, Mining News|Updated Aug 31, 2023

    Victoria Gold Corp. Aug. 21 announced that after nearly two weeks of halted operations due to wildfires, operations at the Eagle Gold Mine in central Yukon have returned to normalcy, and production has resumed once more. At the end of July, Victoria initiated a partial evacuation of its Eagle Gold Mine operations due to the proximity of the East McQuesten wildfire. With the fires getting as close as 4,000 meters to the mine, the company commenced a second evacuation of Eagle...

  • Wildfires across a ridge in Canada’s Yukon Territory.

    Yukon fire halts gold mine; exploration

    A.J. Roan, Mining News|Updated Aug 24, 2023

    To ensure the safety of its Eagle Gold Mine employees, Victoria Gold Corp. July 30 announced that operations would be partially evacuated due to the recent wildfire activity near the operation. At the same time, neighboring Banyan Gold Corp. is paring down its gold exploration activities due to its proximity to the fire. "The safety of our employees is our highest priority," said Victoria Gold President and CEO John McConnell. "As a result of wildfire activity proximal to...

  • A map showing the remaining space between Powerline and Aurex Hill.

    Banyan closes Powerline-Aurex Hill gap

    A.J. Roan, Mining News|Updated Jul 20, 2023

    Banyan Gold Corp. July 19 announced the results from the latest 25 drill holes from its ongoing 2023 exploration program at the company's AurMac property in Yukon, Canada, establishing that gold mineralization is continuous between Powerline and Aurex Hill – a goal Banyan has been pursuing for the past couple of years. "Confirmation that AurMac gold mineralization is continuous between Powerline and Aurex Hill was an important goal of our Phase 1 drill program," said Banyan G...

  • Aerial photo of the camp at Banyan Gold’s AurMac property in Yukon.

    Banyan expands AurMac to 6.2 million oz

    A.J. Roan, Mining News|Updated Jun 1, 2023

    Banyan Gold Corp. May 24 announced that it has added more than 2 million additional ounces to its AurMac project in the Yukon over the past year, elevating the current resource to 6.2 million oz of gold. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, the Aurex and McQuesten properties, or AurMac, is comprised of three deposits – Powerline, Airstrip, and Aurex Hill. A...

  • Looking north at a placer gold mine in the valley draining Mount Hinton, Yukon.

    Project generator makes bold moves

    Rose Ragsdale, For Mining News|Updated Apr 13, 2023

    Strategic Metals Ltd., surely the most active project generator in northern Canada, recently reported substantial mineral exploration and transaction activities in 2022 and early 2023. This includes an update in January on exploration at Mount Hinton, a gold-silver project in Yukon's Keno Hill District that lies immediately southeast of Hecla Mining Company's Keno Hill Silver Mine, 35 kilometers (22 miles) southeast of Victoria Gold's Eagle Mine, and 25 kilometers (16 miles)...

  • Rainbow shines down over Banyan Gold's AurMac camp in Yukon, Canada.

    Banyan begins 2023 drilling at AurMac

    A.J. Roan, Mining News|Updated Mar 23, 2023

    Banyan Gold Corp. March 6 announced the start of its 2023 exploration program at the company's AurMac property in Yukon, Canada, as well as the addition of Brad Thrall as technical advisor for early prep-work needed to build a working mine. In addition to its initially planned 25,000 meters of drilling being completed with three diamond rigs now turning, which is being supported by an on-site assay prep lab, Banyan's 2023 program at AurMac will include expanded metallurgical,...

  • A bird's eye view of drill cores staged on pallets at Banyan's AurMac camp.

    Final 2022 assays for Banyan's AurMac

    A.J. Roan, Mining News|Updated Mar 11, 2023

    Banyan Gold Corp. Feb. 27 announced the analytical results from the final 57 diamond drill holes from the company's 2022 drill program at AurMac, a massive influx that further establishes the viability and prospectivity of this northern Canadian gold project. Located approximately 56 kilometers (35 miles) northeast of the village of Mayo, Banyan Gold's flagship property lies within the similarly named Mayo Mining District. Consisting of the Aurex and McQuesten projects optione...

  • Workers at a drill pad at Banyan Gold's AurMac property in Yukon, Canada.

    Banyan connects dots to expand AurMac

    A.J. Roan|Updated Feb 10, 2023

    Looking to add to the 4 million ounces of gold it has already outlined at AurMac, Banyan Gold Corp.'s 2022 drill program systematically expanded the footprint of the Powerline and Aurex Hill deposits on this road-accessible project in the Yukon. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, AurMac began 2022 with just under 1 million oz of gold in two deposits – P...

  • A helicopter sits on a drill pad on a highly mineralized mountain in the Yukon.

    Gold, silver lure pack to Yukon in 2022

    Rose Ragsdale, For Mining Explorers|Updated Feb 2, 2023

    Though effects of the COVID-19 pandemic lingered, mineral explorers rushed to the Yukon like moths to a flame during 2022. Mining's most daring sector rallied to generate the busiest field season seen in Canada's westernmost territory in years. In June, Natural Resources Canada projected mineral exploration and deposit appraisal spending in Yukon during 2022 to total C$157.9 million, up 14.5% from C$135.1 million estimated for 2021 and nearly double C$83.6 million in 2020.... Full story

  • A road cut through the wintery wilderness of Yukon, Canada.

    Banyan begins 2023 with Aurex Hill assays

    A.J. Roan, Mining News|Updated Jan 18, 2023

    Banyan Gold Corp. Jan. 10 announced the results from the next 37 diamond drill holes received from the company's 2022 exploration program at the Powerline and Aurex Hill deposits at its AurMac property in Yukon, Canada. Located approximately 56 kilometers (35 miles) northeast of the village of Mayo and 356 kilometers (221 miles) north of Whitehorse, Banyan Gold's flagship property lies within the similarly named Mayo Mining District. Consisting of the Aurex and McQuesten...

  • A trench dug out along the crest of a hill at Sitka Gold's RC Gold project.

    Sitka Gold hits Blackjack on Yukon belt

    A.J. Roan|Updated Jan 18, 2023

    Sitka Gold Corp. has been advancing its RC Gold project within the geologically fertile and highly prospective Tombstone Gold Belt region of Canada's Yukon. RC is an intrusion-related gold project that stands on the same playing field as other multi-million-ounce deposits within the Tombstone belt – Victoria Gold's Eagle and Olive deposits (a combined 4.7 million ounces), Golden Predators' Brewery Creek deposits (1.5 million oz), and Banyan Gold's AurMac deposits (3.99 million...

  • A bird's eye shot of Banyan Gold's AurMac property in the Yukon.

    Banyan drills impressive gold at Powerline

    A.J. Roan, Mining News|Updated Nov 17, 2022

    Banyan Gold Corp. Nov. 7 reported that its systematic drilling at AurMac continues to extend the gold mineralized footprint of the Powerline and Aurex Hills deposits, including an 84.4-meter intercept averaging 1.13 grams per metric ton gold in the most northeasterly hole drilled so far at Powerline. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, AurMac hosts 3.99 million...

  • Banyan Gold President and CEO Tara Christie oversees drilling at AurMac.

    Banyan continues to expand AurMac gold

    A.J. Roan, Mining News|Updated Oct 20, 2022

    Banyan Gold Corp. Oct. 12 reported that the latest batch of assay results shows that its 2022 drilling continues to expand gold mineralization around the Powerline deposit on the company's AurMac property in Yukon, Canada. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, AurMac hosts 3.99 million ounces of gold in the inferred resource category for its three deposits – P...

  • View from Mountain Haldane showing Alianza Minerals deposit locations.

    Exploration at Haldane begins for Alianza

    A.J. Roan, Mining News|Updated Sep 15, 2022

    Alianza Minerals Ltd. Sept. 13 announced the start of its 2022 exploration program at the Haldane Silver project in the historic Keno Hill District in Yukon, Canada. Located about 25 kilometers (16 miles) west of Hecla Mining Company's Keno Hill silver mine, the 8,579-hectare (21,200 acres) Haldane property hosts a small historical mine that produced roughly 24.7 metric tons of hand-sorted ore averaging 3,102 grams per metric ton (99.7 ounces per metric ton) silver and 59%...

  • Banyan Gold CEO Tara Christie and geologist Keagan Parry inspect drill core.

    Banyan Gold continues to expand Powerline

    A.J. Roan, Mining News|Updated Sep 8, 2022

    Banyan Gold Corp. Sept. 6 announced the results from 36 diamond drill holes that continue to demonstrate the growth potential of the Powerline and Aurex Hill gold deposits on the AurMac property in Yukon, Canada. "The ongoing 2022 drill program continues to expand the gold mineralized footprint of the Powerline and Aurex Hill deposits on the AurMac property," said Banyan Gold President and CEO Tara Christie. "With over 38,000 meters of drilling now complete in 2022, consistent...

  • Stratabound president and CEO Kim Tyler on a ridge at Golden Culvert in Yukon.

    Stratabound wraps up 2022 summer season

    A.J. Roan, Mining News|Updated Aug 18, 2022

    Stratabound Minerals Corp. August 11 announced the end of its 2022 summer field program at the company's Golden Culvert and recently added Win gold projects in southeast Yukon. After optioning Golden Culvert in 2017, Stratabound has spent several years establishing its foothold in the Yukon by advancing this underexplored property that neighbors Seabridge Gold Inc.'s high-grade 3 Aces gold project. Found within the Hyland Gold Belt, a geologic extension of the Tombstone Gold...

  • A streak of bright green northern lights over a Yukon gold exploration project.

    Banyan's AurMac hosts 4M oz of gold

    A.J. Roan, Mining News|Updated May 26, 2022

    After its initial maiden resource estimate in 2020, Banyan Gold has been determined to expand the resource at its AurMac property in the Yukon to more than 3 million ounces of gold, after extensive exploration consisting of large systematic step-out drilling the company has blown well over that mark, achieving nearly 4 million ounces on this northern Canada mine. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Alexco...

  • A frigid landscape in Yukon, Canada, where Banyan's AurMac property resides.

    First 2022 Powerline assays are consistent

    A.J. Roan, Mining News|Updated May 12, 2022

    Banyan Gold Corp. May 10 reported strong near-surface gold mineralization from the first nine holes drilled during the 2022 exploration program at the Powerline deposit on the company's AurMac property in the Yukon. According to a resource calculated in 2020, AurMac hosts 52.58 million metric tons in the inferred resource category averaging 0.54 grams per metric ton (903,945 oz) gold in two deposits – Powerline and Airstrip. Powerline hosts 6.58 million metric tons of this i...

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