North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Banyan Gold Corp. Nov. 14 provided results from a 475-meter drill program at its Hyland gold-silver project in southeastern Yukon.

Each of the three holes drilled this year cut long intervals of mineralization in the project's Main zone, including: 30.7 meters of 1.3 grams per metric ton gold and 8 g/t silver from a depth of 18.3 meters in hole HY-16-48; 27.1 meters of 1.02 g/t gold and 16 g/t silver from 24.4 meters of HY-16-49; and 35.7 meters of 1 g/t gold and 2.5 g/t silver from 76 meters in hole HY-16-10.

Banyan said this year's drilling has confirmed the structure and continuity of the Main zone gold-silver resource.

According to an August technical report, the Main zone at Hyland hosts 12.5 million metric tons of inferred resource averaging 0.9 g/t (361,692 ounces) gold and 5.59 g/t (2.25 million oz) silver and remains open to expansion.

"The exploration focus on Banyan's flagship Hyland Gold project is to continue to demonstrate the property hosts a large, district-scale mineralized system while also communicating that the 400,000-ounce gold-silver resource defined on the property remains expandable," explained Banyan President and CEO Tara Christie.

"Metallurgical recovery test work on the Main zone is the next step in the on-going deposit appraisal and these results are expected in the near term."

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Shane Lasley, Publisher

Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.

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