Tara Christie, President and CEO of Banyan Gold (“Banyan” or the “Company”) (TSX.V:BYN – OTCQB:BYAGF) joins me to discuss two significant news releases from the Company last week. On February 6th the Company reported “Positive Metallurgical Test Results” and the day after, February 7th, announced the updated Mineral Resource Estimate (“MRE”), at the AurMac Project in the Yukon.
We start with the update MRE that now totals 7 million ounces of gold in the inferred category. See Figure 1 from the news release, posted below, to view the resource and drill locations. I have Tara recap the drilling that contributed to the updated resource and how this drilling managed to combine the Aurex Hill and Powerline deposits into now simply the Powerline deposit. We also discuss the Company’s options for moving the Project forward this year.
On the metallurgical testing front, Tara recaps the results from the February 6th news release. I also have her compare these early results to other projects and mines in the area.
Please email me with any follow up questions for Tara. My email address is Fleck@kereport.com.
Figure 1: Plan Map Showing the Mineral Resource Estimate Extents and Drill Collar Locations.
