Banyan Gold Corp.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Tara M. Christie
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 1100 Melville Street Vancouver BC Canada V6E 4A6
- IPO Date
- Nov 23, 2010
- Website
- banyangold.com
- Similar Companies
- Business
- Banyan Gold Corp. (TSXV: BYN) is a Vancouver-based mineral exploration company founded in 2010 that explores and develops gold and silver properties in Canada; it focuses primarily on advancing its flagship AurMac Gold Project and the Hyland Gold Project in the Yukon Territory. The AurMac Project, located in the Mayo Mining District and covering 291 square kilometers across 1,119 claims, hosts an indicated mineral resource of 2.274 million ounces of gold at 0.63 grams per tonne and an inferred resource of 5.453 million ounces at 0.60 grams per tonne across the Airstrip and Powerline zones; mineralization is structurally controlled and intrusion-related, associated with gold-bearing skarns and granitic dykes, and benefits from excellent infrastructure including highway access, three-phase power, and cell coverage. The wholly owned Hyland Gold Project spans 18,620 hectares across 927 claims in the Watson Lake Mining District, featuring structurally controlled gold mineralization along an 11-kilometer trend including the Main Zone, Camp Zone, Cuz Zone, and Montrose Ridge Zone, with a historical inferred resource estimate. In September 2025, Banyan completed its 100% earn-in acquisition of the AurMac Project by securing the remaining 25% interest from Victoria Gold Corp., subject to royalties, integrating the McQuesten and Aurex claim blocks acquired from Hecla Mining Company and Victoria Gold; this followed 75% earn-ins on both properties in prior years. The company closed a $31.4 million strategic financing in October 2025 led by Peruvian mining investor Alpayana S.A.C. and the Gubbins family, comprising $23 million in flow-through funds and $8 million in hard dollars with no warrants, bolstering its treasury beyond $40 million to support a 40,000-meter drilling program—nearing completion with nearly 36,000 meters drilled across 165 holes—and a Preliminary Economic Assessment planned for fall 2026. Ongoing 2025 exploration, informed by a revised geological model, targets high-grade zone expansions at over 1 gram per tonne gold, resource conversions from inferred to indicated, and new geophysical anomalies at AurMac, alongside a forthcoming Hyland resource update and modest 2026 drilling for potential joint ventures.
Company News
Banyan Gold Intersects 1.88 g/t Gold over 17.9 Metres in the Gap Between Airstrip and Powerline, and Identifies High-Grade Gold in Airstrip Footwall at AurMac, Yukon, Canada
Banyan Gold Closes $54.3 Million Financing
Banyan Announces Franco-Nevada Subscription for 10 Million Shares in Previously Announced Financing
Banyan Announces $50 Million LIFE Offering and Concurrent $8 Million Private Placement
Banyan Gold Intersects 1.05 g/t Gold over 52.8 metres and Bonanza-Grade Gold at Powerline Deposit, AurMac, Yukon, Canada
Banyan Gold to be Added to the GDXJ, the VanEck Junior Gold Miners ETF
Banyan Gold Confirms New Gold-Silver Discovery at Seattle Creek with 5.70 g/t Au and 544 g/t Ag over 0.5m, Nitra Project, Yukon
Banyan Gold Intersects 13.03 g/t Au Over 14.2m at Powerline North, AurMac, Yukon, Canada
Banyan Gold: Strongly Positioned, A Sensible Venture
Banyan Gold Intersects High-Grade Mineralization at Newly Identified Roaring Fork Zone, Visible Gold at Seattle Creek Zone, Nitra Project, Yukon
Banyan Gold Continues to Delineate High-Grade in Powerline Southwest, AurMac Project, Yukon, Canada
Banyan Gold Advances AurMac Toward a PEA with Engagement of Leading Mining Consultants, Yukon, Canada
Banyan Gold Expands High-Grade Domains at Powerline, AurMac Project, Yukon, Canada
Banyan Gold Files Technical Report for AurMac Project, Yukon, Canada
Banyan Gold Intersects 5.58g/t Au Over 21.7 m in New High-grade Gold Zone at the Powerline Deposit, AurMac Project, Yukon, Canada
Banyan Gold Commences Greenfields Diamond Drilling at Nitra Project, Yukon
Banyan Gold Completion of Property Acquisition from Generic Gold
Banyan Gold Announces Property Acquisition from Generic Gold
Banyan Expands Indicated and Inferred Mineral Resource Estimate and Improves Grade at AurMac Deposit, Yukon, Canada
The Yukon's Capital Cycle Has Turned -- and This 18-Project Junior Is Quietly Building the Next District-Scale Story