Banyan Gold Says Latest Airstrip Deposit Drill Results Extend Mineralization at the AurMac Project in The Yukon

11:38 AM EDT, 10/28/2026 (MT Newswires) -- Banyan Gold (BYN.V) said Wednesday results from six drillholes from the Airstrip Deposit at its AurMac Project in the Yukon extended mineralization. Drillhole AX-26-921 intersected high-grade gold in four zones: 0.85 grams per tonne (g/t) gold over 28.9 meters; 1.34 g/t gold over 20.2 meters, 1.89 g/t gold over 10.1 meters, and 1.18 g/t gold over 27.5 meters, a statement said. "This year's program aims to pinpoint areas with high-grade mineralization, particularly where the current resource model shows unmineralized regions. Drillhole AX-26-921 produced significant high-grade intersections that suggest potential for expansion and improved grades between the Airstrip and Powerline Deposits," said Chief Executive Officer Tara Christie. Banyan's next exploration phase will work to identify the prime areas within AurMac that will contribute to its maiden 10-year grade and production profile, Christie added. Banyan Gold shares were last seen up CA$0.01 to CA$1.61 on the TSX Venture Exchange.