Banyan Gold Corp

7 days ago 1:02:35

Key Highlights

The host is most excited by the 1.88 g/t gold intersection over 17.9m in the largely undrilled gap between Airstrip and Powerline, seeing potential for the gap to become one high-grade starter pit.
He stresses location: the Yukon project has road access, power running through it, nearby communities and even cell coverage, and he says you could not find a better-positioned site in the territory.
With a roughly 8-million-ounce open-pit resource he believes can grow much larger, over $80M in treasury, and a first PEA targeted for the fourth quarter of 2026, he expects the coming numbers to be very strong.
He calls Banyan a takeover target - few 8-to-10-million-ounce Canadian resources with full infrastructure exist - and expects any acquirer would pay a premium rather than let it slide into the development-discount window.
High-grade gold in the Airstrip footwall points to where the near-surface gold being open-pit mined could be coming from, giving the company new follow-up targets.

Sterling Metals' Sioux project near Batchewana Bay, Ontario delivered 44 metres of 1.02% copper equivalent (all metals valued as copper grade) from near surface. Host Allan Barry Laboucan argues grade plus continuity — not grade alone — decides whether a discovery can realistically become a mine. Contango Ore pairs roughly $100 million of yearly free cash flow from its 30% Mancho stake with very high-grade Lucky Shot drilling in Alaska. Banyan Gold's 1.88 g/t gap-zone hit (grams per tonne — metal weight per tonne of rock) hints its two Yukon zones form one bigger pit. Argenta Silver's broad 46-metre gold-copper intercept points to a porphyry (the deep intrusion that feeds epithermal silver veins) near its 50-million-ounce resource.

Upside Gold ($UG | $UGODF): 3.31 Moz Historical Gold Resource and 5,180 Metres Drilled in BC

Investor TV

8 days ago 24:42

Key Highlights

Don Durrett uses Banyan Gold as the template for Upside Gold, recalling buying Banyan at $8 per ounce in ground and watching it reach $85, heading toward his $150-200 estimate.
He attributes Banyan's re-rating to its 8-10 million ounce size and the momentum effect once a stock starts trending and draws more attention.

Upside Gold's Kena project in southern British Columbia holds a historical 3.31 million ounce gold resource, with an updated 43-101 estimate expected in Q1 2027. The 2026 drill program reached 5,180 metres, beating its 4,000 metre plan and finishing ahead of schedule, with assay results still pending. Management is targeting 4 to 5 million ounces by adding recent drilling, the Kena copper gold zone, and previously excluded copper and silver values. The host sees the company valued near $850 an ounce in the ground against a $34 million market cap, framing shares as cheap optionality. Flow-through dollars (tax-incentive financing for Canadian exploration) make up $3.7 million of the June raise, already covering the 2027 drill program.

Nick Hodge – Beaver Creek Recap, Key Newsflow In Portfolio Stocks, & Outlook On Gold, Silver, Copper

13 days ago 23:59

Key Highlights

Hodge says Banyan Gold raised about $55 million during Beaver Creek week and is doing good as a result.
He notes Au Gold CEO Mark Blythe is also Banyan's non-executive chairman, working alongside Tara Christie.

Junior resource companies are spinning out unloved assets into new vehicles, a track record Nick Hodge credits with unlocking shareholder value where portfolios stagnate. This year's Beaver Creek precious metals summit was the busiest yet, with institutional money out in force and companies focused on execution over bull-market debates. The guest argues copper is the strongest major metal, supported by data-center buildout, mine supply disruptions, and the absence of US import tariffs. Gold must hold $4,000, in Hodge's view, as a rising dollar and multi-decade bond yields oppose it, setting up a buying opportunity. Silver looks weaker than gold and could retest $55; Hodge is hunting a mid-tier silver producer but wants a better entry before buying.

Banyan Gold - High-Grade Drill Results, $58Mil Financing, Franco Nevada $20Mil Investment, GDXJ

15 days ago 12:53

Key Highlights

Raised $58 million through two concurrent financings in late September 2026, including Franco-Nevada's $20 million subscription (10 million shares at $2.00, no warrants); the CEO says this funds Banyan through 2028 with $30-40 million remaining entering 2028 and about $100 million in the bank, and the company was also added to the GDXJ.
Signed drill contracts for eight drills covering roughly 100,000 m at AurMac and 20,000-30,000 m at Nitra in 2027 — about $50 million of drilling plus baseline environmental, geotechnical and community work — moving toward a PFS and a first year-round exploration program.
A PEA is due in Q4 2026 on the resource built from the 2025 drilling; the 2026 program (46,000 m of a planned 70,000 m complete as of late September) feeds the next resource update, which the CEO says targets higher grade and ounces in years 3-6 of the mine plan.
September 17, 2026 results from the western Powerline deposit extend high-grade mineralization outside the current resource; the CEO says the holes prove the targeting model, add ounces, and fall early in the mine plan the PEA will show.
The undrilled 'Gap' — where Banyan previously intersected 14 m of 13 g/t material — needs an estimated 20,000-25,000 m to drill out, mostly January-March 2027; if the high-grade zone is continuous it could reduce strip ratio and change the starter pit location.

Banyan Gold raised $58 million in concurrent financings, with Franco-Nevada subscribing $20 million at $2 a share — an endorsement carrying no warrants. The treasury funds operations through 2028 and an eight-drill 2027 program: 100,000 metres at AurMac plus 20,000-30,000 metres at Nitra. September step-out holes — drilling beyond the known resource boundary at Powerline — hit high-grade gold, which management says proves its targeting model. The Q4 PEA (Preliminary Economic Assessment — an early study of mine economics) rests on the 2025 drilling resource; 2026 holes feed the next update. Drilling the high-grade Gap zone — 14 metres of 13 g/t gold (grams per tonne) — needs frozen ground, so most results wait until winter.

Lab Report | Sep 28 Daily Market Overview & Deep Dive on Banyan, Blackrock, Ashley, and Gladiator

15 days ago 51:07

Key Highlights

The speaker argues Banyan Gold is unlikely to stay independent: with an $857 million market cap and a Yukon open-pit project he thinks already holds 8-10 million ounces, rare road access makes it a takeover candidate, and he expects the interest to build around the maiden PEA expected in Q4 2026.
Road access to the Ormac project is the differentiator he keeps returning to - it stretches the usual three-and-a-half to four month Yukon season and, in his view, leaves the project with power, water and roads already in place for a large open-pit build.
Franco-Nevada is subscribing for 10 million shares in the previously announced financing; the speaker calls that very positive news and says it settles the dilution question, pointing to the royalty firm's discipline on due diligence.
Using a new CEO.ca 3D drill-hole model, he shows gold sitting in the top 350-400 metres with little waste to strip, and estimates the resource is closer to 7 million ounces with wide undrilled gaps that could add materially more.
He rejects the two main bear themes - low average grade and unproven economics - noting open pits are routinely mined below 0.5 g/t, and citing high-grade hits such as 14.2 metres at 13 g/t plus visible gold and high-grade silver at Roaring Fork and Seattle Creek near Keno Hills.

Four junior explorers reported news; the host walks through drill core himself instead of trusting headline intersection numbers. A royalty company funding a junior's financing signals confidence, and nearby road access stretches the Yukon field season. A 60-metre gold intersection can shrink to three narrow veins underground, which is the episode's core geology lesson. He cautions that rushing into a resource estimate and PEA can trigger the development discount before a deposit's limits are known. Macro wrap: rising bond yields compete with non-yielding gold, and he sees precious metals oversold on that trade.

Jason Webber of Silver North Resources presents at Metals Investor Forum in Vancouver | Sep 2026

Metals Investor Forum

18 days ago 13:43

Key Highlights

Webber estimates Banyan's ORMAC and Powerline gold discoveries south of Haldane hold probably eight million ounces of gold.
He lists Airstrip, Oryx Hill, and Powerline as the new gold deposits Banyan is working on, with Powerline sitting close to Silver North's project.

Silver North pivoted from metal-agnostic explorer to silver-focused company in 2023, centered on the historic Keno Hill silver district in the Yukon. Haldane drilling has hit silver in 80% of 24 holes, including 13 meters averaging 818 grams per ton with a gold credit. Intersections run 6 to 9 grams per ton gold in places, enough that neighbouring producer Hecla is investigating where the gold enters the system. Only about 10% of 12 kilometers of mapped vein-hosting structures have been drilled, leaving ample discovery runway across the 100-year-old district. Roughly 24 holes and 6,200 meters from the 2026 program should start reporting news flow by end of September, running through January.

Banyan Gold Targets Q4 PEA at AurMac After 8.6 Million Ounce Resource

Mining Network

20 days ago 15:49

Key Highlights

The maiden PEA (preliminary economic assessment) due in Q4 2026 uses the 2026 resource of about 8.6 million ounces, which Christie frames as a base case, not a peak.
High-grade intercepts in the Airstrip-Powerline gap — 13 g/t over 14 metres and shallow — could, if they connect, replace what the PEA assumes for years 1-3.
AurMac hosts 3.64 million ounces indicated and about 5 million ounces inferred, open in all directions, particularly at depth.
Eight rigs restart from 15 January 2027 aiming for at least 70,000 metres (100,000 goal) at AurMac plus 20,000-30,000 metres on regional targets.
The current financing is meant to leave $30-40 million at the end of 2027, which Christie says saves about a year toward the construction timeline.

Banyan Gold's AurMac deposit now hosts 8.62 million ounces (indicated plus inferred) at a 0.30 g/t cutoff, with a maiden PEA due in Q4 2026. The maiden PEA (preliminary economic assessment — first economics for a project) is due in Q4, with analyst ranges of 30,000-40,000 tpd and 250,000+ ounces annually. High-grade drilling in the Airstrip-Powerline gap — 13.03 g/t gold over 14.2 metres in hole AX-26-874 — could lift early production years if mineralization connects. First holes at Nitra, 25 km west, hit Roaring Fork and Seattle Creek — 5.70 g/t gold with 544 g/t silver — pointing to district scale. Recently added to the GDXJ index, Banyan expects C$30-40 million by end-2027 and plans eight rigs from 15 January 2027 for at least 70,000 metres.

Summit Royalties – Comprehensive Update On 4 Producing and 3 Key Development Assets

21 days ago 18:21

Key Highlights

Banyan plans to publish a PEA by around year-end 2026 that is publicly targeting over 300,000 oz of gold per year, which Clark expects to draw attention to Summit's royalties on the project.
Summit holds a 2% royalty on Airstrip and 1% on the Western Extension/Powerline zone; the recent Nitra discovery is not on Summit's claims, but Clark says much of the high-grade drilling is concentrated around Airstrip.
The AurMac project hosts over 8.5 million oz, and the hosts note a newly defined roughly 1 g/t higher-grade portion of the open pit plus new discoveries from this year's drill program.
Clark argues the market ascribes little or no value to the Banyan royalty in Summit's shares today, making it free upside.

Drew Clark argues Summit Royalties trades at 0.75x net asset value (NAV) against 1.2-1.6x for royalty peers, leaving room to re-rate. Four producing royalties are compounding as operators expand — Madsen, Bomboré, Zancudo and Keysbrook grow Summit's cash flow at no extra cost. Copperstone and Pitangu should reach production in 2027, with the guest's math valuing the 4% Copperstone gold stream at about US$6 million yearly. Banyan Gold's year-end AurMac PEA (preliminary economic assessment — an early-stage mine study) could re-rate Summit's unvalued royalty on the project. A US$50 million National Bank credit facility funds accretive royalty acquisitions without heavy dilution, and management owns 12% of the company.

Brien Lundin - Gold Sector Rebound: Where’s The M&A, What Characteristics Actually Matter?

25 days ago 24:35

Key Highlights

The guest keeps coming back to Banyan, calling it the premier deposit in its area with every risk box being checked off one after another.
The guest expects Banyan to become the foundational project for a roll-up play in that area at some point.

Widely expected Fed rate hikes can mark gold bottoms: shorts exit once the hike is a fait accompli, echoing the December 2015 low. Rising bond yields now signal repayment risk, not opportunity, an environment where both rate paths, hiking or cutting, ultimately support gold. M&A is slow because majors hoard cash and buy 9.9 to 19.9 percent strategic stakes instead, gaining optionality without paying full takeover premiums. Juniors now flatten the Lassonde Curve (the value dip during lengthy development), advancing straight into small, high-margin production to fund exploration without dilution. Premier takeover targets combine extraordinary economics, de-risked studies, and remaining exploration upside; featured names include 1911 Gold, Banyan, Delta, Gladiator, Luca, and Meridian.

Lab Report | Sep 17 Deep Dives on Banyan, Nuvau, Dryden, and Norsemont

26 days ago 1:03:22

Key Highlights

The host argues Banyan is unlikely to mine AurMac itself: he expects a takeover, possibly north of $2 billion and fairly quickly, with the maiden PEA expected in Q4 acting as the catalyst.
New drilling at the Powerline deposit cut 1.05 g/t gold over 52.8 m, including a 149 g/t over 0.4 m bonanza interval, inside a wider 0.56 g/t over 169 m halo.
He says these near-surface high-grade pockets would lift the profitability of an open pit already mining around half a gram, in a system he believes could exceed 10 million ounces.
He rates its Yukon road access and infrastructure the best in the region and dismisses pre-PEA cautions about low grade, resources-vs-reserves and the early Nitro intercepts.
Per the CEO.ca sentiment review he cites, investors see the stock as undervalued per in-ground ounce versus peers and M&A comps, with the stock near all-time highs as of the video date.

Host argues orogenic gold systems (deep-rooted vein systems) reward drilling to depth, citing Goldcorp's Red Lake bonanza zone found a thousand meters down. Banyan Gold's wide, low-grade Yukon intercepts fit open-pit economics; its maiden PEA (first look at project economics) is due in Q4, fueling takeover talk. Nuvau's high-grade Abitibi drill hits impress, but the host says sporadic updates hurt it: consistent news releases and interviews keep a company fairly valued. Dryden Gold's visible gold at Mud Lake North backs the host's call to stop widening its footprint and drill the 300-to-600-meter depth potential. Norsemont hit 41 meters grading 4.59 grams per ton of gold in Chile, yet the host wants near-term oxide production prioritized over deep porphyry drilling.

Brien Lundin - Gold Defies Yields and High-Upside Juniors in the Yukon

about 1 month ago 20:01

Key Highlights

Lundin argues Banyan's AurMac resource, already 8.5Moz, could realistically grow to ~10Moz with a slightly lower cutoff and ultimately toward 15Moz given the project's scale.
The imminent PEA will be a snapshot in time: roughly 60,000m of drilling is excluded, including most of the higher-grade (>1 g/t Au) starter-pit material just being outlined.
Lundin calls Banyan a "lay down" future major mine and the keystone asset that will anchor consolidation of the surrounding Yukon district.
Re-assaying and recent drilling have surfaced a high-grade silver component, but Lundin views it as minor relative to the gold resource because it lacks the drill density for resource reporting.
Tara Christie's regional acquisitions give Banyan optionality — the outlying properties can be spun into a new vehicle or used to sweeten a major's acquisition bid for AurMac.

Gold has risen alongside 10-year Treasury yields since late June, driven by bond vigilantes demanding higher returns amid unsustainable sovereign debt. Bond vigilantes are pushing back against both the Treasury and the Fed, since U.S. debt now exceeds $40 trillion. Senior gold producers now generate stronger free cash flow yields relative to capex than technology companies, an inversion driven by ballooning AI infrastructure spending. Three Yukon juniors (Banyan Gold, Gladiator Metals, and Prospector Metals) impressed on recent site visits, with Banyan positioned as a keystone for regional consolidation. Advanced explorers face a real choice between publishing early economics to anchor valuation or continuing to drill to preserve upside, with resourced companies holding up better through pullbacks.

Banyan Gold - New High-Grade Gold & Silver Discovery At Seattle Creek On Nitro Project

Key Highlights

First hole at Seattle Creek on the Nitro Project hit near-surface visible gold, with the headline intercept of 5.7 g/t gold and 544 g/t silver over 0.5 m.
The same hole returned 12 m of 0.9 g/t gold and 27 g/t silver, which Christie reads as a broad mineralized system rather than a narrow vein.
The silver hit sits roughly 25 km from Ormac/Keno, pointing to a regional reduced-intrusion story across the Nitro claims, in Christie's view.
Banyan is past the halfway mark of a 70,000 m drill program for the year, with 10,000 m earmarked for regional targets and three drills running.
Two of eleven Nitro targets have now reported; Christie expects follow-up holes at Seattle Creek and Roaring Fork and roughly biweekly news through December.

Banyan Gold’s first hole at Seattle Creek returned 5.7 g/t gold and 544 g/t silver over 0.5 m — a rare near-surface greenfield hit. The 70,000 m 2026 drill program is past halfway, with 10,000 m spread across 11 regional targets beyond the AurMac deposit. Assay lab bottlenecks mean holes 2–5 sit on a 4–6 week timeline while hole 6 onward goes to a faster lab, scrambling hole order. Follow-up drilling is already underway at Seattle Creek and Roaring Fork this season, with next year’s priorities set after assays come back over winter. A PEA is progressing on AurMac alongside ongoing high-grade zone work, and the company expects news roughly every two weeks through year-end.

Lab Report | Aug 20 Daily Market Overview & Deep Dive on Athena, Mackay, Orogen, Sirios

about 2 months ago 53:30

Key Highlights

The host places Banyan together with the Haldane project in the heart of the Keno Hill district, which has produced 217 million ounces of silver historically and 3 million ounces in 2025, and describes the Banyan land package as significant and carrying historical deposits.
He notes the project is reached by both paved and gravel roads running out of Keno City, which he frames as a well-serviced location.

Athena Gold's new Red Lake hit of 23.85 g/t (grams per tonne) over 5 metres, near surface, is the standout result. The host reads Sirios' 2.4 g/t over 48.5 metres at Cheech as high-grade shoots being tested beneath the open pit. Mackay Gold & Silver adds a core rig to test the historic Sutro tunnel intersection on the Comstock, Nevada, inside a 20,000-metre program. Orogen Royalties adds a 2% net smelter royalty on the Haldane silver project, and the host prefers its geologist-led model. With bond yields at multi-year highs and debt near $40 trillion, the host says all roads lead to gold, now above its 200-day average.

Sitka Gold - Court Approves 100% Acquisition of Clear Creek Property & 7-Drill Exploration Update

Court approval on Aug 18, 2026 cleared Sitka's accelerated $6M cash purchase of Clear Creek, locking in 100% ownership of the RC Gold Project. Sitka holds well over $10M in cash after recent warrant exercises, funding the $6M Clear Creek payment in cash rather than shares. Clear Creek carries a 5% NSR royalty reducible to 2% for $10M; Sitka also holds a right of first refusal on any sale. Sitka is running seven drills across a 60,000m program covering Rhosgobel, Pukelman contact, Bearpaw, Eiger, and Saddle targets. Lab capacity is stretched by record-breaking Yukon drilling volume, slowing assay turnaround despite steady news flow expected into year-end.

Mining Can Make You Rich or Wipe You Out | Ross Beaty

The Deep Dive

Beaty likens exploration investing to a casino — high risk, low return, though rare 10-bagger discoveries can emerge on the Lassonde curve. Equinox Gold targets ~1.9 million ounces of annual production via Nevada's new Railroad mine and existing assets, with no further deals required. Beaty personally bought $10 million of Equinox shares after retiring, citing the team's growth runway and a strong balance sheet. Lumina Metals' Polish copper-silver deposit ranks among the world's largest, with $6 billion capex financing plausibly available in today's market. Beaty kills project interest in the first hour over non-geological issues: no water, no power, hostile communities, or missing roads.

McFarlane Lake Mining CEO And Largest Shareholder Discuss Latest Corporate News.

Peter Grandich

Key Highlights

Michael Gentile cites Banyan Gold in the Yukon as trading at roughly $70-$80 per ounce in the ground in his valuation comparison.

McFarlane Lake's Juby project grew to 6.2M oz inferred+indicated, a 50% jump from 4.2M oz with only 13,000m of drilling. The CEO projects another 3-4M oz on the way to a 10M oz target with 50,000-70,000m of additional drilling. Hanging wall drilling at the Juby deposit is hitting mineralization previously classified as waste, which could improve the strip ratio. Largest shareholder Gentile argues the US Treasury's bigger bond intervention signals yield curve control — bullish for gold. McFarlane trades at $25-27 per ounce in the ground versus $70-80 per ounce for peers like Probe Gold and Banyan Gold.

Banyan Gold - High-Grade/Bonanza Gold Results, Resource Expansion, and 2026 Exploration Progress

Key Highlights

Hole 874 in the previously undrilled gap between Airstrip and Powerline returned 13 g/t gold over 14.2m (true width ~12.8m), including a bonanza 142.7 g/t over 1m — described as among the largest high-grade intercepts on the property to date
Closing the gap between Airstrip and Powerline would take roughly 15,000m of drilling and could convert material currently classified as unmineralized waste into ore, lowering the strip ratio in the next study
About 40,000m of the planned 70,000m 2026 program has been drilled across Ormac and Nitra (~5,000m at Nitra, ~12 holes), with one rig currently turning at Ormac and visible gold reported in the first two Nitra holes
The 2026 program is being sequenced toward a future resource update and PFS rather than the current PEA — deep holes are now being drilled below the existing pits because the prior $1,500/oz gold-price assumption had artificially constrained the pit shells

Hole AX-26-874 returned 13 g/t gold over 14.2m at Powerline North, including a bonanza 142.7 g/t over 1m near surface. Banyan's updated lithological model is identifying high-grade zones between Airstrip and Powerline, with potential to reshape future strip ratios. Banyan has completed 40,000m of its 70,000m 2026 drill program and reports visible gold in early drill holes at the regional Nitra target. The 2026 program targets resource conversion for a post-PEA study, with deeper drilling expected to add inferred ounces below existing pits. Drilling will continue to support a future PFS rather than trigger an immediate shift to development.

Lab Report | Aug 17 Daily Market Overview & Deep Dive on Banyan Gold, Contango, and Equinox Gold

about 2 months ago 41:05

Key Highlights

Top point: the host reads a drill result of "Banyan intersects 13.03 grams per ton. Of gold over 14.2 meters" in the Yukon, which he calls "a miner's dream" and says lifted the stock "up 6.3% on this news" in the Aug 17, 2026 session.
He argues the location matters as much as the grade — "But it has road access, and that's very unique. In the Yukon" — and hedges the scale as "it already looks like it could be over One billion ounces in an open pit type scenario", which is his read of the sections rather than a resource figure.
Working through the company's own sections he flags a mismatch: the high-grade drilling sits away from the bulk of the resource, so "there could be some dilution", and more holes mean "this pit shell could change". His breakeven is a rule of thumb, not a study: "Really anything over 0.2 Of a ground probably makes money".
The reason he places Banyan further along his own personal stage progression is a milestone he states without hedging — "they've already done resource estimates and preliminary economic Assessments" — after which he says it still has room to move, and rates it a takeover candidate: "I Would put them high on the list of being a takeover target", backed by demand he claims in "a lot of major mining companies that would need a project like Banyan has".
Market data he reads out: "They have An $803 million valuation that's Canadian. They got 430 million shares out.", and "55 million. Shares coming free trading in 21 days", which he explicitly declines to read as a negative and instead offers as a test of shareholder quality.

Debt-service math points to rate cuts rather than the September hike markets price, which is why the host stays bullish gold, silver and copper. A discovery-to-production pipeline he calls broken leaves gold, silver and copper with weak supply chains against strong demand. Banyan Gold rose 6.3% on a 13.03 grams-per-tonne gold intercept over 14.2 metres at a road-accessible Yukon project. Contango Silver and Gold is a preview: the host expects the junior to graduate into a well-run mid-tier with a cash-rich balance sheet. Equinox Gold’s South Railroad permit milestone adds 800,000 ounces a year and, on the host’s view, moves it from mid-tier toward major.

Live Q&A with Rick Rule and Steve Barton

Rule Investment Media

2 months ago

Key Highlights

The speaker argues Banyan's 7–8 million ounce gold deposit at roughly 0.8 g/t deserves a similar market cap to Freegold's 30 million ounce deposit because Banyan's ounces are far more thoroughly drilled (measured and indicated) with a road through the site and Yukon grid access.
He contrasts Banyan's infrastructure advantages — road access and proximity to the Yukon power grid — with Freegold's truly frontier positioning.
He expects Banyan will have to start with on-site GenSets for power, with the industry hoping the Canadian taxpayer will fund tying the Yukon grid into the BC/Alberta grid to solve the power challenge.
He suggests that as exploration continues, Banyan-type deposits often reveal higher-grade chutes or cores within the broader low-grade envelope — a potential upside that Freegold has not yet demonstrated.

Rising price is not the same as rising value; resource cycles typically run years, so time preference matters as much as entry timing. Focused copper producers like Southern Copper deliver more leverage than diversified majors such as BHP or Rio Tinto treat copper as a side business. Resource category confidence (measured and indicated versus inferred) and on-site infrastructure matter as much as headline ounces when comparing deposits. Royalty and streaming businesses reward patient capital over years; the next big deals will likely syndicate into bite-sized opportunities for tertiary players. Asymmetric exploration bets work only when the loss is affordable, with Rule framing NG Energy as a possible ten-bagger against a 30 to 50% loss.

Banyan Gold - Two New Gold Discoveries At The Nitra Project

2 months ago

Key Highlights

Banyan Gold Targets Q4 PEA at AurMac After 8.6 Million Ounce Resource

First-pass drilling at the Nitra project hit visible gold at both of the first two targets tested, Roaring Fork and Seattle Creek, which host and CEO describe in the August 4, 2026 interview as two new gold discoveries.
The first reported Roaring Fork hole returned 1.62 g/t gold over 5 meters, including nearly 18 g/t gold over almost half a meter, and hole six about 5 kilometers to the north also showed visible gold.
As of the interview, about 3,500 meters of the 7,500-meter Nitra program were drilled, with a third rig being added and a possible push to 10,000 meters, while the Ormac program had reached nearly 40,000 meters across 130 holes of a roughly 70,000-meter plan.
The CEO says the new 5.2-million-ounce resource (at a 0.55 g/t cut-off) will feed a PEA targeted for launch in the fourth quarter, which management expects to deliver the company's first economics.
The 830-square-kilometer land package holds roughly 100 regional targets (11 selected as top priorities), the two discoveries sit about 25 kilometers from Ormac, and the newly acquired Seattle and Goodman Creek properties are awaiting permits.

Visible gold in Banyan Gold's first-ever Nitra drill holes gives the junior two new discoveries, which CEO Tara Christie reads as district-scale potential. Roaring Fork's first hole returned 1.62 grams per tonne gold over 5 meters, including nearly 18 grams per tonne over almost half a meter. The new zones sit 25 kilometers from the AurMac deposit, where about 40,000 of 70,000 planned meters are drilled and assays keep flowing. Assay lab backlogs led Banyan to release visuals early; a third drill rig could push the Nitra program from 7,500 toward 10,000 meters. Banyan expects its PEA (Preliminary Economic Assessment — a first look at project economics) in Q4, built on a new 5.2-million-ounce resource.

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Banyan Gold lines up its Q4 PEA on about 8.6 million ounces at AurMac

Banyan Gold enters Q4 2026 with about 8.6 million ounces at AurMac, a maiden PEA it calls a base case, and a financing meant to leave $30-40 million by end-2027. Next catalysts: high-grade results from the Airstrip-Powerline gap and eight rigs from mid-January.

20 days ago

Lab Report | Sep 17 Deep Dives on Banyan, Nuvau, Dryden, and Norsemont

Banyan Gold drills high-grade pockets into its low-grade Yukon open pit ahead of a Q4 PEA

On CEO.CA's September 17 Lab Report, the host says Banyan Gold's Powerline hole — 1.05 g/t gold over 52.8 metres including a 149 g/t over 0.4 m bonanza hit — adds profitable high-grade pockets to a low-grade Yukon open-pit system he says could exceed 10 million ounces. With a maiden PEA expected in Q4 and takeover talk building, he argues Banyan is more likely to be acquired than to mine the project itself.

26 days ago

Lab Report | Aug 17 Daily Market Overview & Deep Dive on Banyan Gold, Contango, and Equinox Gold

Banyan Gold: A 13 Grams per Tonne Intercept in the Yukon, Road Access, and a Takeover Call

In an Aug 17 CEO.CA lab report, host Alan Barry Laboucan builds a case around Banyan Gold's 13.03 grams per tonne over 14.2 meters intercept in the Yukon, its road access, and an open-pit scale he hedges as looking like it could exceed a billion contained ounces. He also says the company has already done resource estimates and a preliminary economic assessment. No Banyan executive speaks; the dilution, breakeven and takeover calls are his own opinion.

about 2 months ago

Banyan Gold - Expanding High-Grade Mineralization at AurMac & Drilling At Nitra

Banyan Gold's high-grade Powerline hits land in 'waste' rock — a preview of the next AurMac resource

CEO Tara Christie says new Powerline intercepts — over 5.5 g/t gold across nearly 22 meters — hit a projected high-grade zone inside AurMac's conceptual pit that the current resource counts as waste. The holes arrive too late for this year's PEA but anchor the next resource update, while a 7,500-meter regional program begins at Nitra.

4 months ago

Tara Christie, President and CEO of Banyan Gold | Rule Symposium 2026: Rick Rule interviews

Banyan Gold's CEO targets rare 5-million-mineable-ounce territory, funded well through 2027

CEO Tara Christie tells Rule Investment Media that Banyan Gold holds more than $70 million in cash after a $46.5 million financing, expects a resource update within weeks, and plans a preliminary economic assessment for the second half of 2026. She argues the Ormac project in the Yukon is on track for the rare territory of gold deposits with more than 5 million mineable ounces.

5 months ago

Banyan Gold: Starter-Pit Potential Could Matter More Than a Fast District Deal

Rick Rule argues that Banyan Gold's near-term case rests less on a quick district consolidation and more on defining enough higher-grade material for a starter pit. He describes a large, low-grade Yukon deposit with exploration upside, but says the benefits may take time to reach shareholders.

5 months ago

Live Q&A with Rick Rule

Banyan Gold - Continuing To Define The High Grade Areas At The Powerline & Airstrip Deposits

Banyan Gold's New Geological Model Confirms High-Grade Targets at Powerline and Airstrip

Banyan Gold reported eight drill holes from its AurMac Powerline and Airstrip deposits in the Yukon, with CEO Tara Christie saying the company's new geological model successfully predicted high-grade zones. Roughly 120 holes from a 178-hole, 43,000-metre program remain to be released, with a resource update expected in Q2 and a PEA in H2 2026.

9 months ago