Tara Christie

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

• Top takeaway Argues raising before the Q4 PEA was deliberate: companies that wait see the market anticipate a raise and sell off even on good news, and the cash lets Banyan plan and execute through 2027 without funding uncertainty.
• Her thesis is that the 2026 program was designed around the first 10 production years — lifting grade and ounces in years 3-6 — and she expects the PEA production profile to surprise, citing majors' interest at 250,000-300,000 oz/year rather than 200,000.
• Believes the high-grade 'Gap' sits along the Robert Service thrust fault, a key fluid pathway, with the zone likely continuing near surface and down dip; drilling it out (20,000-25,000 m, mostly January-March 2027) could cut strip ratio and move the starter pit.
• Claims the financing lets Banyan move its timeline up toward potential development — 'PFS level and maybe even beyond' — and shift how corporates and the Yukon government perceive the company; a VP of Engineering hire is planned.
• Points to lab turnaround (about two months on the main lab, about one month on a second lab) as the results bottleneck and plans to use the new funding to get labs to staff up and commit to better timelines for 2027.

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.

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

• Top takeaway She argues the Q4 2026 PEA is a deliberate base case because much of 2026's 70,000-metre program is not yet in it, with high-grade results still unreleased.
• She argues the shallow high-grade gap between Airstrip and Powerline could lift the early production years and that January 2027 drilling will test how far it connects.
• She argues Banyan is unusually positioned: funded to leave $30-40 million by end-2027, newly in the GDXJ, and moving permitting groundwork such as condemnation drilling.
• She argues majors look for about 5 million ounces in a new district, and AurMac's higher-grade case plus two first-hole discoveries west put Banyan in that district-scale conversation.
• She argues for a district mill at AurMac and is not courting majors before the PEA, waiting for the study to set an equal playing field.

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.

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

• Top takeaway Christie calls the Seattle Creek intercept on a greenfield hole 'a discovery that is rare' and frames it as proof of concept for Banyan's geophysics-geology-placer targeting model.
• She argues silver at Seattle Creek shows the regional silver system is not confined to Ormac/Keno, describing a larger reduced-intrusion story.
• Christie says Banyan is still on the exploration-upside part of the curve at Nitro and that any substantive hit there would be additive to the 8.5 Moz resource at Ormac.
• She flags an assay-lab bottleneck: holes 6-8 may report before holes 2-4, with roughly 4-6 week turnarounds.
• Christie is leaving next year's target prioritization open until all 11 drilled targets' results are integrated over the winter.

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.

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

• Top takeaway Argues the new geological model is lithologically constrained and is successfully predicting higher-grade zones, with hole 874 as evidence that the Airstrip–Powerline gap hosts a continuous high-grade domain
• Frames 2026 as the first year the company has enough cash and momentum to plan around 2027–2028 study catalysts (PFS / next resource update), not just drill results
• Says drilling will continue rather than pivot to development, because PFS-required indicated resources and a real strip-ratio understanding are needed first
• Sees Nitra (regional targets 25 km away and a further ~15 km west) as a separate early-stage exploration leg, with visible gold in the first two holes supporting 11 drill targets this year

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.

Banyan Gold - Two New Gold Discoveries At The Nitra Project

• Top takeaway Argues the visible-gold hits at the first two Nitra targets support her view that Banyan controls a district (an 830-square-kilometer land package with roughly 100 regional targets), not just the Ormac deposit.
• Suggests Roaring Fork and Seattle Creek, about 5 kilometers apart and roughly 25 kilometers from Ormac, could form one connected intrusion-related system, while stressing this still has to be tested.
• Defends releasing core visuals ahead of assays, citing an expected four-week lab turnaround from Nitra and the value of sharing structural observations with visiting geologists and shareholders.
• Places the company on the discovery side of the Lassonde curve while also moving toward developer status, calling the fourth-quarter PEA on the 5.2-million-ounce resource potentially transformative for the company.
• Notes visible gold is not always associated with the highest grades, treating it as an indicator of gold until assays confirm values, and is following up 400 meters from a deep Ormac hole that ended in 15 g/t material.

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.

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

• Top takeaway Argues the new Powerline high-grade zone (found in what was classified as waste inside the conceptual pit) shows Banyan has not yet found the edges of Powerline or Airstrip and that AurMac still has substantial growth and discovery potential.
• Her core thesis is that the refined lithology-based geological model successfully predicts high-grade zones, which she says gives the resource credibility and is now guiding exploration targeting.
• Concedes the 2026 holes will not make it into the H2 2026 PEA because of the resource cut-off, but expects the new zone to be significant in the next mineral resource update and study.
• Sees potential satellite starter pits of roughly half a million ounces at 1+ g/t from the Nitra regional targets or the southern zone, which she argues would materially improve project economics.
• Calls the PEA the major second-half 2026 catalyst, argues Banyan remains undervalued at about $50 per ounce (US) versus peers, and points to 30,000 meters drilled by late June toward a 70,000-meter season target.

High-grade intercepts — over 5.5 g/t gold (grams per tonne) across nearly 22 meters — sit inside AurMac's conceptual pit but outside the current mineral resource. CEO Tara Christie says 2026 drill holes cannot enter the upcoming PEA (Preliminary Economic Assessment), which uses only drilling completed through end-2025. Infill drilling to roughly 100-meter spacing aims to move the pit's unclassified high-grade zones into Inferred (lowest-confidence) resources, adding ounces and grade. A 7,500-meter program now drilling ten regional targets at Nitra could add satellite deposits that extend future mill life at AurMac. Management sees Banyan undervalued at about US$50 per resource ounce versus peers, with the filed technical report and second-half PEA as catalysts.

Banyan Gold - Multi-Project Yukon Acquisition and Aggressive 70k Meter Drill Program Update

Banyan Gold acquired a multi-project portfolio from Generic Gold, adding strategic land positions adjacent to existing Yukon properties with no near-term spending commitments. Over 26,000 meters of a planned 70,000-meter drill program are complete, with multiple rigs actively turning to expand the resource base. The company is advancing toward a Preliminary Economic Assessment (PEA) using the 2025 resource model, while high-grade silver veins may add future economic upside.

Banyan Gold - Recapping the Over 8.5 Million Ounce Updated Resource Estimate, AurMac Gold Project

Banyan Gold announced an updated resource estimate of over 8.5 million ounces for the AurMac Project, successfully defining a substantial high-grade core. The company achieved a 90% conversion rate to the indicated category, demonstrating strong deposit continuity without sacrificing grade quality. With $70 million in cash, Banyan is fully funded for a 70,000-meter drill program and an upcoming Preliminary Economic Assessment (PEA).

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

• Top takeaway Tara Christie argues Banyan's Yukon project will join the rare group of deposits with over 5 million mineable ounces, citing high-grade starter pits that begin at surface on flat topography.
• She reports over $70M in the bank after a $46.5M financing as of the May 2026 interview, with 20,000 meters drilled and paid for and funding that carries the company well through 2027.
• She guides that the imminent resource update will bring only a modest ounce increase, with the real news being better-defined high-grade zones and new subdomains in the starter-pit areas.
• She has upsized the 2026 drill program to 70,000 meters, adding step-outs to test satellite targets on the 720 sq km property that she believes could each hold over 500,000 oz.
• She credits the run of high-grade hits to a new lithologically constrained geological model with more domains and subdomains, and says the team now drills condemnation holes because it has found no edges to the deposit.

Yukon gold developer Banyan holds over $70 million after a $46.5 million financing, funding a 70,000-metre drill program well through 2027. A resource update is due within weeks on 2.2Moz indicated plus 5.4Moz inferred ounces, with a PEA (preliminary economic assessment) following later this year. Franco-Nevada paid $52.2 million for a 6% royalty, buyable to 1% for $10 million — cited as the best current valuation marker. The guest argues few projects worldwide hold over five million mineable ounces — the economically extractable portion of a geological resource. A lithologically constrained geological model makes high-grade hits predictable — strengthening the near-surface starter pits (first ore mined) that anchor early economics.

Banyan Gold - Drill Results Hitting Gold In Waste Areas, C$46.5Mil Financing Above Market

Banyan Gold's Powerline deposit drill results successfully converted waste areas into high-grade gold ore, potentially improving project economics and strip ratios. A C$46.5 million financing round strengthens Banyan's treasury to approximately C$75 million, removing near-term financing risk and providing geopolitical volatility protection. Accelerated development timeline includes expanded 70,000-meter drill program, updated resource estimate in Q2, and Preliminary Economic Assessment in second half of year.

Tara Christie of Banyan Gold Corp. talks to Ted Butler | Metals Investor Forum | February 2026

Banyan Gold CEO Tara Christie presents the AurMac Gold Project in Yukon's Mayo Mining District at the Metals Investor Forum. The project features a large, growing gold resource with strong infrastructure and proximity to existing mining operations. Ongoing drilling continues to expand the deposit as the company advances toward development of the AurMac project.

Tara Christie of Banyan Gold Corp. presents at Metals Investor Forum in Toronto | February 2026

Tara Christie, President and CEO of Banyan Gold Corp, presents the company's gold exploration projects at the Metals Investor Forum in Toronto. The forum highlights companies vetted by newsletter writers for having excellent management teams, strong financials, and promising mineral properties. Investors are offered exclusive access to directly engage with and assess the leadership of junior mining companies.

Tara Christie of Banyan Gold talks to Brien Lundin | Metals Investor Forum | January 2026

Banyan Gold CEO Tara Christie outlines strategy for expanding high-grade mineralization at the AurMac Gold Project in Yukon Territory. Company focused on growing its gold resource base through systematic exploration and advancing the project toward development milestones. Interview conducted at Metals Investor Forum, highlighting management quality as critical success factor for junior mining companies.

Tara Christie of Banyan Gold Corp. presents at Metals Investor Forum in Vancouver | January 2026

Tara Christie, CEO of Banyan Gold Corp, presents company updates at the Metals Investor Forum in Vancouver, highlighting Yukon exploration potential. Banyan Gold is positioned as a vetted junior mining company with strong management, financials, and promising gold properties for investor consideration. The forum provides retail investors direct access to management teams, enabling personal assessment of leadership quality in junior mining companies.

Banyan Gold - Multiple High-Grade Silver Drill Results At AurMac

• Top takeaway Frames 2026 as a big year for Banyan, arguing that a combined gold and silver drill budget is efficient because every silver-targeted hole also intersects gold
• Plans about 40,000 m of drilling in 2026 with four drills turning by March and the camp opening in February to take advantage of frozen ground
• Reports just under $38M cash on hand and signals willingness to push the drill program harder if results warrant
• Aims to bring silver into the MRE as a dedicated feature around hole 142, with the exact drill spacing still to be determined
• Notes the timing aligns with silver's breakout

Banyan Gold hit high-grade silver across three AurMac zones spanning roughly 3 km, potentially layering onto its 7.7 Moz gold resource. Near-surface, steeply dipping silver veins could allow Banyan to deliver a separate silver resource alongside its gold MRE. Backed by ~$38M in cash, Banyan plans ~40,000 m of 2026 drilling, opening camp in February with four rigs by March. Management views silver as a future co-product or standalone concentrate, with Hecla nearby mill offering a processing option.

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

• Top takeaway Calls the 8-hole release a 'technical success' because the new geological model from last year is correctly predicting where high-grade zones occur at Powerline and Airstrip
• Argues consistency of high-grade where projected is critical for the 7.7Moz resource, with the program still targeting 5Moz at +1 g/t for the PEA
• Sees potential for another east-west high-grade zone in the roughly 400m gap between Powerline and Airstrip and is weighing it against infill in starter pits
• Identifies an 800m-1km west step-out at Airstrip as a key 2026 expansion target alongside continued infill work aimed at improving economics of the next study
• Highlights upcoming Powerline silver-focused holes as a meaningful new part of the program, citing the consistent structural trend and silver market conditions

CEO Tara Christie describes the eight-hole release as a validation of Banyan's geological model and high-grade projections. Step-out drilling at Powerline (300 m) and Airstrip (~800 m) has extended mineralization past the current 7.7 Moz resource boundary. About 120 of the 178 holes from last year's 43,000-metre program are still pending — Christie expects continued drill news into 2026. A resource update is targeted for Q2 2026 and a PEA in H2 2026, framing the value proposition around the planned studies. Six pending silver-focused holes at Powerline point to a separate high-grade silver trend Banyan plans to follow up.