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Banyan Gold has 1.1 million gold oz inferred and is near two operating mines

Kitco News

SPONSOR POST - Banyan Gold (CVE:BYN) runs projects in the Yukon with district-scale mineralization.

The company currently sits on over 1.1 million ounces of gold in the inferred category and 200,000 in the indicated.

The executive teams know how to run projects and develop mines. Community relations are key. Banyan CEO Tara Christie has deep roots in the Yukon, with 20 plus years in mining, exploration, permitting, and community relations. She also has complementary experience in the Yukon's other key industry: placer mining. 

Mining in the Yukon has got a shot in the arm from a recently opened mine and another about to open. Banyan Gold (CVE:BYN) is located adjacent to Victoria Gold Mine and the soon to open Keno Hill Mine, said Christie.

The two miners, Alexco Resource and Victoria Gold, are invested in Banyan's success.

"We've got two cash-flowing partners that are going to be right beside us. They're also our two largest shareholders," said Christie.

Banyan's primary asset is AurMac, with an initial resource of 903,945 oz.

Catalysts to move the stock over the next 12 months are an active exploration program.

"I think you'll be able to see us deliver some significant results with expanding Airstrip Zone," said Christie, commenting on a planned target at the Aurex-McQuesten project.

"[We] now have a very significant land package and lots of exploration targets beyond our three primary target areas. So that should generate lots of excitement and value for our shareholders."

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.