Banyan Gold (TSXV:BYN) President & CEO, Richmond Graham, spoke to Resource Investing News at the Vancouver Resource Investment Conference about the Hyland Gold Property in Yukon, Canada. In 2014, the Company will be rolling out an exploration program to define the CUZ Zone and Montrose Ridge Zone, and focus on the main zone “which has a potential of a million ounces”.
Banyan Gold is a gold exploration and development company whose flagship property, the Hyland Gold Project (“Hyland”), is approximately 70 km NE of Watson Lake, Yukon, along the southeast end of the Tintina Gold Belt. The Main Zone gold Inferred Resource, at a 0.6 g/t gold equivalent (“AuEq”) cutoff, hosts a NI 43-101 compliant Resource of 12,503,994 tonnes containing 361,692 ounces gold at 0.9 g/t and 2,248,948 ounces silver at 5.59 g/t for a combined gold and silver 396,468 ounces gold equivalent. Based on the success of previous exploration and numerous untested drill ready targets Banyan Gold management foresees potential for a significant regional exploration at Hyland.