REPORTS GOLD RECOVERIES OF 83.3% AT HYLAND GOLD PROJECT, YUKON
Banyan Gold Corp. (BYN.V) has provided oxide recovery results from detailed metallurgical test work completed as part of the 2017 Hyland gold project Main zone exploration program.
Banyan engaged Kappes Cassidy & Associates of Reno, NV ('KCA') to conduct detailed metallurgical test work on samples collected from dedicated metallurgical drill holes; HY17-073 and HY17-074. Initial test work included 96-hour bottle roll tests on 3 composite oxide and 3 composite sulphide samples. Gold recoveries averaged 83.3% on the three oxide samples at a P80 0.15mm crush size.
"Recoveries exceeded our expectations", said Tara Christie, President and CEO. "Recovery test work will continue with additional work that includes column leach tests".
Banyan will be giving a technical presentation on the "Hyland Gold Project" at the GAC Cordilleran Section "Exploration Series" at 8:20 am on Tuesday January 9th, 2018 at the Discovery Center, Geological Survey of Canada 1500-605 Robson Street. Project Geologist Leif Bjornson, M.Sc., P.Geo. will be presenting.
Banyan will also have a booth at the Vancouver Resource Investment Conference on January 21-22, 2018 (Booth 312) and at the Core Shack at the AMEBC Roundup on January 23-24, 2018 (Booth 720).
The technical information in this news release has been reviewed and approved by Paul D. Gray, P. Geo., a Qualified Person as defined by NI 43-101.
Chain of custody
Three oxide samples from diamond drill holes HY17-073 and HY17-074 from the 2017 Hyland Gold Project exploration program were sent for metallurgical testing by Kappes Cassidy & Associates of Reno, NV ('KCA'). Drill core samples were collected and sealed in poly bags at Banyan's core processing facilities at the Hyland Gold Project. All these samples were delivered by Banyan personnel or a dedicated expediter and shipped directly to KCA in Reno, NV.
About Banyan Gold
Banyan is a growth stage gold exploration company whose flagship property, the Hyland Gold Project, is approximately 70km NE of Watson Lake, Yukon, along the southeast end of the Tintina Gold Belt.
The Hyland Main Zone Inferred Gold Resource Estimate, prepared in accordance with NI 43-101, at a 0.6g/t gold equivalent cutoff, contains 12,503,994 tonnes with 361,692 ounces gold at 0.9g/t and 2,248,948 ounces silver at 5.59g/t for a combined gold and silver 396,468 ounces gold equivalent at 0.99 g/t.
The 9,230 ha Aurex-McQuesten Property, in close proximity to Victoria Gold's Eagle Project and Alexco Resource's Keno Hill Silver District, is highly perspective for structurally controlled, intrusion related gold-silver mineralization in relation to quartz monzonite dykes of the Tombstone intrusive suite.