Banyan Gold's Hyland Project in the Yukon Geologically Similar to ATAC's Rackla Property

Banyan Gold (TSXV:BYN) was mentioned in Kitco News’ article, “Can Canada’s Yukon Gold Deposits Surpass Nevada’s Gold Fields?”, about the Yukon’s similarities to Nevada in terms of gold deposits. Banyan Gold’s flagship property is the 100%-owned Hyland Gold Project located in Tintina Gold Belt in the Yukon which has produced more than 32M ozs gold and has more than 60M ozs in Reserves & Resources.
As quoted in the press release:

While the potential for the Rackla belt appears to be limitless, the Carlin-type formation has also been found in other parts of the Yukon. ATAC’s property is located in the northern part of the Selwyn Basin and in the south, Banyan Gold’s (TSX.V: BYN) Hyland project is finding similar rock formations.
Mark Ayranto, executive chairman of Banyan, said that the company has found deposits that are geologically similar to ATAC’s property. He added that ATAC has done a lot of work in recognizing the Carlin-type mineralization, which has helped open the door to new possibilities throughout the territory.
“We’re applying the same models they are using and it appears to be working,” he said.
Ayranto described his company as the Yukon’s newest exploration company. He added that he sees these deposits as a “string of pearls” that could end up stretching through the territory; it is only a matter of finding the right path.

Click here for the full article.
Click here for the Banyan Gold (TSXV:BYN) profile.