Banyan Gold Begins Drilling at Hyland, Granted Funding by the Yukon Government

Banyan Gold (TSXV:BYN) has commenced the first phase of its 2015 exploration program on its Hyland Gold Property in the Yukon, Canada. The first phase includes up to 800m of drilling at the Camp Zone, as well as trenching and access development at Montrose Ridge. Banyan Gold also reported that the Yukon Government will be funding up to approximately $40,000 of the phase 1 of the 2015 Hyland exploration program thru the Yukon Mineral Exploration Program.
As quoted in the press release:

The phase 1 2015 Hyland mineral exploration program contemplates up to 800m of drilling at the Camp Zone (an under-tested mineralized target within the QLC), trenching and access development at Montrose Ridge and systematic targeting of first order Arseinc+Gold-in-soils anomaliesfurther south along the Quartz Lake Lineament to identify additional high-priority targets for drill testing.
Importantly, as previously announced (see News Release April 16, 2015) Banyan has completed prepositioning fuel, supplies, and exploration equipment including a D-6 Cat, PCS200 Excavator and a KD1000 Diamond Drill. The Heavy equipment will also be utilized for drill site preparation as well as trenching of additional target areas without the need for costly helicopter support. A phase 2 exploration program will be contingent on results and improved market conditions.

Click here for the full Banyan Gold (TSXV:BYN) press release.
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