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    Banyan Gold Trenches Six M of 4.4 g/t Au at Hyland

    Matthew Spizziri
    Sep. 17, 2015 07:38AM PST
    Gold Investing
    TSXV:BYN

    Banyan Gold Corp. (TSXV:BYN) announced the results from the 2015 exploration program at the Hyland gold project, highlights include Drillhole HY-15-45 with results of 31.08m of 0.4 g/t Au from 2.45 to 33.53m.

    Banyan Gold Corp. (TSXV:BYN) announced the results from the 2015 exploration program at the Hyland gold project, highlights include Drillhole HY-15-45 with results of  31.08m of 0.4 g/t Au from 2.45 to 33.53m.
    As quoted in the press release:

    Drill Results
    The 2015 Hyland drill program was designed to drill test a deep-seated, carbonate-replacement style and listric fault related gold mineralization model theorized to exist on the Hyland Gold Project. Drilling was successful in:
    Interception of a mineralized lower limestone unit of the Hyland Group Formation metasedimentary package.
    Penetration through a fault zone within the north-south oriented Quartz Lake Corridor which is interpreted to represent a large-scale, structural control to gold mineralization.
    The Hyland Gold Project 2015 Mineral exploration program was completed during August 2015 and consisted of 739.85 metres of HQ and ND diamond drilling over three (3) drillholes within the mineralized Camp Zone.
    Highlights from the drill program of the 2015 Hyland Exploration program include:

    • Drillhole HY-15-45: 31.08m of 0.4 g/t Au from 2.45 to 33.53m – including 13.43m of 0.62 g/t Au from 2.45 to 15.88m. Elevated base metals were encountered at depth in this hole, beneath the fault zone as well, including a 870 ppm Cu complete with an overlimits (>200 g/t) Ag, 1.14m interval.
    • Drillhole HY-15-46: 76.34m of 0.32 g/t Au from 75.56 to 151.90m – including 20.95m of 0.41 g/t Au from 73.88 to 94.83m and 35.9m of 0.36 g/t Au from 116 to 151.9m.
    • Drillhole HY-15-47: 88.7m of 0.24 g/t Au from 35.52 to 135.22m which includes intervals of 29.82m of 0.33 g/t Au from 45.52 to 75.34m and 23.68m of 0.37 g/t Au from 110.54 to 134.22m. This hole, and HY-15-46, illustrates a consistently and pervasively gold mineralized interval complete with elevated base metals at depth. Hole HY-15-47 intercepted an anomalously high interval of 2000 ppm* Pb from 94.7 to 127.43m.

    *2000ppm requires further definition as 3 of the intervals (5.23 m of the interval) returned >10,000ppm Pb and will require overlimits analyses to more accurately define the grades. Overlimits Zinc assays were returned from these intervals as well.
    Trench Results
    The Montrose Ridge target has been discovered and tested by Banyan previously and this season’s discovery confirms the existence of a District-Scale mineralizing system at work at Hyland. Montrose Trench highlights include 6m of 4.4 g/t Au from 0-6m in Trench MT-15-01 including 2m of 13.1 g/t Au from 4-6m. Trench MT-15-01 also returned 24 m of 0.47 g/t Au from 18 to 42m, including 6m of 1.3 g/t Au from 36-42m. Trench MT-15-01 was 42 m long, however only 30m were sampled due to overburden conditions from 6m to 18m. Of the 193 samples collected and analyzed as part of the 2015 trench program, assays ranged from trace to 13.1 g/t Au and averaged 0.19 g/t Au. Selected chip and channel samples from the other trenches completed included 2.25 g/t Au, 1.35 g/t Au, 2.9 g/t Au and 1.3 g/t Au.
    The 2015 Montrose Ridge trenches were designed to cross-cut interpreted strike of the controlling structures as closely as possible. In all cases the trenches remain open in all directions with potential for hosting gold-mineralized structures. In total approximately 380m of strike extent of the Montrose Ridge zone was tested in the 2015 program. A soil-geochemical XRF study was conducted co-incident with the trench program and a striking bismuth-gold relationship was established from this study, and subsequently validated through chemical analyses. The 2015 XRF study also helped to fine-tune final trench locations, and provided valuable elemental relationships which will be applied to all exploration efforts going forward.
    This, the first detailed rock sampling program at Montrose established a lack of a silver association with the Montrose Ridge gold mineralization. This is similar to the Cuz Zone, 2.5 km to the South of Montrose and fits with management’s interpretation that both Cuz and Montrose represent a separate mineralized system from the Hyland Main Zone system, where an approximate 1:4 gold-silver ratio exits. This definition of repeated, multi-phased gold mineralization events on the Hyland Project further builds out the District-Scale gold system Banyan is working to demonstrate.

    Banyan Gold  Chairman, Mark Ayranto, stated:

    Banyan’s technical team continues to add value through discovery and step out drilling demonstrating solid potential for resource expansion at the Hyland Gold Project. Banyan had postulated, and now confirmed, carbonate replacement style mineralization exists on the Project through the discovery of previously unrecognized lead, zinc and copper mineralization at Hyland. Moreover, the 2015 discovery at Montrose Ridge substantively adds to the Hyland Gold District Scale concept and importantly validates Banyan’s exploration concepts as credible and the program was very effectively executed.

    Connect with Banyan Gold Corp. (TSXV:BYN) to receive an Investor Kit.

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