A resource update for Banyan Gold’s (TSXV: BYN) Hyland project in southeast Yukon helps the company maintain its third place ranking among the largest projects in the territory by contained gold.
The update outlines 11.3 million indicated tonnes grading 0.93 gram gold per tonne and 7.27 grams silver for 337,000 contained gold ounces and 2.63 million oz. silver, according to a release on Monday. There are also 3.9 million inferred tonnes at 0.95 gram gold and 6.94 grams silver for 118,000 oz. gold and 860,000 oz. silver. Hyland is about 450 km southeast of Whitehorse.
“The updated, pit-constrained mineral resource demonstrates the potential of the Hyland project as a gold and silver project,” Banyan President and CEO Tara Christie said in a release. “With additional work, there is potential to delineate additional mineral resources in the main zone, as well as define new resources in other portions…
