COMMUNIQUÉ DE PRESSE

par Banyan Gold Corp. (CVE:BYN)

Banyan Gold Intersects Multiple High-Grade Mineralization Occurrences in Powerline and Airstrip Deposits, AurMac, Yukon, Canada

VANCOUVER, BC / ACCESS Newswire / January 8, 2026 / Banyan Gold Corp. (the "Company" or "Banyan") (TSXV:BYN)(OTCQB:BYAGF) is pleased to announce it has intersected new high-grade domains and visible gold in the Powerline Deposit ("Powerline") and high-grade skarn mineralization in the Airstrip Deposit ("Airstrip"), at its AurMac Project ("AurMac"), Yukon, Canada.

Selected highlights demonstrate extension of Powerline Mineralization southwest of the currently defined resource and confirm grade and continuity within and between Powerline and Airstrip deposits:

  • AX-25-773 - 1.90 g/t over 31.2m within 1.10 g/t Au over 66.6m, including high-grade of 3.79 g/t Au over 7.6m, and 0.95 g/t Au over 29.6m, with high-grade intervals of 3.64 g/t au over 6.7m and 4.37 g/t Au over 5.2m;

  • AX-25-764 - 1.37 g/t Au over 30.8m within 0.88 g/t Au over 55.3m, including 2.70 g/t Au over 6.0m;

  • AX-25-766 - 1.26 g/t Au over 22.8m within 0.73 g/t Au over 50.3m;

  • AX-25-769 - 0.66 g/t Au over 27.1m, including, a high-grade interval of 8.08 g/t Au over 1.4m;

  • AX-25-770 - 0.96 g/t au over 16.3m, within 0.56 g/t Au over 45.3m, with high-grade intervals of 1.22 g/t Au over 4.3m and 2.32 g/t Au over 2.3m; and,

  • AX-25-803 - 2.02 g/t Au over 16.3m within 1.64 g/t Au over 22.3m, including high-grade of 5.60 g/t Au over 4.4m (Note: assays pending from top 100m of hole)

"These results affirm the success of 2025 drilling to strategically target extensions of high-grade mineralized domains at Powerline and the down-dip extensions of the high-grade skarn-style mineralization Airstrip," said Tara Christie, Banyan President and CEO. "In addition, results continue to demonstrate that the roughly 400 m gap between the two deposits is mineralized. These results also highlight the exploration potential with the deposits remaining open to expansion in various directions, demonstrated by the 300m step-out on the southwestern edge. We continue to look forward to the flow of results through February."

Figure 1: Plan map of selected drillholes in this release. Section lines denoted in white, Mineral Resource Estimate ("MRE") conceptual pit wall in black, outline of indicated resource in yellow.

Continued drilling at Airstrip indicates potential to extend high-grade mineralization hosted in calc-silicate altered skarn horizons down-dip (Cal 1 and Cal 2; Figure 2). Mineralization in Airstrip is consistently hosted in skarn zones with intense silicification, quartz veining, and semi-massive pyrrhotite replacement-style mineralization (Figures 3-6). The high-grade mineralization intersected in AX-25-773 (Cal 1 - 1.10 g/t Au over 66.6m; Cal 2 - 0.95 g/t Au over 29.6m) highlights the continuity of high-grade mineralization and potential at depth for the Airstrip deposit to extend down-dip.

Figure 2: Cross-section 466850 in Airstrip. Intersections in AX-25-770 and AX-25-773 indicate high-grade mineralization in Cal 1 and Cal 2 horizons is open down dip at depth, potentially extending outside of the southern conceptual pit wall for Airstrip.
Figure 3: Mineralized skarn and quartz vein zones in AX-25-770. Skarn mineralization is associated with silicification, carbonate alteration and large white quartz veins.
Figure 4: Mineralized skarn interval in Airstrip hole AX-25-770. Intense pyrrhotite replacement/overprint in silicified calcareous schist from 214.9 to 216.4 is typical of Airstrip mineralization.
Figure 5: Mineralized skarn horizons in AX-25-773 from the Airstrip deposit. Calcareous schist host rock has intense silicification and pyrrhotite mineralization overprint associated with calc-silicate skarn style alteration. High-grade intervals from 192.6-193.2m, 193.2-194.1m, and 199.7-200.2m grade 16.8 g/t Au, 13.0 g/t Au, and 12.1 g/t Au respectively.

High-grade mineralization in discordant sheeted quartz veins in AX-25-803 in the core of Powerline reinforces continuity and confidence in the new mineralized domain model for the Aurmac deposit (Figure 6). High-grade visible gold mineralization is associated with intergrowths of Bi-sulphosalts and accessory arsenopyrite (Figures 7 and 8). High vein density in AX-25-803 (figure 7) is associated with higher-grade Au mineralization throughout Powerline.

Figure 6: Cross-section (A-B in Figure 1) showing off-angle hole AX-25-803 intersection two high-grade gold domains in central Powerline. These intersections reinforce the continuity of high-grade in the core of the Powerline deposit with potential for extension below the conceptual pit floor. Assays for the top of hole AX-25-803 are still pending.
Figure 7: Discordant sheeted quartz veins in muscovite schist and calcareous chlorite sericite schist from AX-25-803 in central Powerline. Visible gold hosted in the quartz veins is associated and intergrown with Bi-sulphosalts.
Figure 8: Visible gold in AX-25-803 associated with discordant sheeted-quartz veins and Bi-sulphosalts, ±arsenopyrite; top left at 101.3m, top right at 112.2m, bottom left and right at 114.2m.

High vein density and Bi-sulphosalts are associated with gold mineralization in southwest Powerline in AX-25-764 (Figure 9 and 10). Potential down-dip extensions of mineralized domains intersected in AX-25-764 remain open at depth as previous drilling did not extend deep enough to test these domains. Step out drilling in AX-25-769 and AX-25-772 intersected local high-grade gold mineralization associated with coarse Bi-Sb-Sulphosalts and large discordant quartz vein, warranting further exploration.

Figure 9: Cross-section 466100E in southwest Powerline (Figure 1). High-grade intersections in AX-25-764 have potential to extend mineralized domains outside of the conceptual pit. Step-out drillholes AX-25-769 and 772 indicate potential down-dip extensions of mineralized domains.
Figure 10: High density of mineralized discordant sheeted quartz veins in silicified Hyland Group schist in drill holesAX-25-764 from southwest Powerline.

Table 1: Significant diamond drillhole assay intercepts for Powerline in this release

Hole ID

depth from (m)

depth to (m)

Au Interval (m)

Au Interval (g/t)

AX-25-764

29.0

70.2

41.2

0.28

including

60.2

61.1

0.9

1.50

and

93.6

96.3

2.7

0.67

and

119.4

120.0

0.6

0.36

and

124.1

125.1

1.0

0.72

and

153.0

157.0

4.0

0.52

and

164.5

165.9

1.4

0.76

and

188.0

197.5

9.5

0.33

including

196.5

197.5

1.0

1.48

and

214.5

269.8

55.3

0.88

including

220.4

221.1

0.7

4.17

and including

239.0

269.8

30.8

1.37

including

239.0

239.7

0.7

21.00

and including

252.6

258.6

6.0

2.70

including

257.2

258.6

1.4

6.38

and

290.8

300.8

10.0

0.34

and

320.0

320.9

0.9

0.62

AX-25-766*

26.3

79.0

52.7

0.32

and

101.2

105.7

4.5

0.38

and

120.0

140.1

20.1

0.30

including

125.5

126.6

1.1

1.29

and

149.1

153.1

4.0

0.56

including

151.8

153.1

1.3

1.39

and

159.7

160.4

0.7

0.34

and

179.6

229.9

50.3

0.73

including

195.1

217.9

22.8

1.26

including

203.8

204.5

0.7

10.30

and including

216.5

217.9

1.4

4.84

and

252.1

253.5

1.4

1.61

AX-25-767

36.5

38.0

1.5

0.33

and

72.1

175.1

103.0

0.34

including

82.5

84.0

1.5

2.57

and including

99.5

111.0

11.5

0.58

and including

130.5

137.6

7.1

0.95

and

195.3

196.3

1.0

2.30

AX-25-769

38.3

50.0

11.7

0.33

including

49.0

50.0

1.0

1.44

and

62.5

64.0

1.5

0.39

and

129.4

156.5

27.1

0.66

including

137.7

139.1

1.4

8.08

and

173.0

174.5

1.5

0.42

and

199.5

214.8

15.3

0.29

and

225.0

226.5

1.5

0.34

and

233.4

234.0

0.6

0.32

and

247.8

250.8

3.0

0.88

and

261.5

265.4

3.9

0.30

and

274.0

275.5

1.5

0.86

and

284.5

286.1

1.6

0.73

AX-25-770

96.5

103.3

6.8

0.32

including

102.4

103.3

0.9

1.24

and

106.4

107.3

0.9

0.32

and

109.8

110.6

0.8

0.56

and

114.8

116.8

2.0

0.42

and

141.6

186.9

45.3

0.56

including

145.6

161.9

16.3

0.96

including

149.1

153.4

4.3

1.22

and including

172.7

175.0

2.3

2.32

including

174.6

175.0

0.4

10.60

and

212.9

218.2

5.3

5.46

including

212.9

216.4

3.5

8.22

including

214.9

216.4

1.5

15.73

AX-25-772

39.5

47.5

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