# Banyan Expands Indicated and Inferred Mineral Resource Estimate and Improves Grade at AurMac Deposit, Yukon, Canada

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77

Original source: https://money.tmx.com/en/quote/BYN/news/7911494290176083/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra

Publisher: tmx

Original announcement: 2026-05-19T16:17:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Banyan Gold Corp.

- Ticker: BYN

- Exchange: TSX

- Region: Yukon Territory, Canada

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Resource update

- Extracted: 2026-09-15 14:52:05 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Banyan Gold Corp. announced an updated Mineral Resource Estimate for its AurMac Project in Yukon, Canada, reporting a significant increase in Indicated resources. The new MRE includes 3.64 million ounces of gold in the Indicated category \(167.3 Mt at 0.68 g/t Au\) and 4.98 million ounces of gold in the Inferred category \(267.2 Mt at 0.58 g/t Au\). This update represents a 60% increase in Indicated contained ounces and an 8% increase in Indicated grade compared to the previous estimate, with overall project contained ounces growing by approximately 12%.

Reasoning: Banyan Gold has significantly expanded its Indicated Mineral Resource at the AurMac Project, with a 60% increase in contained gold ounces and an 8% increase in grade, which is a strong de-risking signal. While the Inferred category saw a slight decrease in contained ounces, the overall project contained gold ounces grew by 12%, demonstrating continued growth and confidence in the deposit. The MRE is compliant with NI 43-101 and signed off by a Qualified Person, supporting its credibility. The identification of higher-grade zones and the open nature of the deposit further enhance its potential.

- Positive factor: Significant increase in Indicated Mineral Resource contained ounces \(60%\) and grade \(8%\) for the AurMac Project.

- Positive factor: Overall project contained gold ounces increased by approximately 12% \(Indicated + Inferred\).

- Positive factor: The MRE is NI 43-101 compliant and signed off by an independent Qualified Person.

- Positive factor: The resource remains open in all directions, indicating further growth potential.

- Positive factor: High-grade zones identified at a 0.55 g/t Au cut-off, highlighting potential for higher-grade mining scenarios.

- Negative factor: Inferred Mineral Resource contained ounces and tonnage decreased compared to the prior estimate, though overall project ounces increased.

Facts used in scoring: 18

## Classification and evidence

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The Mineral Resource Estimate was prepared in accordance with the National Instrument 43-101, Standards of Disclosure for Mineral Projects.

Evidence · text

> prepared in accordance with the National Instrument 43-101, Standards of Disclosure for Mineral Projects \(" NI-43-101 "\)

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The MRE was prepared by Marc Jutras, P.Eng., M.A.Sc., Principal, Ginto Consulting Inc., who is an independent Qualified Person as defined by NI 43-101, and Duncan Mackay, M.Sc., P.Geo., also a Qualified Person, reviewed and approved the content.

Evidence · text

> The updated Mineral Resource Estimate for the AurMac Project was prepared by Marc Jutras, P.Eng., M.A.Sc., Principal, Ginto Consulting Inc., an independent " Qualified Person " within the meaning of NI 43-101 , who has reviewed and approved the contents of this release and has verified the data disclosed as it relates to the MRE. Duncan Mackay, M.Sc., P.Geo., is a " Qualified Person" as ‎defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects \(" NI 43-101 "\), and has reviewed and approved the content of this news release in respect of all disclosure other than the MRE.

**Category Upgrade**

Polarity: positive

Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: Indicated Mineral Resource grows 60% in contained ounces, with an Indicated grade increase of 8%, indicating a significant upgrade in confidence.

Evidence · text

> Indicated Mineral Resource grows 60% in contained ounces , with an Indicated grade increase of 8%

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: The Indicated Mineral Resource tonnage increased from 112.5 Mt to 167.3 Mt, a significant increase.

Evidence · text

> Indicated 3.64 million \(" M "\) ‎ ounces \(" oz "\) of gold \(" Au "\) \(167.3 M tonnes at 0.68 g/t Au \)

**Grade Improvement**

Polarity: positive

Definition: Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: The Indicated grade increased by 8% from 0.629 g/t to 0.677 g/t.

Evidence · text

> Indicated grade increase of 8%

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: The Indicated contained gold ounces increased by 60% from 2.274 M oz to 3.639 M oz.

Evidence · text

> Indicated Mineral Resource grows 60% in contained ounces

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: Mineral Resources are reported at a cut-off grade of 0.30 g/t gold for all deposits, and sensitivities are provided at 0.55 g/t Au cut-off.

Evidence · text

> Mineral Resources are reported at a cut-off grade of 0.30 g/t gold for all deposits

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: A significant portion of the resource \(4.98 M oz\) is in the Inferred category, which is a speculative category with limited geological confidence.

Evidence · text

> Inferred 4.98 M oz of gold \(267.2 M tonnes at 0.58 g/t Au \)

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: The Inferred contained gold ounces decreased from 5.453 M oz to 4.985 M oz.

Evidence · table

> 5,453,428

Context: 280,597,695

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: The Inferred tonnage decreased from 280.6 Mt to 267.2 Mt.

Evidence · table

> 280,597,695

Context: 280,597,695

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: The Inferred grade decreased from 0.604 g/t to 0.580 g/t.

Evidence · table

> 0.604

Context: 280,597,695

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document announces an updated Mineral Resource Estimate for the AurMac Project, building on a previous 2025 MRE.

Evidence · text

> Banyan Expands Indicated and Inferred Mineral Resource Estimate and Improves Grade at AurMac Deposit, Yukon, Canada

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: This MRE will support the upcoming Preliminary Economic Assessment \(PEA\) expected in the second half of 2026.

Evidence · text

> This MRE will support the upcoming Preliminary Economic Assessment \(" PEA "; expected second half of 2026\)

## Extracted facts

Stored fact records: 18. Some facts used in scoring do not have a stored record.

## Resource Estimates (18)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-0)

AurMac Project · gold

#### Identity

- Project: AurMac Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:b2b12e3dbc4809b20463
- Deposit or zone: Airstrip

#### Resource Data

- Category: indicated
- Tonnes: 37700000
- Grade: 0.69
- Grade Unit: g/t
- Contained Metal: 0.84
- Contained Unit: m oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-05-15

#### Lab

- Laboratory: Bureau Veritas

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: The Airstrip deposit contributes significantly to the overall Indicated resource with a good grade and contained ounces, reflecting positive progress.

- Positive factor: Contained gold ounces for Airstrip Indicated resource are substantial.

- Positive factor: Grade is moderate for an open-pit gold deposit.

Evidence · table

> 0.69

Context: 37.7

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-1)

AurMac Project · gold

#### Identity

- Project: AurMac Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:72da1b1020fabbca5f8e
- Deposit or zone: Powerline

#### Resource Data

- Category: indicated
- Tonnes: 129500000
- Grade: 0.67
- Grade Unit: g/t
- Contained Metal: 2.799
- Contained Unit: m oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-05-15

#### Lab

- Laboratory: Bureau Veritas

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: The Powerline deposit is a major contributor to the Indicated resource, showing substantial growth and improved grade, which is highly positive for the project.

- Positive factor: Powerline deposit shows strong contained gold ounces in the Indicated category.

- Positive factor: Grade is moderate for an open-pit gold deposit.

- Positive factor: Significant increase in contained ounces \(68%\) and grade \(10%\) for Powerline Indicated resource.

Evidence · table

> 0.67

Context: 129.5

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-2)

AurMac Project · gold

#### Identity

- Project: AurMac Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:5bf1b6033815260fae29
- Deposit or zone: Combined

#### Resource Data

- Category: indicated
- Tonnes: 167300000
- Grade: 0.68
- Grade Unit: g/t
- Contained Metal: 3.639
- Contained Unit: m oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-05-15
- Prior Tonnes: 112517343
- Prior Grade: 0.629
- Prior Contained Metal: 2274397
- Prior Cutoff Grade: 0.3

#### Lab

- Laboratory: Bureau Veritas

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: The combined Indicated resource demonstrates substantial growth and improved grade, indicating a de-risked and more valuable project for future economic assessments.

- Positive factor: Overall Indicated resource shows significant growth in contained ounces \(60%\) and improved grade \(8%\).

- Positive factor: High confidence category for future economic studies.

Evidence · table

> 0.68

Context: 167.3

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 167300000 against 112517343 previously

**Grade Improvement**

Polarity: positive

Definition: Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: 0.68 against 0.629 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 3.639 against 2274397 previously

**Dilutive Growth**

Polarity: negative

Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 3.639 from 2274397

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-3)

AurMac Project · gold

#### Identity

- Project: AurMac Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:74515eba4db366a82436
- Deposit or zone: Airstrip

#### Resource Data

- Category: inferred
- Tonnes: 15100000
- Grade: 0.84
- Grade Unit: g/t
- Contained Metal: 0.405
- Contained Unit: m oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-05-15

#### Lab

- Laboratory: Bureau Veritas

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: The Airstrip Inferred resource demonstrates significant growth and improved grade, indicating strong exploration potential.

- Positive factor: Airstrip Inferred resource shows a 65% increase in contained ounces and 11% increase in grade.

- Positive factor: Grade is good for an open-pit gold deposit.

Evidence · table

> 0.84

Context: 15.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-4)

AurMac Project · gold

#### Identity

- Project: AurMac Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:8bd98fcc2fc599ae5001
- Deposit or zone: Powerline

#### Resource Data

- Category: inferred
- Tonnes: 252100000
- Grade: 0.57
- Grade Unit: g/t
- Contained Metal: 4.58
- Contained Unit: m oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-05-15

#### Lab

- Laboratory: Bureau Veritas

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: The Powerline Inferred resource adds substantial ounces to the project, indicating good exploration potential, though the grade is slightly lower than Airstrip.

- Positive factor: Powerline Inferred resource contributes significantly to the overall resource base.

- Positive factor: Grade is moderate for an open-pit gold deposit.

Evidence · table

> 0.57

Context: 252.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-5)

AurMac Project · gold

#### Identity

- Project: AurMac Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:5f4022dc3c1ec0da928f
- Deposit or zone: Combined

#### Resource Data

- Category: inferred
- Tonnes: 267200000
- Grade: 0.58
- Grade Unit: g/t
- Contained Metal: 4.985
- Contained Unit: m oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-05-15
- Prior Tonnes: 280597695
- Prior Grade: 0.604
- Prior Contained Metal: 5453428
- Prior Cutoff Grade: 0.3

#### Lab

- Laboratory: Bureau Veritas

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: While the Inferred resource contributes to the overall project, the decrease in contained ounces and grade compared to the previous estimate is a minor negative, though the company highlights overall project growth.

- Positive factor: The combined Inferred resource adds substantial ounces to the project's overall potential.

- Negative factor: Contained ounces and tonnage for the Inferred category decreased compared to the prior estimate.

- Negative factor: Grade for the Inferred category decreased compared to the prior estimate.

Evidence · table

> 0.58

Context: 267.2

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Decline**

Polarity: negative

Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 267200000 against 280597695 previously

**Contained Metal Decline**

Polarity: negative

Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 4.985 against 5453428 previously

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-6)

AurMac Project · gold

#### Identity

- Project: AurMac Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:a2852e30ad34944cc10e
- Deposit or zone: Airstrip

#### Resource Data

- Category: indicated
- Tonnes: 17100000
- Grade: 1.04
- Grade Unit: g/t
- Contained Metal: 0.572
- Contained Unit: m oz
- Cutoff Grade: 0.55
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-05-15

#### Lab

- Laboratory: Bureau Veritas

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: The Airstrip deposit shows a significant high-grade component within the Indicated category, which could positively impact project economics.

- Positive factor: High-grade Indicated resource at a higher cut-off, indicating potential for selective mining.

- Positive factor: Grade is strong for an open-pit gold deposit.

Evidence · table

> 1.04

Context: 17.1

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-7)

AurMac Project · gold

#### Identity

- Project: AurMac Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:134f3218475b65580d54
- Deposit or zone: Powerline

#### Resource Data

- Category: indicated
- Tonnes: 58800000
- Grade: 0.99
- Grade Unit: g/t
- Contained Metal: 1.876
- Contained Unit: m oz
- Cutoff Grade: 0.55
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-05-15

#### Lab

- Laboratory: Bureau Veritas

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: The Powerline deposit also demonstrates a significant high-grade component within the Indicated category, contributing to overall project value.

- Positive factor: High-grade Indicated resource at a higher cut-off, indicating potential for selective mining.

- Positive factor: Grade is strong for an open-pit gold deposit.

Evidence · table

> 0.99

Context: 58.8

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-8)

AurMac Project · gold

#### Identity

- Project: AurMac Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:4c9225fb812d7360d71e
- Deposit or zone: Combined

#### Resource Data

- Category: indicated
- Tonnes: 75900000
- Grade: 1
- Grade Unit: g/t
- Contained Metal: 2.449
- Contained Unit: m oz
- Cutoff Grade: 0.55
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-05-15

#### Lab

- Laboratory: Bureau Veritas

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: The combined high-grade Indicated resource demonstrates the potential for robust project economics under a higher cut-off scenario.

- Positive factor: Combined Indicated resource at a higher cut-off shows a strong grade and contained ounces.

- Positive factor: Highlights the potential for a higher-grade mining scenario.

Evidence · table

> 1.00

Context: 75.9

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-9)

AurMac Project · gold

#### Identity

- Project: AurMac Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:c186c51ec31d59f3c34e
- Deposit or zone: Airstrip

#### Resource Data

- Category: inferred
- Tonnes: 7000000
- Grade: 1.33
- Grade Unit: g/t
- Contained Metal: 0.3
- Contained Unit: m oz
- Cutoff Grade: 0.55
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-05-15

#### Lab

- Laboratory: Bureau Veritas

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: The Airstrip Inferred resource at a higher cut-off demonstrates good potential for future resource conversion and higher-grade mining.

- Positive factor: High-grade Inferred resource at a higher cut-off, indicating strong exploration potential for higher-grade zones.

- Positive factor: Grade is strong for an open-pit gold deposit.

Evidence · table

> 1.33

Context: 7.0

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-10)

AurMac Project · gold

#### Identity

- Project: AurMac Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:9b27e2f76da28dcbe319
- Deposit or zone: Powerline

#### Resource Data

- Category: inferred
- Tonnes: 81100000
- Grade: 0.928
- Grade Unit: g/t
- Contained Metal: 2.418
- Contained Unit: m oz
- Cutoff Grade: 0.55
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-05-15

#### Lab

- Laboratory: Bureau Veritas

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: The Powerline Inferred resource at a higher cut-off also shows good potential for future resource conversion and higher-grade mining.

- Positive factor: High-grade Inferred resource at a higher cut-off, indicating strong exploration potential for higher-grade zones.

- Positive factor: Grade is strong for an open-pit gold deposit.

Evidence · table

> 0.928

Context: 81.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-11)

AurMac Project · gold

#### Identity

- Project: AurMac Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:def58bc582a710d9e391
- Deposit or zone: Combined

#### Resource Data

- Category: inferred
- Tonnes: 88100000
- Grade: 0.96
- Grade Unit: g/t
- Contained Metal: 2.718
- Contained Unit: m oz
- Cutoff Grade: 0.55
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-05-15

#### Lab

- Laboratory: Bureau Veritas

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: The combined high-grade Inferred resource provides further upside potential for the project, supporting future resource conversion efforts.

- Positive factor: Combined Inferred resource at a higher cut-off shows good grade and contained ounces.

- Positive factor: Highlights the potential for a higher-grade mining scenario in the Inferred category.

Evidence · table

> 0.96

Context: 88.1

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-12)

AurMac Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: AurMac Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:2acc83b89a865c5023cd
- Deposit or zone: Combined

#### Resource Data

- Category: indicated
- Tonnes: 112517343
- Grade: 0.629
- Grade Unit: g/t
- Contained Metal: 2274397
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-28

#### Lab

- Laboratory: Bureau Veritas

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-28T00:00:00.000Z

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: This is a historical estimate provided for comparison, showing the previous Indicated resource for the project.

Evidence · table

> 0.629

Context: 112,517,343

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-13)

AurMac Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: AurMac Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:758560723def65c49d17
- Deposit or zone: Combined

#### Resource Data

- Category: inferred
- Tonnes: 280597695
- Grade: 0.604
- Grade Unit: g/t
- Contained Metal: 5453428
- Contained Unit: oz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-28

#### Lab

- Laboratory: Bureau Veritas

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-06-28T00:00:00.000Z

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: This is a historical estimate provided for comparison, showing the previous Inferred resource for the project.

Evidence · table

> 0.604

Context: 280,597,695

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-14)

Hyland Gold Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Hyland Gold Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:dfecc3cf437056fd6dfd

#### Resource Data

- Category: indicated
- Tonnes: 11300000
- Grade: 0.93
- Grade Unit: g/t
- Contained Metal: 337000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-09-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-10-27T00:00:00.000Z

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: This is a historical Indicated resource estimate for a secondary project, not the focus of the current announcement.

Evidence · text

> 337 thousand \(" K "\) ‎ounces \(" oz "\) of gold \(" Au "\) and 2.63 million \(" M "\) oz of silver \(" Ag "\) \(11.3 M tonnes at 0.93 g/t Au and 7.27 g/t Ag\)

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-15)

Hyland Gold Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Hyland Gold Project
- Commodity: silver
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:dfecc3cf437056fd6dfd

#### Resource Data

- Category: indicated
- Tonnes: 11300000
- Grade: 7.27
- Grade Unit: g/t
- Contained Metal: 2.63
- Contained Unit: m oz

#### Prior Estimate

- Resource Date: 2025-09-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-10-27T00:00:00.000Z

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: This is a historical Indicated resource estimate for a secondary project, not the focus of the current announcement.

Evidence · text

> 337 thousand \(" K "\) ‎ounces \(" oz "\) of gold \(" Au "\) and 2.63 million \(" M "\) oz of silver \(" Ag "\) \(11.3 M tonnes at 0.93 g/t Au and 7.27 g/t Ag\)

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-16)

Hyland Gold Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Hyland Gold Project
- Commodity: gold
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:e43a054818627f55608d

#### Resource Data

- Category: inferred
- Tonnes: 3900000
- Grade: 0.95
- Grade Unit: g/t
- Contained Metal: 118
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2025-09-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-10-27T00:00:00.000Z

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: This is a historical Inferred resource estimate for a secondary project, not the focus of the current announcement.

Evidence · text

> Inferred Mineral Resource of 118 Koz of Au and 0.86 Moz Ag \(3.9 M tonnes at 0.95 g/t Au and 6.94 g/t Ag\)

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-expands-indicated-and-inferred-mineral-resource-estimate-and-improves-gra--792763d4-5c05-42af-8b6f-7c823a23ef77#fact-resource-facts-17)

Hyland Gold Project · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Hyland Gold Project
- Commodity: silver
- Region: canada\_yt
- Reported Region: Yukon Territory, Canada
- Ticker: BYN

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Marc Jutras, P.Eng., M.A.Sc., Duncan Mackay, M.Sc., P.Geo.
- Resource group id: resource:e43a054818627f55608d

#### Resource Data

- Category: inferred
- Tonnes: 3900000
- Grade: 6.94
- Grade Unit: g/t
- Contained Metal: 0.86
- Contained Unit: m oz

#### Prior Estimate

- Resource Date: 2025-09-01

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-10-27T00:00:00.000Z

#### Dates

- Event date: 2026-05-19T00:00:00.000Z

Reasoning: This is a historical Inferred resource estimate for a secondary project, not the focus of the current announcement.

Evidence · text

> Inferred Mineral Resource of 118 Koz of Au and 0.86 Moz Ag \(3.9 M tonnes at 0.95 g/t Au and 6.94 g/t Ag\)

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.