# Banyan Gold Advances AurMac Toward a PEA with Engagement of Leading Mining Consultants, Yukon, Canada Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/banyan-gold-advances-aurmac-toward-a-pea-with-engagement-of-leading-mining-consu--060a44e4-4454-4b5f-b6ed-05dc5519c14e Original source: https://money.tmx.com/en/quote/BYN/news/6735423946865228/banyan-gold-advances-aurmac-toward-a-pea-with-engagement-of-leading-mining-consu Publisher: tmx Original announcement: 2026-07-07T10:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Banyan Gold Corp. - Ticker: BYN - Exchange: TSX - Region: Yukon, Canada - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Resource update, Other - Extracted: 2026-09-15 14:39:10 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Banyan Gold has engaged leading consultants to conduct a Preliminary Economic Assessment \(PEA\) for the AurMac Project in Yukon, Canada, expected in Q4 2026. The study will utilize the updated May 2026 Mineral Resource Estimate, which includes a significant Indicated gold resource of 3.639 Moz. Reasoning: The announcement advances the AurMac project toward a PEA using a recent updated MRE, highlighting a large gold resource and strong infrastructure. - Positive factor: Large gold endowment - Positive factor: Strong local infrastructure - Positive factor: Engagement of leading consultants for PEA - Positive factor: Significant Indicated resource scale Facts used in scoring: 8 ## 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 MRE for AurMac and Hyland projects is prepared in accordance with NI 43-101 standards. Evidence · text > as defined by National Instrument 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: Marc Jutras, P.Eng., M.A.Sc., is named as the independent Qualified Person for the MRE. Evidence · text > prepared by Marc Jutras, P.Eng., M.A.Sc., Principal, Ginto Consulting Inc., who is an independent Qualified Person **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: The cut-off grade for the AurMac MRE is explicitly stated as 0.30 g/t gold. Evidence · text > Mineral Resources are reported at a cut-off grade of 0.30 g/t gold ## Extracted facts Stored fact records: 8. Some facts used in scoring do not have a stored record. ## Resource Estimates (8) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-gold-advances-aurmac-toward-a-pea-with-engagement-of-leading-mining-consu--060a44e4-4454-4b5f-b6ed-05dc5519c14e#fact-resource-facts-0) AurMac · gold #### Identity - Project: AurMac - Commodity: gold - Region: canada\_yt - Reported Region: Yukon, Canada - Ticker: BYN #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Marc Jutras - Resource group id: resource:43e8280165409f972b13 - Deposit or zone: Airstrip - Resource basis: gross #### 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 #### Prior Estimate - Resource Date: 2026-05-15 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-07-07T00:00:00.000Z Reasoning: Standard indicated resource component of the AurMac MRE. - Positive factor: Indicated category 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-gold-advances-aurmac-toward-a-pea-with-engagement-of-leading-mining-consu--060a44e4-4454-4b5f-b6ed-05dc5519c14e#fact-resource-facts-1) AurMac · gold #### Identity - Project: AurMac - Commodity: gold - Region: canada\_yt - Reported Region: Yukon, Canada - Ticker: BYN #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Marc Jutras - Resource group id: resource:044a8f877c999fc49183 - Deposit or zone: Powerline - Resource basis: gross #### 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 #### Prior Estimate - Resource Date: 2026-05-15 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-07-07T00:00:00.000Z Reasoning: Major component of the Indicated resource at AurMac. - Positive factor: Indicated category 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-gold-advances-aurmac-toward-a-pea-with-engagement-of-leading-mining-consu--060a44e4-4454-4b5f-b6ed-05dc5519c14e#fact-resource-facts-2) AurMac · gold #### Identity - Project: AurMac - Commodity: gold - Region: canada\_yt - Reported Region: Yukon, Canada - Ticker: BYN #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Marc Jutras - Resource group id: resource:b7d8b3729e742794192d - Deposit or zone: Airstrip - Resource basis: gross #### 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 #### Prior Estimate - Resource Date: 2026-05-15 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-07-07T00:00:00.000Z Reasoning: Inferred resource component. - Negative factor: Inferred category 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-gold-advances-aurmac-toward-a-pea-with-engagement-of-leading-mining-consu--060a44e4-4454-4b5f-b6ed-05dc5519c14e#fact-resource-facts-3) AurMac · gold #### Identity - Project: AurMac - Commodity: gold - Region: canada\_yt - Reported Region: Yukon, Canada - Ticker: BYN #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Marc Jutras - Resource group id: resource:90209fc257e428242f8b - Deposit or zone: Powerline - Resource basis: gross #### 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 #### Prior Estimate - Resource Date: 2026-05-15 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-07-07T00:00:00.000Z Reasoning: Large Inferred resource component. - Negative factor: Inferred category 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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/banyan-gold-advances-aurmac-toward-a-pea-with-engagement-of-leading-mining-consu--060a44e4-4454-4b5f-b6ed-05dc5519c14e#fact-resource-facts-4) Hyland Gold Project · gold #### Identity - Project: Hyland Gold Project - Commodity: gold - Region: canada\_yt - Reported Region: Yukon, Canada - Ticker: BYN #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:77da2306a3cf3134245f - Deposit or zone: Hyland Gold Project #### 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: No - Historical: No #### Dates - Event date: 2026-07-07T00:00:00.000Z Reasoning: Indicated resource for Hyland project. Evidence · text > 11.3 M tonnes at 0.93 g/t Au #### 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 **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-gold-advances-aurmac-toward-a-pea-with-engagement-of-leading-mining-consu--060a44e4-4454-4b5f-b6ed-05dc5519c14e#fact-resource-facts-5) Hyland Gold Project · silver #### Identity - Project: Hyland Gold Project - Commodity: silver - Region: canada\_yt - Reported Region: Yukon, Canada - Ticker: BYN #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:77da2306a3cf3134245f - Deposit or zone: Hyland Gold Project #### Resource Data - Category: indicated - Tonnes: 11300000 - Grade: 7.27 - Grade Unit: g/t - Contained Metal: 2.6 - Contained Unit: moz #### Prior Estimate - Resource Date: 2025-09-01 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-07-07T00:00:00.000Z Reasoning: Indicated silver resource for Hyland project. Evidence · text > 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 **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-gold-advances-aurmac-toward-a-pea-with-engagement-of-leading-mining-consu--060a44e4-4454-4b5f-b6ed-05dc5519c14e#fact-resource-facts-6) Hyland Gold Project · gold #### Identity - Project: Hyland Gold Project - Commodity: gold - Region: canada\_yt - Reported Region: Yukon, Canada - Ticker: BYN #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:e477727f0c57ff81e59f - Deposit or zone: Hyland Gold Project #### Resource Data - Category: inferred - Tonnes: 3900000 - Grade: 0.95 - Grade Unit: g/t - Contained Metal: 118000 - Contained Unit: koz #### Prior Estimate - Resource Date: 2025-09-01 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-07-07T00:00:00.000Z Reasoning: Inferred resource for Hyland project. - Negative factor: Inferred category Evidence · text > 3.9 M tonnes at 0.95 g/t Au #### 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 **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-gold-advances-aurmac-toward-a-pea-with-engagement-of-leading-mining-consu--060a44e4-4454-4b5f-b6ed-05dc5519c14e#fact-resource-facts-7) Hyland Gold Project · silver #### Identity - Project: Hyland Gold Project - Commodity: silver - Region: canada\_yt - Reported Region: Yukon, Canada - Ticker: BYN #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:e477727f0c57ff81e59f - Deposit or zone: Hyland Gold Project #### Resource Data - Category: inferred - Tonnes: 3900000 - Grade: 6.94 - Grade Unit: g/t - Contained Metal: 0.86 - Contained Unit: moz #### Prior Estimate - Resource Date: 2025-09-01 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-07-07T00:00:00.000Z Reasoning: Inferred silver resource for Hyland project. - Negative factor: Inferred category Evidence · text > 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 **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.