Banyan Gold Confirms New Gold-Silver Discovery at Seattle Creek with 5.70 g/t Au and 544 g/t Ag over 0.5m, Nitra Project, Yukon

Original announcement by tmx on

Company
Banyan Gold Corp
Ticker
BYN
Exchange
TSX
Region
Yukon
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results
Extracted
2026-09-15 14:32:09 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Banyan Gold has confirmed a new high-grade gold-silver discovery at the Seattle Creek zone within its Nitra Project in the Yukon. Drillhole NT-26-006 returned an intercept of 0.5m at 5.70 g/t Au and 544 g/t Ag, with visible gold and associated sulphides observed in the core.

Reasoning: First drillhole at Seattle Creek confirms high-grade gold (5.7 g/t) and silver (544 g/t) in a greenfield setting, though only a fraction of the hole has been assayed.

Positive factors

  • high-grade gold and silver intercept
  • visible gold confirmed
  • greenfield discovery

Negative factors

  • only top 95m assayed
  • deleterious elements (arsenic, bismuth) noted

Facts used in scoring: 8

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 5.70 g/t Au and 544 g/t Ag over 0.5m is exceptionally high grade.

Evidence · text

“5.70 g/t Au and 544 g/t Ag over 0.5m”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release details certified labs (Bureau Veritas, AGAT) and QA/QC methods (standards, blanks, duplicates).

Evidence · text

“consisting of the insertion of certified reference materials, field duplicates and coarse blanks”

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: Presence of bismuth sulphosalts and arsenopyrite noted in the mineralization.

Evidence · text

“associated bismuth sulphosalts and arsenopyrite”

Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

Drill Results (8)

NT-26-006Nitra · goldGrade: 0.49Grade Unit: g/tIntercept: 27.7 mView all details
Link to this fact

Identity

Hole ID
NT-26-006
Project
Nitra
Commodity
gold
Region
canada_yt
Reported Region
canada_yt
Ticker
BYN

Geometry

Grade
0.49
Grade Unit
g/t
Intercept
27.7 m
From
26.1 m
To
53.8 m
Intercept Depth
26.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
NT-26-006:26.1-53.8
Mining Method
unknown

Location

Loc. Confidence
high

QA/QC

Laboratory
Bureau Veritas and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, bismuth

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: Low grade intercept representing the broader mineralized zone.

Evidence · table

“0.49”

Context: 27.7

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Seattle Creek is located on claims 100% owned by Banyan with no underlying royalties and is the second of eleven explora"

NT-26-006Nitra · goldGrade: 0.91Grade Unit: g/tIntercept: 12.1 mView all details
Link to this fact

Identity

Hole ID
NT-26-006
Project
Nitra
Commodity
gold
Region
canada_yt
Reported Region
canada_yt
Ticker
BYN

Geometry

Grade
0.91
Grade Unit
g/t
Intercept
12.1 m
From
41.7 m
To
53.8 m
Intercept Depth
41.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
NT-26-006:41.7-53.8
Mining Method
unknown

Location

Loc. Confidence
high

QA/QC

Laboratory
Bureau Veritas and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, bismuth

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: Significant width intercept with improved grade.

Evidence · table

“0.91”

Context: 12.1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Seattle Creek is located on claims 100% owned by Banyan with no underlying royalties and is the second of eleven explora"

NT-26-006Nitra · goldGrade: 4.04Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
NT-26-006
Project
Nitra
Commodity
gold
Region
canada_yt
Reported Region
canada_yt
Ticker
BYN

Geometry

Grade
4.04
Grade Unit
g/t
Intercept
1.4 m
From
41.7 m
To
43.1 m
Intercept Depth
41.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
NT-26-006:41.7-43.1
Mining Method
unknown

Location

Loc. Confidence
high

QA/QC

Laboratory
Bureau Veritas and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, bismuth

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: High grade narrow interval.

Evidence · table

“4.04”

Context: 1.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Seattle Creek is located on claims 100% owned by Banyan with no underlying royalties and is the second of eleven explora"

NT-26-006Nitra · goldGrade: 5.7Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
NT-26-006
Project
Nitra
Commodity
gold
Region
canada_yt
Reported Region
canada_yt
Ticker
BYN

Geometry

Grade
5.7
Grade Unit
g/t
Intercept
0.5 m
From
42.6 m
To
43.1 m
Intercept Depth
42.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
NT-26-006:42.6-43.1
Mining Method
unknown

Location

Loc. Confidence
high

QA/QC

Laboratory
Bureau Veritas and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, bismuth

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: Exceptional grade for the deposit type.

Positive factors

  • Bonanza Intercept

Evidence · table

“5.7”

Context: 0.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Seattle Creek is located on claims 100% owned by Banyan with no underlying royalties and is the second of eleven explora"

NT-26-006Nitra · goldGrade: 3.32Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
NT-26-006
Project
Nitra
Commodity
gold
Region
canada_yt
Reported Region
canada_yt
Ticker
BYN

Geometry

Grade
3.32
Grade Unit
g/t
Intercept
1.4 m
From
52.4 m
To
53.8 m
Intercept Depth
52.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
NT-26-006:52.4-53.8
Mining Method
unknown

Location

Loc. Confidence
high

QA/QC

Laboratory
Bureau Veritas and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, bismuth

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: High grade narrow interval.

Evidence · table

“3.32”

Context: 1.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Seattle Creek is located on claims 100% owned by Banyan with no underlying royalties and is the second of eleven explora"

NT-26-006Nitra · goldGrade: 2.34Grade Unit: g/tIntercept: 0.4 mView all details
Link to this fact

Identity

Hole ID
NT-26-006
Project
Nitra
Commodity
gold
Region
canada_yt
Reported Region
canada_yt
Ticker
BYN

Geometry

Grade
2.34
Grade Unit
g/t
Intercept
0.4 m
From
95.1 m
To
95.5 m
Intercept Depth
95.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
NT-26-006:95.1-95.5
Mining Method
unknown

Location

Loc. Confidence
high

QA/QC

Laboratory
Bureau Veritas and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, bismuth

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: Narrow high grade intercept.

Evidence · table

“2.34”

Context: 0.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Seattle Creek is located on claims 100% owned by Banyan with no underlying royalties and is the second of eleven explora"

NT-26-006Nitra · silverGrade: 27.01Grade Unit: g/tIntercept: 12.1 mView all details
Link to this fact

Identity

Hole ID
NT-26-006
Project
Nitra
Commodity
silver
Region
canada_yt
Reported Region
canada_yt
Ticker
BYN

Geometry

Grade
27.01
Grade Unit
g/t
Intercept
12.1 m
From
41.7 m
To
53.8 m
Intercept Depth
41.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
NT-26-006:41.7-53.8
Mining Method
unknown

Location

Loc. Confidence
high

QA/QC

Laboratory
Bureau Veritas and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, bismuth

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: Silver byproduct in gold interval.

Evidence · table

“27.01”

Context: 12.1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Seattle Creek is located on claims 100% owned by Banyan with no underlying royalties and is the second of eleven explora"

NT-26-006Nitra · silverGrade: 544Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
NT-26-006
Project
Nitra
Commodity
silver
Region
canada_yt
Reported Region
canada_yt
Ticker
BYN

Geometry

Grade
544
Grade Unit
g/t
Intercept
0.5 m
From
42.6 m
To
43.1 m
Intercept Depth
42.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
NT-26-006:42.6-43.1
Mining Method
unknown

Location

Loc. Confidence
high

QA/QC

Laboratory
Bureau Veritas and AGAT Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Deleterious

Deleterious Flag
Yes
Deleterious Elements
arsenic, bismuth

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: Exceptional silver grade.

Positive factors

  • Bonanza Intercept

Evidence · table

“544”

Context: 0.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Seattle Creek is located on claims 100% owned by Banyan with no underlying royalties and is the second of eleven explora"

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.