Banyan Expands Mineralized Strike Length Of The Airstrip Zone To >1km, Drills 76.9 Metres Of 0.61 g/t Gold; Aurex-McQuesten Gold Project, Yukon

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Banyan Gold Corp TSXV: BYN Web: www.banyangold.com

VANCOUVER, January 6, 2020, Banyan Gold Corp. (the “Company” or “Banyan”) (TSX-V: BYN) is pleased to announce results from the final seven (7) diamond drillholes on the McQuesten Airstrip Zone from the recently completed 3,385 metre (26 hole) Phase 2 diamond drill program on the Company’s Aurex-McQuesten Gold Project near Mayo, Yukon. All together the Phase 2 Airstrip drilling campaign tested great than 1km of strike length of the newly defined Airstrip mineralized zone.

Highlights from these drillholes include:

76.9 metres of 0.61 g/t Au in MQ-19-59
33.7 metres of 0.40 g/t Au in MQ-19-57
23.2 metres of 0.39 g/t Au in MQ-19-58
16.7 metres of 0.37 g/t Au in MQ-19-60

“These latest Phase 2 Airstrip Zone results continue to return long intervals of on and near-surface gold mineralization within the interpreted mineralized zone and have upgraded our knowledge and confidence in the deposit as we step out east along strike into areas never previously drilled.”, stated Tara Christie, President and CEO of Banyan. “Combined historic and contemporary drilling indicates that the consistent, daylighting and approximately 90 metre thick prospective lithological package is preferentially mineralized with gold in excess of 1km of strike length and up to 350 metres down dip. The Airstrip Zone is open to the east, west and to depth”.

Phase 2 Airstrip Zone drilling was designed to expand the strike length of the mineralization of Airstrip Block “1”, from its previously defined 500 metre extension to greater than 1 kilometre in total. These seven holes, MQ-19-57 to MQ-19-63 together with previously announced drill holes MQ-19-46 to MQ-19-56 and MQ-19-64 (See Company News Releases of: November 18th, 2019; December 2, 2019 and; December 11th, 2019) extend and infill Airstrip mineralization approximately 400 metres east and 150 metres west of Block “1” of the Airstrip Zone Mineralized trend and further validate the McQuesten Mineralization Geologic Model.

Highlights of Phase 2 Airstrip Zone diamond drill results:

50.7 metres  of 0.46 g/t Au in MQ-19-46
74.2 metres  of 0.48 g/t Au in MQ-19-47
89.4 metres of 0.43 g/t Au in MQ-19-48
36.2 metres of 0.61 g/t Au in MQ-19-49
38.0 metres of 0.43 g/t Au in MQ-19-50
106.7 metres of 0.63 g/t Au in MQ-19-52
98.0 metres of 0.71 g/t Au in MQ-19-54
53.3 metres of 0.31 g/t Au in MQ-19-55
74.5 metres of 0.47 g/t Au in MQ-19-56
76.9 metres of 0.61 g/t Au in MQ-19-59
33.7 metres of 0.40 g/t Au in MQ-19-57
23.2 metres of 0.39 g/t Au in MQ-19-58
16.7 metres of 0.37 g/t Au in MQ-19-60

See Original News Release below from Banyan Gold, dated 06-Jan-2020, in PDF format.

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