- Banyan Gold Corp (TSXV:BYN)(OTCQB:BYAGF) has filed an amended technical report for the AurMac Property following a review by the British Columbia Securities Commission.
- The Hyland Project's mineral resource is currently stale dated and lacking NI 43-101 compliance, requiring an updated technical report.
- No changes were made to the AurMac resource estimate size or scope in the new report.
Banyan Gold Corp (BYN) has announced the submission of an amended technical report for its AurMac Property in the Mayo Mining District, dated May 23, 2025. This comes after a thorough review by the British Columbia Securities Commission. The amended report features additional disclosures related to the Nitra Property, data verification enhancements, and technical clarifications as per NI 43-101 standards. Importantly, the size and scope of the AurMac resource estimate remain unchanged.
Regarding the Hyland Project, Banyan has acknowledged that its current mineral resource estimate is outdated and lacks necessary support from a compliant NI 43-101 technical report. Consequently, investors are advised not to rely on the existing resource estimates until a new technical report is prepared and filed. The company has committed to updating the Hyland Technical Report in the future, although no specific timeline has been provided.
The amended AurMac technical report is accessible under Banyan's profile on SEDAR+ and the company's official website. Duncan Mackay, P.Geo., Banyan Gold's VP of Exploration, confirmed his oversight of the report's content as per the standards set by NI 43-101.
