BANYAN GOLD CORP. (“Banyan” or “Banyan Gold”) is pleased to announce the appointment of Rob Carne to Banyan’s Advisory Board.
Rob Carne is a Professional Geologist with more than 35 years of experience in the Yukon and has been responsible for a vast number of discoveries, including Banyan's Hyland Gold Project when he discovered and delineated the initial non-compliant gold resource at the Main Zone in the late 1980’s. Mr. Carne was a principal with Archer, Cathro & Associates (1981) Limited from 1981 to 2002. He is currently the President and Director for ATAC Resources and co-recipient of the H.H. “Spud” Huestis Award for Excellence in Prospecting and Mineral Exploration for the discovery of Carlin style mineralization at ATAC’s Rackla Gold project. Additionally Rob has authored or co-authored a number of technical papers on Yukon mineral deposits. He has served as a director and officer of numerous public companies on the TSX Venture Exchange since the mid-1980's.
“We are very pleased to have Rob join Banyan’s Advisory Board” stated Mark Ayranto, Chairman of the Board. “The depth of his exploration experience in the Yukon and in particular at the Hyland Gold Project will provide a tremendous advantage advancing the project.”
“I look forward to working with Banyan as we advance Hyland Gold and I am excited to be back on the Hyland project” stated Rob Carne. “Hyland Gold shares many geological similarities to the Rackla Gold Belt and is highly prospective for uncovering new gold discoveries”.
This News Release has been reviewed and approved by Paul D. Gray, B.Sc., P.Geo., Vice President Exploration for Banyan Gold, the Qualified Person as defined by NI 43-101.
About Banyan Gold
Banyan Gold is a gold exploration and development company whose flagship property, the Hyland Gold Project (“Hyland”), is approximately 70 km NE of Watson Lake, Yukon, along the southeast end of the Tintina Gold Belt. The Main Zone gold Inferred Resource, at a 0.6 g/t gold equivalent ("AuEq") cutoff, hosts a NI 43-101 compliant Resource of 12,503,994 tonnes containing 361,692 ounces gold at 0.9 g/t and 2,248,948 ounces silver at 5.59 g/t for a combined gold and silver 396,468 ounces gold equivalent. Based on the success of previous exploration and numerous untested drill ready targets Banyan Gold management foresees potential for a significant regional exploration at Hyland.
Banyan Gold trades on the TSX-Venture Exchange under the symbol “BYN”. For more information please visit the corporate website at www.banyangold.com or contact Banyan Gold.
ON BEHALF OF THE BANYAN GOLD BOARD OF DIRECTORS
(signed) "Richmond Graham"
President and Chief Executive Officer
For more information, please contact:
Tel: (604) 648-8450
Email: [email protected]
The TSX Venture Exchange (the “Exchange) has neither approved nor disapproved the contents of this press release. Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
Statements in this news release regarding Banyan Gold which are not historical facts are “forward-looking statements” that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “will”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations.