Banyan Gold Strengthens Its Management Team, Appoints Patrick Langlois as Vice President, Strategy and Corporate Development
1
Banyan Gold Strengthens Its Management Team, Appoints Patrick
Langlois as Vice President, Strategy and Corporate Development
March 30, 2026 TSX-V: BYN
VANCOUVER, BC, March 30, 2026 - Banyan Gold Corp. (the "Company" or "Banyan") (TSX-
V: BYN) (OTCQB: BYAGF) is pleased to announce the appointment of Patrick Langlois as Vice
President, Strategy and Corporate Development, effective today, March 30, 2026.
Mr. Langlois is a senior mining executive with more than 25 years of experience in corporate
development, strategy, capital markets, and mergers and acquisitions (M&A). Most recently, he
served as Chief Financial Officer and Vice President, Corporate Development at Probe Gold Inc.
(2015–2026). His background includes senior roles with leading Canadian investment banks and
board experience with publicly traded companies.
Mr. Langlois has executed over $1.3 billion of mining and resource M&A transactions, focused on
the gold sector. Notable transactions include the sale of Probe Gold Inc. to Fresnillo plc for $780
million in January 2026, the acquisition of Probe Mines Limited by Goldcorp Inc. in 2015, and the
sale of Angus Gold Inc. to Wesdome Gold Mines Ltd. in 2025.
“We are delighted to welcome Patrick to the Banyan Gold team. His appointment further
strengthens our management team, and his extensive strategic experience will be instrumental
as we advance the AurMac Project and continue building Banyan into a leading Canadian gold
development company,” stated Tara Christie, President and CEO. “With Patrick’s expertise,
Banyan is well positioned to evaluate and execute opportunities that enhance shareholder value.”
“Banyan represents a compelling opportunity with one Canada’s largest undeveloped gold
projects at AurMac. The company has significant exploration upside and growth potential, with a
Preliminary Economic Assessment (“PEA”) expected in the second half of 2026 to establish key
economic benchmarks,” said Patrick Langlois, Vice President, Strategy and Corporate
Development. “The strength and clarity of Tara’s leadership, combined with the quality of the
asset, were key factors in my decision to join the team, and I look forward to unlocking shareholder
value.”
Patrick will work closely with CEO Tara Christie , assuming responsibility for corporate strategy
and corporate development, leveraging his extensive experience across the mining industry and
capital markets.
Exploration Update
The 2026 exploration program at AurMac is underway with five drills operating at site with 5,749
metres drilled to date.
2
Grant of Options
The Board of Directors of the Company have granted 850,000 stock options to purchase 850,000
shares at an exercise price of $1.10 per share with a vesting period of 18 months with a five-year
term.
The stock options are being issued to consultants and employees of the Company . The options
were granted under and are subject to the terms and conditions of the Company’s stock option
plan.
Upcoming Events
• Natural Resource Stock Expo, Atlanta, GA, May 1 – 2
• Canaccord Genuity 5th Annual Global Metals & Mining Conference, Henderson, NV,
May 19 – 21
• The Rule Symposium, Boca Raton, FL, July 6 – 10
• Invest Yukon Property Tours, July 12 – 15
Qualified Persons
Duncan Mackay, M.Sc., P.Geo., is a “ Qualified Person” as defined under National Instrument
43-101, Standards of Disclosure for Mineral Projects (“NI 43-101”), and has reviewed and
approved the content of this news release in respect of all disclosure other than the MRE . Mr.
Mackay is Vice President Exploration for Banyan and has verified the data disclosed in this news
release, including the sampling, analytical and test data underlying the information.
About Banyan
Banyan's primary asset, the AurMac Project is located in the Traditional Territory of First Nation
of Na -Cho Nyäk Dun, in Canada’s Yukon Territory. The current Mineral Resource Estimate
(“MRE”) for the AurMac Project has an effective date of June 28, 2025 and comprises an Indicated
Mineral Resource of 2.274 million ounces of gold (" Au") (112.5 M tonnes at 0.63 g/t) and an
Inferred Mineral Resource of 5.453 M oz of Au (280.6 M tonnes at 0.60 g/t ) (as defined in the
Canadian Institute of Mining, Metallurgy and Petroleum (" CIM") Definition Standards for Mineral
Resources & Mineral Reserves incorporated by reference into NI 43 -101). The 303 square
kilometres (“ sq km ”) AurMac Project lies 40 km f rom Mayo, Yukon. The AurMac Project is
transected by the main Yukon highway and benefits from a 3 -phase powerline, existing power
station and cell phone coverage.
Table 1: Pit-Constrained Indicated and Inferred Mineral Resources – AurMac Project
Deposit Gold Cut-Off
(g/t)
Tonnage
(M Tonnes)
Average Gold
Grade (g/t)
Contained Gold
(Moz)
Indicated MRE
Airstrip 0.30 27.7 0.69 0.611
Powerline 0.30 84.8 0.61 1.663
Total Combined
Indicated MRE
0.30 112.5 0.63 2.274
3
Inferred MRE
Airstrip 0.30 10.1 0.75 0.245
Powerline 0.30 270.4 0.60 5.208
Total Combined
Inferred MRE
0.30 280.6 0.60 5.453
Notes to Table 1:
1. The effective date for the MRE is June 28, 2025 and was prepared by Marc Jutras, P.Eng., M.A.Sc., Principal,
Ginto Consulting Inc., an independent "Qualified Person" within the meaning of NI 43-101.
2. Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The estimate
of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation,
sociopolitical, marketing, changes in global gold markets or other relevant issues.
3. The CIM Definition Standards were followed for classification of Mineral Resources. The quantity and grade
of reported Inferred Mineral Resources in this estimation are uncertain in nature and there has been insufficient
exploration to define these Inferred Mineral Resources as an Indicated Mineral Resource.
4. Mineral Resources are reported at a cut-off grade of 0.30 g/t gold for all deposits, using a US$/CAN$ exchange
rate of 0.73 and constrained within an open pit shell optimized with the Lerchs -Grossman algorithm to
constrain the Mineral Resources with the following estimated parameters: gold price of US $2,050/ounce,
US$2.50/t mining cost, US$10.00/t processing cost, US$2.00/t G+A, 90% gold recoveries, and 45° pit slopes.1
5. The number of tonnes and ounces was rounded to the nearest thousand. Any discrepancies in the totals are
due to rounding effects.
In addition to the AurMac Project, the Company holds the Hyland Gold Project, located
70 km Northeast of Watson Lake, Yukon, along the Southeast end of the Tintina Gold
Belt (the “ Hyland Project”) in the Traditional Territory of the Kaska Nations, closest to
the Liard First Nation and Daylu Dena Council. The Hyland Project represents a sediment
hosted, structurally controlled, intrusion-related gold deposit, within a large land package
(over 125 sq km), accessible by a network of existing gravel access road s. The updated
MRE comprises an Indicated Mineral Resource of 337 thousand (“K”) ounces (“oz”) of
gold (“Au”) and 2.63 million (“M”) oz of silver (“Ag”) (11.3 M tonnes of ore at 0.93 g/t Au
and 7.27 g/t Ag), and an Inferred Mineral Resource of 118 Koz of Au and 0.86 Moz Ag
(3.9 M tonnes of ore at 0.95 g/t Au and 6.94 g/t Ag) (as defined in the Canadian Institute
of Mining, Metallurgy and Petroleum (“CIM”) Definition Standards for Mineral Resources
& Mineral Reserves incorporated by reference into NI 43-101) effective September 1,
2025 and with technical report filed on Sedar on October 27, 2025.
Banyan also holds the Nitra Gold Project, a grassroots exploration project located in the
Mayo Mining district, approximately 10 km west of the AurMac Gold property. The
Nitra Property lies in the northern part of the Selwyn basin and is underlain by metaclastic
rocks of the Late Proterozoic Yusezyu Formation of the Hyland Group, similar to
lithologies hosting portions of the AurMac Project. Middle Cretaceous Tombstone Plutonic
suite intrusions occur along the property including the Morrison Creek and Minto Creek
stocks. The property is 100% owned and operated by Banyan and covers approximately
1 The gold price and cost assumptions are consistent with current pricing assumptions and costs and, in particular,
with those employed for recent technical reports for similar pit-constrained Yukon gold projects.
4
313.9 sq km. The property is accessible by road along the Silver Trail Highway, South
McQuesten Road and 4x4 roads.
Banyan trades on the TSX-Venture Exchange under the symbol “BYN” and is quoted on
the OTCQB Venture Market under the symbol “ BYAGF”. For more information, please
visit the corporate website at or contact the Company.
ON BEHALF OF BANYAN GOLD CORPORATION
(signed) "Tara Christie"
Tara Christie
President & CEO
For more information, please contact:
Tara Christie • 778 928 0556 • [email protected]
Jasmine Sangria • 604 312 5610 • [email protected]
CAUTIONARY STATEMENT: Neither the TSX Venture Exchange, its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) nor OTCQB Venture Market accepts responsibility for the
adequacy or accuracy of this release.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the
information contained herein.
FORWARD LOOKING INFORMATION: This news release contains forward -looking information, which is not
comprised of historical facts and is based upon the Company’s current internal expectations, estimates, projections,
assumptions and beliefs and the Company’s plans and timing for the closing the 100% acquisition of the McQuesten
and Aurex properties. Such information can generally be identified by the use of forwarding -looking wording such as
“may”, “will”, “expect”, “estimate”, “anticipate”, “intend(s)”, “believe”, “potential” and “continue” or the negative thereof
or similar variations, Forward-looking information involves risks, uncertainties and other factors that could cause actual
events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such
forward-looking information. Forward looking information in this news release includes, but is not limited to , mineral
resource estimates; mineral recoveries and anticipated mining costs. Factors that could cause actual results to differ
materially from such forward -looking information include uncertainties inherent in resource estimates, continuity and
extent of m ineralization, capital and operating costs varying significantly from estimates, the preliminary nature of
metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project
approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes
in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, and the other risks involved
in the mineral exploration and development industry, enhanced risks inherent to conducting business in any jurisdiction,
and those risks set out in Banyan’s public documents filed on SEDAR. Although Banyan believes that the assumptions
and factors used in preparing the forward -looking information in this news release are reasonable, undue reliance
should not be placed on such information, which only applies as of the date of this news release, and no assurance
can be given that such events will occur in the disclosed time frames or at all. Ban yan disclaims any intention or
obligation to update or revise any forward-looking information, whether as a result of new information, future events or
otherwise, other than as required by law.