Banyan GOLD Announces Voting Results from Annual General and Special Meeting of Shareholders
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BANYAN GOLD ANNOUNCES VOTING RESULTS FROM ANNUAL GENERAL AND
SPECIAL MEETING OF SHAREHOLDERS
October 20, 2025 TSX-V: BYN
VANCOUVER, BC, October 20, 2025 - Banyan Gold Corp. (the "Company" or "Banyan") (TSX-
V: BYN) (OTCQB: BYAGF) is pleased to announce the voting results of the Company's Annual
General and Special Meeting of Shareholders held on October 20, 2025 (the "Meeting”).
A total of 160,626,338 common shares were voted, representing the votes attached to 42.64% of
all outstanding common shares. Shareholders voted in favour of the election of all director
nominees. The percentage of votes cast for each is as follows:
Nominee Total “for” votes cast Votes “for” %
Marc Blythe 136,396,441 99.64%
Hayley Halsall-Whitney 136,513,202 99.73%
Tara Christie 136,718,131 99.88%
David Reid 136,519,711 99.73%
Steve Burleton 136,514,126 99.73%
Shareholders also approved: (i) the appointment of De Visser Gray LLP, Chartered Professional
Accountants, as the Company’s auditors and authorized the directors to set the auditor's
remuneration; and (ii) a resolution approving the Company’s Stock Option Plan.
The appointment of De Visser Gray LLP, Chartered Professional Accountants as auditor of the
Company:
Total number of ‘for’ votes cast: 160,400,339 or 99.86%
In favour of approval of the Stock Option Plan:
Total number of “for” votes cast: 135,031,308 or 98.65%
Further information can be found in Banyan Gold’s information circular available on SEDAR at
www.sedar.com.
Upcoming Events
• Hidden Gems Conference, New York – October 20 to 21, 2025
• New Orleans Investment Conference – November 2 to 5, 2025
o Corporate Update and Breakfast - November 5, 7:15 AM CST
• Deutsche Goldmesse Fall, Frankfurt – November 14 to 15, 2025
• Yukon Geoscience Forum, Whitehorse – November 16 to 19, 2025
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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 from 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
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.
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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.
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)”, “bel ieve”, “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, the potential
for resource expansion; the potential to convert inferred resources into indicated resource, 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 mineralization,
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. Banyan disclaims any intention or obligation to update or revise
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.
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any forward -looking information, whether as a result of new information, future events or otherwise, other than as
required by law.