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Banyan Gold Drills 1.90 g/t Au over 17.3m, Adds Fourth Drill Rig and Extends High-Grade Domains in Core of Powerline Deposit, Yukon, Canada

Drill Results

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Banyan Gold Drills 1.90 g/t Au over 17.3m, Adds Fourth Drill Rig

and Extends High-Grade Domains in Core of Powerline Deposit, Yukon,

Canada

October 21, 2025 TSX-V: BYN

VANCOUVER, BC, October 21, 2025 - Banyan Gold Corp. (the "Company" or "Banyan") (TSX-

V: BYN) (OTCQB: BYAGF) is pleased to announce it has intersected high-grade gold at surface

in the core of the Powerline Deposit (“Powerline”) at its AurMac Project (“AurMac”) in the prolific

Tombstone Belt, Yukon, Canada.

Selected Highlights Demonstrate Continuity of High-Grade in Core of Central Powerline Deposit:

• AX-25-697 – 2.69 g/t gold (“Au”) over 11.8 metres (“m”) within 0.65 g/t gold over 72.5m;

including 29.3 g/t Au over 0.4m, 21.04 g/t Au over 0.4m, and 2.26 g/t Au over 3.4m.

• AX-25-700 – 3.07 g/t Au over 3.6m within 0.69 g/t Au over 29.3m, and 1.90 g/t Au over

17.3m; including 33.00 g/t Au over 0.8m

• AX-25-706 – 16.68 g/t Au over 1.1m within 2.39 g/t Au over 8.1m at surface

• AX-25-709B – 2.55 g/t Au over 6.4m within 0.85 g/t Au over 22.9m

High-grade gold in drillholes AX-25-697, 700, 706, and 709B, as outlined above, highlight the

potential for very high-grade gold intervals in Powerline and continue to reinforce continuity in the

core of the deposit and confirm new 3D modelling of the high-grade mineralized domains. These

intersections also have the potential to convert inferred ounces from the current Mineral Resource

Estimate (“MRE”) (Table 3) into indicated resources in the Powerline Deposit (Figure 1; Tables 1

and 2). To date, the Company has drilled over 30,000m (130 holes) on AurMac this year, with

current drill program ongoing.

“With our recent $31.4-million strategic investment by Alpayana we have upsized our drill program

to 40,000 m and have added a fourth drill rig,” stated Tara Christie, Banyan President and CEO.

“Our modelling and drilling suggests that the deposit is open in all directions, confirming the +1g/t

Au zones and potentially extending the zones beyond the previously known mineralization.”

“Our drilling in the core of Powerline (Figure 1) continues to confirm continuity of refined and high-

grade mineralized domains ,” added Duncan Mackay, Vice President of Exploration. “ With

mineralized domains open down-dip (Figure 2) we also have the potential to add additional high-

grade ounces while converting inferred ounces to indicated. We continue to intersect visible gold,

in zones of high-grade mineralization (Figures 3 and 4), and throughout the Powerline deposit.”

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Figure 1: Plan map of the northeast portion of the Powerline Deposit. High-grade mineralization is associated with emplacement

of sheeted veins in favourable host rocks, primarily based on rheology ; more brittle rocks are favourable host s for sheeted vein

emplacement. Cross-section line for Figure 2 shown by gold line.

Sheeted-veins with visible gold, bismuth sulphosalts, and arsenopyrite are localized in higher

concentrations in zones of more competent, brittle rocks (Figures 3 and 4). Veins are centimetre

to decimetre in scale, generally with trace to 2% accessory minerals (bismuth sulphosalts and

arsenopyrite). As rheology of the stratigraphy controls vein emplacement, detailed modelling is

being carried out to refine the litho -structural model of the deposit and help define more refined

mineralized domains. Many mineralized domains are open down -dip, with potential for more

domains to be identified outside of the current mineralised envelope.

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Figure 2: Cross -section of the Powerline Deposit at 466500 E. Refined mineralized domains (in magenta) intersected in the

drillholes in this release reinforce continuity of high -grade mineralization. Down -drip extensions of mineralized domains have

potential to convert additional waste blocks into ore as well as flatten the conceptual pit floor.

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Figure 3: Zones of sheeted-veins in drillhole AX-25-697 in central Powerline.

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Figure 4: Visible gold associated with aggregates of acicular bismuth sulphosalts and fine-grained arsenopyrite. Intervals from

drillhole AX-25-697 at 14.80-15.24m depth.

Table 1: Significant diamond drillhole assay intercepts for Powerline in this release

HOLE NUMBER

depth

from

depth

to

Au Interval

(m)

Au Interval

(g/t)

AX-25-697 13.5 86.0 72.5 0.65

Including 13.5 15.2 1.7 4.20

and including 60.2 86.0 25.8 1.30

Including 60.2 72.0 11.8 2.69

Including 61.4 61.8 0.4 29.30

Including 63.8 64.2 0.4 21.04

And 118.8 178.4 59.6 0.36

Including 131.0 140.2 9.2 0.55

and including 154.0 160.4 6.4 0.99

and including 173.2 174.4 1.2 1.82

And 201.9 212.4 10.5 0.52

Including 208.4 208.7 0.3 9.43

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And 289.6 291.3 1.7 0.83

AX-25-699 9.1 14.0 4.9 0.51

and 37.2 58.0 20.8 0.28

including 56.2 56.5 0.3 7.24

and 92.5 94.0 1.5 0.36

and 105.2 141.7 36.5 0.41

including 114.3 115.8 1.5 2.35

including 135.6 141.7 6.1 1.07

and 163.1 178.4 15.3 0.56

including 164.5 169.0 4.5 1.20

and 199.6 208.5 8.9 0.48

including 207.0 208.5 1.5 2.02

and 232.7 257.6 24.9 0.43

including 234.2 236.0 1.8 3.01

including 256.0 257.6 1.6 1.33

AX-25-700 8.0 37.3 29.3 0.69

including 21.5 25.1 3.6 3.07

including 23.0 24.0 1.0 4.49

and including 36.9 37.3 0.4 12.60

and 68.5 70.0 1.5 1.06

and 86.0 91.0 5.0 0.32

and 97.0 98.5 1.5 0.36

and 104.5 106.0 1.5 0.44

and 122.0 200.0 78.0 0.56

including 132.4 133.5 1.1 1.45

and including 148.5 150.0 1.5 1.59

including 182.7 200.0 17.3 1.90

including 188.4 189.2 0.8 33.00

and including 198.6 200.0 1.4 1.06

and 261.6 262.2 0.6 0.68

AX-25-704 17.5 42.5 25.0 0.32

including 17.5 18.8 1.3 1.28

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and including 28.2 28.7 0.5 8.85

and 55.9 56.9 1.0 0.38

and 64.5 66.0 1.5 0.37

and 71.0 72.0 1.0 0.31

and 104.7 209.1 104.4 0.48

including 104.7 105.2 0.5 7.98

and including 124.6 143.2 18.6 0.67

and including 156.7 158.2 1.5 1.41

and including 187.3 196.8 9.5 0.86

and including 208.0 209.1 1.1 2.06

and 225.0 226.5 1.5 0.50

and 232.3 232.8 0.5 0.37

AX-25-706 7.7 15.8 8.1 2.39

including 14.7 15.8 1.1 16.68

and including 15.2 15.8 0.6 24.80

and 40.4 40.6 0.2 1.66

and 92.4 92.7 0.3 0.31

and 112.8 135.2 22.4 0.47

including 114.2 115.8 1.6 1.72

and including 126.6 131.2 4.6 0.92

and 156.6 173.8 17.2 0.84

including 159.4 165.9 6.5 1.57

AX-25-709B 25.0 33.5 8.5 0.46

including 32.0 33.5 1.5 1.30

and 61.2 61.6 0.4 1.98

and 86.0 157.0 71.0 0.32

including 86.0 93.5 7.5 0.75

and 126.8 127.8 1.0 1.03

and including 143.8 149.5 5.7 1.03

and 174.6 197.5 22.9 0.84

including 174.6 181.0 6.4 2.55

including 180.7 181.0 0.3 14.00

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and 196.0 197.5 1.5 1.20

and 222.0 223.1 1.1 1.96

and 242.8 244.0 1.2 0.61

AX-25-715 13.0 23.0 10.0 0.29

including 21.9 23.0 1.1 1.38

and 89.8 99.0 9.2 0.83

including 94.6 99.0 4.4 1.19

including 94.6 95.0 0.4 5.02

and 110.4 111.0 0.6 0.44

and 113.4 114.5 1.1 0.43

and 119.0 125.0 6.0 0.30

and 134.0 140.3 6.3 0.31

and 157.0 177.8 20.8 0.39

including 170.0 173.9 3.9 1.49

and 189.9 191.0 1.1 0.54

and 213.5 215.0 1.5 1.07

Note: True widths are estimated to be 90% of drill interval

Table 2: Collar Locations for drillholes in this release

HOLE ID Easting (m) Northing (m)

Elevation

(m)

Depth

(m) Azimuth Dip

AX-25-697 466451 7083006 753 310.9 0 -60

AX-25-699 466507 7083046 764 270.0 0 -60

AX-25-700 466550 7083004 766 306.3 0 -60

AX-25-706 466655 7083000 771 249.9 0 -60

AX-25-709B 466650 7082899 761 251.5 0 -60

AX-25-715 466698 7083054 777 251.5 0 -60

Analytical Method and Quality Assurance/Quality Control Measures

All diamond drill core was systematically logged and photographed by Banyan geology

personnel. All core samples (HTW and NTW diameter) were split on -site at Banyan’s core

processing facilities. Once split, half samples were placed back in the core boxes w ith the other

half of split samples sealed in poly bags with one part of a three -part sample tag inserted

within. Samples were delivered by Banyan personnel or a dedicated expediter to the Bureau

Veritas, Whitehorse preparatory laboratory where samples are prepared and then shipped to