BYN.V · 2026-07-06 12:00:00

Banyan Gold Expands High-Grade Domains at Powerline, AurMac Project, Yukon, Canada

Drill Results Corporate Updates

Banyan Gold Expands High-Grade Domains at Powerline,

AurMac Project, Yukon, Canada

July 6, 2026, TSX-V: BYN

VANCOUVER, BC, July 6, 2026 - Banyan Gold Corp. (the "Company" or "Banyan") (TSX-

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

(“Au”) mineralization in the Powerline Deposit (“Powerline”) west of the main high-grade

core. These diamond drill intersections highlight new expansion potential and domains in

a portion of Powerline, AurMac Project (“AurMac”), Yukon, Canada.

Highlights from Powerline West:

• AX-26-833 – 0.79 g/t Au over 13.9metres (“m”) AND 1.94 g/t Au over 7.6m

• AX-26-834 – 1.38 g/t Au over 7.7 m within 0.61 g/t Au over 21.1m

• AX-26-841 – 1.00 g/t Au over 13.7m within 0.47 g/t Au over 41.3m

• AX-26-844 – 0.79 g/t Au over 12.5m

• AX-26-854 – 1.12 g/t Au over 13.1m within 0.72 g/t Au over 24.6m

• AX-26-861 – 1.06 g/t Au over 9.6m within 0.62 g/t Au over 20.0m; including a

high-grade interval of 6.29 g/t Au over 1.0m

“Banyan Gold has intersected new high -grade domains in Powerline West and visible

gold in the initial drillholes of the season,” stated Tara Christie, CEO and President. “With

our new MRE and upgraded 3D model we are able to identify and target new domains in

areas of the deposit that have not been drilled in several years. High-grade domains have

been identified just outside of the conceptual pit boundary for the 2026 MRE , indicating

potential for up-dip and along-strike expansion of these zones (Figures 1 and 2).”

Figure 1: Plan map of Powerline West with drill intersection highlights from this release. MRE blocks shown are all

contained in the US$3,500/oz Au conceptual pit and at a cutoff of >0.3 g/t Au. Drillholes in this release highlight potential

to extend and delineate new high-grade zones in the core of Powerline Southwest (Figure 2).

Figure 2: Cross-section 465750mE from Powerline West at AurMac. Mineralized domains are overlaid on the

lithologic model. Mineralized domains are open up-dip and at depth, with potential to expand the mineralized

envelope as well as convert significant un-estimated blocks that fall within the conceptual pit. The MRE block model

is constrained by mineralized domains and the lithologic domains. Mineral Resource blocks are 10m x 10m x 5m.

Only blocks >0.30 g/t Au cutoff and within the US$3,500/oz Au conceptual pit shell are included in the MRE.

Expanded mineralized domains associated with altered metasedimentary rocks hosting

cross-cutting sheeted veins (Figures 3 and 4) have been identified in drilling from 2026

in Powerline West. Previous drilling in the area was completed at 100m spacing, which

resulted in few mineralized domains being identified. Intersecting visible gold (Figure 5)

in the first drillhole of the season, in an area previously characterized by limited high-

grade mineralization, is promising for the potential to upgrade the domains as continuity

is tested for indicated conversion. Additionally, it identifies potential new domains below

the conceptual pit floor and north and west of the pit boundary (Figures 1 and 2).

Figure 3: Mineralized sheeted quartz veins in metasedimentary rocks in Powerline West from diamond drillhole AX-

26-834, typical of intrusion-related gold systems and the majority of Powerline-style mineralization. Large (>1cm

width) cross-cutting multiphase quartz veins are typically associated with high-grade domains in Powerline.

Figure 4: Mineralized sheeted quartz veins in altered metasedimentary rocks in Powerline West from diamond

drillhole AX-26-833, typical of intrusion-related gold systems and the majority of Powerline-style mineralization. High

densities (>3 veins per metre) of smaller cross-cutting quartz veins (approx. 1cm width) in highly altered rocks are

typical of some mineralized domains in Powerline.

Figure 5: Visible gold intersected in the majority of drillholes. Examples from: top left – AX-26-824 311.9m visible gold

intergrown with pyrite in sheeted quartz vein in the first drillhole of the season; top right – AX-26-828 172.2m visible

gold on margins of sphalerite grain in sheeted quartz vein; bottom left AX-26-844 194.4m visible gold grain spatially

associated with arsenopyrite grain in sheeted quartz vein; bottom right AX-26-861 215.4m visible gold in sheeted

quartz vein spatially associated with pyrite. Visible gold is often associated with bismuth sulphosalts or accessory

sulphides. While generally associated with high-grade mineralization, visible gold does not always correlate with final

gold assays.

Table 1: Intervals from Powerline West

HOLE NUMBER

depth from depth to

Interval

(m)

Interval

(g/t)

AX-26-824 131.6 153.5 21.9 0.44

including 133.4 138.0 4.6 0.93

and 238.1 252.6 14.5 0.22

and 311.0 316.9 5.9 0.30

AX-26-825 91.2 118.4 27.2 0.32

including 104.6 105.7 1.1 1.55

and including 91.2 91.6 0.4 4.49

and 136.2 147.8 11.6 0.29

AX-26-828 106.7 129.5 22.8 0.34

including 126.2 129.5 3.3 1.21

and 172.1 172.4 0.3 2.04

and 187.9 200.8 12.9 0.63

including 198.6 200.8 2.2 2.60

including 198.6 199.6 1.0 4.21

AX-26-831 90.0 109.8 19.8 0.31

including 102.3 109.1 6.8 0.51

and 121.0 125.4 4.4 0.30

and 147.8 162.3 14.5 0.33

including 161.2 162.3 1.1 2.08

and 235.5 238.6 3.1 0.76

and 315.2 321.6 6.4 0.36

AX-26-833 67.7 93.4 25.7 0.56

including 79.5 93.4 13.9 0.79

including 92.4 92.7 0.3 10.60

and 146.0 153.6 7.6 1.94

including 147.0 153.6 6.6 2.12

including 152.5 153.6 1.1 7.14

and 174.0 182.9 8.9 0.59

including 182.0 182.9 0.9 4.76

AX-26-834 54.9 72.6 17.7 0.47

including 54.9 64.0 9.1 0.58

and 150.4 163.7 13.3 0.21

including 159.3 163.7 4.4 0.43

including 159.3 159.7 0.4 3.43

and 181.0 220.0 39.0 0.43

including 191.5 193.5 2.0 5.46

and including 192.9 193.5 0.6 17.53

and including 207.0 208.4 1.4 1.25

and 244.5 265.6 21.1 0.61

and including 244.5 252.2 7.7 1.38

and including 251.7 252.2 0.5 14.65

and including 264.3 265.6 1.3 1.16

AX-26-841 128.7 130.2 1.5 1.22

and 173.6 175.3 1.7 0.96

and 218.7 260.0 41.3 0.47

including 218.7 232.4 13.7 1.00

including 218.7 220.2 1.5 7.75

AX-26-844 56.9 60.1 3.2 0.41

and 131.4 133.4 2.0 0.66

and 153.4 161.8 8.4 0.52

including 154.4 155.4 1.0 2.38

and 193.4 205.9 12.5 0.79

including 193.4 195.0 1.6 3.46

AX-26-848 70.1 71.0 0.9 1.43

and 90.3 92.1 1.8 0.44

AX-26-851 69.0 70.3 1.3 0.34

and 92.3 95.1 2.8 0.82

including 94.2 95.1 0.9 1.37

AX-26-854 64.3 76.3 12.0 0.26

and 129.5 154.1 24.6 0.72

including 141.0 154.1 13.1 1.12

including 146.9 148.4 1.5 5.47

and 159.9 183.6 23.7 0.40

including 159.9 160.9 1.0 2.12

and including 182.2 183.6 1.4 1.91

AX-26-857 188.8 194.9 6.1 0.42

including 188.8 190.0 1.2 1.10

and 230.0 231.9 1.9 0.33

and 249.5 254.5 5.0 0.31

and 258.5 259.7 1.2 0.36

and 268.5 270.5 2.0 0.53

AX-26-858 92.6 106.5 13.9 0.42

including 105.5 106.5 1.0 3.32

and 159.1 166.2 7.1 0.39

including 159.1 160.2 1.1 1.21

AX-26-860 53.6 61.0 7.4 0.36

including 60.2 61.0 0.8 1.29

and 92.4 93.0 0.6 1.55

and 126.5 143.9 17.4 0.30

including 126.5 127.6 1.1 2.22

and including 140.2 141.0 0.8 1.17

AX-26-861 86.0 106.0 20.0 0.62

including 87.0 96.6 9.6 1.06

including 89.0 90.0 1.0 6.29

and including 96.3 96.6 0.3 4.93

and 213.4 222.3 8.9 0.33

and 251.8 253.3 1.5 1.90

and 279.7 297.3 17.6 0.28

Note: Calculated true widths are approx. 90% of drill intervals.

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