Banyan Gold Extends Airstrip and High-Grade Mineralization to 350m Vertical Depth, Yukon, Canada

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Banyan Gold Extends Airstrip and High-Grade Mineralization to 350m

Vertical Depth, Yukon, Canada

February 8, 2026, TSX-V: BYN

VANCOUVER, BC, February 8, 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 Airstrip Deposit (“ Airstrip”) at approximately 350 metres (“ m”)

vertical depth, over 350 m down-dip of previous intersections at its AurMac Project

(“AurMac”), Yukon, Canada.

Deep Hole Airstrip Mineralization Test Highlights:

• AX-25-817 – 1.37 g/t Au over 38.0m; includes high-grade interval of 15.87 g/t Au

over 2.2m - approximately 350m down-dip step out highlights new deep target

extension of skarn horizons and that the Airstrip deposit is open down-dip and at depth

Airstrip Highlights:

• AX-25-799 – 7.04 g/t Au over 6.0m within 0.68 g/t Au over 125.5m; including high-

grade intervals of 29.30 g/t Au over 1.4m

• AX-25-807 – 1.93 g/t Au over 10.4m and 1.00 g/t Au over 36.1m within 0.64 g/t Au

over 145.5m

“High grade mineralization in deep hole AX-25-817 highlights the promising exploration

targets at depth, potentially associated with a deep-seated magmatic source for

mineralization that our exploration vectoring indicates could be situated under Airstrip,” said

Tara Christie, President and CEO. “Intersecting high-grade skarn mineralization in a

potentially consistent horizon 350m down-dip of Airstrip and 750m along strike of a previous

deep hole may indicate prospective exploration targets at depth.”

“These holes show there is potential for additional mineralization in multiple calcareous

metasedimentary horizons, and very-high grade mineralization potentially extending to depth

at Airstrip,” state d Duncan Mackay, VP Exploration. “ The horizons extending from Airstrip

underneath Powerline have the potential to extend the conceptual pit and present promising

exploration targets at depth. We have also intersected calc-silicate horizons below the lower

calcareous metasedimentary horizon (Cal 2; see Figure 2) indicating potential for additional

high-grade mineralization at depth in the footwall of Airstrip . The high -grade skarn

intersections in AX-25-799 and -807 also have potential to convert waste blocks and extend

the conceptual pit boundary, narrowing the gap between Airstrip and Powerline.”

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Figure 1: Plan map of highlight gold intersections at AurMac. Deep hole AX-25-817 was drilled from Powerline to extend

down through Airstrip Mineralization.

Drillhole AX-25-817 is following up on previous drilling in AX-23-456 which intersected Airstrip

style mineralization at depth ( approx. 450m vertical depth) . The deep hole in this release

targeted deep extensions of mineralization, recognising that the calcareous metasedimentary

horizons in Airstrip are continuous at depth and consistently mineralized (Figure 2).

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Figure 2: Cross-section 467350mE in Central Powerline and Airstrip. High-grade mineralization in AX-25-817 has potential

as a deep target below the existing Powerline Mineral Resource Estimate (“MRE”) and conceptual pit (Figure 3).

Extending very-high grade mineralization approx. 350m down-dip from the previously intersected Airstrip skarn zones

presents a highly prospective target for future exploration.

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Figure 3: Very high-grade skarn mineralization (392.1-394.3m) in calc-silicate altered calcareous metasedimentary rocks

displaying intense pyrrhotite replacement mineralization in AX-25-817 extending below Powerline.

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Figure 4: Cross-section 467000mE in Airstrip. Mineralization in AX-25-799 and -807 (Figures 5-7) have potential to extend

high-grade mineralization, convert waste blocks and extend the conceptual pit wall.

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Figure 5: Sheeted veins with visible Au intersections (see Figure 6) in AX-25-807.

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Figure 6: Sheeted veins with visible Au intersections in AX-25-807 at 78.6m highlight potential for additional Powerline-

style mineralized domains up-section of Airstrip Mineralization adding further prospectivity to the area between Airstrip and

Powerline conceptual pits.

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Figure 7: Strongly mineralized calc-silicate altered metasedimentary rocks in AX-25-807, typical of Airstrip Mineralization.

High-grade intersections as above have the potential to convert waste blocks and extend mineralization at depth,

potentially joining the conceptual pits of Airstrip and Powerline.