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Banyan Gold Intersects More High-Grade Mineralization in Powerline with Increased Instances of Visible Gold, Yukon, Canada

Drill Results

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Banyan Gold Intersects More High-Grade Mineralization in Powerline

with Increased Instances of Visible Gold, Yukon, Canada

Feb 17, 2026, TSX-V: BYN

VANCOUVER, BC, Feb 17, 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 and visible gold (“VG”) in numerous intervals in central

Powerline Deposit (“Powerline”) at its AurMac Project (“AurMac”), Yukon, Canada.

Powerline Highlights:

• AX-25-798 – 1.91 g/t Au over 11.4m, 2.00 g/t Au over 25.0m, 4.59 g/t Au over

5.0m, 1.44 g/t Au over 5.0m, and 1.12 g/t Au over 7.5m, all within 0.61 g/t Au over

239.2m; includes high grade intervals of 26.61 g/t Au over 0.6m , 14.00 g/t Au

over 1.5m, and 18.10 g/t Au over 1.5m;

• AX-25-805 – 1.32 g/t Au over 8.7m, within 0.39 g/t Au over 103.7m;

• AX-25-810 – 0.92 g/t Au over 15.9m, within 0.68 g/t Au over 40.1m;

• AX-25-816 – 0.67 g/t Au over 32.9m; includes 22.11 g/t Au over 0.5m,

• AX-25-822 – 3.56 g/t Au over 2.3m, within 0.49 g/t Au over 66.6m; includes high-

grade interval of 11.65 g/t Au over 0.4m;

• AS-25-823 – 1.02 g/t Au over 10.0m, AND, 3.04 g/t Au over 6.1m, within 0.59 g/t

Au over 57.3m;

“These high-grade intersections from Powerline continue to strengthen the continuity and

to define the high -grade portions of the deposit, supporting the refined geologic and

mineralization model, the upcoming Resource update and Preliminary Economic

Assessment,” said Tara Christie, President and CEO. “Visible gold associated with high-

grade intervals was identified in every drill hole in this release across an over 500m long

zone of the center of Powerline (from AX-25-810 to AX-25-805). These results highlight

the continued potential for expanding near surface, high-grade mineralization.”

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Figure 1: Plan map of highlight gold intersections at AurMac.

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Figure 2: Visible gold intersections in drillholes from Central Powerline. Top left - AX-25-798 – 94.0m. Top Right –

AX-25-805 – 154.3m. Middle Left – AX-25-822 – 106.2m. Middle Right – AX-25-816 – 90.0m. Bottom Left - AX-25-

810 – 184.3m. Bottom Right - AX-25-823 – 86.7m. While visible gold at Powerline is typically (but not always)

indicative high-grade intervals, the potential for heterogeneous distribution of gold in a recovered drill core and

analyte material that is processed by the laboratory, means not all instances of visible gold will be reflected in high-

grade assay results.

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Figure 3: Cross-section A-B in Central Powerline (See Figure 1). High-grade mineralization in AX-25-798, -810 and -

822 has the potential to extend mineralized domains just below the conceptual pit boundary from the 2025 MRE.

Magenta outlines show preliminary potential mineralized zones. Once refined, these domains will aid in better

constraining estimations of the distribution of gold in the Mineral Resource Estimate.

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Figure 4: High-grade gold mineralization in AX-25-798 hosted in large cross-cutting quartz vein and associated

centimetre-scale sheeted veins. Visible gold grains intergrown with Bi-sulphosalts in quartz veins are typical of high-

grade mineralization in Powerline (See Figure 2).

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Figure 5: Cross-section 467100mE in Powerline (See Figure 1). Mineralization in AX-25-823 has the potential to

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

preliminary potential mineralized zones. Once refined, these domains will aid in better constraining estimations of the

distribution of gold in the Mineral Resource Estimate.

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Figure 6: High-grade mineralization in AX-25-823 associated with sheeted quartz veins cross-cutting

metasedimentary rocks of the Hyland Group. Sheeted veins contain visible gold grains intergrown with Bi-sulphosalts

and arsenopyrite.

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Figure 7: Cross-section 467250mE Figure 1 in Powerline. High-grade gold mineralization intersected in multiple drill

holes highlights the continuity and potential for down-dip extensions of mineralized domains and convert waste

blocks. Magenta outlines show preliminary potential mineralized zones. Once refined, these domains will aid in better

constraining estimations of the distribution of gold in the Mineral Resource Estimate.

Table 1: Diamond drillhole assay intercepts for Aurex Hill in this release

Hole ID

depth

from (m)

depth to

(m)

Au Interval

(m)

Au Interval

(g/t)

AX-25-798 15.0 254.2 239.2 0.61

Including 68.0 69.0 1.0 1.38

and including 92.6 104.0 11.4 1.91

Including 93.5 94.7 1.2 14.83

Including 93.5 94.1 0.6 26.61

and including 114.5 139.5 25.0 2.00

Including 114.5 121.0 6.5 2.54

and including 128.5 130.0 1.5 18.10

and including 177.0 178.5 1.5 2.89

and including 198.5 203.5 5.0 4.59

Including 202.0 203.5 1.5 14.00