BYN.V · 2026-03-16 12:00:00

Banyan Intercepts Several New Distinct High-grade Silver Veins, including 3,408 g/t Ag over 1.4 m, at AurMac, Yukon

Drill Results

Banyan Intercepts Several New Distinct High-grade Silver Veins,

including 3,408 g/t Ag over 1.4 m, at AurMac, Yukon

March 16, 2026, TSX-V: BYN

VANCOUVER, BC, March 16, 2026 - Banyan Gold Corp. (the "Company" or "Banyan")

(TSX-V: BYN) (OTCQB: BYAGF) is pleased to announce it has intersected several new,

distinct high-grade silver (“Ag”) veins at its AurMac Project (“AurMac”), Yukon, Canada.

Airstrip Highlights:

• AX-25-799 – 3,408 g/t silver over 1.4m, within 352.64 g/t Ag over 13.7m

Powerline Central Highlights:

• AX-25-810 – 880 g/t silver over 1.5m, within 273.35 g/t Ag over 4.8m, AND 248

g/t silver over 1.0m within 114.52 g/t Ag over 4.1m

• AX-25-819 – 20.35 g/t silver over 5.8m and 27.43 g/t silver over 7.7m

• AX-25-821 – 731 g/t silver over 0.8m within 93.17 g/t silver over 7.5m

Aurex Hill Highlights:

• AX-25-786 – 55.55 g/t silver over 2.8m

Powerline Southwest Highlights:

• AX-25-788 – 138.10 g/t silver over 0.5m

“The ongoing discovery of new high -grade Keno -style silver mineralization demonstrates

that the AurMac project remains underexplored with high discovery potential,” said Tara

Christie, President and CEO. “Our plans for 2026 will provide meaningful catalysts for

Banyan to continue to re -rate, with our upcoming MRE, PEA, and 40,000 m strategic drill

program at AurMac, along with 10,000m focused on our regional targets.”

Figure 1: Silver mineralization highlights intersected across the AurMac deposit. At least eight distinct Keno veins have

been identified across an approximately 2km x 3km zone, centred roughly on the AG-1 vein (see Figure 2).

Figure 2: Plan map of highlight silver intersections in Powerline Central in the AG-1 vein (see Figure 3 for relationship

between AG-1 and sub-parallel AG-2 and AG-3 veins).

Figure 3: Cross-section A-B in Powerline. Silver intersections within drillholes AX-25-810, -819, and -821 are

consistent with late brittle feature for the AG-1 vein intersected in drillhole AX-21-142 and AX-25-803 (see news

releases dated October 29, 2025 and January 22, 2026). Two sub-parallel veins have been identified adjacent to the

AG-1 vein intersected in holes AX-21-142 and AX-25-803; AG-2 and AG-3 are north and south of AG-1, respectively

(magenta veins and dashed traces above). Block model for Au MRE included to highlight cross-cutting nature of

silver mineralization.

Figure 4: Cross-section 466950mE in Airstrip. Potential orientation of high-grade Keno vein intersected in drillhole

AX-25-799 shown by magenta dashed line (see Figure 5).

Figure 5: Keno-style mineralization (sphalerite and galena hosted in Fe-carbonate veins) from drillhole AX-25-799 in

Airstrip. This intersection represents a new high-grade vein intersection.

Table 1: Diamond drillhole assay intercepts for in this release

Hole ID

depth

from (m)

depth to

(m)

Ag Interval

(m)

Ag Interval

(g/t)

AX-25-786 87.0 88.5 1.5 8.50

and 168.2 171.0 2.8 55.55

AX-25-788 50.4 82.0 31.6 3.52

including 58.5 59.0 0.5 138.10

AX-25-798 114.5 130.0 15.5 4.03

including 124.0 125.5 1.5 18.60

and 234.5 256.5 22.0 10.02

including 240.5 242.0 1.5 27.20

and including 253.5 255.3 1.8 24.08

AX-25-799 77.5 93.0 15.5 1.18

and 131.1 144.8 13.7 352.64

including 133.5 139.5 6.0 806.54

including 133.5 134.9 1.4 3408.00

AX-25-801 74.0 76.0 2.0 29.85

including 75.0 76.0 1.0 37.30

and 139.6 156.0 16.4 0.98

and 176.6 232.0 55.4 1.13

including 194.0 195.0 1.0 14.10

AX-25-809 179.0 202.3 23.3 0.76

and 283.4 285.0 1.6 15.10

AX-25-810 78.0 105.8 27.8 17.90

including 87.3 91.4 4.1 114.52

including 87.3 88.3 1.0 248.00

and including 89.3 90.3 1.0 115.40

and 123.0 127.8 4.8 273.35

including 123.0 124.5 1.5 880.00

and 147.4 159.2 11.8 1.11

and 229.0 246.5 17.5 1.46

AX-25-819 79.9 124.4 44.5 8.26

including 90.6 96.4 5.8 20.35

including 93.6 95.0 1.4 32.50

and including 115.2 122.9 7.7 27.43

including 117.0 122.9 5.9 31.30

AX-25-821 24.0 70.0 46.0 17.43

including 49.5 57.0 7.5 93.17

including 52.0 52.8 0.8 731.00

Note: Calculated true widths are approx. 60% of reported drill widths.

Calculated true width for AX-25-799 is approx. 35% of reported drill width.

Table 2: Collar Locations for drillholes in this release

Hole ID

Easting

(m) Northing (m) Elevation (m) Depth (m) Azimuth Dip

AX-25-786 469196 7082705 976 178.3 0 -60

AX-25-788 466304 7082196 757 88.4 0 -60

AX-25-798 466871 7083172 781 260.6 320 -50

AX-25-799 466967 7083795 778 269.8 180 -80

AX-25-801 466857 7082879 773 243.8 0 -55

AX-25-809 467331 7082971 792 324.6 0 -60

AX-25-810 466743 7083283 775 288.0 100 -60

AX-25-819 466743 7083282 775 152.0 150 -60

AX-25-821 466766 7083263 778 79.5 120 -50

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

with 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 Bureau Veritas’s Analytical laboratory in Vancouver, B.C.

for pulverization and final chemical analysis.

Core splits from 2025 reported in this news release were analysed by Bureau Veritas of

Vancouver, B.C., utilizing the four -acid digestion ICP -ES 35 -element MA -300 or ICP -

ES/MS 59-element MA-250 analytical package with FA-450 50-gram Fire Assay with AAS

finish for gold on all samples. Samples returning >10 g/t Au were reanalysed by fire assay

with gravimetric finish on a 50g sample (FA -550). High-grade samples with documented

visible gold are also analysed using metallic screen fire assay (FS -652). Samples

returning >200 g/t Ag (MA250 or MA300) were analysed by mutli -acid digestion ICP-ES

MA370. If samples returned > 1,500 g/t Ag, they were analysed by fire assay with

gravimetric finish on a 50g sample (FA550). If samples returned > 10,000 g/t Ag, they

were analysed by fire assay 2g sample (FA501). Bureau Veritas is an accredited lab

following ISO/IEC 17025:2017 SCC File Number 15895. A robust system of standards,

¼ core duplicates and blanks has been implemented in the 2025 exploration drilling

program and is monitored as chemical assay data becomes available. Historic 2019 Ag

samples were analysed at BV by aqua regia digest ICP -ES/MS 37 -element AQ200

(2019). Historic 2012 samples were analysed at ALS by 34-element four acid digest ME-

ICP61. If samples returned > 100 g/t Ag, a 0.4g sample was analysed by four acid digest

ICP-AES Ag-OG62. If samples returned > 1,500 g/t Ag, they were analysed by fire assay

with gravimetric finish on a 30g sample (Ag -GRA21). Historic 2000 Ag samples were

analysed at ALS by ICP-MS Ag 9225.

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.

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