BYN.V · 2025-06-25 12:00:00

Banyan Intersects 3.95 g/t Gold Over 38.1 Metres at the Airstrip Deposit, AurMac Project, Yukon, Canada

Drill Results

Banyan Intersects 3.95 g/t Gold Over 38.1 Metres at the Airstrip

Deposit, AurMac Project, Yukon, Canada

June 25, 2025, TSX-V: BYN

VANCOUVER, BC, June 25, 2025 - Banyan Gold Corp. (the "Company" or "Banyan") (TSX-V:

BYN) (OTCQB: BYAGF) is pleased to announce initial assay results from its 2025 diamond drill

program from the Airstrip Deposit area, of the AurMac Project (“AurMac” or the “Project”), Yukon,

Territory.

Assay highlights include:

• AX-25-643: 19.1 metres (“m”) of 0.99 g/t gold (“Au”) from 7.7 m

o Including 3.8 m of 1.54 g/t Au from 22.8 m

• AX-25-650: 38.1 m of 3.95 g/t Au from 79 m

o Including 9.88 g/t Au over 5.3 m and 4.14 g/t Au over 22.5 m

• AX-25-652: 24.2 m of 1.19 g/t Au from 50 m

o Including 3.2 m of 7.60 g/t Au from 60.47 m

• AX-25-654: 21.2 m of 1.38 g/t Au from 50.8 m

o Including 1.9 m of 11.09 g/t Au from 52.3 m

• AX-25-658: 28.3 m of 1.31 g/t Au from 10.1 m

o Including 4.6 m of 4.06 g/t Au from 15.35 m

o Including 9.9 m of 1.61 g.t Au from 28.5 m

“The initial drilling at the Airstrip Deposit in 2025, has successful ly followed up on the contact

between the felsic dyke and the host metasedimentary unit where , in 2024 , AX-24-590

intersected 9.32 g/t Au over 15.9 m (see News Release February 19, 2025).” said Tara Christie,

President and CEO. “The 2025 drill program will continue to trace this mineralization laterally and

up-dip to delineate near -surface high -grade ounces as we advance towards a Preliminary

Economic Assessment (“PEA”).”

“Consistent h igh-grade gold mineralization within the skarn zone in the Airstrip Deposit is

demonstrated in hole AX-650 with 4.14 g/t Au over 22.5 m, and including samples with 41.1

g/t Au over 0.97 m, 51.2 g/t Au over 0.63 m, 32.7 g/t Au over 0.55 m and 41.1 g/t Au over

0.97 m,” stated Duncan Mackay, Vice President of Exploration. “ There is potential to increase

grade and ounces at Airstrip towards a near surface starter pit, with continued drilling.”

Image 1: Strongly mineralized calc-silicate alteration proximal to contact with mineralized felsic dyke in AX-25-650.

Image2: Instances of visible gold observed in the Airstrip Deposit from drill holes AX -25-650 and AX-25-652. Left and

right: visible gold is observed in discordant quartz veins and is often associated with bismuthinite, arsenopyrite,

pyrrhotite, and pyrite.

Image 3: Visible gold associated with “skarn” style mineralization in calc-silicate altered calcareous metasedimentary

rock containing semi-massive pyrrhotite and fine- to coarse-grained arsenopyrite and pyrite. Sample 5336336

returned 32.7 g/t Au over 0.55 m.

Table 1: Significant drill hole assay intervals for 2025 drilling at Airstrip Deposit

HOLE NUMBER Depth from (m) Depth to (m) Interval (m) Au (g/t)

AX-25-640 18.7 27.1 8.4 0.31

and 46.0 59.0 13.0 0.72

including 53.7 59.0 5.3 1.25

and 92.5 104.7 12.2 0.29

AX-25-642 6.1 7.6 1.5 0.88

and 30.5 31.9 1.4 0.60

and 54.3 60.2 5.9 1.11

and 88.1 89.6 1.5 0.52

and 111.9 113.2 1.3 0.34

AX-25-643 7.7 26.8 19.1 0.99

including 23.0 26.8 3.8 1.54

and 56.4 68.2 11.8 0.23

and 93.5 100.9 7.4 0.16

AX-25-6501 79.0 117.1 38.1 3.95

including 79.0 84.3 5.3 9.88

including 87.6 93.6 6.0 0.77

including 94.6 117.1 22.5 4.14

and 129.1 145.8 16.7 0.57

and 162.3 166.8 4.5 0.52

and 196.8 198.4 1.6 0.56

and 214.0 215.4 1.4 2.64

AX-25-6522 27.0 28.4 1.4 0.39

and 50.0 74.2 24.2 1.19

including 60.5 63.7 3.2 7.60

and 127.2 135.4 8.2 0.20

and 247.2 249.5 2.3 1.55

and 261.0 299.0 38.0 0.43

AX-25-6543 15.5 18.5 3.0 0.64

and 50.8 72.0 21.2 1.38

including 52.3 54.2 1.9 11.09

and 100.6 102.2 1.6 1.23

and 212.3 213.8 1.5 0.43

and 220.9 222.4 1.5 0.40

AX-25-658 10.1 38.4 28.3 1.31

including 15.4 20.0 4.6 4.06

and including 28.5 38.4 9.9 1.61

and 53.3 55.0 1.7 0.57

and 74.3 74.9 0.6 2.52

and 100.7 102.3 1.6 11.77

including 101.7 102.3 0.6 23.30

and 123.2 126.2 3.0 0.58

and 153.5 155.0 1.5 0.40

*Note: True widths are estimated to be approximately 90% of drilled intervals unless noted otherwise

1True thickness for AX-25-650 estimated to approx. 41% of drill intervals in this hole (eg. main interval is approx. 15.5 m true thickness)

2True thickness for AX-25-652 estimated to approx. 54% of drill intervals in this hole (eg. main interval is approx. 13.2 m true thickness)

3True thickness for AX-25-654 estimated to approx. 45% of drill intervals in this hole (eg. main interval is approx. 9.6 m true thickness)

Table 2: Collar info for Airstrip Drillholes

Collar ID East NAD83_Z8 North NAD83_Z8 Elev. (m) Azimuth Dip (°) Depth (m)

AX-25-640 467053 7084043 782 0 -60 111.2

AX-25-642 466993 7084045 779 0 -60 115.8

AX-25-643 466929 7084044 777 0 -60 111.2

AX-25-650 467028 7084067 780 245 -50 225.6

AX-25-652 467028 7084063 780 180 -70 303.3

AX-25-654 467030 7084062 780 120 -65 228.0

AX-25-658 467343 7084010 791 0 -60 157.0

Airstrip Deposit

Drillhole AX-25-650 was drilled to a length of 225.55 m at an azimuth of 245° and dip of -50° with

the goal of testing continuity of calc -silicate hornfels alteration and related mineralization in

proximity to the felsic dyke-calcareous metasedimentary rock contact. The drillhole successfully

intersected several sections of “skarn” style mineraliz ation with semi -massive pyrrhotite and

coarse-grained arsenopyrite and pyrite, typical of relatively high -grade gold mineralization in

Airstrip as well as the first instance of visible gold in this style of mineralization observed at site

(Images 1 and 2). Visible gold intersected in Airstrip is hosted in skarn mineralization and samples

returned the highest gold grades in this deposit to date (51.2 g/t Au over 0.63 m, 32.7 g/t Au

over 0.55 m and 41.1 g/t Au over 0.97 m in hole AX-25-650). Drillholes AX-25-650, AX-25-652,

and AX-25-654 were drilled off angle to test continuity of the skarn-style mineralization.

Six other drillholes included in this release confirm high -grade mineralization in the calcareous

metased-felsic dyke contact domain ( Image 4; Table 1). A set -out hole in AX -25-658 has also

extended the mineralized envelope for Airstrip approximately 75m east and 50m north of previous

drilling with a near surface intersection ( 28.3 m at 1.31 g/t Au, including 4.6 m at 4.06 g/t Au

and including 9.9 m at 1.61 g/t Au in hole AX-25-658).

Image 4: Plan map of Airstrip Deposit showing location of 2025 diamond drill holes. Section line for Image 5 (black

line).

Image 5: A cross section through Airstrip Deposit. High-grade gold mineralization in Airstrip is associated with semi-

massive pyrrhotite mineralization, arsenopyrite, and pyrite in “skarn” style contact aureoles associated with felsic

dykes intruding into calcareous metasedimentary rocks.

2025 Exploration Program Update

To date, the 2025 drill program has completed 63 drill holes and 16,707 m with three drills on site.

The Company has updated its logging and database programs with a centralized server and the

ability to add data to its models in real time.

In addition, the company has been following up on geophysical anomalies on Nitra and AurMac

with a soil sampling program.

Upcoming Events

• The Rule Symposium, Boca Raton, July 7-11, 2025

o Breakfast Presentation: July 11 at 7:15 AM GMT | Corporate Update featuring Jeff

Clark with “Three Reasons Large Gold Deposits Will Get Re-Rated”

• Invest Yukon Property Tours, July 12-14, 2025

• TSX Venture Growth Capital Event, Kelowna, July 18-20, 2025

• Precious Metals Summit, Beaver Creek, September 9-12, 2025

o Corporate Presentation: September 10 at 8:15 AM MDT

• GCFF Conference, Vancouver, September 20, 2025

• 121 Hong Kong, September 24-25, 2025

Qualified Persons

Duncan Mackay, 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.

About Banyan

Banyan's primary asset, the AurMac Project is located in Canada’s Yukon Territory. The

current inferred Mineral Resource Estimate (“MRE”) for the AurMac Project of 7.0 million ounces

has an effective date of February 6, 2025. The 215.3 square kilometres (“sq km”) AurMac

Project lies 40 km from Mayo, Yukon. The AurMac Project is transected by a Yukon

highway and benefits from a 3-phase powerline, existing power station and cell phone

coverage. Banyan has the right to earn up to a 100% interest, in both the Aurex and

McQuesten Properties respectively, subject to certain royalties.

The inferred MRE for the AurMac Project consist of 7,003,000 ounces of gold (see Table 3)

hosted within near surface, road accessible pit constrained Mineral Resources contained in two

near/on-surface deposits: the Airstrip and Powerline Deposits.

Table 3: Pit-Constrained Inferred Mineral Resources – AurMac Project

Deposit Gold Cut-Off

(g/t)

Tonnage

(Tonnes)

Average Gold

Grade (g/t)

Contained Gold

(oz.)

Inferred

Airstrip 0.30 35,243,000 0.75 845,000

Powerline 0.30 312,243,000 0.61 6,158,000

Total Combined 0.30 347,486,00 0.63 7,003,000

Notes:

1. The effective date for the MRE is February 6, 2025, and was prepared by Marc Jutras, P.Eng., M.A.Sc.,

Principal, Ginto Consulting Inc., an independent Qualified Person in accordance with the requirements of

NI43-101. The technical report supporting the Resource Estimate entitled “AurMac Property, Mayo Min ing

District, Yukon Territory, Canada” (the “Technical Report”) has been filed on SEDAR at www.sedarplus.ca on

May 30, 2025.

2. Mineral Resources, which are not Mineral Reserves, do not have demonstrated economic viability. The

estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation,

sociopolitical, marketing, changes in global gold markets or other relevant issues.

3. The CIM Definition Standards were followed for classification of Mineral Resources. The quantity and grade

of reported Inferred Mineral Resources in this estimation are uncertain in nature and there has been insufficient

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