Banyan Gold (TSXV:BYN) - +7Moz Gold Project Getting Bigger with Higher Grades
ฝัง
- เผยแพร่เมื่อ 10 ก.พ. 2025
- Interview with Tara Christie, President & CEO of Banyan Gold Corp.
Our previous interview: www.cruxinvest...
Recording date: 4th February 2025
Banyan Gold Corp. (TSXV:BYN) is advancing its AurMac gold project in the Yukon, which currently hosts 7 million ounces of gold. The company's recent drilling program has successfully identified higher-grade zones within the proposed starter pits, highlighted by intercepts including 1.6 g/t gold over 32 meters between the Powerline and Airstrip zones.
The company is working to earn 100% ownership of AurMac and must complete an updated mineral resource estimate and preliminary economic assessment (PEA) in 2025 to satisfy the final earn-in requirements. While some recent high-grade drill results won't be included in this update due to timing constraints, CEO Tara Christie views the upcoming resource update and PEA as an interim snapshot, with significant potential for continued growth.
Christie believes the deposit could expand to 10 million ounces with additional drilling. The company's technical team is currently evaluating drill targets to identify areas with the highest probability of adding high-grade ounces and expanding the mineralized footprint.
Banyan is well-funded for its 2025 activities, having deliberately conserved cash in 2024 during challenging market conditions. The company plans to continue aggressive drilling while advancing engineering studies beyond the upcoming resource update and PEA.
Currently trading at a market valuation of approximately C$63 million, Banyan's valuation of $5 per ounce of gold in the ground represents a substantial discount to its peers, who trade at US$30-50 per ounce. The company's share price suffered a 50% decline in June 2024 due to external market factors, but with gold prices reaching C$4,100 and improving market sentiment, Banyan appears well-positioned for a recovery.
The macro environment remains supportive of gold equities, with factors including rising geopolitical tensions, elevated inflation, and increasing central bank gold purchases. The mining industry's improved capital discipline and the scarcity of large, developable gold deposits in stable jurisdictions further strengthen the investment case for companies like Banyan.
With existing infrastructure including power lines and roads on the property, a substantial resource base in a mining-friendly jurisdiction, and multiple near-term catalysts, Banyan offers investors exposure to a rapidly advancing gold project with significant upside potential. The company's upcoming resource update and PEA in 2025 could serve as key catalysts for a market revaluation.
View Banyan Gold's company profile: www.cruxinvest...
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Very undervalued imho
Re-rating coming soon to this company imo. Very undervalued and overlooked. The size and grade of the deposit is similar to Blackwater in BC owned by Artemis and just look at their market cap. BYN' deposit is likely bigger. Time to get positioned is now imo with gold reaching ATHs.
If there is a buyout, when could we expect that to happen? after the PEA, etc...
I think it's imperative they continue to drill it out to dilineate the true size potential of the deposit. If they don't do this then investor will get short changed on any buyout.