gold belt
The Yukon is a significant location for the mining sector due to its rich mineral resources and favourable conditions for exploration and development.
The north of Canada holds immense untapped geological potential, attracting direct investors and corporate attention. Ongoing exploration and development efforts are actively taking place in the region.
Boasting a multi-million ounce and growing gold resource, the company is strategically positioned in Yukon's prestigious Mayo mining district, flanked by renowned neighbours like Victoria Gold and Hecla. Banyan Gold is bolstered by strong infrastructure, positive community relations, and substantial financing.
The company acquired the Fenn-Gib deposit, containing 2 million ounces of resources in the Timmins area, and has conducted extensive drilling, increasing the resource to approximately 3.7 million ounces.