Additional Results Reported for Definition Drilling at AurMac Gold Project, Yukon
Eagle Royalties (CSE:ER.CN) has reported new drill results from Banyan Gold Corp.'s AurMac project in Yukon, where it holds royalty interests ranging from 0.5% to 2%. Six of 13 holes drilled within the 1% royalty area showed significant gold intercepts, with notable results including:
- 32.0m of 1.56 g/t Au from 41.21m (AX-24-627)
- 46.6m of 0.51 g/t Au from 43.4m (AX-24-631)
- 33.2m of 0.73 g/t Au from 133.0m (AX-24-633)
Banyan's 2024 exploration program, completed in mid-October, included 118 drill-holes totaling over 21,000m. Test recoveries showed 93% at Powerline and 90% at Airstrip using conventional mill processing. Banyan plans a Resource update in Q2 2025 and a Preliminary Economic Assessment in Q4 2025.
Eagle Royalties (CSE:ER.CN) ha riportato nuovi risultati di perforazione dal progetto AurMac di Banyan Gold Corp. nello Yukon, dove detiene diritti di royalty che variano dallo 0,5% al 2%. Sei dei 13 pozzi perforati all'interno dell'area con royalty dell'1% hanno mostrato intercepts significativi di oro, con risultati notevoli tra cui:
- 32,0m di 1,56 g/t Au a partire da 41,21m (AX-24-627)
- 46,6m di 0,51 g/t Au a partire da 43,4m (AX-24-631)
- 33,2m di 0,73 g/t Au a partire da 133,0m (AX-24-633)
Il programma di esplorazione di Banyan del 2024, completato a metà ottobre, ha incluso 118 perforazioni per un totale di oltre 21.000m. I recuperi di prova hanno mostrato il 93% a Powerline e il 90% ad Airstrip utilizzando un processo di lavorazione convenzionale. Banyan prevede un aggiornamento delle risorse nel secondo trimestre del 2025 e una valutazione economica preliminare nel quarto trimestre del 2025.
Eagle Royalties (CSE:ER.CN) ha informado nuevos resultados de perforación del proyecto AurMac de Banyan Gold Corp. en Yukón, donde posee intereses de regalías que van del 0.5% al 2%. Seis de los 13 agujeros perforados en el área de regalías del 1% mostraron intercepciones significativas de oro, con resultados notables que incluyen:
- 32.0m de 1.56 g/t Au desde 41.21m (AX-24-627)
- 46.6m de 0.51 g/t Au desde 43.4m (AX-24-631)
- 33.2m de 0.73 g/t Au desde 133.0m (AX-24-633)
El programa de exploración de Banyan del 2024, completado a mediados de octubre, incluyó 118 agujeros de perforación que totalizaron más de 21,000m. Las recuperaciones de prueba mostraron un 93% en Powerline y un 90% en Airstrip utilizando procesamiento de molino convencional. Banyan planea una actualización de Recursos en el segundo trimestre de 2025 y una Evaluación Económica Preliminar en el cuarto trimestre de 2025.
이글 로열티 (CSE:ER.CN)는 유콘의 바냔 골드 코프의 오르맥 프로젝트에서 새로운 시추 결과를 보고했습니다. 이곳에서 0.5%에서 2%까지의 로열티 권리를 보유하고 있습니다. 1% 로열티 지역 내에 시추된 13개 홀 중 6개 홀에서 상당한 금 시추 결과가 나타났으며, 특히 주목할 만한 결과는 다음과 같습니다:
- 41.21m에서 1.56 g/t Au의 32.0m (AX-24-627)
- 43.4m에서 0.51 g/t Au의 46.6m (AX-24-631)
- 133.0m에서 0.73 g/t Au의 33.2m (AX-24-633)
바냔의 2024년 탐사 프로그램은 10월 중순에 완료되었으며, 총 118개 시추 홀에서 21,000m 이상의 시추가 이루어졌습니다. 테스트 회수율은 파워라인에서 93%, 공항 활주로에서 90%로 나타났으며, 전통적인 밀 가공을 사용했습니다. 바냔은 2025년 2분기에 자원 업데이트를, 2025년 4분기에 경제적 초기 평가를 계획하고 있습니다.
Eagle Royalties (CSE:ER.CN) a rapporté de nouveaux résultats de forage du projet AurMac de Banyan Gold Corp. au Yukon, où il détient des droits de redevance allant de 0,5% à 2%. Six des 13 trous de forage réalisés dans la zone de redevance de 1% ont montré des intercepts significatifs d'or, avec des résultats notables comprenant :
- 32,0m de 1,56 g/t Au à partir de 41,21m (AX-24-627)
- 46,6m de 0,51 g/t Au à partir de 43,4m (AX-24-631)
- 33,2m de 0,73 g/t Au à partir de 133,0m (AX-24-633)
Le programme d'exploration de 2024 de Banyan, terminé à la mi-octobre, a inclus 118 trous de forage totalisant plus de 21 000m. Les taux de récupération tests ont montré 93 % à Powerline et 90 % à Airstrip utilisant un traitement de moulin conventionnel. Banyan prévoit une mise à jour des ressources au deuxième trimestre de 2025 et une évaluation économique préliminaire au quatrième trimestre de 2025.
Eagle Royalties (CSE:ER.CN) hat neue Bohrergebnisse aus dem AurMac-Projekt von Banyan Gold Corp. im Yukon gemeldet, wo es Lizenzgebühren von 0,5% bis 2% hält. Sechs von 13 gebohrten Löchern im 1%-Lizenzgebiet wiesen signifikante Goldinterzeptionen auf, mit besonderen Ergebnissen wie:
- 32,0m von 1,56 g/t Au ab 41,21m (AX-24-627)
- 46,6m von 0,51 g/t Au ab 43,4m (AX-24-631)
- 33,2m von 0,73 g/t Au ab 133,0m (AX-24-633)
Das Explorationsprogramm von Banyan für 2024, das Mitte Oktober abgeschlossen wurde, umfasste 118 Bohrlöcher mit insgesamt über 21.000m. Die Testgewinnungen zeigten 93% bei Powerline und 90% bei Airstrip mit herkömmlicher Mahlenverarbeitung. Banyan plant ein Ressourcen-Update im 2. Quartal 2025 und eine vorläufige Wirtschaftsprüfung im 4. Quartal 2025.
- Strong gold intercepts reported in multiple drill holes, with significant widths and grades
- High recovery rates demonstrated: 93% at Powerline and 90% at Airstrip
- Upcoming catalysts with Resource update (Q2 2025) and PEA (Q4 2025)
- None.
CRANBROOK, BC / ACCESS Newswire / February 6, 2025 / Eagle Royalties Ltd. (CSE:ER.CN) or ("Eagle Royalties") has recently learned of encouraging drill hole intercepts from Banyan Gold Corp.'s AurMac project in central Yukon (see Feb 4th BYN news release here). Eagle Royalties holds royalty interests ranging from
According to the recent announcement, Banyan has reported results for 6 of 13 holes which appear to be drilled within the area of claims subject to a
Highlighted Assay Results Relating to Eagle Royalties**:
AX-24-622: 12.6 metres ("m") of 1.60 g/t Au from 318.5 m
AX-24-625: 13.1m of 0.48 g/t Au from 138.1m
AX-24-627: 32.0 m of 1.56 g/t Au from 41.21 m
AX-24-630: 9.0m of 1.20 g/t Au from 86.0m
AX-24-631: 46.6 m of 0.51 g/t Au from 43.4 m
AX-24-633: 33.2 m of 0.73 g/t Au from 133.0 m
*Complete analytical results can be found within the original Banyan news release here
**true widths are estimated to be approximately
See drill-hole locations here
The above technical information relating to drill collar location and analytical results have been taken directly from the Banyan Gold news release dated February 4th, 2025. More detailed drilling information, analytical procedures and results are available in the full news release issued by Banyan. Eagle Royalties management believes that although the reported true thickness estimates and drill collar location coordinates are accurate, it cautions that ER does not have detailed geological data or final surveyed locations of the drill hole traces in relation to the claims that are underlain by the ER royalty interests.
As reported by Banyan, the company initiated its 2024 exploration program on June 1 2024, and has completed 118 drill-holes and over 21,000 m of drilling within the Powerline and Airstrip deposit areas. Drilling was reportedly completed in mid-October and to date, Banyan has released results for 98 of the drill holes. Results are pending for an additional 16 drillholes within the boundaries of the ER
On September 16th 2024 Banyan reported test recoveries of
Banyan has also recently announced plans for 2025 work at the AurMac (see Jan 7th BYN news release here), which include a Resource update in Q2 and a Preliminary Economic Assessment (PEA) in Q4.
As a royalty holder, Eagle Royalties has limited, if any, access to the properties subject to its interests. The company generally relies on publicly available information regarding these properties and related operations and often has no ability to independently verify such information. In addition, such publicly available information may relate to a larger property area than that covered by the company's interests.
Qualified Persons
Technical information in this News Release has been reviewed and approved by C.C. Downie, P.Geo., a director and officer of Eagle Royalties, hereby identified as the "Qualified Person" under N.I. 43-101.
About Eagle Royalties Ltd.
Eagle Royalties benefits from maintaining a strong treasury and holds a diverse portfolio of 38 royalty interests in western Canada. Target commodities subject to royalties include a broad spectrum including critical metals, precious metals, industrial minerals and diamonds. Its flagship royalty is associated with the AurMac Project located in Yukon, operated by Banyan Gold Corp. ER holds royalty interests ranging from
On behalf of the Board of Directors
"Tim J. Termuende"
President and CEO
For further information regarding ER, please contact Mike Labach, Business Development Officer, at
1 866 HUNT ORE (486 8673)
Email: info@eagleroyalties.com or visit our website at https://www.eagleroyalties.com/
Cautionary Note Regarding Forward-Looking Statements
Neither the CSE nor any other regulatory body has reviewed or approved the contents of this news release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming financings, work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
SOURCE: Eagle Royalties Ltd.
View the original press release on ACCESS Newswire
FAQ
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