Results Reported for Definition Drilling at Airstrip Area, AurMac Gold Project, Yukon
Eagle Royalties (CSE:ER.CN) reported encouraging drill results from Banyan Gold Corp.'s AurMac project in Yukon, where Eagle holds 2% or 1% royalty interests on the Airstrip resource area. Results from 9 of 25 holes showed significant gold intercepts, with 7 holes in the 2% NSR area and 2 in the 1% NSR area.
Notable results include intersections of 36.2m at 1.14 g/t Au, 21.7m at 1.35 g/t Au, and 46.4m at 1.31 g/t Au. Banyan's 2024 exploration program completed 118 drill-holes totaling over 21,000m, with results pending for 16 additional drillholes within Eagle's 2% NSR area.
Metallurgical tests showed promising recovery rates of 93% at Powerline and 90% at Airstrip. Banyan plans a Resource update in Q2 2025 and a Preliminary Economic Assessment in Q4 2025.
Eagle Royalties (CSE:ER.CN) ha riportato risultati promettenti dai sondaggi del progetto AurMac di Banyan Gold Corp. nello Yukon, dove Eagle detiene interessi royalty del 2% o 1% nell'area delle risorse Airstrip. I risultati di 9 dei 25 fori hanno mostrato significativi intercetti d'oro, con 7 fori nell'area del 2% NSR e 2 nell'area del 1% NSR.
I risultati notevoli includono intersezioni di 36.2m a 1.14 g/t Au, 21.7m a 1.35 g/t Au e 46.4m a 1.31 g/t Au. Il programma di esplorazione 2024 di Banyan ha completato 118 fori di sondaggio per un totale di oltre 21.000m, con risultati in attesa per ulteriori 16 fori all'interno dell'area 2% NSR di Eagle.
I test metallurgici hanno mostrato tassi di recupero promettenti del 93% a Powerline e del 90% a Airstrip. Banyan prevede un aggiornamento delle risorse nel Q2 2025 e una valutazione economica preliminare nel Q4 2025.
Eagle Royalties (CSE:ER.CN) informó resultados alentadores de perforación del proyecto AurMac de Banyan Gold Corp. en Yukon, donde Eagle tiene intereses de regalías del 2% o 1% en el área de recursos de Airstrip. Los resultados de 9 de 25 pozos mostraron intersecciones significativas de oro, con 7 pozos en el área del 2% NSR y 2 en el área del 1% NSR.
Los resultados notables incluyen intersecciones de 36.2m a 1.14 g/t Au, 21.7m a 1.35 g/t Au, y 46.4m a 1.31 g/t Au. El programa de exploración 2024 de Banyan completó 118 perforaciones totalizando más de 21,000m, con resultados pendientes para 16 perforaciones adicionales dentro del área 2% NSR de Eagle.
Las pruebas metalúrgicas mostraron tasas de recuperación prometedoras del 93% en Powerline y del 90% en Airstrip. Banyan planea una actualización de Recursos en el Q2 2025 y una Evaluación Económica Preliminar en el Q4 2025.
이글 로열티 (CSE:ER.CN)는 유콘주 반얀 골드 코퍼레이션의 아우르맥 프로젝트에서 고무적인 시추 결과를 보고했습니다. 이글은 에어스트립 자원 지역에 대해 2% 또는 1%의 로열티 관심을 보유하고 있습니다. 25개의 구멍 중 9개의 결과는 중요한 금시생을 보여주었으며, 2% NSR 지역에서 7개 구멍, 1% NSR 지역에서 2개 구멍이 포함되었습니다.
주목할 만한 결과로는 36.2m에서 1.14 g/t Au, 21.7m에서 1.35 g/t Au, 그리고 46.4m에서 1.31 g/t Au의 교차점이 포함됩니다. 반얀의 2024 탐사 프로그램은 21,000m 이상에 해당하는 118개의 시추 구멍을 완료했으며, 이글의 2% NSR 지역 내 추가 16개의 시추 구멍에 대한 결과는 대기 중입니다.
금속 시험에서는 파워라인에서 93%, 에어스트립에서 90%의 유망한 회수율이 나타났습니다. 반얀은 2025년 2분기에 자원 업데이트를 계획하고 있으며, 2025년 4분기에는 예비 경제 평가를 예정하고 있습니다.
Eagle Royalties (CSE:ER.CN) a rapporté des résultats encourageants de forage du projet AurMac de Banyan Gold Corp. dans le Yukon, où Eagle détient des intérêts de redevances de 2% ou 1% sur la zone de ressources Airstrip. Les résultats de 9 des 25 forages ont montré des intercepts d'or significatifs, avec 7 forages dans la zone de 2% NSR et 2 dans la zone de 1% NSR.
Les résultats notables incluent des intersections de 36,2 m à 1,14 g/t Au, 21,7 m à 1,35 g/t Au et 46,4 m à 1,31 g/t Au. Le programme d'exploration 2024 de Banyan a complété 118 trous de forage totalisant plus de 21 000 m, avec des résultats en attente pour 16 autres trous de forage dans la zone 2% NSR d'Eagle.
Les tests métallurgiques ont montré des taux de récupération prometteurs de 93% à Powerline et de 90% à Airstrip. Banyan prévoit une mise à jour des ressources au deuxième trimestre 2025 et une évaluation économique préliminaire au quatrième trimestre 2025.
Eagle Royalties (CSE:ER.CN) berichtete über ermutigende Bohrergebnisse des AurMac-Projekts von Banyan Gold Corp. im Yukon, wo Eagle 2% oder 1% Royalty-Interessen im Bereich der Airstrip-Ressourcen hält. Die Ergebnisse von 9 der 25 Löcher zeigten signifikante Goldinterzeptionen, mit 7 Löchern im 2% NSR-Bereich und 2 im 1% NSR-Bereich.
Bemerkenswerte Ergebnisse umfassen Schnittstellen von 36,2 m bei 1,14 g/t Au, 21,7 m bei 1,35 g/t Au und 46,4 m bei 1,31 g/t Au. Das Explorationsprogramm 2024 von Banyan hat insgesamt 118 Bohrlöcher und mehr als 21.000 m abgeschlossen, mit ausstehenden Ergebnissen für 16 weitere Bohrlöcher im 2% NSR-Bereich von Eagle.
Metallurgische Tests zeigten vielversprechende Rückgewinnungsraten von 93% bei Powerline und 90% bei Airstrip. Banyan plant ein Ressourcen-Update im 2. Quartal 2025 und eine vorläufige Wirtschaftliche Bewertung im 4. Quartal 2025.
- High-grade gold intersections reported in multiple drill holes
- Strong metallurgical recovery rates of 90-93%
- Extensive drilling program with 21,000m completed
- Resource update and PEA planned for 2025
- access to property information as a royalty holder
- Uncertainty in final surveyed locations of drill hole traces
CRANBROOK, BC / ACCESS Newswire / February 3, 2025 / Eagle Royalties Ltd. (CSE:ER.CN) or ("Eagle Royalties") has recently learned of encouraging drill hole intercepts in the Airstrip inferred resource area of Banyan Gold Corp.'s AurMac project in central Yukon (see Jan 29th BYN news release here). Eagle Royalties holds royalty interests of
According to the recent announcement, Banyan has reported results for 9 of 25 holes which appear to be drilled within the Airstrip resource area, with 7 of the holes falling within the
Highlighted Airstrip Assay Results Relating to Eagle Royalties**:
AX-24-597: 36.2 metres ("m") of 1.14 g/t Au from 20.8 m
AX-24-598: 21.7 m of 1.35 g/t Au from 51.3 m
AX-24-600: 23.4 m of 1.35 g/t Au from 36.7 m
AX-24-602: 65.5 m of 0.53 g/t Au from surface (3.2 m)
AX-24-604: 46.4 m of 1.31 g/t Au from 55.8 m
AX-24-609: 68.1 m of 0.37 g/t Au from 38.9 m
AX-24-612: 64.5 m of 0.36 g/t Au from 149.5 m
AX-24-615: 62.5 m of 0.44 g/t Au from 133.4 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 January 29th, 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 85 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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