In this KE Report update, Tara Christie, President & CEO, and Duncan MacKay, VP of Exploration at Banyan Gold, provide a deep dive into the company’s newly developed geological model for the AurMac Gold Project. This technical discussion highlights how the updated model is reshaping Banyan’s resource definition, exploration strategy, and potential investor appeal.
Key Discussion Points:
- Why geological models matter – from defining resources to attracting institutional interest.
- How the new lithology-constrained model improved confidence, resulting in a high inferred-to-indicated conversion rate in the July resource update.
- Identifying and expanding high-grade cores, including recent standout intercepts such as 38m @ 3.95 g/t Au.
- Converting waste rock to mineable material and unlocking new ounces within the pit shell.
- Exploration potential beyond the current resource footprint, with 10% of the drill budget dedicated to pure exploration in 2025.
With over 100 holes drilled this year and only a fraction of results released, Banyan anticipates a news-rich fall season. The combination of high-grade growth, strong financial positioning, and proximity to producing mines could position AurMac as a key asset in potential M&A activity.
Questions for Tara or Duncan? Email fleck@kereport.com and we may address them in an upcoming follow-up.