Banyan Gold – Multiple High-Grade Silver Drill Results At AurMac
In this KE Report company update, we’re joined by Tara Christie, President & CEO of Banyan Gold, alongside Duncan MacKay, Vice President of Exploration, to break down the company’s growing silver discovery at the AurMac Gold Project in Yukon.
Banyan Gold is best known for its large-scale gold asset, with over 7.7 million ounces of gold (indicated + inferred) already defined at AurMac. Recent drilling has now uncovered high-grade silver mineralization, introducing a potential new value driver layered on top of the existing gold resource.
If you have any follow up questions for Tara please email me at Fleck@kereport.com.
Click here to visit the Banyan Gold website – https://banyangold.com/
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It is nothing short of amazing to think that many silver miners especially the juniors have failed to rocket higher on these astounding physical silver prices. It tells me that our sector is totally forgotten by the generalist investors. This has been the case for many, many years. In fact the percentage of the public buying mining shares has slipped dramatically over the last 50 years. DT
Over the very long run, the silver miners have been beyond horrendous vs the metal, that’s just empirical fact.
Of course they can outperform the metal, but you would have been wise to short the miners vs the metal any time the ratio has come up against any sort of technical resistance, be it a multiyear descending trendline or prior multiyear peak–again, that is just a fact.
For the miners to make a multiyear run vs the metal in which they exceed tops made 5 or more years ago, much less 20 years ago, it will have to be a generational move. It’s literally something that has never happened before–at least as far back as charts go.
For example, Hecla has been a standout performer, but HL:SLV hasn’t even exceeded its 2021 peak! If the ratio can stay positive this week, however, HL:SLV will have closed above a major descending trendline created by the 2016 and 2021 peaks. Whoopee! It’ a miracle! (I suppose it’s a start!) Think about that–despite HL’s ridiculous run, it still hasn’t outperformed the metal over the last 5 years.
The silver miners are going to have to pull off something special for SIL:SLV to exceed the September ’25 peak in the near term.