Banyan Gold Corp (OTCPK:BYAGF)

$ 0.1331 0.00365 (2.82%) Market Cap: 44.49 Mil Enterprise Value: 30.89 Mil PE Ratio: 0 PB Ratio: 1.02 GF Score: 37/100

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Sep 14, 2022 / 09:15PM GMT

Release Date Price: $0.276 (-2.47%)

Transcript

Tara Christie

Banyan Gold Corp. - President & CEO

Great. Well, thank you all for coming to our presentation. I'm really pleased to be given -- be able to give you this update and show you how we followed up on our commitments to shareholders from last year at this time. This image is our project area. In this image, you can see where our 4-million-ounce resource is located. And you can see there is very moderate topography. In the foreground is the Airstrip area, and that low rolling hills is Aurex Hill.

I'll be making forward-looking statements and encourage you to check out our website for more information. We came out this spring with a 4-million-ounce resource after our program. That was after our 2020 resource of 900,000 ounces. We had drilled 40,000 meters, which went into this updated resource.

And we believe that we have expansion potential to get this to Tier 1 status. And for those of you who might not know what Tier 1 status is, that's where majors categorize deposits which have over 6 million ounces and can produce 300,000 ounces for 10 years. So that is our next

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