Banyan Gold

What Banyan Gold does

Banyan Gold Corp. (TSX-V: BYN) is a Canadian gold exploration and development company headquartered in Vancouver, with primary operations focused on its flagship AurMac Project in Yukon, Canada. The company is transitioning from explorer to developer, with a Preliminary Economic Assessment (PEA) expected in H2 2026. AurMac hosts indicated resources of 3.639 million ounces of gold and inferred resources of 4.985 million ounces — over 8 million ounces in total — across its Powerline and Airstrip deposits, with recent mid-2026 drilling confirming a new high-grade skarn-hosted zone at Powerline Southwest (5.58 g/t Au over 21.7m, peak 62.66 g/t Au over 1.8m) and a separate high-grade silver vein system.

The business model is pre-revenue: Banyan funds exploration and development through equity financings (four raises totaling ~$77M USD across June 2024 to April 2026, including a C$46.5M round in April 2026) and royalty transactions, notably Franco-Nevada's $52.2M purchase of an NSR on ~13% of the AurMac area. Core technology is conventional diamond drilling supported by geophysical surveys for target identification. The company's product surface includes the AurMac flagship, the Nitra greenfield exploration project (7,500m drill program, 10 targets), and recently acquired Yukon claims from Generic Gold (2,158 claims) and Mayo Lake Minerals (Trail-Minto), bringing total land position to approximately 1,200 square kilometers in the Tintina Gold Belt. The customer base is effectively capital markets — institutional and retail investors seeking gold-price exposure — with end-customer revenue dependent on future mine development, off-take agreements, or a corporate transaction. The company is small (1-10 employees), publicly traded, and led by CEO Tara Christie with strategic support from John Robins.

Name

Banyan Gold

Legal name

Banyan Gold Corp.

Website

https://banyangold.com

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Banyan Gold is a pre-revenue Canadian gold exploration and development company advancing its flagship AurMac Project in Yukon, Canada, which hosts over 8 million ounces of gold resources across the Powerline and Airstrip deposits, with a PEA expected in H2 2026.

Ownership category

akta.pro rank

Product category

Gold Exploration and Development

NAICS

Gold Ore and Silver Ore Mining (212220), Gold Ore and Silver Ore Mining (21222)

SIC

Gold And Silver Ores (1040), Metal Mining (1000)

akta.pro primary industry

Gold Mining (IMAKAEAA)

akta.pro secondary industries

Precious Metals Exploration & Project Development (IMAKAEAI), Silver Mining (IMAKAEAB)

Keywords

• Gold exploration
• Mineral development
• Precious metals mining
• Gold resource expansion
• Diamond drilling programs

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Technology or R&D, Personnel

Revenue model

1. Pre-Production Gold Exploration: The company is in the exploration and development phase, working toward gold production. Current operations are funded by equity financings and royalty agreements. No current revenue from production; future revenue will come from gold sales upon successful development of the AurMac project.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Banyan Gold is a Canadian gold exploration and development company advancing the AurMac Project in Yukon, Canada — a flagship gold asset hosting over 8 million ounces of indicated and inferred resources across the Powerline and Airstrip deposits. The company conducts diamond drilling and geophysical surveys to expand and define gold resources, supported by a fully-funded 70,000-meter drilling program with a Preliminary Economic Assessment expected in H2 2026.

Product overview

Banyan Gold is a gold exploration and development company transitioning from explorer to mine developer. The company's core asset is the AurMac Project, a flagship gold development project hosting over 8 million ounces of total gold resources. The project comprises the Powerline and Airstrip deposits, with a fully-funded 70,000-meter drilling program underway and a Preliminary Economic Assessment expected in H2 2026. Supporting the main project is the Nitra Project in the Tombstone Gold Belt for greenfields exploration. The company has expanded its land position to approximately 1,200 square kilometers through strategic acquisitions including the Generic Gold Yukon Portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• AurMac Project Advanced gold development project in Yukon, Canada, comprising the Powerline and Airstrip deposits. Hosts over 8 million ounces of indicated and inferred gold resources and is supported by a fully-funded drilling program and a Preliminary Economic Assessment expected in H2 2026. Aimed at producing gold for commercial sale to refiners and major mining companies.
• Nitra Project Greenfields gold exploration project in the Tombstone Gold Belt, Yukon, Canada, currently undergoing a 7,500-meter diamond drilling program testing 10 high-priority targets. Part of a district-scale land package where over 95% remains untested by drilling, providing long-term resource expansion optionality.
• Generic Gold Yukon Portfolio (Acquired) Acquired exploration portfolio comprising 2,158 claims across five claim blocks in the Tintina Gold Belt, including drill-ready targets with historical intercepts and early-stage prospects. Expands Banyan's exploration pipeline and leverages existing district-scale geologic dataset and camp infrastructure near the AurMac deposit.
• Trail-Minto Property Acquired property from Mayo Lake Minerals in Yukon, Canada, expanding Banyan's land position in the Mayo-Keno area. Mayo Lake retains a 2% NSR and a 1% NSR buyback option on the property.

Quantifiable outcome

• High-grade intercept of 5.58 g/t Au over 21.7m with peak of 62.66 g/t Au over 1.8m
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered major and minor.

• Generic Gold Corp.majorStrategic or Co-development Partner · 3 June 2026Banyan Gold acquired 100% of Generic Gold's entire Yukon exploration portfolio comprising 2,158 claims across five claim blocks in the Tintina Gold Belt for $3 million through issuance of 2,142,857 common shares. The acquired properties include drill-ready targets with historical intercepts and early-stage prospects, expanding Banyan's exploration pipeline and leveraging existing district-scale geologic dataset and camp infrastructure near its AurMac deposit.
• Mayo Lake MineralsminorStrategic or Co-development Partner · 17 December 2025Banyan Gold acquired the Trail-Minto Property in Yukon from Mayo Lake Minerals for $1,000,000, with Mayo Lake retaining a 2% NSR and a 1% NSR buyback option. The acquisition expands Banyan's land position in the Mayo-Keno area.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• White Gold Corp. Gold exploration company focused on the White Gold District in Yukon, Canada, with a district-scale land package. Directly comparable as a Yukon gold explorer leveraging major backing (Agnico Eagle) and similar Tintina Gold Belt geography.
• GoldMining Inc. Gold-focused royalty and project generator with a portfolio of gold assets across the Americas, including Canadian projects. Comparable as a publicly listed gold developer/explorer pursuing resource-stage assets toward development.
• ATAC Resources Ltd. Yukon-focused gold exploration company advancing the Rackla Gold Belt projects, including high-grade Carlin-style and oxide gold targets. Directly comparable as a Yukon gold explorer with a similar scale of resource and exploration-stage profile.
• Snowline Gold Corp. Yukon-focused gold exploration company advancing the Rogue and Einarson projects in the Tombstone Gold Belt — directly comparable as a high-grade Yukon gold explorer with a district-scale land position similar to Banyan's AurMac.
• Victoria Gold Corp. Operator of the Eagle Gold Mine in Yukon, Canada — the most relevant direct peer as it is a gold producer in the same Yukon jurisdiction with infrastructure overlap in the Mayo/Dawson region adjacent to Banyan's AurMac project.

Broad incumbents

• Kinross Gold Corporation: Major gold producer with significant Canadian operating experience (Fort Knox, now closed; Great Bear project). Relevant as a comparable large-cap gold developer and a potential strategic acquirer of advanced-stage Yukon assets.
• Agnico Eagle Mines Limited: Major Canadian gold producer with established Yukon presence (Coffee Gold, Malartic). Relevant as both a strategic acquirer/investor profile (via White Gold stake) and as a comparable operator of large-scale Canadian gold assets.

Emerging players

• Sabre Gold Mines Corp. Gold development company with assets in Nevada and Arizona advancing toward production. Comparable as a small-cap gold developer navigating the transition from exploration to mining-stage economics.
• New Found Gold Corp. Gold exploration company advancing the Queensway project in Newfoundland — comparable as a high-grade gold explorer with a multi-million-ounce resource transitioning toward development economics, though in a different Canadian jurisdiction.

Others

• Franco-Nevada Corporation: Precious metals royalty and streaming company that recently purchased a $52.2M NSR on AurMac. Comparable as the counterparty validating Banyan's project value and as the model end-state investor profile for advanced-stage gold assets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds4 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Banyan Gold