Banyan Gold Prepares Maiden PEA for AurMac Project with Over 8.6M Ounces
Banyan Gold Corp is on the cusp of a major milestone as it prepares to release its maiden Preliminary Economic Assessment (PEA) for the AurMac project. The company has spent years drilling in Yukon's Mayo mining district, and a recent resource update lifted contained gold above 8.6 million ounces.
The PEA is expected to be released in Q4 2026 and will provide an economic framework for the AurMac project. This study will include details on mining method, throughput, recoveries, capital and operating costs, and net present value at given gold prices.
Banyan Gold Corp has retained global leaders in mine engineering, process design, and geotechnical assessment to deliver a high-quality PEA for AurMac. The company's strategy has been to drill aggressively, grow and upgrade the resource, and let the ounces speak.