BANYAN GOLD (BYN.V BYAGF) Chat with CEO TARA CHRISTIE

Due Diligence by Doc Jones, Resource Investor, Hunting for Exceptional returns.

https://www.banyangold.com/site/assets/files/4671/banyan_corporate_presentation.pdf

Margins, margins, margins.

Tara is one of the top CEO is the sector. Period.

The company is driving towards defining well over 3 million ozs of high quality, high-margin oxide gold resources at their AurMac land package in the Yukon, Canada.

Key Points

-Resource of over 900k ozs defined in may 2020 since 40000m of drilling, historically finding cost of $2-5/oz, prior they were adding 67oz per meter drilled, UPDATED RESOURCE EST DUE IN Q2 2022

-Infrastructure already in place, power line, roads, camp, cell phone towers, between 2 permitted mines

-Low implied strip ratio, and recoveries between 80-90% exceeding Victoria Gold operations next door.

-Drill season last 11 months a year

-Already 10'000m drilled of current 30'000m program, cashed up to achieve

-Mineralization occurs at or near surface

-Implied Low Cap Ex into production with est mining+milling+G&A = $7-9/ton giving each ton at historical resource grade +70% margins

-VERY SCALABLE and POTENTIAL to exceed 5 Million ozs of recoverable gold across all 3 deposits on land package.

-Strong shareholder base

-Potentially one of the largest oxide gold deposits in Canada.

Catalyst

+30 holes to report from last season, 10k meters already drilled from this season, Updated Resources Est in Q2 followed by potentially a PEA, etc etc..

Easily +250 million MC

Listen and learn.

Best

Doc Jones

I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
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