BANYAN GOLD CORP. (“Banyan Gold”) is pleased to announce the 2015 Hyland Gold Project exploration program has been successfully completed. Importantly, Banyan has validated the theory a deep-seated, replacement style mineralization model exists on the growing Hyland Gold Project. The 2015 Hyland diamond drilling targeted the “Camp Zone” an under-explored area approximately 500 metres north of the Main Zone, which hosts Hyland’s maiden resource of approximately 400,000 AuEq ounces. This lower elevation target has been interpreted to host replacement style, precious and base-metal mineralization, which would reaffirm the Hyland Gold Project represents a District-Scale mineralized system, akin to Atac’s Rackla Belt both of which are hosted within the prolific Selwyn Basin. Analytical results remain pending, but highlights of the 2015 drilling include massive sulphide, pervasive aresenopytie and native copper with galena mineralization intersections from the Camp Zone.

The 2015 exploration program was designed to drill test a deep-seated, limestone-replacement style and listric fault related gold mineralization model theorized to exist on the Hyland Gold Project. Drill testing of this mineralization concept was designed to 1) intercept the lower limestone unit of the Hyland Group Formation metasedimentary package and 2) to drill through a postulated fault splay within the north-south oriented Quartz Lake Corridor which is interpreted to represent a large-scale, structural control to gold- silver mineralization. By testing these targets, Banyan anticipates highlighting the under-tested regional mineralization potential of the Hyland Gold Project and highlights the fact that substantive mineral potential exists beyond the Main Zone. The Hyland Gold Project 2015 Mineral exploration program was completed during August 2015 and consisted of 739.85 metres of HQ and ND diamond drilling over three (3) drillholes in the rapidly developing Camp Zone.

Co-incident with the diamond drilling program, Banyan’s 2013/2014 Montrose Ridge discovery, 6.5 km south of the Main Zone, was the focus of a systematic surface sampling and trenching program designed to define drill targets to continue to test the District-Scale mineral potential of the Hyland Gold Project. Over 3.5 km of access trail construction was completed during the 2015 Montrose Ridge Zone program culminating in approximately 1 km of surface trench construction and sampling. This trenching operation is the first time heavy machinery and vehicular access to Montrose Ridge has been possible, and afforded an exceptional opportunity to expose bedrock and sub-crop within the broad Au-As-in-soils-anomaly previously defined at Montrose Ridge. Trenching of the Montrose Ridge Zone was highly encouraging, with heavily alteration and sulphide (arsenopyrite, bismuithinite and pyrite) mineralization identified from a fault-hosted structural zone within a previously un-mapped member of the hosting Hyland Group, the Yusezyu Conglomerate, on the Hyland Gold Property.

“The speed, efficiency and low cost in which the Banyan team was able to conduct the 2015 exploration program was very impressive”, commented Mark Ayranto, Chairman. “Since acquiring the Hyland Project, Banyan has postulated a replacement style mineralization model which we have now confirmed. More recently, through 2014, Banyan realized the potential for regional-scale mineralization along the Quartz Lake Corridor and the 2015 exploration program lends significant credibility to this model. ”

The work conducted at the Montrose Ridge Zone is supported in part by the Yukon Mineral Exploration Program ("YMEP), whereby the Yukon Government will fund up to approximately $40,000 of the exploration program on the Hyland Gold South Project.