BANYAN GOLD CORP. (“Banyan”) is pleased to appoint Sean Harvey to Banyan’s Advisory Board.
T. Sean Harvey, MBA, LL.B. has a depth of experience in the mining industry having spent 10 years in investment and merchant banking primarily focused on the mining sector. More recently he has held senior executive and Board positions with a number of mining companies, including TVX Gold Inc., Atlantico Gold Inc. and Orvana Minerals Corp. Sean also serves as a director of Victoria Gold Corp., Abacus Minerals, Perseus Mining Ltd., Serabi gold Plc. and Sarama Resources Ltd. Sean has an M.B.A in Finance and an LL.B specializing in tax and corporate law, an honors BA in economics and geography and an MA in economics. He is a member of the Law Society of Upper Canada.
“We are very pleased to have Sean join Banyan’s Advisory Board” stated Tara Christie, President & CEO. “The depth of his knowledge and contacts within the industry adds breadth and depth to the Banyan team.”
“I strongly believe the Yukon is one of the world s best mining jurisdictions and Banyan: with Hyland as a core asset and a new invigorated management team is well positioned to create exceptional shareholder value.” stated Sean Harvey.
The company has issued a total of 350,000 stock options at $0.07 options to Directors, Officers and advisors of the company.
Corporate update: The Company will be attending the following conferences and giving presentations. Webcasts of the presentations will be made available.
November 2-3, 2016 Attending Precious Metal Summit, Zurich, Park Hyatt Presentation: Wednesday, Nov 2 at 10:50-11:10 AM in Room 1
November 4, 2016: Attending Precious metals Summit, London Presentation: Friday, Nov 4 at 10:35- 10:55 AM in Room 2
This News Release has been reviewed and approved by Paul D. Gray, P.Geo., a Qualified Person as defined by NI 43-101.
About Banyan Gold
Banyan is a gold exploration and development company whose flagship property, the Hyland Gold Project (“Hyland”), is approximately 70km NE of Watson Lake, Yukon, along the southeast end of the Tintina Gold Belt. The Main Zone gold Inferred Resource, at a 0.6 g/t gold equivalent ("AuEq") cutoff, hosts a NI 43-101 compliant Resource of 12,503,994 tonnes containing 361,692 ounces gold at 0.9 g/t and 2,248,948 ounces silver at 5.59 g/t for a combined gold and silver 396,468 ounces gold equivalent.
Banyan trades on the TSX-Venture Exchange under the symbol “BYN”. For more information please visit the corporate website at www.BanyanGold.com or contact the Company.
ON BEHALF OF THE BANYAN BOARD OF DIRECTORS
(signed) "Tara Christie"
Tara Christie
President & CEO
For more information, please contact:
Tara Christie
Tel: (888) 629-0444
Email: tchristie@banyangold.com
David Rutt
Tel: (888) 629-0444
Email: drutt@banyangold.com
CAUTIONARY STATEMENT: The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information, which is not comprised of historical facts. Forward- looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, Banyan’s objectives, goals or future plans, statements regarding exploration results, exploration or development plans and the timing of any additional resource estimates. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, uncertainties inherent to preparing a resource estimate within expected timeline, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, enhanced risks inherent to conducting business in any jurisdiction, and those risks set out in Banyan’s public documents filed on SEDAR. Although Banyan believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Banyan disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. Paul D.Gray of Banyan Gold Corp. is a “qualified person” within the meaning of such term as set forth in National Instrument 43-101 of the Canadian Securities Administrators, has verified and supervised the preparation of all of the scientific and technical information contained in this news release.