Eagle Royalties Reports New Drill Results from AurMac Gold Project

Eagle Royalties Ltd. has announced new drilling results from Banyan Gold Corp.'s AurMac project in central Yukon. The company holds royalty interests ranging from 0.5% to 2% on certain claims within this area. The recent feedback includes results from six out of thirteen drill holes, relevant to a 1% royalty for Eagle Royalties. Noteworthy finds include 32.0 meters of 1.56 g/t Au and 46.6 meters of 0.51 g/t Au in separate holes. The complete list of results can be accessed through Banyan's news release.

Banyan initiated its exploration program in June 2024, completing 118 drill holes within the Powerline and Airstrip deposits. Results for a significant portion of these have been released. Additionally, recent tests showed gold recoveries of 93% at Powerline and 90% at Airstrip with ongoing work on optimal processing methods. Banyan plans to update resources in Q2 2025 and conduct a Preliminary Economic Assessment by Q4 2025.