Banyan Gold Intersects 1.05 g/t Gold over 52.8 Metres and Bonanza-Grade Gold at Powerline Deposit, AurMac, Yukon, Canada

Highlights from Powerline:

AX-26-873 – 1.18 g/t Au over 8.3 m, within 0.51 g/t Au over 50.5 m

AX-26-876  – 1.15 g/t Au over 13.9 m within 0.44 g/t Au over 51.5 m, including 16.5 g/t Au over 0.3 m

AX-26-878  – 1.37 g/t Au over 11.8m, including high-grade of 7.37 g/t Au over 0.5m and 9.78 g/t Au over 1.0 m

AX-26-891 – 149.14 g/t Au over 0.4m and 0.63 g/t Au over 19.9 m, all within 0.56 g/t Au over 169.2m

                            For context, the 0.56 g/t Au over 169.2 m composite in AX-26-891 is materially influenced by the 149.14 g/t Au over 0.4 m interval. Excluding that interval, the remaining 168.8 m averages approximately 0.21 g/t Au with the lower mineralized zone of 0.63 g/t Au over 19.9m. High-densities of extensional quartz veins are present throughout the full interval.

AX-26-892B – 1.05 g/t Au over 52.8 m, within 0.87 g/t Au over 69.7 m

AX-26-895 – 1.01 g/t Au over 17.2 m within 0.73 g/t Au over 26.6 m; includes high-grade of 6.72 g/t Au over 0.6 m and 10.30 g/t Au over 0.5 m

“These results demonstrate the opportunity to improve the grade, extent and continuity of mineralized domains along the current margins of Powerline’s near-surface higher-grade cores,” stated Tara Christie, President and CEO. “Hole AX-26-892B returned 1.05 g/t Au over 52.8 m, while AX-26-891 intersected several higher-grade intervals, including 149.14 g/t Au over 0.4 m. Together, the results support our strategy of targeting areas that could improve the grade profile and confidence of the AurMac resource. Our 2026 and planned 2027 drilling will continue to test the extent and expansion potential of higher-grade domains.”

Lithological domains at Powerline are dominated by metasedimentary rocks of various compositions, typically mica-chlorite schists with varying calcareous content. Domains shown in this section are: CLSR_4 and 5 – chlorite-sericite schist; CSCH_1 and 3 – calcareous schist; and sch_2 – heterogeneous schist. Altered host rocks with intense silicification and meta-greenstones are preferential host for extensional quartz veining (Figures 9 and 11).

In addition to the AurMac Project, the Company holds the Hyland Gold Project, located 70 km northeast of Watson Lake, Yukon, along the southeast end of the Tintina Gold Belt (the “Hyland Project”) in the Traditional Territory of the Kaska Nations, closest to the Liard First Nation and Daylu Dena Council. The Hyland Project represents a sediment hosted, structurally controlled, intrusion-related gold deposit, within a large land package (over 125 sq km), accessible by a network of existing gravel access roads. The Hyland Project MRE comprises an Indicated Mineral Resource of 337 thousand (“K”) ‎ounces (“oz”) of gold (“Au”) and 2.63 million (“M”) oz of silver (“Ag”) (11.3 M tonnes at 0.93 g/t Au and 7.27 g/t Ag), and an Inferred Mineral Resource of 118 Koz of Au and 0.86 Moz Ag (3.9 M tonnes at 0.95 g/t Au and 6.94 g/t Ag) (as defined in the 2014 CIM Definition ‎Standards for Mineral Resources & Mineral Reserves incorporated by reference into NI 43‑101) effective September 1, 2025 and with a technical report filed on SEDAR+ on October 27, 2025.

Banyan also holds the Nitra Gold Project and Seattle-Goodman Creek Project which are grassroots exploration projects located in the Mayo Mining district, adjacent to the AurMac Gold Project. These properties lie in the northern part of the Selwyn Basin and are underlain by metaclastic rocks of the Late Proterozoic Yusezyu Formation of the Hyland Group, similar to lithologies hosting portions of the AurMac Project. Middle Cretaceous Tombstone Plutonic suite intrusions occur along the properties including the Morrison Creek and Minto Creek stocks. The properties are 100% owned by Banyan and cover over 530 sq km. The properties are accessible by road along the Silver Trail Highway, South McQuesten Road and a network of other smaller roads across the properties.

Banyan trades on the TSX Venture Exchange under the symbol “BYN” and is quoted on the OTCQB Venture Market under the symbol “BYAGF”. For more information, please visit the corporate website at www.banyangold.com or contact the Company.

FORWARD-LOOKING INFORMATION: This release contains forward-looking information, which is not comprised of historical facts and is based upon the Company’s current internal expectations, estimates, projections, assumptions and beliefs. Such information can generally be identified by the use of forward-looking wording such as “may”, “will”, “expect”, “estimate”, “anticipate”, “intend(s)”, “believe”, “potential” and “continue” or the negative thereof or similar variations. 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, the potential for resource expansion and increased grades; mineral recoveries and anticipated mining costs. Factors that could cause actual results to differ materially from such forward-looking information include uncertainties inherent in resource estimates, continuity and extent of mineralization, 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, 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.