Mr. David Rutt reports

BANYAN GOLD ADDS STEVE BURLETON AND DAVID REID TO THE BOARD OF DIRECTORS

Steve Burleton, vice-president, business development, at Richmont Mines Inc., and David Reid, a senior partner and global co-chair of mining with DLA Piper (Canada) LLP, have joined Banyan Gold Corp.'s board of directors, bringing a wealth of capital market experience, mergers and acquisition knowledge, and securities law.

"Steve has almost two decades of investment banking and corporate development experience as well as his capital markets contacts serve well to build out the board's reach as we look to continue to grow Banyan and take advantage of the strengthening junior resource market," stated Tara Christie.

"David brings us a wealth of mergers and acquisition and securities law knowledge to help advance Banyan's vision of growing the breadth of our project portfolio. Together, these two additions vastly strengthen our board and will assist in transforming Banyan into a premier go to name in the junior mining market."

Biography of Steve Burleton, MBA, CFA

Mr. Burleton has been the vice-president of business development at Richmont Mines Ltd. since February, 2015. He has over 18 years of experience in the Canadian investment banking industry having dealt with companies in mining, fertilizers and industrial products. He was formerly the vice-president, corporate development, for a publicly traded fertilizer producer with operations in Brazil and one of the few junior fertilizer development projects to reach production in recent years. In that role he was responsible for financing, strategic initiatives and investor relations. Previously, Mr. Burleton served as managing director of investment banking at Wellington West Capital Markets Inc. and at Scotia Capital Inc. Mr. Burleton is a chartered financial analyst (CFA) and holds an MBA from York University.

Biography of David Reid, LLB.

Mr. Reid is a senior partner and global co-chair of mining with DLA Piper (Canada) LLP with over 30 years of experience in mining and securities law, including over $2-billion in corporate finance and merger and acquisition transactions since 2011. Mr. Reid is recognized by Lexpert as a leading Canadian lawyer in global mining, the Legal 500 Canada (energy-mining-corporate-M&A), and Best Lawyers in Canada in the areas of mining, natural resources law and securities law. Mr. Reid led a team in connection with a transaction awarded Mining Deal of the Year by Canadian Dealmakers in 2012 and has served on the board of several Toronto Stock Exchange, New York Stock Exchange and TSX Venture Exchange resource companies, including Far West Mining Ltd. (acquired in 2011 by Capstone Mining Corp. in a $1.1-billion M&A transaction).

The company has issued 800,000 stock options at 11 cents per share to directors of the company. They are exercisable for a period of five years.

Technical information

The technical information in this news release has been reviewed and approved by Paul D. Gray, PGeo, a qualified person as defined by National Instrument 43-101.

About Banyan Gold Corp.

Banyan is a gold exploration and development company the flagship property of which, the Hyland gold project, is approximately 70 kilometres northeast of Watson Lake, Yukon, along the southeast end of the Tintina gold belt. The Main zone gold inferred resource, at a 0.6-gram-per-tonne gold equivalent (AuEq) cut-off, hosts an 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.

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