Ms. Tara Christie reports

BANYAN GOLD STRENGTHENS TECHNICAL TEAM WITH APPOINTMENTS OF JOHN ROBINS AS STRATEGIC ADVISOR AND KEY ESG POSITION

Banyan Gold Corp. has appointed John Robins as an independent strategic adviser and Allison Rippin Armstrong to its management team as senior sustainability manager.

"We are pleased to welcome John Robins and Allison Rippin Armstrong to Banyan Gold," said Tara Christie, president and chief executive officer. "I previously worked with both at Kaminak Gold, and their track records speak for themselves. John is a highly successful exploration entrepreneur whose deep technical expertise and strategic perspective will meaningfully support the advancement of the AurMac project. Allison brings expertise in ESG strategy, environmental programs, permitting, and community and indigenous engagement capabilities that are increasingly critical as we advance AurMac responsibly. Their combined experience and leadership significantly strengthen Banyan as we enter our next phase of growth and value creation."

New strategic adviser

Mr. Robins is a geologist, prospector and mining entrepreneur with more than 35 years of industry experience. He received Prospectors & Developers Association of Canada's Viola R. MacMillan Award in 2025, AME's Murray Pezim Award in 2022, and the Spud Huestis Award in 2008 for his contributions to mineral exploration and financing. He has been involved in several major discoveries, including the Coffee gold deposit (Yukon), Three Bluffs (committee Bay), the Aviat/Churchill diamond districts (Nunavut) and the Great Bear project (Ontario). Mr. Robins has been instrumental in more than $3-billion in M&A (merger and acquisition) activity, and over $1-billion in mineral exploration and development expenditures across Canada, Latin America and Australia, including the sales of Great Bear Resources to Kinross Gold ($1.8-billion), Great Bear Royalties to Royal Gold ($200-million) and Kaminak Gold to Goldcorp ($510-million). He is currently chairman of K2 Gold Corp. and serves as a strategic adviser to several junior mining companies.

Senior sustainability manager

Ms. Rippin Armstrong is an environmental scientist and senior mining executive with over 30 years of experience in permitting, regulatory processes and environmental compliance, working with indigenous organizations, resource companies, regulatory agencies, and indigenous, territorial and federal governments. She previously served as vice-president of sustainability at Kaminak Gold Corp., supporting the advancement of the Coffee gold project before its acquisition in 2016. From 2018 to 2023, Ms. Rippin Armstrong assisted Lucara Diamond Corp. in developing and implementing an ESG (environmental, social and governance) strategy that included building and developing the environment and community relations departments, as well as introducing sustainability initiatives at the Karowe diamond mine in Botswana. More recently, she assisted Forum Energy Metals Corp. as its vice-president of Nunavut Affairs. Ms. Rippin Armstrong sits on several boards, including Tectonic Metals Inc., the Alberta Energy Regulator, the Alberta Environmental Appeals Board and the Alberta Public Lands Appeal Board.

Upcoming events

• African Mining Indaba, Cape Town, Feb. 9 to Feb. 12;
• BMO 35rd Global Metals, Mining & Critical Minerals Conference, Hollywood, Fla., Feb. 22 to Feb. 25;
• Metals Investor Forum Toronto, Feb. 27 to Feb. 28:
  • Corporate presentation: Feb. 27, 6 p.m. ET.
• Yukon in Global Focus: From Rocks to Riches Breakfast -- fireside chat - Toronto, March 2, 7 a.m. to 9 a.m. ET:
  • 7 a.m. to 9 a.m. ET.
• PDAC, Toronto, March 1 to March 4, 2026:
  • Exhibitor booth No. 2213, March 1 to March 2;
  • One-on-one meetings, Level 300, March 1 to March 3.
• SMI Zurich, Switzerland, March 18 to March 19.

About Banyan

Banyan's primary asset, the AurMac project is located in the traditional territory of First Nation of Na-Cho Nyak Dun, in Canada's Yukon Territory. The current mineral resource estimate (MRE) for the AurMac project has an effective date of June 28, 2025, and comprises an indicated mineral resource of 2,274,000 ounces of gold (Au) (112.5 million tonnes at 0.63 gram per tonne) and an inferred mineral resource of 5,453,000 oz of Au (280.6 M tonnes at 0.60 g/t) (as defined in the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards for Mineral Resources & Mineral Reserves incorporated by reference into NI 43-101). The 303-square-kilometre AurMac project lies 40 kilometres from Mayo, Yukon. The AurMac project is transected by the main Yukon highway and benefits from a three-phase powerline, existing power station and cell phone coverage.

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 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 square km), accessible by a network of existing gravel access roads. The updated MRE comprises an indicated mineral resource of 337,000 ounces of gold and 2.63 million oz of silver (Ag) (11.3 M tonnes of ore at 0.93 g/t Au and 7.27 g/t Ag), and an inferred mineral resource of 118,000 oz of Au and 0.86 Moz Ag (3.9 M tonnes of ore at 0.95 g/t Au and 6.94 g/t Ag) (as defined in the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards for Mineral Resources & Mineral Reserves incorporated by reference into NI 43-101) effective Sept. 1, 2025, and with technical report filed on SEDAR+ on Oct. 27, 2025.

Banyan also holds the Nitra gold project, a grassroots exploration project located in the Mayo mining district, approximately 10 km west of the AurMac gold property. The Nitra property lies in the northern part of the Selwyn basin and is 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 property including the Morrison Creek and Minto Creek stocks. The property is 100 per cent owned and operated by Banyan, and covers approximately 313.9 square km. The property is accessible by road along the Silver Trail Highway, South McQuesten Road and four-by-four roads.

Banyan trades on the TSX Venture Exchange under the symbol BYN and is quoted on the OTCQB Venture Market under the symbol BYAGF.

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