Ms. Tara Christie reports

BANYAN GOLD COMPLETION OF PROPERTY ACQUISITION FROM GENERIC GOLD

Banyan Gold Corp. has closed its previously announced acquisition from Generic Gold Corp. of a 100-per-cent interest in Generic Gold's Yukon exploration portfolio, comprising 2,158 claims across the Goodman, Seattle, VIP, Summit and Livingstone claim blocks in the prospective Tintina gold belt, in consideration for the issuance of 2,142,857 common shares of Banyan at a deemed price of $1.40 per share. The consideration shares are subject to a statutory hold period under applicable Canadian securities laws expiring on Oct. 12, 2026, and a contractual one-year hold period expiring on June 11, 2026.

The properties were acquired free and clear of royalties and encumbrances, other than a 1-per-cent net smelter returns royalty on specific claims.

Grant of options

The board of directors of the company have granted 50,000 stock options to purchase 50,000 shares at an exercise price of $1.15 per share with a vesting period of 18 months with a five-year term.

The stock options are being issued to consultants and employees of the company. The options were granted under and are subject to the terms and conditions of the company's stock option plan.

About Banyan Gold Corp.

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. The current mineral resource estimate (MRE) for the AurMac project has an effective date of May 15, 2026, and comprises an indicated mineral resource of 3,639,000 ounces of gold (167.3 million tonnes at 0.68 gram per tonne) and an inferred mineral resource of 4,985,000 ounces of gold (267.2 million tonnes at 0.58 gram per tonne) (as defined in the 2014 CIM definition standards for mineral resources and mineral reserves incorporated by reference into National Instrument 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 power line, existing power station and cellphone coverage.

In addition to the AurMac project, the company holds the Hyland gold project, located 70 kilometres northeast of Watson Lake, Yukon, along the southeastern 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 kilometres), 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 ounces of silver (11.3 million tonnes at 0.93 gram per tonne gold and 7.27 grams per tonne silver) and an inferred mineral resource of 118,000 ounces of gold and 860,000 ounces silver (3.9 million tonnes at 0.95 gram per tonne gold and 6.94 gram per tonne silver) (as defined in the 2014 CIM definition standards for mineral resources and 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 kilometres 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 kilometres. 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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