Mining Stock Daily Why Banyan Gold Believes the Market Is Mispricing Its Project
Mar 2, 2026
Tara Christie, CEO of Banyan Gold, leads exploration and development of the Oremac/Ormeç project. She recounts a breakout 2025 with major resource conversions and financing. Conversation covers planned 2026 drilling, a PEA and resource update timeline, surprising high-grade silver hits, and strategies to close the valuation gap as Banyan targets much larger resources.
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Indicated Conversion Fueled By New Geological Model
- Banyan converted nearly all inferred ounces to 2.2Moz indicated through a new geological model and disciplined 20,000m drilling in 2024.
- Tara Christie says that cleared overhangs and a $31.4M financing let them scale to a 43,000m 2025–26 program focused on high-grade and economics.
Clear Overhangs Before Market Campaigns
- Remove strategic and ownership overhangs before heavy market marketing to allow fair re-rating.
- Banyan cleared perceived ties to Victoria Gold, verified share placements, then executed a $31.4M raise to expand drilling.
Update Resource First Then Publish PEA Economics
- Stage resource update before PEA to demonstrate progress and underpin economics.
- Banyan plans a Q2 2026 updated resource (aiming toward 5Moz >1g at 0.55g cutoff) then a PEA in H2 2026 to show project economics.