A British Columbia-based mineral exploration company is finalizing its acquisition of a Yukon property from Victoria Gold Corp.

The deal follows the closure of Victoria’s Eagle Gold Mine, which sent the company into receivership in August 2024 under court-appointed receiver PricewaterhouseCoopers.

Banyan Gold signed option agreements on the Aurex and McQuesten claims in 2017, initially to acquire a 75 per cent interest. The deal was set to conclude in 2026, but recent court proceedings have accelerated Banyan’s path to full ownership by the end of August.

The AurMac Gold property, excluded from the receivership sale, lies about 56 kilometres northeast of Mayo along the Silver Trail and South McQuesten Road. Banyan will claim 100 per cent ownership of the property, including remaining ro

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