Banks Island Gold Ltd. has declared Commercial Production, effective January 1st 2015, at the Yellow Giant Gold Project, located on Banks Island British Columbia. The Company has made substantial progress at Yellow Giant and established itself as British Columbia's newest gold producer during 2014. Pre- concentration rejects up to 50% of the mined mass in a coarse gravel sized product resulting in sufficient void space in underground workings to dispose of all tailings underground.

The company plans to continue to expand its gold production at Yellow Giant. The 16,000ha Yellow Giant property has several advanced prospects and numerous gold showings but is virtually unexplored. The company commenced production of gold concentrates on February 1st, 2014 and had production in the 2014 calendar year for 277 days.

Production was halted from June 11th through August 8th in order to tie in the grinding and flotation circuits with the DMS circuit of the process plant.