Banks Island Gold Ltd. reported an update of operations at the Company's 100% owned Yellow Giant Gold Project for the month of June 2015. Total estimated gold production in June 2015 was 1,863 oz of gold equivalent. The Company improved on production from May despite delays in mine development which impacted the availability of high quality mill feed for the month.

Metal Produced in Concentrate was 2,021 oz of Au, 3,200 oz of Ag. Average ROM Feed was 276 tpd.