Auryn Stakes Additional Highly Prospective Claims at Sombrero and Provides Permitting Update
VANCOUVER, BC / October 17, 2019 / Auryn Resources Inc. (TSX:AUG) (NYSE American:AUG) ("Auryn" or the "Company") is pleased to announce that it has staked 8,500 hectares of additional ground at the Sombrero North project area (Figure 1). The newly acquired claims, Macha Machay, contain the highest copper values in stream sediments observed through Auryn's regional exploration program, which screened approximately 7,000 square kilometers of land on the western extension of the world-class Andahuaylas-Yauri belt.
Macha Machay is characterized by highly elevated copper values in consecutive drainage basins over an area of approximately 12 kilometers by 6 kilometers (Figure 2). Both leachable (CN44) and ICP results demonstrate copper levels 1.5-3.5 times greater than those observed at the Sombrero Main, Nioc and Good Lucky intrusive clusters, which are all characterized by high-grade copper-gold surface mineralization (Figures 2 & 3). In addition, the leachable gold results at Macha Machay are similar in magnitude to those observed at the Sombrero Main and Nioc prospects (Figure 4). Together, the copper and gold results in stream sediments suggest the potential to discover significant copper-gold mineralization at or near surface.
- Published: 17 October 2019
- Written by Editor