Auryn Identifies New, Significant Gold and Silver Targets at the Homestake Ridge Project
Vancouver, British Columbia – June 4, 2019 – Auryn Resources Inc. TSX: AUG, NYSE AMERICAN: AUG, “Auryn” or the “Company”),is pleased to announce that two additional targets have been identified at the Homestake Ridge Gold Project within the Golden Triangle in British Columbia, Canada. These targets are approximately 10km northeast and 3.5km south of the previously identified high-grade resource (125,000 oz. of 6.25 g/t Au, 1M oz. of 47.9 g/t Ag indicated and 932,000 oz. of 4 g/t Au and 21.2M oz. of 90.9 g/t Ag inferred 1) and were identified in a regional surface exploration program conducted in 2018 and using historical data from the 7500 hectare land package.
At the new northern target, which Auryn is calling Bria, rock samples returned assays of up to 11g/t gold and 448 g/t silver (Table 1). At the new southern target, Kombi, two separate high-priority areas have been defined from consecutive drainage basins where historical stream sediments were anomalous in gold and silver (Figure 1).
- Category: Silver / Gold
- Published: 04 June 2019
- Written by Editor