Auryn Trenches 184 meters of 0.57% Copper-Gold Equivalent at Sombrero
VANCOUVER, BC / March 12, 2019 / Auryn Resources Inc. (TSX: AUG, NYSE AMERICAN: AUG, "Auryn" or the "Company") is pleased to announce results from the first trench at the Fierrazo area at the Sombrero copper-gold project in southern Peru. Trench 20 is characterized by a continuous broad interval of both endoskarn and exoskarn mineralization that sampled 184 meters of 0.57% copper equivalent, including three higher grade internal intervals of 20 meters of 1.53% copper equivalent (1.50% copper and 0.04 g/t gold), 24 meters of 0.76% copper equivalent (0.70% copper and 0.09 g/t gold)and 20 meters of 0.95% copper equivalent (0.32% copper and 0.99 g/t gold) (Figure 1 & Table 1).
A Message from Ivan Bebek, Executive Chairman & Director:
"This trench considerably increases our confidence that Sombrero could develop into a major copper-gold discovery. Trench 20 is the widest trench we have completed due to access to bedrock, and the grade is comparative to major mines along the Las Bambas belt nearby.
We are very excited about additional trenches at Fierazzo, which are underway, and to begin surface work at the Nioc, Good Lucky and Totora targets. We anticipate a steady flow of trenching and sampling results in the months ahead prior to receiving our first drill permit at Sombrero Main."
Read more: Auryn Resources Inc ( AUG )
Category: Silver / Gold
Published: 13 March 2019
Written by Editor