ACCESS Newswire
14 Nov 2019, 17:31 GMT+10
VANCOUVER, BC / ACCESSWIRE / November 14, 2019 / Auryn Resources Inc. (TSX:AUG)(NYSE American:AUG) ('Auryn' or the 'Company') is pleased to announce additional results from its first surface sampling program at the Sambalay and Salvador concessions within the 11,000 hectare Curibaya project located in the Tacna province in Southern Peru. Highlights include up to 7,990 g/t silver, 17.65 g/t gold and 6.97% copper. These results extend the recently reported high-grade surface results (see October 28, 2019 news release) from the 4.5 square kilometer mapped quartz-sericite-pyrite alteration zone (Figures 1 - 3) by 1.5 kilometers to the west.
A Message from Ivan Bebek, Executive Chairman & Director:
'The abundance of high-grade sampled and the large mineralized footprint we have identified are an exceptional start to the Curibaya project. The grade endowment over a three kilometer by two kilometer area is impressive when considering the location of the project, within one of Peru's most prolific mining belts.
'We very much look forward to continuing our drill targeting work in the coming months with the goal of drilling Curibaya for the first time in Q4 of next year on the back of our Sombrero drill program, which we anticipate to commence in Q1 of 2020.'
The high-grade silver and gold results effectively expand the alteration and mineralized precious metal system to the west and remain consistent with a potential intermediate sulphidation epithermal system. In addition, high-grade copper was sampled both within polymetallic veins southwest of the project area and along copper-only east-northeast trending structures (Figure 3). Auryn is interpreting these two styles of copper mineralization as being related to a potential copper porphyry system at shallow depths. Rock grab sample highlights are presented in Table 1.
In addition, Auryn has received results from rerunning the three rock samples that were over-limit, being greater than 1,500 g/t silver, in the first round of sampling (see October 28, 2019 news release). Re-assay returned results of 1,630 g/t, 1,855 g/t and 3,110 g/t silver (Figure 1).
Table 1: Rock sampling results
Significant Rock Sample Highlights 2019 | |||||||||||||||||||||||
Sample ID | Ag g/t | Sample ID | Au g/t | Sample ID | Cu % | ||||||||||||||||||
W656832 | 7990 | W656832 | 17.65 | W656792 | 6.97 | ||||||||||||||||||
W656782 | 1680 | W656922 | 10.10 | W656793 | 6.67 | ||||||||||||||||||
W656882 | 1600 | W656782 | 9.94 | W656808 | 6.01 | ||||||||||||||||||
W656915 | 709 | W656856 | 7.88 | W656777 | 4.99 | ||||||||||||||||||
W656922 | 312 | W656882 | 3.08 | W656816 | 3.61 | ||||||||||||||||||
W656899 | 310 | W656929 | 1.89 | W656809 | 2.65 | ||||||||||||||||||
W656929 | 296 | W656905 | 1.83 | W656790 | 2.36 | ||||||||||||||||||
W656794 | 294 | W656756 | 1.29 | W656815 | 1.59 | ||||||||||||||||||
W656931 | 267 | W656830 | 1.17 | W656811 | 1.58 | ||||||||||||||||||
W656856 | 208 | W656931 | 1.07 | W656794 | 1.04 | ||||||||||||||||||
W656779 | 194 | W656915 | 1.06 | W656772 | 0.79 | ||||||||||||||||||
W656793 | 189 | W656835 | 0.82 | W656812 | 0.72 | ||||||||||||||||||
W656835 | 177 | W656794 | 0.74 | W656783 | 0.69 | ||||||||||||||||||
W656861 | 157 | W656890 | 0.64 | W656814 | 0.56 | ||||||||||||||||||
W656890 | 154 | W656779 | 0.57 | ||||||||||||||||||||
W656903 | 152 | ||||||||||||||||||||||
W656792 | 150 |
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