Auryn Confirms Age of Mineralizing Intrusives at Sombrero District Equivalent to Major Deposits in the Andahuaylas-Yauri Belt

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[{"type":"text","content":"Auryn Confirms Age of Mineralizing Intrusives at Sombrero District Equivalent to Major Deposits in the Andahuaylas-Yauri BeltVANCOUVER, CANADA / ACCESSWIRE / January 17, 2020 / Auryn Resources Inc. (TSX: AUG)(NYSE American: AUG) (\"Auryn\" or the \"Company\") is pleased to announce it has identified the age of the intrusives directly associated with mineralization at the Sombero copper - gold skarn project in Peru. Based on results from five uranium - lead samples obtained from diorite sills at the Ccascabamba and Nioc targets, ages range from 38.85 to 40.47 million years (Figure 1). This places the mineralization within the same Eocene-aged metallogenic event that produced several world-class deposits in the Andahuaylas-Yauri belt, such as Las Bambas (Figure 2). It also establishes that the belt extends over 100 kilometers to the west, where the Sombrero project is located.A Message from Michael Henrichsen, C.O.O. & Chief Geologist:\"The age dating results represent a very significant development in our exploration model and further support the potential for the discovery of world-class deposits. We are very fortunate to have been first movers on the Sombrero district, consolidating over 130,000 hectares, and to now have determined the world-class Andahuaylas-Yauri belt extends to include Auryn's property.\"Table 1 below compares ages of mineralizing intrusives from Sombrero to select major deposits to the east in the Andahuaylas-Yauri belt: Sample Ref # Age Dates Sombrero DistrictU-PbAge Dates Andahuaylas-Yauri BeltK-Ar(Perello et al, 2003[i]) A 40.41 ± 0.32 Ma B 40.47 ± 0.26 Ma C 39.19 ± 0.32 Ma D 38.85 ± 0.32 Ma E No zircon found F 39.58 ± 0.26 Ma G No zircon found H 40.3 ± 1.0 Ma I 35.7 ± 0.9 Ma J 31.6 ± 0.8 Ma K 43.2 ± 1.1 Ma L 39.8 ± 1.5 Ma M 34.2 ± 0.9 Ma N 39.7 ± 1.9 Ma O 35.8 ± 0.9 Ma P 37.9 ± 1.4 Ma Figure 1: Illustrates the uranium-lead age dates at the Ccasccabamba and Nioc targets within the Sombrero project. The mineralizing intrusives are Eocene in age and equivalent to other world-class deposits to the east, such as Las Bambas.Figure 2: Illustrates the potassium-argon age dates of intrusives associated with world-class deposits within the Andahuaylas-Yauri belt (Perello et al, 20031). These dates are equivalent to those obtained in the Som...

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