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Auryn Extends Fierrazo Mineralization to 232 meters of 0.55% Copper Equivalent at Sombrero

VANCOUVER, BC / ACCESSWIRE / April 3, 2019 / Auryn Resources Inc. (TSX: AUG, NYSE AMERICAN: A...

articleFury Gold Mines LimitedApril 3, 20195/company/fury-gold-mines-ltd/news/auryn-extends-fierrazo-mineralization-to-232-meters-of-055percent-copper-equivalent-at-sombrero
Auryn Extends Fierrazo Mineralization to 232 meters of 0.55% Copper Equivalent at Sombrero

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[{"type":"text","content":"Auryn Extends Fierrazo Mineralization to 232 meters of 0.55% Copper Equivalent at SombreroVANCOUVER, BC / ACCESSWIRE / April 3, 2019 / Auryn Resources Inc. (TSX: AUG, NYSE AMERICAN: AUG) (''Auryn'' or the ''Company'') is pleased to announce an extension of the mineralization at the Fierrazo target at the Sombrero copper-gold project in Southern Peru. Through continuous channel sampling, the previously reported result of 184 meters of 0.57% copper equivalent (see March 12, 2019 news release) was extended by 48 meters of 0.51% copper equivalent (0.49% copper and 0.04 g/t gold) (Figure 1), including a higher-grade internal interval of 20 meters of 1.01% copper equivalent (0.97% copper and 0.07 g/t gold). The combined width of mineralization observed at the Fierrazo target is now 232 meters of 0.55% copper equivalent (0.47% copper and 0.13 g/t gold) with a higher-grade internal interval of 40 meters of 1.26% copper equivalent (1.23% copper and 0.05 g/t gold) (Figure 1).A Message from Michael Henrichsen, COO & Chief Geologist:''The additional high-grade copper-gold channel sampled at Fierrazo further validates the potential of the 7.5 kilometers of exoskarn targets over the Sombrero Main and Fierrazo areas. We believe the high-grade mineralization observed on surface is characteristic of the extensive exoskarn targets beneath the thin cover sequence at the project, demonstrating the potential for a scalable high-grade discovery.''Rock Sampling from Former Small-Scale Fierrazo Iron Mine:Auryn collected 37 representative grab samples from the waste dumps and ore stock piles left by the formerly producing Fierrazo iron mine. The results of the samples indicate copper and gold mineralization within the hematite-magnetite exoskarn mineralization. Values of up to 3.26% copper and 1.2 g/t gold were identified (Figures 2 & 3). The average values of the samples were 0.91% Cu and 0.36 g/t Au. Complete results of this sampling are presented below in Table 1.Table 1: Rock Samples from Fierrazo Waste Dump and Ore Stockpiles Sombrero Fierrazo - Rock Samples (Average 0.91% Cu & 0.36 g/t Au) Sample ID Cu (%) Au (g/t) Sample ID Cu (%) Au (g/t) W654879 3.26 0.29 W654860 0.65 0.41 W654864 3.00 0.55 W654863 0.64 0.29 W654869 2.66 0.36 W654866 0.59 0.42 W654893 2.37 0.16 W654875 0.56 0.50 W654880 1.85 0.52 W654900 0.55 0.47 W654872 1.67 0.37 ...

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