Auryn Identifies New High-Grade Targets at Curibaya Precious Metals Project in Peru

About this update from Fury Gold Mines Limited

[{"type":"text","content":"Auryn Identifies New High-Grade Targets at Curibaya Precious Metals Project in PeruVANCOUVER, CANADA / ACCESSWIRE / February 28, 2020 / Auryn Resources Inc. (TSX:AUG)(NYSE American:AUG) (\"Auryn\" or the \"Company\") is pleased to announce results from its recent mapping and sampling program at the Curibaya precious metals project in southern Peru. A new zone of mineralization with grades of up to 946 g/t silver and 1.96 g/t gold has been identified approximately one kilometer to the northeast of previous sampling (Figures 2 & 3). In addition, a float sample found 800 meters northeast of the sampled veins ran 42.6 g/t gold and 9,180 g/t silver (Figures 2 & 3). Through geological mapping, a series of rhyolite to dacite flow dome complexes has been identified, and Auryn's technical team believes this is the source for the widespread, high-grade precious metal veins sampled to-date -now across a 4 x 4 kilometer alteration system.A Message from Ivan Bebek, Executive Chairman & Director: \"The Curibaya project continues to represent an exceptional opportunity for high-grade silver and gold discoveries. As we are increasing our understanding of the targets the maximum gold grade has gone up and we continue to see multi-kilo silver in new target areas on the project. We look very forward to completing our targeting in the next few months and rapidly advancing the project to the drill-ready stage.\"Geologic Context of Vein Mineralization:The high-grade precious metal veins sampled to-date on the project range in width from five centimeters to one meter and are situated in north - south corridors radiating from the identified flow dome complexes (Figure 1). The sampled veins are primarily situated in the overlying volcanic sequence above the flow dome complexes and provide a good indication of the metal budget; however, are not the target themselves. Auryn believes the veins represent a high-level dispersion of a robust precious metal system that is situated along the margins of the dome complexes at shallow depths. These flow dome complexes provide a geological mechanism to concentrate fluid flow where potential geologic targets include high-grade veins, vein stockwork zones and silicified hydrothermal breccias that would be situated along the margins of the domes (Figure 4).Additional Vein Sampling Returns High-Grade in Pre...

More updates from Fury Gold Mines Limited