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Auryn Identifies Significant Copper Mineralization at New Prospect Near Sombrero
VANCOUVER, BC / ACCESSWIRE / January 7, 2019 / Auryn Resources Inc. (TSX: AUG, NYSE AMERICAN:...
About this update from Fury Gold Mines Limited
[{"type":"text","content":"Auryn Identifies Significant Copper Mineralization at New Prospect Near SombreroVANCOUVER, BC / ACCESSWIRE / January 7, 2019 / Auryn Resources Inc. (TSX: AUG, NYSE AMERICAN: AUG, \"Auryn\" or the \"Company\") has identified a significant zone of oxide copper mineralization over a 1.2-kilometer strike length and 500-meter width. It is located about 12 kilometers south of Sombrero at the Milpoc prospect (Figure 1). Rock samples have returned copper - oxide mineralization grades ranging from 0.1% - 8.45% and silver grades ranging from 0.06 g/t - 101 g/t (Table 1).The stratiform mineralization identified at Milpoc is hosted within red bed sediments of the Casapalca formation and is the first mineralization observed stratigraphically above the Ferrobamba formation. The Ferrobamba hosts the known high-grade copper - gold exo-skarn mineralization at the Sombrero project to the north. This mineralization is preferentially hosted in highly porous sandstone units that typically have a thickness of 10 - 30 centimeters and there are numerous mineralized beds that occur over a 100-meter thickness within the sedimentary sequence. In addition, the Ferrobamba limestone observed adjacent to the Casapalca formation is characterized by jasperoid silica bodies that are consistent with a distal signature to an intrusive or underlying skarn body at depth (Figure 2). Auryn will continue to evaluate the Milpoc prospect through magnetic surveying in an effort to identify the potential source area of the mineralization.A Message from Michael Henrichsen, C.O.O. and Chief Geologist:\"The high-grade copper-oxide and silver mineralization at Milpoc represents another opportunity within the Sombrero district to discover an additional intrusive center that could be related to skarn and porphyry mineralization. Our technical group continues to discover new styles of mineralization in different formations that we feel demonstrate a very high level of mineral endowment within this newly-emerging district.\"Table 1: Milpoc Rock Samples* Sample Cu (%) Ag (ppm) W654645 8.75 101 W647834 5.55 52.7 W647830 4.95 51 W654649 3.70 41 W647829 2.79 53 W647774 2.54 51 W647833 1.90 37.5 W647828 1.80 49.4 W654647 1.71 27.4 W654650 1.10 36.8 W647832 0.46 0.39 W647765 0.39 0.08 W654641 0.33 1.57 W647835 0.31 9.85 W647831 0.29 0.25 W654643 0.26 13.3 W654646 0.20 2.28 W647772 0.11 ...