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Auryn Intersects 116 meters of 0.58% Copper Equivalent in Historical Drill Core from Auryn's Fierrazo Target at Sombrero

VANCOUVER, BC / ACCESSWIRE / June 13, 2019 / Auryn Resources Inc. (TSX: AUG, NYSE AMERICAN: A...

articleFury Gold Mines LimitedJune 13, 20194/company/fury-gold-mines-ltd/news/auryn-intersects-116-meters-of-058percent-copper-equivalent-in-historical-drill-core-from-auryns-fierrazo-target-at-sombrero
Auryn Intersects 116 meters of 0.58% Copper Equivalent in Historical Drill Core from Auryn's Fierrazo Target at Sombrero

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[{"type":"text","content":"Auryn Intersects 116 meters of 0.58% Copper Equivalent in Historical Drill Core from Auryn’s Fierrazo Target at SombreroVANCOUVER, BC / ACCESSWIRE / June 13, 2019 / Auryn Resources Inc. (TSX: AUG, NYSE AMERICAN: AUG, \"Auryn\" or the \"Company\") is pleased to announce results from eight historical drill holes, totaling 988 meters of drilling, from the Fierrazo target at the Sombrero project in Southern Peru. These holes were drilled in 2013 targeting iron skarn mineralization, however Auryn's assay results encountered copper-gold mineralization in each hole. Highlights include 116 meters of 0.58% copper equivalent (0.42% Cu and 0.24 g/t Au), 90.4 meters of 0.51% copper equivalent (0.48% Cu and 0.05 g/t Au) and 51 meters of 0.53% copper equivalent (0.43% Cu and 0.16 g/t Au) (Figure 1 & Table 1).Significance of the Results: Copper-gold sulphide mineralization extends to depth underneath the previously reported surface channel sample of 232 meters of 0.55% Cu equivalent (see April 3, 2019 release). Copper-gold mineralization encountered at the Fierrazo target provides a clear analogue to discover additional large-scale mineralized exoskarn bodies within the Sombrero property, based on similar geophysical and geochemical signatures. The mineralization encountered in the historical drill holes confirms Auryn's belief that Sombrero has analogous geological and mineralization characteristics of the deposits of the Las Bambas district. A Message from Michael Henrichsen, COO & Chief Geologist:\"The presence of a cohesive copper-gold exoskarn body at Fierrazo has given us a great deal of confidence in terms of discovering other large-scale exoskarn bodies, which could make Sombrero a world-class discovery. Fierrazo is only a small window into the potential sub-surface mineralization and we are very excited for what's to come for the rest of the Sombrero Main system, where drill permits are in process.\"Table 1: Significant Intercepts – Historical Drill Holes* Hole ID From (m) To (m) Interval (m) Cu (%) Au (g/t) CuEQ % FE-DDH-01A 0 90.4 90.4 0.48 0.05 0.51 including 46.2 88 41.8 0.88 0.02 0.89 FE-DDH-01B 0 64.1 64.1 0.32 0.08 0.37 including 0 33.5 33.5 0.51 0.13 0.59 FE-DDH-02 0 51 51 0.43 0.16 0.53 including 3.05 24 20.95 0.70 0.25 0.85 59 111 52 0.17 0.07 0.21 131 137 6 0.15 0.02 0.16 151 165 14 0.36 0.19 0.48 incl...

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