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Auryn Trenches 184 meters of 0.57% Copper-Gold Equivalent at Sombrero
VANCOUVER, BC / ACCESSWIRE / March 12, 2019 / Auryn Resources Inc. (TSX: AUG, NYSE AMERICAN: ...
About this update from Fury Gold Mines Limited
[{"type":"text","content":"Auryn Trenches 184 meters of 0.57% Copper-Gold Equivalent at SombreroVANCOUVER, BC / ACCESSWIRE / March 12, 2019 / Auryn Resources Inc. (TSX: AUG, NYSE AMERICAN: AUG, \"Auryn\" or the \"Company\") is pleased to announce results from the first trench at the Fierrazo area at the Sombrero copper-gold project in southern Peru. Trench 20 is characterized by a continuous broad interval of both endoskarn and exoskarn mineralization that sampled 184 meters of 0.57% copper equivalent, including three higher grade internal intervals of 20 meters of 1.53% copper equivalent (1.50% copper and 0.04 g/t gold), 24 meters of 0.76% copper equivalent (0.70% copper and 0.09 g/t gold) and 20 meters of 0.95% copper equivalent (0.32% copper and 0.99 g/t gold) (Figure 1 & Table 1).A Message from Ivan Bebek, Executive Chairman & Director:\"This trench considerably increases our confidence that Sombrero could develop into a major copper-gold discovery. Trench 20 is the widest trench we have completed due to access to bedrock, and the grade is comparative to major mines along the Las Bambas belt nearby.We are very excited about additional trenches at Fierazzo, which are underway, and to begin surface work at the Nioc, Good Lucky and Totora targets. We anticipate a steady flow of trenching and sampling results in the months ahead prior to receiving our first drill permit at Sombrero Main.\"Significance of Trench Results to the Sombrero Project: The results from Trench 20, from the recently optioned Fierrazo concession (see press release from Dec 19, 2018), extend the known copper-gold skarn mineralization to over a 3.5-kilometer strike length along the margins of the contact zone between the Ferrobamba limestone and the mineralizing intrusive. The results from trenching programs to date provide a large-scale target where both high-grade exoskarn (109 meters of 0.70% copper equivalent in Trench 18 [3.5 km from Trench 20]) and bulk tonnage endoskarn mineralization (105 meters of 0.30% copper equivalent in Trench 09 [1.5 km from Trench 20]) have been encountered (Figure 2).Trench 20 extends the copper-gold mineralization 1.5 kilometers to the northeast of previous results from Trench 09. The area between the mineralized trenches is obscured with post-mineralization volcanic cover, but based on the continuity of mineralization observed on surface and r...