Oct 27 2015
Auryn Resources Inc. is pleased to announce results from its till sampling program from the SW region of its Committee Bay Gold Project located in Nunavut. The program was designed to develop robust and repeatable gold vectors over targets identified in Auryn's prospectivity analysis.
Results from the program (see Figure 1) have identified a total of 5 new significant anomalies that range from between 1 km to 10 km in length. Importantly, 3 of these anomalies constitute a newly recognized corridor of elevated gold in tills that extends for over 20 km. The targets identified have seen little to no historical work on them and demonstrate the very prospective nature of the bedrock beneath the till that covers 95% of the 300km belt. Collectively these till anomalies will become the focus for continued exploration within the SW region of the Committee Bay belt.
Auryn CEO Shawn Wallace commented, "The till anomalies identified in 2015 validate Auryn's exploration approach of realizing the belt's potential to host gold mineralization underneath glacial cover. We believe that these gold till anomalies represent covered mineralized systems that will become the focus of our drilling efforts moving forward."
Michael Henrichsen (Chief Operating Officer), P.Geo, is the QP who assumes responsibility for the technical contents of this press release.
Till samples were collected mostly from active frost boils. Samples from 3 to 5 kg each sent to ALS Lab in Yellowknife, NWT and Vancouver, BC for preparation and then to ALS Lab in Vancouver, BC for analysis. All samples are analysed using Ultra-Trace Au by Cyanide Extraction and ICP-MS finish method (Au-CN44) and multi-element aqua regia digest ICP-AES/ICP-MS method (ME-MS41). QA/QC programs using internal standard samples, field and lab duplicates, re-assays, and blanks indicate good accuracy and precision in a large majority of standards assayed."