Mr. Shawn Wallace reports
AURYN DRILLING CONFIRMS CONTINUITY OF HIGH GRADE GOLD MINERALIZATION AT COMMITTEE BAY
Auryn Resources Inc. has provided drill results from its pilot RAB (rotary air blast) drill program from the southwest region of the Committee Bay gold project. The drill program focused on the previously drilled West Plains structure and other targets within the area.
Highlights from the West Plains target include 16.76 metres of 10.36 grams per tonne (g/t) gold (including 12.19 m of 13.89 g/t Au) and 28.96 m of 1.41 g/t Au (15WPPR001), and 27.43 m at 2.97 g/t Au (including 10.67 m of 5.45 g/t Au) (15WPPR027).
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Drill hole 15WPPR001 was designed as an infill hole offsetting
previously reported historical diamond drill result of 8.73 m of 14.76 g/t
Au and eight m of 13.14 g/t Au (see North Country Gold news release -- Aug. 8, 2006).
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Drill hole 15WPPR027 was designed as a 50 m step-out hole to the
southwest of the known high grade to establish the orientation of high-grade mineralization at the West Plains target. The resultant intercept
of 27.43 m of 2.97 g/t Au (including 10.67 m of 5.45 g/t Au) demonstrates
that the high-grade mineralization has a subvertical plunge and is open
at depth.
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The RAB drilling results compared favourably with the diamond drill results
with no significant variations on grade or length of intercept.
Additional drill results from the West Plains structure include 24.38 m of 0.64 g/t Au (15WPPR015), 10.67 m at 1.26 g/t Au (15WPPR023) and 7.62 m of 0.51 g/t Au (15WPPR020). Collectively these results show that the West Plains shear zone is gold bearing over 1.8 kilometres of its six km total strike length as imaged in the 2015 inversed polarization (IP) survey. The West Plains shear zone is considered to be underexplored and highly prospective as a host for additional gold mineralization with only six holes drilled away from the defined mineralization.
SIGNIFICANT NEW INTERCEPTS FROM WEST PLAINS DRILLING
From To Interval Au
Drill hole (m) (m) (m) (g/t)
15WPPR001 15.24 44.2 28.96 1.41
15WPPR001 60.96 77.72 16.76 10.36
including 12.19 13.65
15WPPR027 1.52 28.96 27.43 2.97
including 10.67 5.45
15WPPR015 13.72 38.1 24.38 0.64
15WPPR020 67.06 74.68 7.62 0.51
15WPPR023 38.1 48.77 10.67 1.26
The company is currently waiting on results from its till program which, in conjunction with several preliminary exploration studies undertaken this summer, will be used as the primary geochemical vector for defining targets for the 2016 drill campaign.
Auryn president and chief executive officer, Shawn Wallace, commented: "The initial drill program successfully established the geometry of the high-grade mineralization at West Plains, discovered additional gold mineralization to the north demonstrating the excellent prospectivity of the 10 km plus extension of the West Plains shear zone and, most importantly, demonstrated the ability to drill at a much more efficient cost in Nunavut. We are excited about the effectiveness of the RAB rig as the primary exploration tool in the Arctic as we undertake more aggressive exploration programs in 2016."
We seek Safe Harbor.
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