Mr. Ivan Bebek reports

AURYN RESUMES TRENCHING AT SOMBRERO COPPER-GOLD PROJECT

Auryn Resources Inc. has resumed trenching at its Sombrero copper-gold project located in southern Peru. Trenching has commenced at the Fierrazo claims and will continue through the Nioc, Good Lucky, Totora and Milpoc high-priority target areas.

Ivan Bebek, executive chairman and director, said: "This is an exciting start to 2019 as we resume our surface and trenching programs on new target areas at Sombrero. With its scale, geophysical signatures, and the extensively mapped and sampled copper-gold mineralization, Sombrero is a unique, never-before-drilled opportunity for significant discovery.

"In the coming months we look forward to receiving continuous surface results from Sombrero in addition to results from our machine learning and targeting at Committee Bay."

About the Fierrazo target

Auryn optioned the Fierrazo concession at the end of last year (see Dec. 19, 2018, news release). It is located 1.5 km northeast of the company's Sombrero Main prospect, where the bulk of surface work to date has occurred.

The Fierrazo concession has seen modest historical mining for iron ore; however, Auryn's technical team recognizes potential for the copper-gold system defined at the Sombrero Main prospect to extend onto Fierrazo. Historic rock samples from the defined skarn system have ranged in values from 0.13 to 1.04 grams per tonne gold and 0.13 to 5.14 per cent copper. Over the next several months drill targets will be defined with geologic mapping, surface sampling, trenching and geophysics.

     HISTORICAL COPPER AND GOLD ROCK SAMPLES
 SOMBRERO -- FIERRAZO HISTORICAL ROCK HIGHLIGHTS*

Gold                                         Cu (%)  
                   
1.04                                           5.14                       
0.34                                           2.09                       
0.27                                           1.65                       
0.17                                           0.95                       
0.14                                           0.71                       
0.13                                           0.47                       
                                               0.29                       
                                               0.22                       
                                               0.18                       
                                               0.18                       
                                               0.15                       
                                               0.15                       
                                               0.14                       
                                               0.13                       

* Rock samples were collected by Alturas Minerals 
in 2009 and 2010. Samples were not collected in a 
systematic manner and may not be representative of 
the underlying mineralization. P. Person, 2010, 
technical report for the Sombrero project, 
Ayacucho department, southern Peru, dated June, 
2010, prepared for Alturas Minerals Corp. 

Michael Henrichsen, PGeo, chief operating officer of Auryn, is the qualified person who assumes responsibility for the technical disclosures in this press release.

About Auryn Resources Inc.

Auryn Resources is a technically driven junior mining exploration company focused on delivering shareholder value through project acquisition and development. The company's management team is highly experienced with an impressive record of success and has assembled an extensive technical team as well as a premier gold exploration portfolio. Auryn is focused on scalable high-grade gold deposits in established mining jurisdictions, which include the Committee Bay and Gibson MacQuoid gold projects located in Nunavut, the Homestake Ridge gold project in British Columbia, and a portfolio of gold projects in southern Peru, through Corisur Peru SAC.

About Sombrero

This project consists of the North Sombrero and South Sombrero properties, comprising approximately 100,000 mineral claims owned or optioned by Auryn Resources. The copper-gold Sombrero mining concessions are located 340 kilometres southeast of Lima in southern Peru and are hosted in the Andahuaylas-Yauri belt. This belt is interpreted to be on the northwestern margins of this Eocene-Oligocene-aged copper-gold porphyry and skarn belt that hosts the Las Bambas, Haquira, Los Chancas, Cotambambas, Constancia, Antapaccay and Tintaya deposits. The project is characterized by a strong structural control and significant copper and gold values from historical surface samples. The principal targets at Sombrero are copper-gold skarn and porphyry systems and precious metal epithermal deposits.

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