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Auryn Resources Inc.
Summary
| Project: | Huilacollo | |
|---|---|---|
| Deposit: | Huilacollo | |
| Location: | Peru | |
| Commodities: | Gold-Silver | |
| Date: | 10/12/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-10-2017: Auryn Resources Inc. announces a Supporting Acquisition report for its Huilacollo deposit at the Huilacollo project. Summary of property in support of acquisition. Auryn Resources Inc. (“Auryn”) is a Canadian exploration company focused on gol | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Michael B. Dufresne, Bahram Bahrami (APEX Geoscience Ltd.) | |
| ABSTRACT: | Auryn Resources Inc. (“Auryn”) is a Canadian exploration company focused on gold exploration in established, favourable mining jurisdictions. In August, 2017, Auryn commissioned APEX Geoscience Ltd. (“APEX”) to complete an independent National Instrument 43-101 (“NI 43-101”) Technical Report presenting an overview of historic and recent exploration for their Peruvian Huilacollo Property. The Huilacollo Property (the “Property”) encompasses 5 contiguous concessions totalling 3,300 hectares (“ha”) in the Tacna Province of southern Peru approximately 10 km northwest of the border with Chile and 55 km northeast of the City of Tacna, Peru. Auryn holds its interest in the Property through a private company named Corisur Peru S.A.C. (“Corisur”), which acquired the rights to the Huilacollo Property in three separate transactions with private Peruvian company’s/owners. Corisur may acquire 100% interest in the 5 concessions, subject to a Net Smelter Return (“NSR”), through a combination of work expenditures and cash payments. | |
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