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Auryn Resources Inc.
Summary
| Project: | Sombrero | |
|---|---|---|
| Deposit: | Sombrero | |
| Location: | Peru | |
| Commodities: | Copper-Gold | |
| Date: | 3/14/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-3-2019: Auryn Resources Inc. announces a Supporting Acquisition report for its Sombrero deposit at the Sombrero project. Summary of property in support of acquisition. The Sombrero Property (the “Property”) is located in southern Peru approximately 345 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Turner (APEX Geoscience Ltd.) | |
| ABSTRACT: | The Sombrero Property (the “Property”) is located in southern Peru approximately 345 kilometers (km) southeast of Lima. The Property is being explored for copper (Cu) - gold (Au) skarn mineralization and possible related Cu (and Cu-Au) Porphyry mineralization. The following Technical Report, written in accordance with NI 43-101 standards, summarizes the results of recent exploration work conducted at the Property by Auryn Resources Inc. (“Auryn” or “Auryn Resources”). The author of this report, Mr. Andrew J. Turner, P.Geol., is a Principal and Consultant with APEX Geoscience Ltd. (“APEX”), which was retained to complete this Technical Report in July of 2018. Mr. Turner is fully independent of both Auryn and all of the other underlying mineral concession owners. The author conducted a site visit at the Property between July 12 and 14, 2018, during which the presence of significant zones of iron (Fe)+/-Cu-Au skarn mineralization at the Property was confirmed. The Sombrero Property is located in southern Peru, in the Department of Ayacucho, and straddles the Provinces of Huanca Sancos and Victor Fajardo. The Property comprises a main block of 81 individual mineral concessions and a block of 3 additional concessions approximately 8km to the south of the main block. The 84 total mineral concessions comprise a total area of 73,000 hectares (ha), approximately 83% of which have been published and 17% remain “in application” but are expected to be granted shortly. Due to minor overlaps with pre-existing concessions, the effective size of the Property is currently 65,494.7 ha. | |
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