For thousands of other reports visit RSC's Mineral Intellingence Map
Auryn Resources Inc.
Summary
| Project: | Committee Bay | |
|---|---|---|
| Deposit: | Three Bluffs, Anuri | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/3/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-10-2016: Auryn Resources Inc. announces an Exploration/Drilling Update report for its Three Bluffs, Anuri deposit at the Committee Bay project. Drilling results incl. 30m @ 2.12g/t Au from 777m. Vancouver, British Columbia (October 3rd, 2016) – Auryn Re | |
| Resources: | (Not mentioned in this report) | |
| CP/QP: | [Overall Report]: Michael Henrichsen (Not stated) | |
| ABSTRACT: | Vancouver, British Columbia (October 3rd, 2016) – Auryn Resources Inc. (TSXV:AUG, OTCQX:GGTCF) (“Auryn” or the “Company”) is pleased to announce partial results from its summer exploration program at the 300 km long Committee Bay Gold Project. Highlights include 13.71 meters of 1.91g/t at the Anuri prospect and 23 meters of 2.5g/t and 30 meters of 2.12g/t from the Three Bluffs deposit. During the 8 week summer program, the Company completed a major screening of the Committee Bay greenstone belt with approximately 10,000 meters of rotary air blast (“RAB”) drilling, 3,750 meters of diamond drilling at the Three Bluffs deposit, 5,500 regional till samples, 3,100 XRF till samples, 1,000 line kilometers of mapped boulders and 3,500 square kilometers of drone imagery over an 8 week field season covering an estimated 85% of the belt (see figure 1). Michael Henrichsen, Chief Geologist and COO of Auryn commented, “The initial RAB exploration drill results successfully intersected structures with gold mineralization underneath till cover. This has been a critical step forward on our path to discovery as it allows us to effectively target and drill the numerous high-grade corridors that have been highlighted from our 2016 summer reconnaissance work. At the Three Bluffs deposit, the modest five hole drill program demonstrated that the mineralized system extends to depth and remains open. We are very pleased to see the open nature of the system and plan to re-log the deposit in 2017 to enable us to efficiently target high-grade mineralization for the next phase of Three Bluffs drilling. We were able to achieve a tremendous amount of work this summer and look forward to the remaining drill results as well as the details of the 6 new multi-kilometer high-grade target corridors that we plan to drill in our 25,000 meter Committee Bay drill program in 2017.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report