Auryn Expands High-Grade Zone

Auryn Expands High-Grade Zone

By: Tomas Ronolski - AllPennyStocks.com News

Thursday, November 14, 2019

Vancouver-based Auryn Resources Inc. (TSX-Venture:AUG) has been busy and productive of late.

The Vancouver-baesd junior miner announced Thursday additional results from its first surface sampling program at two concessions in Southern Peru. Highlights include up to 7,990 g/t silver, 17.65 g/t gold and 6.97% copper.

These results extend the recently reported high-grade surface results from the 4.5 square kilometer mapped quartz-sericite-pyrite alteration zone by 1.5 kilometres to the west.

What’s more, the company has received results from rerunning the three rock samples that were over-limit, being greater than 1,500 g/t silver, in the first round of sampling Re-assay returned results of 1,630 g/t, 1,855 g/t and 3,110 g/t silver. 

Said company chair Ivan Bebek, “The abundance of high-grade sampled and the large mineralized footprint we have identified are an exceptional start to the Curibaya project. The grade endowment over a three kilometer by two kilometer area is impressive when considering the location of the project, within one of Peru's most prolific mining belts.

Shares vaulted nine cents, or 5.1%, to $1.87, on volume of 160.000


Copyright © 2019 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon

Other Penny Stock Movers

Canadian Inflation Moves Up as Expected But Easing Underlying Pressures Boost Hopes of June Rate Cut
Acquisition Announcement Launches Micro Cap To Kick Off The Week
Micro Cap Has Strong Reaction To Share Repurchase Program
Most Popular
FREE Newsletter


Back to Top