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


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