Auryn declares Nunavut RAB drilling a success
Last updated 10/18/2015 at Noon
Auryn Resources Inc. Oct. 14 said results from its rotary air blast drill program confirmed the continuity of high-grade gold mineralization in the southwest region of it Committee Bay project in Nunavut.
The program focused on the previously drilled West Plains structure and other targets within the area.
Highlights from West Plain drilling include: 16.76 meters of 10.36 grams per metric ton gold and 28.96 meters of 1.41 gold in hole 15WPR001 and 27.43 meters of 2.97 g/t gold in hole 15WPPR027.
Hole 15WPPR001 offset a historical drill result of 8.73 meters of 14.76 g/t gold.
Hole 15WPPR027 was a 50-meter step out hole positioned to establish the orientation of high-grade mineralization at the West Plains target.
Auryn said the results demonstrate that the high-grade mineralization has a sub-vertical plunge and is open at depth.
The company said this year's drilling shows that the West Plains shear zone is gold bearing over 1,800 meters of its 6,000-meter total strike length.
Auryn President and CEO Shawn Wallace said, "We are excited about the effectiveness of the RAB rig as the primary exploration tool in the Arctic as we undertake more aggressive exploration programs in 2016." Auryn is waiting on results from its till program which, in conjunction with several preliminary exploration studies undertaken this summer, will be used as the primary geochemical vector for defining targets for the 2016 drill campaign.
Auryn Resources Oct. 8 said it has staked 158,885 hectares (392,613 acres) of new claims along the Committee Bay Greenstone Belt in Nunavut. These new claims surround Auryn's existing 58,715-hectare (145,088 acres) Committee Bay gold project, increasing the company's total claims and leases in the region to 217,600 hectares (537,700 acres).