Auryn nabs large gold property in Nunavut

Auryn Resources Inc. Feb. 15 announced the acquisition of 19 prospecting permits covering 120 kilometers (75 miles) of the Gibsons MacQuoid greenstone belt, which is situated between the Meliadine gold deposit and Meadowbank Mine in Nunavut.

The acquisition of the prospecting permits cost Auryn roughly C$100,000, granting the company the rights to explore the 329,000-hectare (813,000 acres) gold p...