Auryn Resources Inc. July 17 reported the start of a 15,000-meter drill program at Homestake Ridge, a northwestern British Columbia gold project the company acquired in September.

According to a 2012 calculation, the three main deposits at Homestake host 604,000 metric tons of indicated resource averaging 6.4 grams per metric ton (124,000 ounces) gold; 48.3 g/t (939,000 oz) silver; and 0.18 pe...