8 July 2019
Auryn Resources Inc. is pleased to announce that it has commenced drilling at its Committee Bay gold project in Nunavut. The fully funded core drill program is anticipated to test up to four targets based on a combination of geological observations and data analyzed with machine learning. It will consist of approximately 3,000 meters.
A Message from Ivan Bebek, Executive Chairman & Director:
“We are very excited to have drills turning again at Committee Bay, where we feel there are significant opportunities to discover world-class high-grade gold deposits. We believe the addition of machine learning to aid in the already extensive targeting process will help our exploration team in the search for high-grade discoveries.
“The last four years of extensive exploration has progressively brought us closer to discovery and we are excited to follow-up on the well-developed gold-bearing hydrothermal systems at Aiviq and Kalulik.
“Our portfolio of projects once again becomes live with drilling for potential high-grade gold in Canada while we anticipate continuous results from our Sombrero project in Peru ahead of a maiden drill program by Auryn”
Drill Plan:
The company plans to drill along the 15-kilometer strike length of the Aiviq – Kalulik structural corridor, which has all the geological characteristics necessary to host major gold deposits with respect to alteration and structural preparation (Figure 1). To enhance the targeting efforts in the field, Auryn will be running induced polarization surveys to identify both chargeability and conductivity targets along the corridor.