20 June 2016
Vancouver (June 20th, 2016) – Auryn Resources Inc. (TSXV:AUG, OTCQX:GGTCF) (“Auryn” or the “Company”) is pleased to announce that it has completed the staking of 162,000 additional hectares at its Committee Bay gold project located in Nunavut, Canada. This staking expands Auyrn’s current land package to greater than 380,000 hectares across the entire Committee Bay greenstone belt (see figure 1). Auryn has also initiated its summer exploration program which will consist of approximately 10,000 meters of rotary air blast (“RAB”) discovery focused drilling on the Anuri and West Plain target as well as the completion of regional till sampling across the entire project.
Airborne geophysical data, acquired during the spring program, has advanced targeting within the Anuri corridor by successfully identifying high priority targets defined through the combination of magnetic, electro-magnetic, drone imagery, and geochemical datasets (see figure 2).
Auryn would also like to welcome the addition of Rael Lispon to its technical team. Mr. Lipson held the role of Chief Exploration Geologist at Goldfields for over 14 years and was instrumental in the discovery of the Three Bluffs deposit at Committee Bay. Mr. Lipson commented, “I am delighted to once again be associated with the Committee Bay project in Nunavut after an absence of some 13 years. This belt-scale play, which besides the 1.3 million ounce Three Bluffs deposit, is still in the very early stages of exploration and promises significant untapped potential. It is with excitement that I look forward to working with the dynamic Auryn team in taking the project to the next level.”
Shawn Wallace President and CEO of Auryn stated, “We are very excited to commence our discovery focused exploration program this summer. The Committee Bay project represents one of the largest, high-grade gold endowed greenstone belts in the world with several preliminary gold discoveries to date.”