Auryn expands mineralized system at Inuk prospect and provides portfolio update

19 October 2017

Auryn Resources Inc. is pleased to announce new mineralization discovered at the Inuk prospect at its Committee Bay Gold Project located in Nunavut, Canada. Auryn intercepted 25 meters of 1.15g/t Au (including 3.05 meters of 4.13g/t Au) 400 meters away from the historic intercept of 12.6 meters of 16.04 g/t Au in hole INR003 within sulphidized banded iron formation. This hole extends the mineralized system considerably and demonstrates significant widths of mineralization under barren intrusive rocks that were not previously tested. This is the third area drilled at Committee Bay during 2017 to yield positive results and warrant further exploration.