Posts tagged "Anuri"

Penny Stock News: Auryn Resources Inc. (GGTCF: OTCQX International) | Auryn Reports Remaining RAB Drill Results from 2016 Program and Identifies Two New High-Grade Boulder Trains at Anuri and Ridge Prospects

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov 25, 2016) – Auryn Resources Inc. (TSX:AUG)(OTCQX:GGTCF) (“Auryn” or the “Company) is pleased to announce results from its 2016 drill and boulder-sampling programs from its Committee Bay gold project located in Nunavut, Canada. Auryn successfully intersected gold in the majority of the RAB holes drilled across a set of east-west trending structures at Anuri that were the primary focus of the 2016 drill program. Highlights from the drilling include; 9.14 meters at 1.04g/t Au, 7.62m @ 1.05g/t, and 3.05m @ 2g/t Au (see Figure 1). The structure intersected is interpreted by Auryn to be a secondary structure based on the discovery of a new high-grade boulder train at Anuri that has a source along a prominent regional north-south trending fault zone adjacent to the 2016 drilling area (see Figure 1). The top 5 samples from the new boulder train are as follows: 45.9g/t Au, 41.5g/t Au, 33.3g/t Au, 14.55g/t Au, and 12.65g/t Au. Shawn Wallace, President and CEO stated, “The progress at the Committee Bay project achieved over the last two years has been significant. We have completed extensive surface work over 85% of the nearly 300km long greenstone belt and importantly have drastically reduced […]

Read more...

Posted by admin - November 25, 2016 at 9:24 pm

Categories: Latest Penny Stock News   Tags: , , , , , , , , , , , , , , , , , , , , , ,