Posts tagged "AURYN"

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 […]

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

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Penny Stock News: Auryn Resources Inc. (GGTCF: OTCQX International) | Acquisition by Auryn Resources Inc. Approved by Shareholders of North Country

EDMONTON, ALBERTA–(Marketwired – Sep 18, 2015) – North Country Gold Corp. (TSX VENTURE:NCG) (“North Country“) and Auryn Resources Inc. (TSX VENTURE:AUG)(OTCQX:GGTCF) (“Auryn“) are pleased to announce that the plan of arrangement (the “Arrangement“), pursuant to which Auryn will acquire all of the issued and outstanding common shares of North Country (“North Country Shares“), was approved by North Country shareholders at the special meeting of North Country shareholders held on September 18, 2015. At the meeting, approximately 99.85% of the votes cast by North Country shareholders were voted in favour of the Arrangement. A total of 49,345,323 North Country Shares were voted at the meeting, representing approximately 33.34% of the votes attached to all outstanding North Country Shares. The Arrangement is being proposed under, and is subject to the terms and conditions of, an arrangement agreement dated August 13, 2015 between North Country and Auryn (the “Arrangement Agreement“). Assuming the Arrangement becomes effective, holders of North Country Shares will receive 0.1 of a common share of Auryn (each whole common share, an “Auryn Share“) for each North Country Share held (such exchange ratio being hereinafter referred to as the “Exchange Ratio“). In addition, each outstanding option to acquire North Country Shares […]

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Posted by admin - September 18, 2015 at 9:34 pm

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Penny Stock News: Auryn Resources Inc. (GGTCF: OTCQX International) | Auryn Resources and North Country Execute Formal Agreement for Previously Announced Acquisition

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Aug 13, 2015) – Auryn Resources Inc. (TSX VENTURE:AUG)(OTCQX:GGTCF) (“Auryn”) and North Country Gold Corp. (TSX VENTURE:NCG)(OTCQX:NCGDF) (“North Country”) are pleased to announce that they have entered into a definitive arrangement agreement (the “Arrangement Agreement”) pursuant to which Auryn will acquire 100% of North Country under a plan of arrangement (the “Arrangement”) on the terms disclosed in their joint news release issued on June 30, 2015. Under the Arrangement, North Country shareholders will receive one Auryn common share for each ten North Country common shares held at the time of completion of the Arrangement. Completion of the Arrangement is principally subject to (a) approval of at least 66 2/3% of the votes cast at a special meeting of North Country shareholders (the “Meeting”) and a simple majority of the votes cast at the Meeting by North Country shareholders other than certain insiders; (b) TSX Venture Exchange (“TSXV”) approval; and (c) Alberta Queen’s Bench Court approval. Full details of the Arrangement will be set out in the information circular of North Country which North Country expects to mail to its shareholders in respect of the Meeting within two weeks. Assuming all the requisite approvals are received, Auryn […]

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Posted by admin - August 14, 2015 at 4:51 am

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Penny Stock News: North Country Gold (NCGDF: OTCQX International) | Auryn Resources and North Country Execute Formal Agreement for Previously Announced Acquisition

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Aug 13, 2015) – Auryn Resources Inc. (TSX VENTURE:AUG)(OTCQX:GGTCF) (“Auryn”) and North Country Gold Corp. (TSX VENTURE:NCG)(OTCQX:NCGDF) (“North Country”) are pleased to announce that they have entered into a definitive arrangement agreement (the “Arrangement Agreement”) pursuant to which Auryn will acquire 100% of North Country under a plan of arrangement (the “Arrangement”) on the terms disclosed in their joint news release issued on June 30, 2015. Under the Arrangement, North Country shareholders will receive one Auryn common share for each ten North Country common shares held at the time of completion of the Arrangement. Completion of the Arrangement is principally subject to (a) approval of at least 66 2/3% of the votes cast at a special meeting of North Country shareholders (the “Meeting”) and a simple majority of the votes cast at the Meeting by North Country shareholders other than certain insiders; (b) TSX Venture Exchange (“TSXV”) approval; and (c) Alberta Queen’s Bench Court approval. Full details of the Arrangement will be set out in the information circular of North Country which North Country expects to mail to its shareholders in respect of the Meeting within two weeks. Assuming all the requisite approvals are received, Auryn […]

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Posted by admin - August 14, 2015 at 3:42 am

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Penny Stock News: North Country Gold (NCGDF: OTCQX International) | North Country Gold and Auryn Resources sign Definitive Joint Exploration Agreement for the High Grade Committee Bay Gold Project and complete Private Placement

North Country Gold and Auryn Resources sign Definitive Joint Exploration Agreement for the High Grade Committee Bay Gold Project and complete Private Placement Mar 26, 2015 OTC Disclosure & News Service Edmonton, ALB, Canada This release includes additional documents. Select the link(s) below to view. NCG North Country NewsReleaseMarch20-2015_sgh.pdf Copyright © 2015 OTC Markets. All Rights Reserved The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases. OTC Markets Group – News, Filings & Corporate Actions

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Posted by admin - March 27, 2015 at 4:13 am

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Penny Stock News: North Country Gold (NCGDF: OTCQX International) | Auryn Resources and North Country Gold to Jointly Explore the High-Grade Committee Bay Gold Belt

EDMONTON, ALBERTA–(Marketwired – Feb. 5, 2015) – North Country Gold Corp. (TSX VENTURE:NCG)(OTCQX:NCGDF) (“North Country”) and Auryn Resources Inc. (TSX VENTURE:AUG) (“Auryn“), jointly announce that they have signed a letter of intent (the “LOI”) whereby Auryn can earn a 51% interest in North Country’s Committee Bay Project in Nunavut, Canada. This mineral project includes 184,481 acres situated along the Committee Bay Greenstone Belt (the “CBGB”). The CBGB occurs approximately 180 km NE of Agnico Eagle Mines’ Meadowbank mine and extends more than 300 km northeast. Shawn Wallace, President and CEO of Auryn stated, “We are very pleased to have successfully formed a working relationship with North Country. The opportunity to leverage the large amount of quality exploration work completed to date in order to exploit the exploration potential of this highly productive, prolific high grade gold district presents an excellent opportunity for value creation that will benefit both companies’ shareholders. Entering into this agreement also signifies Auryn’s first step at realizing its aspirations of becoming a formidable high grade gold exploration and development company in the Americas.” Brian Budd, President North Country stated, “We are pleased that Auryn shares North Country’s enthusiasm for the unequalled investment opportunity offered by our […]

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Posted by admin - February 5, 2015 at 7:29 pm

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Penny Stock News: North Country Gold (NCGDF: OTCQX International) | Auryn Resources and North Country Gold to Jointly Explore the High-Grade Committee Bay Gold Belt

EDMONTON, ALBERTA–(Marketwired – Feb 5, 2015) – North Country Gold Corp. (TSX VENTURE:NCG)(OTCQX:NCGDF) (“North Country”) and Auryn Resources Inc. (TSX VENTURE:AUG) (“Auryn“), jointly announce that they have signed a letter of intent (the “LOI”) whereby Auryn can earn a 51% interest in North Country’s Committee Bay Project in Nunavut, Canada. This mineral project includes 184,481 acres situated along the Committee Bay Greenstone Belt (the “CBGB”). The CBGB occurs approximately 180 km NE of Agnico Eagle Mines’ Meadowbank mine and extends more than 300 km northeast. Shawn Wallace, President and CEO of Auryn stated, “We are very pleased to have successfully formed a working relationship with North Country. The opportunity to leverage the large amount of quality exploration work completed to date in order to exploit the exploration potential of this highly productive, prolific high grade gold district presents an excellent opportunity for value creation that will benefit both companies’ shareholders. Entering into this agreement also signifies Auryn’s first step at realizing its aspirations of becoming a formidable high grade gold exploration and development company in the Americas.” Brian Budd, President North Country stated, “We are pleased that Auryn shares North Country’s enthusiasm for the unequalled investment opportunity offered by our […]

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Posted by admin - February 5, 2015 at 6:20 pm

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Penny Stock News: Medinah Minerals, Inc. (MDMN: OTC Pink Current) | AURYN Mining Chile, SpA Report to Medinah Mining Chile

AURYN Mining Chile, SpA Report to Medinah Mining Chile Aug 15, 2014 OTC Disclosure & News Service Las Vegas, NV This release includes additional documents. Select the link(s) below to view. Shareholder Update & AURYN Mining Chile, SpA Report to Medinah Mining Chile – August 15, 2014.pdf Copyright © 2014 OTC Markets. All Rights Reserved The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases. OTC Markets Group – News, Filings & Corporate Actions

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Posted by admin - August 16, 2014 at 3:44 am

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Penny Stock News: Medinah Minerals, Inc. (MDMN: OTC Pink Current) | Medinah Mining Chile Announces Status of Its Mining Option Agreement with AURYN Mining Chile

Medinah Mining Chile Announces Status of Its Mining Option Agreement with AURYN Mining Chile Jul 11, 2014 OTC Disclosure & News Service – On Friday, July 11, 2014, Medinah Minerals, Inc. (PINK SHEETS: MDMN) reports that its Chilean subsidiary, Medinah Mining Chile, has been notified that AURYN Holding Corporation (AHC) subsidiary AURYN Mining Chile (AMC) has been legally incorporated in the Country of Chile, and is on schedule to be fully operational by July 31, 2014. Signing of the final Mining Option Agreement, among the parties, is expected to occur on or before July 31, 2014. AURYN Holding Corporation has secured a line of credit for US $ 10,000,000 (ten million dollars), from Banco Sabadell, to fully fund AURYN Mining Chile (AMC) through its first stage of drilling and exploration on the Altos de Lipangue project. AMC Geologists are finalizing the first stage work program which will be completed and submitted to Medinah Mining Chile no later than August 15, 2014. Furthermore, the first stage of exploration is scheduled to commence in late August 2014. AURYN Mining Chile (AMC) reports that the drilling and exploration program budget will be fully funded by AHC through AMC. Additionally, the drilling and exploration […]

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Posted by admin - July 12, 2014 at 5:56 am

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