Auryn Re­sources starts drilling at Homes­take Ridge

Stockwatch Daily - - MINES & METALS - Mr. Shawn Wal­lace re­ports

AURYN RE­SOURCES Inc. has ini­ti­ated a 15,000-me­tre ex­plo­ration drill pro­gram on the Homes­take Ridge gold project in the Golden Tri­an­gle in north­west­ern Bri­tish Columbia. Shawn Wal­lace, chief ex­ec­u­tive of­fi­cer, said: “With the com­mence­ment of this drill pro­gram, Auryn now has two dis­cov­ery drill pro­grams run­ning si­mul­ta­ne­ously. These pro­grams fur­ther in­crease the po­ten­tial for ma­jor dis­cov­er­ies in some of the most pro­lific high-grade gold re­gions within Canada.”

Mr. Wal­lace fur­ther stated, “Sur­face ex­plo­ration pro­grams are on­go­ing in Peru and drilling is an­tic­i­pated to

com­mence in the fourth quar­ter, once the Cana­dian drilling is com­plete.”

The 12-week sum­mer ex­plo­ration pro­gram at Homes­take is pri­mar­ily fo­cused on mak­ing new dis­cov­er­ies to con­sid­er­ably add to the high-grade re­source that is cur­rently de­fined on the project (re­fer to the tech­ni­cal re­port dated June 7, 2013, filed on SEDAR).

The Homes­take pro­gram will con­sist of 15,000 me­tres of di­a­mond drilling that will be sup­ported by the fol­low­ing sur­face work to tar­get newly de­fined struc­tures across the project area:

• 2,000 soil sam­ples tar­get­ing prospec­tive struc­tural cor­ri­dors on 200-by-25-me­tre grids;

• High-res­o­lu­tion XRF (X-ray flu­o­res­cence) soil sam­pling and short­wave in­frared anal­y­sis on 50 by 25 m grids;

• 16 line kilo­me­tres of in­duced po­lar­iza­tion geo­phys­i­cal sur­veys.

Michael Hen­rich­sen, chief op­er­at­ing of­fi­cer and chief ge­ol­o­gist, said: “Re­cent 3-D mod­el­ling of all his­tor­i­cal data as well as the rel­og­ging of 77,000 me­tres of his­tor­i­cal drill core has demon­strated the project has a num­ber of highly prospec­tive struc­tures that re­main untested. The tech­ni­cal team has done ex­ten­sive work to bring these tar­gets to a drill-ready state and is ex­cited about the on­go­ing drill pro­grams.”

We seek Safe Har­bor.

Karen Bax­ter con­densed this news re­lease (karenb@stock­watch.com).

An­to­nio Ar­ribas, Ivan James Be­bek, Steven Mark Cook, Gor­don John Fretwell, Michael Kosowan, Daniel T McCoy, Keith Charles Minty, Shawn K Wal­lace

(AUG) Shares: 76,743,099

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