Auryn Resources starts drilling at Homestake Ridge
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 (email@example.com).
Antonio Arribas, Ivan James Bebek, Steven Mark Cook, Gordon John Fretwell, Michael Kosowan, Daniel T McCoy, Keith Charles Minty, Shawn K Wallace
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