Mining News: Northern Neighbors: More gold targets at Committee Bay

Auryn Resources Inc. Nov. 28 posted results from a till sampling program designed to identify the highest grade gold-in-till signatures along the 300-kilometer- (185 miles) long greenstone belt at its Committee Bay gold project in Nunavut. "Auryn's belt-wide till sampling program has identified 17 significant gold-in-till anomalies that represent large-scale mineralized systems within the Committee Bay gold belt,” explained Auryn COO Michael Henrichsen. Nine of these gold-in-till anomalies were identified in the southwest region of the Committee Bay project. Anuri, a 20-kilometer- (12.5 miles) long north-south trending gold-in-till structural corridor identified in 2015, has been extended to 30 kilometers (19 miles) with this year’s sampling. On Nov. 25, the company reported results from rotary air blast drilling targeting a set of east-west trending structures at Anuri. Highlights from this drilling include 9.14 meters of 1.04 grams per metric ton gold and 7.62 meters of 1.05 g/t gold. Based on the discovery of a new high-grade boulder train at Anuri, Auryn believes this year’s drilling tapped a structure that is secondary to a prominent regional north-south trending fault zone adjacent to the 2016 drilling area. The highest grade samples from the new boulder train are: 45.9 g/t, 41.5 g/t, 33.3 g/t, and 14.55 g/t gold. In addition to Anuri, a cluster of three new till anomalies was identified in the vicinity of Quartzite Ridge and a very well defined till anomaly was identified near Four Hills, both in the southwestern region of Committee Bay. In the central region of the Committee Bay belt, near the 1.6-million-ounce Three Bluffs gold deposit, six gold-in-till anomalies were identified. Till anomalies identified in the Three Bluffs deposit region demonstrate that there is a prominent north-south trend to mineralization situated along a set of secondary structures identified with a high resolution geophysical survey completed earlier this year. These till anomalies have demonstrated high-grade potential from both historical and 2016 boulder and rock sampling. A second prominent northeast trend of mineralization has also been discovered on a set of fault zones. The sampling program identified two other large till anomalies in the northeastern region of Committee Bay. These two anomalies, identified south of the Inuk prospect where previous drilling cut 16 meters of 12 g/t gold, are very significant in that they are located to the south of all previous historical gold bearing rock and till samples. “Our 2017 exploration program will be scaled to test each of the 17 multi-kilometer targets," Henrichsen said.

-Shane Lasley