The company said that the permit covers an area of 1,031 hectares and allows it to drill up to 33 holes from 23 platforms.
Auryn Resources (TSX:AUG,NYSEAmerican:AUG) has announced that it has received its environmental permit from the Peruvian Ministry of Energy and Mines for its Sombrero copper-gold project in Southern Peru.
The company said that the permit covers an area of 1,031 hectares and allows it to drill up to 33 holes from 23 platforms on the Ccascabamba Sombrero Main target area, where Auryn has completed the majority of its work to-date within the 130,000 hectare land package.
As quoted in the press reelease, executive chairman and director of Auryn, Ivan Bebek said:
“We view the Sombrero district as a tier-1 exploration opportunity due to its size, the strength of mineralization on surface and the positive historical drilling results at the Fierrazo target. We have demonstrated that Sombrero is the western extension of the Andahuaylas-Yauri belt, and we believe that we may discover multiple world-class deposits within our land package. This initial program will test the first of four significant mineralized intrusive centers identified by our technical team to-date, as we continue exploring the additional intrusive centers in the coming months.”