The company said the targets are based on extensive geological mapping, geochemical sampling and geophysical surveys.
Auryn Resources (TSX:AUG,NYSEAMERICAN:AUG) has identified several kilometer-scale targets under copper – gold surface mineralization at its Sombrero project in Southern Peru.
The company said the targets are based on extensive geological mapping, geochemical sampling and geophysical surveys. The results of the targeting have outlined a large copper – gold system that is exposed over a 10 x 5 kilometer area. This scale of alteration and mineralization is similar in scale to the Las Bambas complex and demonstrates the potential magnitude of the opportunity at the Sombrero project
Executive chairman and director of Auyrn, Ivan Bebek said:
“The Sombrero project continues to evolve as a globally significant exploration opportunity due to it’s scale and analogous features to the world-class mines nearby.
“It is a rare opportunity to explore a project with this size and scale that has never been drilled before. We still don’t know the full extent of the mineralized system, on surface or at depth however, we anticipate drill permits in the second quarter of 2019.”