Thursday 29th September 2016

Resource Clips



Auryx reports Namibia Gold Assays up to 7.55 g/t over 20m

Resource Clips - essential news on junior gold mining and junior silver miningAuryx Gold Corp TSX:AYX announced results from the K2 shoot of its Otjikoto Project in Namibia. Assays include

7.55 g/t gold over 20 metres
(including 14.42 g/t over 3 metres)
3.95 g/t over 11 metres
(including 8.4 g/t over 2 metres)
13.37 g/t over 3 metres
(including 32.48 g/t over 1 metre)
2.34 g/t over 9 metres
2.3 g/t over 5 metres
(including 7.09 g/t over 1 metre)

CEO Tim Searcy comments, “The K2 shoot is a true geologic discovery. The new structurally controlled model that we have developed is a significant step forward in our geologic modelling and drill targeting at Otjikoto. The model describes the mineralization of the current resource and has now demonstrated predictive powers for locating new zones of mineralization, such as K2. I expect that this will greatly improve the exploration hit rate and it has positive implications for resource growth. These results confirm that the mineralizing system at Otjikoto is far more extensive than what falls within the PEA pit and there is excellent potential for finding mineralization of robust grade and good thickness.”

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Contact:
Andisheh Beiki
Investor Relations
416.361.2213

by Greg Klein

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