In this interview, Executive Chairman Ivan Bebek provides an update on Auryn Resources’ Sombrero project in Peru. This massive project, which is 120,000 hectares, has become the envy of the major mining companies, many of whom have signed confidentiality agreements to take a closer look at the project. The Sombrero project is being compared to the world-class Las Bambas copper deposit (50M oz gold equivalent). With the most recent trench results of 232 meters of 0.55% copper equivalent, Sombrero continues to look like it could become the next Las Bambas.
0:05 Sombrero Project’s world-class analog of Las Bambas
2:40 Positive trench results consistent with Las Bambas potential
6:13 Common features of a copper deposit that differ from gold deposits
7:34 Upcoming catalysts for Sombrero
10:45 Auryn’s recent financing explained
14:02 Update on the possible sale of some of Auryn’s projects
14:45 Why Auryn trades at a premium when compared with peers
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