FURY.TO · 2018-06-14 12:00:00

High-resolution Till-sampling Results in Refined Drill Targets for 2018 at Committee Bay

Corporate Updates

High-resolution Till-sampling Results in Refined Drill Targets for 2018

at Committee Bay

Vancouver, British Columbia – June 14, 2018 – Auryn Resources Inc. (TSX: AUG, NYSE

American: AUG) (“Auryn” or the “Company) is pleased to announce that high-resolution till

sampling has become an integral layer of data for six targets at Committee Bay, Nunavut .

These targets include the already disclosed Aiviq sampling, which was drilled in 2017.

The gold assay results from the high-resolution (100 meter by 100 meter spacing) till surveys

across nine regional targets (Figure 1) demonstrate greater precision for identifying the

potential source areas of high-grade gold mineralization seen throughout the belt . The results

of the surveys have delineated gold -in-till anomalies that are consistent with the size of

potential deposit footprints and will form the basis of future drill campaigns at Committee Bay.

A Message from Auryn’s Executive Chair:

Executive Chairman and Director Ivan Bebek stated , “These results significantly improve our

level of understanding of the 300km long Committee Bay gold project and better positions us

for potential discovery . The tighter -spaced till sampling has demonstrat ed just how close we

were to the potential sources of gold during the 2017 drill campaign.”

Mr. Bebek further stated, “We are looking forward to confirming our theory in our 2018 drill

program, which we are currently planning.”

The Use of High-Resolution Tills to Redefine Targets:

Originally, the high-resolution tills were collected during the 2017 summer exploration program

to be analyzed using portable X -Ray fluorescence technology. After receiving the results from

the Aiviq discovery drill hole (12.2 meters at 4.7g/t Au) , Auryn sent the high -resolution tills to

ALS laboratories for ICP to analyze for gold. The gold results demonstrated that the high -

grade discovery drill hole spatially ov erlapped with the gold results from the high -resolution

tills. In addition, these results also redefined targets that had not been adequately drilled in

2017 (Figure 2).

Five of the nine regional targets have returned discrete new gold target s from the high -

resolution till s. These include the Koffy, Kalulik, Aarluk, Kanosak, and Castle Rock tar get

areas (Figures 3 – 7).

A Message from Auryn’s Chief Geologist:

Michael Henrichsen, COO and Chief Geologist stated, “ Auryn’s technical team considers the

high-resolution till data as a critical step in our exploration process to delineate source areas of

gold mineralization under till cover. Ultimately, we feel the drill results from the 2017 summer

campaign did not explain the strength of a number of the till anomalies associ ated with high -

grade gold in boulders. We feel the new high -resolution gold-in-till results will lead us to the

bedrock sources of mineralization.”

Michael Henrichsen, P.Geo, COO of Auryn, is the Qualified Person who assumes

responsibility for the technical disclosures in this press release.

ON BEHALF OF THE BOARD OF DIRECTORS OF AURYN RESOURCES INC.

Ivan Bebek

Executive Chairman

For further information on Auryn Resources Inc., please contact Natasha Frakes, Manager of

Corporate Communications at (778) 729-0600 or [email protected]

About Auryn

Auryn Resources is a technically driven junior mining exploration company focused on delivering shareholder value through

project acquisition and development. The Company’s management team is highly experienced with an impressive track record

of success and has assembled an extensive technical team as well as a premier gold exploration portfolio. Auryn is focused on

scalable high-grade gold deposits in established mining jurisdictions, which include the Committee Bay and Gibson MacQuoid

gold projects located in Nunavut, the Homestake Ridge gold project in British Columbia and a portfolio of gold projects in

southern Peru, through Corisur Peru SAC.

Forward looking information and additional cautionary language

This release includes certain statements that may be d eemed “forward -looking statements”. Forward -looking information is

information that includes implied future performance and/or forecast information including information relating to, or associ ated

with the acquisition and title to mineral concessions. Thes e statements involve known and unknown risks, uncertainties and

other factors which may cause actual results, performance or achievements of the Company to be materially different (either

positively or negatively) from any future results, performance or ac hievements expressed or implied by such forward -looking

statements. Readers should refer to the risks discussed in the Company’s Annual Information Form and MD&A for the year

ended December 31, 2016 and subsequent continuous disclosure filings with the Can adian Securities Administrators available

at www.sedar.com and the Company’s registration statement on Form 40 -F filed with the United States Securities and

Exchange Commission and available at www.sec.gov.

2017 pXRF tills Au assay - Samples (250g) of unweathered till were collected from 20 -30cm depth in frost boils at 100m

sample spacing. Pebbles (>1cm) were removed in the field. Samples were not collected in areas of glaciofluvial or fluvial

reworking. Collected samples were sent to ALS Laboratories in Vancouver BC for preparation and analysis. All samples are

screened using 600µm screen and analyzed using 50g nominal weight trace level Au by aqua regia extraction and ICP -MS

finish method (Au-TL44) on a -600µm fraction. QA/QC programs using internal standard samples, field and lab duplicates, re -

assays, and blanks indicate good overall accuracy and precision.

Disclaimer

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this

release.

Figure 1: Illustrates the regional target areas that were analyzed for gold using high-resolution

till samples.

Figure 2: Illustrates the progression of targeting at the Aiviq prospe ct from the regional till

target area defined by the red color on the left to far more discrete drill targets defined by the