AURYN Mining Corporation (OTC: AUMC) is pleased to inform its shareholders about the following updates regarding the Fortuna Mine.

For the last few months AURYN has been dewatering and putting in reinforcement in previously developed tunnels of the historical Fortuna Mine, located at the Altos de Lipangue plateau. The Fortuna Mine has produced up to 85 g/ton in the past.

AURYN is aiming at the recovering of this site. Once work has finished and the mineralized vein is uncovered, a systematic sampling campaign will be done in order to decide what will be developed in the future. The AURYN team has come to the conclusion that the several high grade veins are all related and interconnected, including the Merlin and Larissa vein, and tentative mining plans are being reviewed.

A communication will be posted regarding progress and once an exploitation approach is decided.