AUX RESOURCES CORPORATION (TSX-V: AUX)
AUX Resources (formerly Auramex until July 2020) is a gold-silver explorer with a commanding and prospective land position in British Columbia’s prolific Golden Triangle, and is committed to creating shareholder value by applying their geological expertise in the quest for large-scale discoveries.
Using a systematic and comprehensive approach, AUX Resources uses – and fuses – both traditional and emerging cutting-edge exploration techniques to maximize exploration success.
From early-August 2020 the company is drilling its flagship project at its Georgia Project, located in the southern core of the golden triangle in British Columbia. This forms part of a prolific mining region and a highly prospective but underexplored area in a Tier 1 mining jurisdiction, with intrusion related gold targets next to a high-grade past-producing gold mine, and the potential to become a major gold deposit.
Expectations are that positive drill results starting in early September 2020 and over the next 1-2 months will be a catalyst to drive this company’s value higher.
AUX Resources is fully financed to undertake its 2020 exploration plans after completing an oversubscribed CA$5.5m financing round in July 2020, and expects to begin exploration drilling shortly at the Georgia Project. A surface exploration program at the Independence and Silver Crown properties has already commenced with the goal of defining a drill program for Summer 2021.
When compared to other producers in the golden triangle region, AUX Resources’ stock price represents excellent value as a ground floor investment opportunity.
“I’ve been acquiring mineral assets since 2007, and am also ceo of libero copper & gold at the northern end of the golden triangle, a similar project to aux resources’ georgia project and my fellow aux director brad rourke is ceo of scottie resources also in the stewart camp. There are a lot of synergies between the three projects and a lot of the same shareholders invested in us in the last financing round. The whole area is crying out for consolidation, and hitting on our 3,500 metre drilling program at the old georgie river mine and the larger hydrothermal target in the next 1-2 months will be a game-changer.”
Ian Slater, CEO and Director, AUX Resources
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MARKET SUMMARY: Gold-Silver Exploration
AUX RESOURCES CORPORATION (TSX-V: AUX)
Investing in gold-silver exploration stocks can be high risk, but some of those risks can be mitigated by choosing an experienced management team with good exploration assets, selecting the right geographic location, and investing in prime gold producing regions.
One such company with all these attributes is AUX Resources, which has quickly acquired a number of interesting gold projects. Formerly called Auramex, management changed the company’s name to AUX Resources in July 2020.
The Golden Triangle, British Columbia (Where AUX Resources’ Assets Are Located)
AUX RESOURCES CORPORATION (TSX-V: AUX)
British Columbia’s Golden Triangle mining district lies in a wide volcanic belt crosscut by numerous long-lived deep crustal structures which provided pathways for mineralization.
With its rich and diverse geology, the Golden Triangle hosts several types of the world’s largest and richest mineral deposits.
To date, more than 130 million ounces of gold, 800 million ounces of silver and 40 billion pounds of copper have been discovered there.
Along trend from Georgia: Pretium’s Brucejack, one of largest gold mines in Canada, new mine, high grade, huge market cap – similar to Georgia River – (and AUX Resources have historic lines on their property).
Infrastructure & Accessibility
• 16km from the mining town of Stewart, BC.
• Access to a nearby deep water port, and historic roads to the Portland Canal.Commanding land position
• Over 25,500 hectares in the Stewart Mining Camp.
• Properties adjacent to Scottie Resources, Ascot Resources, Pretium Resources.
SITE #1) Georgia, Stewart, British Columbia, Canada
AUX RESOURCES CORPORATION (TSX-V: AUX)
Georgia, The Current Flagship Project (Summer 2020)
Defined Area: 7,900 ha of claims surrounding the past producing Georgie River mine.
Ideal Location: Situated on the Portland Canal, 16km from Stewart with access to a deep-water port in ice free tidewater.
Complete Site Ownership: the Georgia Project is 100% owned by AUX Resources Corp.
Gold and Silver: Au-Ag past producer in footwall of a major deformation zone.
Opportunity for scale: Georgia includes over 1km of relief hosting a large hydrothermal system.
Gram-plus gold values: over 590m of projected surface trace and veins in the old mine confirm presence of gold in a very large Early Jurassic hydrothermal system.
SITE #2) Independence, BC and SITE #3) Silver Crown, BC
AUX RESOURCES CORPORATION (TSX-V: AUX)
Production/Location Details:
2,600 ha of strategically located claims with 13 mineral occurrences. Highway 37A and major electrical transmission lines cross property.
Independence
• Contains operating silver mines from over 100 years ago (high-grade silver mined in the 1920s.
• Completely surrounds the crown grants that host the historic Red Cliff mine (one of the first and largest mines in the Stewart Camp).
• Adjacent to some of AUX’s current historical claims (so fits in and expands one of their existing projects).Silver Crown
• Property adjacent to two operating mines in the region, Pretium and Ascot, and are both drilling right beside Silver Crown.
• Summer 2019: drill program and sampled a 900 metre strike length of high-grade gold and silver, at least 18 veins over a 1.4 km corridor.Exploration re-commenced in early August at both sites.
AUX RESOURCES FINAL INVESTOR SUMMARY:
AUX RESOURCES CORPORATION (TSX-V: AUX)
The prospects for future sector growth appear highly positive for AUX Resources due to its:
Prime exploration locations, with a large number of historical mines with large undrilled areas ripe for exploration, leaving the company poised to dominate the southern tip of BCs Golden Triangle through consolidation and rapid advancement of a past-producer
Fully financed operations for the 2020 field season with an aggressive exploration plan already underway
Experienced management and production team deeply entrenched in the Golden Triangle and surrounding communities
We believe AUX Resources is undervalued relative to its Canadian mining peers, with a share price set to benefit significantly from its strong growth story and exploration drilling at the Georgia project, starting from early-August 2020.
Taking these factors into account, AUX Resources Corp is set to establish itself as a leading North American exploration company in 2020 and beyond.
For more infromation on how to invest in AUX Resources, and to claim your copy of a FREE SPECIAL REPORT outlining the Investment Opportunity: DOWNLOAD OUR SPECIAL REPORT.
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