Auxico Resources Canada is pleased to announce that it has signed a Memorandum of Understanding with the government of the Department of Guainia in eastern Colombia to produce gold and other minerals. Under the terms of the MOU, both parties agree to work together to set up operations for the production of gold and other minerals in Guainia, which will be managed by Auxico. These other minerals include, but are not [...]
Auxico Resources Canada is pleased to announce sampling results from a recent campaign carried out over some selected areas on Auxico’s 100% owned Zamora Silver-Gold Property in Mexico, which confirm the high-grade nature of the silver and gold mineralization. Interpretive Map with Past Producers and Occurrences Sample number 842 was channeled in the volcanic breccia over a width of 80cm and returned a very [...]
Auxico Resources Canada Inc. announces that it granted 600,000 stock options to two consultants. These options have a strike price of $0.25, no vesting period and an expiry date of August 21, 2023. « signed » « signed » Pierre Gauthier Mark Billings CEO, Auxico Resources Canada Inc. President, mb@auxicoresources.com Cell: +1 514 299 0881 Cell: +1 514 296 1641 About Auxico Resources Canada Inc [...]
Auxico Resources Canada Inc. is pleased to announce that it has completed the first tranche of a non-brokered private placement of 2,550,000 units , issued at a price of $0.20 per Unit, for gross proceeds of $510,000. Each unit consists of one common share and one-half transferable common share purchase warrant . Each full Warrant entitles the holder to acquire one additional Common Share of the Company at a price of [...]
MONTREAL, July 10, 2018 -- Auxico Resources Canada Inc. is pleased to announce that it has entered into eight option agreements to acquire a 70% interest in the profits from the production of precious metals, base metals and coltan, originating from properties in Colombia and Venezuela. The Company is pleased to report the following sampling results, which were analyzed for their metal content at the Centre de Technologie [...]
MONTREAL, June 07, 2018 -- Auxico Resources Canada Inc. is pleased to announce that the Company has signed a Memorandum of Understanding with Aucito S.A.S., a Colombian company, concerning the Villa Kelly Property in the Department of Bolivar, Colombia. The Villa Kelly Property covers an area of 92.2 hectares. According to the report written by M.Sc. Eng. Rene Florencio Lugo Primelles of ITKnowLogistics S.A.S , a total of [...]
MONTREAL, June 01, 2018 -- Auxico Resources Canada Inc. is pleased to announce that the Company has discovered three historical mines containing unrecognized shafts and pits located along the Zamora Vein, including the La Campeona mine, which returned 30 cm of 10.1 g/t gold and 941.7 g/t silver. These discoveries extend the Zamora Vein and the parallel El Obatel Vein over a strike length of at least 800 metres. The Zamora [...]
MONTREAL, May 25, 2018 -- Auxico Resources Canada Inc. is pleased to announce that the Company has acquired worldwide rights to a non-mercury, non-cyanide gold and silver extraction process that is currently patent-pending. The metallurgical extraction process was developed by Central America Nickel Inc. for the extraction of energy metals such as nickel, cobalt, vanadium, scandium, manganese and copper. The process was [...]
MONTREAL, May 08, 2018 -- Auxico Resources Canada Inc. is pleased to announce that it has signed a Memorandum of Understanding with the government of the Department of Bolivar to produce gold in this area of Colombia. Under the terms of the MOU, both parties agree to work together to set up gold production operations in Bolivar, which will be managed by Auxico. For its part, the Bolivar government agrees to contribute the [...]
MONTREAL, March 13, 2018 -- Auxico Resources Canada Inc. is pleased to announce the sampling results taken from the Metalor property in Colombia. A total of six selected samples were taken. Five of the six samples contain scandium within an average content of 1,300 grams of scandium per tonne. Five of the six samples contain gold with an average gold content of 21 g/t. Scandium oxide currently sells at $4,200 US per [...]
MONTREAL, March 07, 2018 -- Auxico Resources Canada Inc. is pleased to announce that initial XRF spectrometer results have yielded up to 10.75 g/t of gold and 0.27% of cobalt in an exhalative shale unit. The analysis was derived from a float sample very close to the source upstream. Auxico's QP and independent consulting geologist Joel Scodnick personally visited the Metaloro Property and selected all of the samples. An [...]
MONTREAL, March 05, 2018 -- Auxico Resources Canada Inc. is pleased to announce the acquisition of thirteen properties located 75 km southwest of the city of Bogota, Colombia. These properties represent a total of 65,000 hectares with each property averaging approximately 5,000 hectares. This area is known for high-grade gold and cobalt, as well as other base metals. Joel Scodnick, the Company’s consulting [...]
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