Auxico Resources Canada Inc. is pleased to announce that it has entered into a Memorandum Of Understanding with the Brazilian mining cooperative Cooperativa Estanífera de Mineradores da Amazônia Legal, with regard to the exploitation and commercialization of rare earths from the tin tailings originating from deposits located over an estimated area [...]
Auxico Resources Canada Inc. is pleased to announce the acquisition of the surface rights to 1,293 hectares of land titled Agualinda, located in the municipality of Puerto Carreño, in the department of Vichada. The land adjoins the Mynastic property which the Company purchased in December 2020. The Mynastic property has been the subject of several [...]
Auxico Resources Canada Inc. is pleased to announce that the Company plans to build a 10,000 square metre rare earth refining facility in the free-trade zone in the city of Santa Marta, Colombia, capable of processing 36,000 tonnes of ore per year. The Company signed a lease agreement with an option to purchase four lots of land within the Zona [...]
Auxico Resources Canada Inc. is pleased to announce the discovery of platinum group metals in samples from the Company-controlled property in the department of Vichada, Colombia, and the optioned property in Ivory Coast. The samples from Colombia were taken within the first meter from the surface, above the rare earth occurrences that the Company [...]
Auxico Resources Canada Inc. is pleased to announce additional results of a recent sampling program that was conducted by the Company's Qualified Person, Joel Scodnick, P.Geo, on the Company-controlled property in the department of Vichada, in Colombia. Recent sample result confirmed a total rare earth oxide content of 59.70%, as presented in the [...]
Auxico Resources Canada Inc. is pleased to announce the initial results from a 15-pit sampling program carried out by the Company's Qualified Person, Joel Scodnick, P.Geo., on the Company-controlled property in the department of Vichada in Colombia. The initial four concentrate samples had a Total Rare Earth Oxide content exceeding 61%, as [...]
Auxico Resources Canada Inc. announces that it granted 510,000 stock options to consultants to the Company. These options have a strike price of $1.26, no vesting period and an expiry date of September 1, 2026. Auxico Resources Canada is a Canadian company that was founded in 2014 and based in Montreal. Auxico is engaged in the acquisition [...]
Auxico Resources Canada is pleased to announce new test results that confirm the presence of high-grade rare earth metals at a distance of 1.6 kilometres from the initial discovery point on the Company-controlled property in the department of Vichada in Colombia. For reference, please see the new results under Sample #1 in the table below with a [...]
Auxico Resources Canada is pleased to announce that the Company has signed a technology license agreement with Central America Nickel for the use of CAN's patent-pending ultrasound assisted extraction process for mineral extraction. The UAEx process is a sustainable metallurgical process for the refining of critical minerals using ultrasound [...]
Auxico Resources Canada Inc. is pleased to announce that Richard Boudreault has been elected to the board of directors of Auxico, following the Company's annual meeting of shareholders on July 15, 2021. A successful serial entrepreneur and C-level executive, Mr. Boudreault has held top corporate executive positions in organizations of all sizes in [...]
Auxico Resources Canada Inc. is pleased to announce that the Company made an additional discovery of a high-grade tin-tantalum target area in Colombia, with titanium, niobium, scandium and hafnium credits. The target area is located one kilometre north from the high-grade rare earth area on a Company-controlled property in the department of Vichada [...]
Auxico Resources Canada Inc. is pleased to announce that it has become a member of the Rare Earths Industry Association . REIA is a global organization with partners representing the rare earths elements value chain, aiming to develop a transparent, sustainable and integrated value chain for REEs. Auxico recently announced a significant discovery [...]