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 [...]
Auxico Resources Canada Inc. is pleased to announce the significant discovery of high-value rare earth ore in Colombia, with a total rare earth content of 56.87%. Subsequent to a sampling program on 23 pits, samples from the Company-controlled property were sent to Canada and analyzed by Coalia Research Institute in Thetford Mines. The results from [...]
Auxico Resources Canada Inc. is pleased to announce that it has signed a joint venture agreement with Impact Global Solutions Inc. for the processing of tantalum ores that may also contain niobium, iridium and other minerals. Under the terms of the Agreement, Auxico will provide ores to IGS and bear all of the transportation costs for delivery to [...]
Auxico Resources Canada Inc. is pleased to announce that it has become a member of the Tantalum-Niobium International Study Center. TIC is an international, non-profit association that was established in 1973 to support, develop and promote the global tantalum and niobium industries. Last year, Auxico signed a joint venture for the concentration [...]
Auxico Resources Canada Inc. is pleased to announce that it has signed a letter of intent to finance the production and export of high-grade tantalum and iridium ore from an 800-hectare property located 400 metres from a deep sea port, in the sub-prefecture of Bouandougou, department of Mankono, Ivory Coast. Samples from the property were recently [...]
Auxico Resources Canada Inc. is pleased to announce that it has entered into a memorandum of understanding with the companies Minceracao Tantaline Im. & Exp. E Beneficiamento Ltda and Fantasia Mineracao R&M - Import Export , and the Bolivian mining cooperative Cooperativa Minera Aurifera "El Cerrito la Codiciada" Ltda , with regard to the [...]
Auxico Resources Canada Inc. is pleased to announce that it has made its first sales of manganese ore from Brazil to three customers in India, China, and the United Arab Emirates. Auxico has purchased and sold a total of 15,000 metric tonnes of manganese ore, with a minimum grade of 46% Mn. The Company expects to generate a 15% net profit margin on [...]
