AuQ Gold Mining Inc AUQ

Primary Symbol: V.AUQ Alternate Symbol(s): NSVLF

Metals & Mining Gold

AUQ Gold Mining Inc. is a Canada-based exploration company. The company is engaged in the acquisition, exploration and development of mineral property assets. The Company owns Lac Bruce lithium properties, which is located in the vicinity of the Mia Li-1 and Mia Li-2 lithium occurrences in the James Bay region of Northern Quebec. The Company's West Block is comprised of 61 claims covering approximately 3,150 hectares (31.5 km2). Its Central Block is comprised of 46 claims covering approximately 2,380 hectares (23.8 km2). Its East Block is comprised of 26 claims covering approximately 1,340 hectares (13.40 km2). It also operates The Partridge gold project, which is located in the Abitibi region of northwestern Quebec, approximately 25 km north-northwest of the town of La Sarre and 720 km northwest of Montreal. The project is located east of the Normetal volcanic complex which is well known for its VMS deposits, orogenic lode gold deposits, and porphyry-type base metal deposits.

TSXV:AUQ - Post by User

AuQ Gold Mining Inc

Bullboard Posts

Post by xyz_trader1on Nov 25, 2006 10:12am

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Post# 11748729

NR in laymans terms

1) OSC just wants AUQ to prove their resources which they will do, "However, the Company has completed in-house engineering studies and an updated independent National Instrument ("NI") 43-101 technical report on the El Sastre project will be filed within 45 days." because in their previous presentation on their website they state that the El Sastre Gold project has more than one million ounces of gold potential. 2) The rest of the figures indicated and inferred mineral reserves have not changed from their previous NRs. 3) Positives $177/ounce, underbudget capital cost of 1 million dollars!, gold pour in few weeks, payback period less than one year!