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Auxico Resources Canada Inc C.AUAG

Alternate Symbol(s):  AUXIF

Auxico Resources Canada Inc. is a mineral exploration company with silver-gold properties in the state of Sinaloa, Mexico. The Company is engaged in exploration mining opportunities in Colombia, the Democratic Republic of the Congo (DRC), Brazil and Bolivia. It holds a 100% interest in the Zamora Property (Mexico), which is host to over 15 historical mines and workings, stretching along a six kilometers northeast-southwest trending structure southeast of the city of Culiacan. Its Massangana tin tailings project has an estimated 30,000,000 tons of tailings averaging 2.83% total rare earth oxide content. It has acquired the surface rights to 1,482 hectares of land between two adjoining properties: Agualinda and the Mynastic property. It holds mineral and surface rights to the Minastyc Property located in the municipality of Puerto Carreno. Its subsidiaries include Auxico Resources S.A. de C.V., C.I. Auxico de Colombia S.A, Sociedad Minera Auxico S.A.S and Minera Auxico Bolivia S.A.


CSE:AUAG - Post by User

Comment by checkingiton Oct 22, 2021 11:03am
87 Views
Post# 34037405

RE:RE:RE:RE:RE:Auxico up 22% today so far- on news from sampling

RE:RE:RE:RE:RE:Auxico up 22% today so far- on news from samplingAuxico Resources Canada Inc. October 20 2021 News Release
Sample M-10155 (sample 1) rock sample
8.28% Ta 25.44% Nb 42.85% Ti 0.58% Sn 22.45ppm Pt 13.97ppm Ru 53.53ppm Ir
Assuming Ta as tantalite Ta2O6 total atomic weight 458
Assuming Nb as columbite Nb2O6 total atomic weight 282
Assuming titanium as rutile TiO2 total atomic weight 80
The rock must contain 10% tantalite, 39% columbite, and 71% rutile for a total of 120% and not even considering the minerals necessary for Sn Pt Ru and Ir present in the sample.

Bogus release! Who is their QP!
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