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Aurex Energy Corp V.AURX.H

Aurex Energy Corp. is a Canadian resource company. The Company is focused on the acquisition, exploration, and development of a diversified portfolio of resource properties that includes natural gas, base metals, and gold. It operates natural gas reserves in the Barnett Shale, Texas, and is exploring and developing four mineral projects in two mining jurisdictions, Nevada, United States of America and Saskatchewan, Canada. The Company's projects include the Cook Gold Project and Craig Lake Project. In the Cook Gold Project, the Company owns a 70% working interest in 88 lode claims, covering 7.4 square kilometers (sq km), located 100 kilometers (km) northwest of Winnemucca, in Humboldt County, Nevada. The property provides gold and copper mineralization. The Company owns a 100% working interest, subject to a 3% net smelter returns royalty, in one mineral disposition covering 2,764 hectares near Craig Lake, Saskatchewan near Flin Flon, Manitoba.


TSXV:AURX.H - Post by User

Bullboard Posts
Comment by STOCKRUSon Feb 07, 2012 12:19pm
197 Views
Post# 19499893

News - Assays & Resource Estimate

News - Assays & Resource Estimate

Thanks bullorbear22.

 

From the news I notcied that there are more drill holes to be completed.,

 

The assays from the first  hole are expected in 4 weeks.

 

A resource estimate to be produced.

 

Appears that the Peter Lake project is starting to become a deposit  .......

 

“The first diamond drill hole has been completed of the 2012 winter drill program. This hole, DDH SW-44, was drilled to a depth of 505 metres and encountered 51 metres of mineralized material.”  ... plans to complete 3,000 to 5,000 metres of diamond drilling.. '

 

“Assay results in the next four weeks”.

 

“Roscoe Postle Associates has been contracted to provide a resource estimate.”

 

 

Bullboard Posts