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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
Post by STOCKRUSon Mar 01, 2012 4:06pm
291 Views
Post# 19613406

News from La Ronge Sask

News from La Ronge Sask

Some drilling news coming out Northern Saskatchewan, The La Ronge area.

 

Canadian Platinum's Saskatchewan projects are to the north of this company''s property.

______________________________________________________________________________

2012-03-01 13:01 ET - News Release

 

LA RONGE GOLD CORP. INTERSECTS 213.9 METRES OF 1.63 GRAMS PER TONNE GOLD AT PREVIEW SW GOLD DEPOSIT IN SASKATCHEWAN, CANADA

 

La Ronge Gold Corp. has received initial assays from the first two drill holes completed at the Preview Southwest gold deposit in Northern Saskatchewan, Canada. Results reported are from drill holes PR12-120 and PR12-121 which were drilled on one section in the middle of the deposit primarily to verify the widths and grades of previously defined mineralization.

 

Highlights of the results are as follows:

 

Drill hole PR12-120 intersected 213.9 metres of 1.63 grams per tonne (g/t) gold (Au), starting at 11.70 metres.

Drill hole PR12-120 intersected 196.78 metres of 1.04 g/t gold, starting at 7.92 metres.

Gold mineralization also occurs in wall rocks adjacent to high-grade gold veins.

Gold mineralization is considered open along strike and at depth.

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