Aurex Energy Corp V.AURX.H

Metals & Mining Industrial Metals & Minerals

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.

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Aurex Energy Corp

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Comment by mumu55on Aug 23, 2017 9:09pm

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Post# 26614914

RE:RE:RE:RE:RE:RE:RE:Someone put $100k in here at .02!

June 29 2017 - Nevada Gold Acquisition Closes. ...

« Consideration for the purchase is 50 million common shares of CPC. There are no finder's fees associated with the transaction.

There are no work commitments, but the Company does commit to keep the mineral claims in good standing by making the required annual fee payments to the Bureau of Land Management and the local county. There is an Area of Mutual Interest extending 5 miles from the current claim boundaries. The property is also subject to a 2.5% Net Smelter Royalty in favour of Arm's Length third parties.

The Cook Gold Project consists of 88 lode claims covering 7.4 sq km and located 100 km northwest of Winnemucca, Nevada. The proximity of the project area to the former-producing Sleeper Mine indicate that the mineralization on the property may well represent the northern extention of the Battle Mountain Eureka trend, with more work and analyses necessary to make that determination. Surface sampling over the property, in 2004 and 2011, resulted in identifying significant gold and silver mineralization across the property, outlining a corridor of higher grade results with a strike length of 2,100 metres and width of 600 metres. There are 5 historic mine workings on the property that were focused on near-surface oxidized mineralization. Details of the historic sampling and assay results are discussed in theJanuary 9th, 2017 news release.

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