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Auxico Resources Canada Inc C.AUAG

Alternate Symbol(s):  AUXIF

Auxico Resources Canada Inc. is a Canadian company engaged in the acquisition, exploration and development of mineral properties in Colombia and Bolivia. The Company is focused on the development of properties and projects hosting critical minerals and high-value metals, including niobium, tantalum, platinum group metals, such as platinum and iridium, and rare earth elements. The Company holds mineral and surface rights to the Minastyc Property located in the municipality of Puerto Carreno. It has surface rights to over 1,482 hectares of land between two adjoining properties: Agualinda and the Minastyc property. The Company has an 85% interest in Empresa Minera El Benton S.R.L., which holds the mining title and rights to the El Benton Mine and adjacent Monte Verde concessions.


CSE:AUAG - Post by User

Post by checkingiton Apr 07, 2022 9:46am
165 Views
Post# 34583815

Latest NR is a continuation of the BS

Latest NR is a continuation of the BSMaryhill is obviously an insider. I find this NR disgusting and a further reason for the lack of trust that pple have in this industry, but not unexpected from this group. More of the same. No transparency. No location of the samples. Unaccredited labs. No control samples provided. Who cares about the waypoint numbers. Meaningless. What was the sample weight from which the concentrates were derived? Is it ferricrete or gravel of both? Huge implications. Broad statements about tonnage potential with zero supporting evidence. Weren't these the type of statements that ended up in the NI 43-101 legislation! A QP that happily signs off knowing he did not supervise any part of the sample procedure in most of the past NRs. No chain of custody. A QP that drove the ship of a number of other companies onto a reef; a wreck. One that has a need to hide signifcant parts of his work history. Fortunately the internet does not easily forget! Not the least of which are a history of unlawful trading practices. The Company never did correct the NR stating results whose mineral compositions would have required a greater than 100% volume. This group understands how to use this industry but nothing of the actual science and best practices. Have a look at some comparable companies that actually raise $ to produce real added value by putting the focus on new work and providing their shareholders with transparency. Baffles the mind!
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