Auxico Resources Canada Inc C.AUAG

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

[brianbosworth]

This company has been on fire with the rare earth elements it has found in Colombia. Lots of in-demand industrial elements and if the size of the deposits hold as significant this is huge. 

Its early stage but this should be getting more buzz?

[brianbosworth]

https://www.newswire.ca/news-releases/auxico-announces-initial-results-from-sampling-program-on-company-controlled-rare-earth-property-in-colombia-840248637.html

[brianbosworth]

[url=https://https://www.newswire.ca/news-releases/auxico-announces-initial-results-from-sampling-program-on-company-controlled-rare-earth-property-in-colombia-840248637.html]Samples[/url]

[BraddockTrail]

Hi Brian, good to see a bit of life here. I had Great Western and Pacific Wildcat a decade ago and got killed. Checking rare earth ore grades, Wildcat at Mrima Hill Kenya had 27mTons withTREO of 7%. Auxif has a graph showing Baotou China with a 6% ore grade, Mountain Pass USA 7%, Lynas Mt Weld 9.5%, Steenkamp of GW in S Afr 14%, Akes Lake 17%, Gakara Burundi of Rainbow RareEarths Corp 55%. But

[brianbosworth]

Great point. Thats why I'm wary of mining stocks, especially those who haven't confirmed grades independantly, etc.  Don't want another Bre-X here. 

[checkingit]

Auxico 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