Advanced Gold Exploration Inc C.AUEX

Alternate Symbol(s): AUHIF

Advanced Gold Exploration Inc. is a Canada-based company, which is engaged in acquisition, exploration and development of mineral properties. The Company’s principal property, the Doyle Property, is located approximately 92 kilometers (km) southeast of Wawa and 86 km north of Sault Ste. Marie, Ontario. The Buck Lake Property (copper/zinc) is comprised of approximately 139 cell mining claims covering 9600 hectares, located in Lunkie Township, both in the Batchawana Greenstone Belt, near Sault Ste. Marie, Ontario. The Company also holds 75% interest in certain mineral claims located in Melba Township in the Kirkland Lake Area of Ontario (the Property). The adjacent claims covering approximately 1950 hectares are located in the Melba township of the Abitibi Greenstone Belt north of Kirkland Lake Ontario. The Paint Lake Road Joint Venture is in the Wawa area west and south of the open pit operation of Wesdome Mines. The project covers 65 claim units totaling 3,460 hectares.

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Advanced Gold Exploration Inc

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Post by sdhakaon Jan 09, 2024 4:40pm

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Post# 35818202

Acquires the Melba property in Ontario

Advanced Gold Exploration Inc. / CSE: AUEX

PR Title

Acquires the Melba property in Ontario

FRC Opinion

Positive – AUEX has acquired a 75% interest in the property for 2M shares ($140k). This is an early-stage project. A recent drill program returned promising results. 11 out of 12 holes intersected anomalous gold, and five holes encountered high values of up to 17.1 g/t. We await details regarding management’s immediate plans for the project.

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