AuEx Ventures, Inc. ("AuEx") is a Nevada-based precious metals exploration company formed in 2003 to capitalize on the in-depth experience, technical capability, and historical successes of the founding management team.
Pequop Mining District. AuEx trades on the Toronto Stock Exchange under the symbol XAU. The company believes that its joint venture business model is the most effective approach in the mineral exploration business because it: a) reduces financial risk, b) minimizes share dilution, and c) optimizes exposure for exploration success.
AuEx controls over 167,000 acres of unpatented mining claims and fee land in Nevada/Utah, and has a current portfolio of 21 exploration projects, ten of which are under exploration earn-in or joint venture agreements with seven companies who are providing funding for exploration activities. In addition, AuEx has one large new copper-gold district in southern Spain and four projects in Santa Cruz Province, Argentina, that are in earn- in agreements-- bringing the total to fifteen projects in earn-in/joint venture agreements.
The following companies are in earn-in/joint venture agreements with AuEx Ventures, Inc.:
1: Agnico-Eagle (USA), Ltd. (AEM)
2: Christopher James Gold Corporation (CJG)
3: Eldorado Gold (ELD)
4: Fronteer Development Group (FRG)
5: Golden Dory Resources Corporation (GDR)
6: Liberty Silver Corporation (LNSV)
7: NuLegacy Gold Corporation (Private Nevada-based Company)
8: Western Uranium Corporation (WUC)
2009 proved to be a very exciting and productive year for AuEx and its funding partners with a combined exploration budget that exceeded USD $25,000,000. The budget included expenditures on four projects in the new Pequop Mining District. Long Canyon, the star of the Pequop District, is rapidly developing as one of Nevada's future low cost gold producers. Significant advancements were also made on numerous other projects in Nevada, Argentina, and Spain.
2010 OBJECTIVES AND GOALS:
- Increase Pequop Mining District resources to 2,000,000 ounces Au
http://www.auexventures.com/s/Home.asp
The company is apparently doing well. The president is a good man. We have conversed at 4 mining conventions. He has been involved with mining at least 26 years, Many of those years in Nevada.
This was recorded at PDAC with Ron's permission and knowing I would put it on Youtube.
Christopher James Gold Corporation let me store my bags behind their booth. Thank you! That saved trips to coat check and the CA$16 in tips.
Tuesday, June 22, 2010
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