Auxico Resources Canada Inc.

MONTREAL, May 08, 2018 -- Auxico Resources Canada Inc. is pleased to announce that it has signed a Memorandum of Understanding with the government of the Department of Bolivar to produce gold in this area of Colombia. Under the terms of the MOU, both parties agree to work together to set up gold production operations in Bolivar, which will be managed by Auxico. For its part, the Bolivar government agrees to contribute the [...]

MONTREAL, March 13, 2018 -- Auxico Resources Canada Inc. is pleased to announce the sampling results taken from the Metalor property in Colombia. A total of six selected samples were taken. Five of the six samples contain scandium within an average content of 1,300 grams of scandium per tonne. Five of the six samples contain gold with an average gold content of 21 g/t. Scandium oxide currently sells at $4,200 US per [...]

MONTREAL, March 07, 2018 -- Auxico Resources Canada Inc. is pleased to announce that initial XRF spectrometer results have yielded up to 10.75 g/t of gold and 0.27% of cobalt in an exhalative shale unit. The analysis was derived from a float sample very close to the source upstream. Auxico's QP and independent consulting geologist Joel Scodnick personally visited the Metaloro Property and selected all of the samples. An [...]

MONTREAL, March 05, 2018 -- Auxico Resources Canada Inc. is pleased to announce the acquisition of thirteen properties located 75 km southwest of the city of Bogota, Colombia. These properties represent a total of 65,000 hectares with each property averaging approximately 5,000 hectares. This area is known for high-grade gold and cobalt, as well as other base metals. Joel Scodnick, the Company’s consulting [...]

MONTREAL, Feb. 06, 2018 -- Auxico Resources Canada Inc. is pleased to announce results from innovative metallurgical testing conducted on its gold/silver properties located in the state of Sinaloa, Mexico. Series of tests that have been conducted on gravity concentrates from the Campanillas and Aguamas properties have resulted in the recoveries of over 98% of gold and 87% of silver within the same leach. These tests have [...]

MONTREAL, Feb. 02, 2018 -- Auxico Resources Canada Inc. would like to inform shareholders of the following changes to its board of directors. Robin Conners resigned as a director, effective immediately, for personal reasons. Robin was part of the team that took Auxico onto the Canadian Securities Exchange last fall. The board and management of Auxico would like to thank Robin for his contributions over the past year and [...]

MONTREAL, Quebec, Jan. 16, 2018 -- Auxico Resources Canada Inc. is pleased to provide its shareholders and stakeholders results from a recent exploration campaign that sampled brecciated material over an area of 150 metres long by 70 metres wide in the Aguamas Gold Mine area at Auxico’s 100% owned Zamora Silver-Gold Property in Mexico. The Aguamas structure is to the northwest of the main Zamora structure on the [...]

Auxico Resources Canada is pleased to provide its shareholders and stakeholders the following update on activity at its 100% owned Zamora Silver-Gold Property in Mexico. The Company intends to explore Los Olotes by means of a diamond drill program and rehabilitate the La Camichina shaft, which could allow access to the Los Olotes Mine. It is believed that the shaft goes down to about 110 metres. It is not known to what [...]

Auxico Resources Canada is pleased to announce encouraging metallurgical results from a 2.095 kg sample (2,095 g) taken from the volcanic breccia hostrock material in the footwall of the Campanillas Mine, which is located in the north-east corner of the Zamora Property. The sample contains 1.98 kg/t of silver (1,980 g/t) and 2.01 g/t of gold. This sample was treated by the Centre for Mineral Technology and Plastics in [...]

Auxico Resources is pleased to provide initial sampling results of a single trench that yielded a 50m wide mineralized section grading 0.85 g/t Au including 3m of 13.07 g/t Au at the Aguamas property. This trench is located about 100 metres southeast of the Aguamas 2 historical mine, which returned samples of 14.87 g/t Au and 192.22 g/t Ag, and 25 metres northwest of the Aguamas 1 historical mine, where recent sampling [...]