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AUX Resources Corporation

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AUX

CA67053Y1007

AUX Resources : Reports Drill Intercepts of 24.3 gt Gold over 4.4 Metres and 10.7 gt Gold over 7.2 Metres

February 24, 2021 at 01:05 pm

British Columbia - AUX Resources Corporation (TSXV: AUX; OTC: AUXRF) is pleased to report the completion of the historic drill hole re-logging and sampling program on the Georgia Project.

These results are from previously unsampled diamond drill core by a past operator whose focus had been restricted to high-grade quartz veins. The majority of this historic core was logged, but sampling was restricted to a subset of quartz veins. Forty-six holes were recovered for the program, covering a total of 5,016 metres.

About AUX Resources

AUX holds more than 27,000 hectares of strategic claims in the Stewart Mining Camp in the Golden Triangle of British Columbia, which is among the world's most prolific mineralized districts, including the high-grade gold Georgia Project centred on the past-producing Georgia River Mine. The Georgia River Mine, which last operated in 1939 with a head grade of 22.6 g/t gold, contains 1.2 kilometres of underground access on three levels. AUX is actively consolidating the Stewart Mining Camp.

Contact:

Ian Slater

Tel: +1 604 638 2545

Email: info@auxrc.com

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although AUX believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions and regulatory and administrative approvals, processes and filing requirements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements.

Latest news about AUX Resources Corporation

AUX Resources Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	25/11/21	CI
Scottie Resources Corp. completed the acquisition of AUX Resources Corporation.	15/07/21	CI
AUX Resources Corporation Reports Earnings Results for the First quarter Ended March 31, 2021	20/05/21	CI
Scottie Resources Corp. entered into a letter of interest to acquire AUX Resources Corporation for CAD 10.6 million.	11/04/21	CI
AUX Resources : Up 6% as Reports Positive Drill Results from Hume Creek Deformation Zone	07/04/21	MT
AUX Resources Corporation Reports Positive Results from Initial Drill Program At Hume Creek	07/04/21	CI
AUX Resources Corporation Reports Earnings Results for the Full Year Ended December 31, 2020	19/03/21	CI
AUX Resources Corporation Auditor Raises 'Going Concern' Doubt	18/03/21	CI
AUX Resources : Says Sampling on its Golden Triangle Properties Shows High-Grade Mineralization	08/03/21	MT
AUX Resources Corporation Announces Results from its 2020 Exploration Program on the Independence and Silver Crown Properties, Located 15 Kilometres North-Northeast of Stewart, British Columbia, in the Golden Triangle	08/03/21	CI
AUX Resources Corporation Reports Drill Intercepts of 24.3 g/t Gold Over 4.4 Metres and 10.7 G/t Gold Over 7.2 Metres	23/02/21	CI
AUX Closes Private Placement With Eric Sprott	22/02/21	MT
AUX Resources Corporation announced that it has received CAD 2.5175 million in funding from 2176423 Ontario Ltd. and other investors	18/02/21	CI
AUX Resources : Up 20%, Was Up Near 100% As Eric Sprott Moves to Invest $2 Million; At Least His Third Different Co Investment In Less Than 2 Days	11/02/21	MT
AUX Resources Corporation announced that it expects to receive CAD 2.5175 million in funding	10/02/21	CI
AUX Resources : Up 6% as Provides Assay Results from Georgia Project	09/02/21	MT
Aux Resources Corporation Reports Assay Results for the 2020 Drill Program at the Georgia Project	09/02/21	CI
Aux Resources Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2020	27/11/20	CI
AUX Resources Corporation Announces Successfully Completion of its 2020 Field Season, Including a Two-Drill Program on its High-Grade Gold Georgia Project	26/10/20	CI
Aux Resources Corporation Announces Acquisition of Isla Gold Corporation	09/09/20	CI
AUX Resources Corporation completed the acquisition of Isla Gold Corporation.	07/09/20	CI
AUX Resources Corporation acquired 7% interest in Rufus property in Stewart Camp of British Columbia for CAD 0.33 million.	26/08/20	CI
Aux Resources Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2020	26/08/20	CI
AUX Resources Corporation Commences 3,500 Metre Drill Program on the Georgia Project in the Golden Triangle	10/08/20	CI
AUX Mobilizes Field Crew and Commences 2020 Exploration Program at the Georgia Project in the Golden Triangle	14/07/20	CI

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Company Profile

Aux Resources Corp, formerly, Auramex Resource Corp, is a Canada-based junior mineral exploration company. The Company is engaged in the business of acquiring interests in gold and silver mineral properties with exploration potential. The Company's operated projects are Georgie River project, American Creek Project, Bear Pass Project, Lower Bear Project and Tide North Project. The Georgia River Project is located on the eastern shore of the Portland Canal, a 115 kilometer (Km) long fjord connecting the deep-water port of Stewart to the Pacific Ocean. The Lower Bear Project extends from the Stewart town limit to 12 km up the Bear Valley, within 3 km of the Premier Mine. The Bear Pass project area encloses multiple intrusion-related gold and silver targets that extend along the upper Bear Valley and over the Bear Pass. The Tide North Project consists of the Tide North Property, located 3.5 km north of the Tide airstrip on the Granduc Mine road.

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