AUX Resources Reports Several High Grade Sample Assays At Independence, Silver Crown Properties

AUX Resources (TSXV: AUX) this morning released further results from the exploration programs conducted in 2020. Results this morning come from the firms Independence and Silver Crown properties, located just north of Stewart, BC, in the heart of the Golden Triangle.

Grab samples were collected from both properties in the exploration programs conducted last year. At Independence, the company reported grab samples showing highlight mineralization of 104 g/t gold, 872 g/t silver, 2.9% copper and 2.2% zinc, with mineralization said to be similar in nature to the historic Red Cliff copper-gold mine, which the property surrounds.

The program at Silver Crown meanwhile found gold-silver-zinc-lead-copper mineralization across 1,600 metres of strike. Mineralization was found to be up to 300 metres wide, with grab samples having highlight values of 33 g/t gold, 552 g/t silver, and 24% zinc.

The program conducted at both properties focused on geological reconnaissance, prospecting, and channel/chip sampling across the known mineralized structures. Also conducted was a drone-based LiDAR survey, the results of which will be utilized for the 2021 program which is set to include further mapping and prospecting, an IP survey, as well as drilling of structural and geophysical targets.

Detailed grab sample data can be found here.

AUX Resources last traded at $0.245 on the TSX Venture.


FULL DISCLOSURE: AUX Resources Corporation is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover AUX Resources Corporation on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

2026 Could Be Gold’s Biggest Year Yet!? | Ryan King – Equinox Gold

Gold Is Screaming Higher While Currencies Burn | Simon Ridgway – Rackla Metals

We Have the Highest-Grade Antimony Deposit in North America!? | Jim Atkinson -Antimony Resources

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

McLaren Resources Looks To Conduct Exploration At Kerrs Gold Property

McLaren Resources (CSE: MCL) is looking to advance its Kerrs Gold property in the Timmins...

Friday, July 2, 2021, 07:25:06 AM

Soma Gold Reports Gold Production Of 1,663 Ounces For January

Soma Gold (TSXV: SOMA) this morning reported product results for its Operado subsidiary this morning....

Wednesday, February 3, 2021, 07:54:03 AM

Equinox Gold Sells Pilar Property For $38.0 Million, 9.9% Equity Stake In Private Issuer

Equinox Gold Corp. (TSX: EQX) announced this morning that it has sold its Pilar Gold...

Monday, April 19, 2021, 08:00:48 AM

Central Banks Are Loading Up On Gold Reserves While Canada Has None

Central bankers in charge of trillions of dollars in foreign exchange reserves are stockpiling gold...

Monday, April 24, 2023, 03:00:23 PM

Gran Colombia Produces 17,377 Gold Ounces In August

Gran Colombia Gold (TSX: GCM) this morning reported its production results for the month of...

Thursday, September 16, 2021, 08:43:00 AM