AUX Resources Corp.

AUX Resources Corp. is pleased to announce that further to its press release of May 6, 2021, at AUX's annual general and special meeting held on July 8, 2021, the shareholders overwhelmingly approved the proposed amalgamation pursuant to which a wholly-owned subsidiary of Scottie Resources Corp. will amalgamate with AUX and all of the issued and outstanding common shares of AUX following the amalgamation will [...]

Scottie Resources Corp. and AUX Resources Corporation are pleased to announce that, further to their proposed transaction announced on April 12, 2021, they have signed an amalgamation agreement dated May 4, 2021 pursuant to which a wholly-owned subsidiary of Scottie will amalgamate with AUX and all of the issued and outstanding common shares of AUX following the amalgamation will immediately be exchanged for common [...]

Scottie Resources Corp. and AUX Resources Corp. are pleased to announce that they have entered into a letter of intent dated April 9, 2021 pursuant to which Scottie will acquire all of the issued and outstanding shares of AUX on the basis of one common share of Scottie for each share of AUX. The Transaction will consolidate the contiguous gold-silver exploration assets of Scottie's Cambria Project and AUX's Silver [...]

AUX Resources Corp. is pleased to announce that it has received and reviewed results from the initial 1,000 m diamond drill program at the Hume Creek Deformation Zone, immediately to the west of the Georgia River Mine. Highlights 1,000 m in 5 diamond drill holes completed at the Hume Creek Zone 7 g/t gold over 1.3 m intercepted at a downhole depth of 138.7 metres Four of the holes intersected values in excess of 0.5 [...]

AUX Resources Corp. is pleased to announce results from its 2020 exploration program on the Independence and Silver Crown properties, located 15 kilometres north-northeast of Stewart, in the Golden Triangle. The paved Stewart Highway 37A and major electrical transmission lines cross the Independence property. Highlights Epithermal gold and silver mineralization at Independence and Silver Crown [...]

AUX Resources Corp. 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 [...]

AUX Resources Corp. is pleased to announce that the private placement financing announced on February 11, 2021 with Eric Sprott and an existing strategic investor closed on February 19, 2021. The Placement consists of 11,188,889 units at a price of $0.225 per Unit for gross proceeds of $2,517,500. Each Unit consists of one common share and one full common share purchase warrant. Each Warrant is exercisable into one [...]

AUX Resources Corp. is pleased to announce that following the release of favorable drill results from its Georgia project that Eric Sprott will take a $2,000,000 stake in AUX through a non-brokered private placement financing along with an existing strategic investor who will maintain their stake. The Placement consists of 11,188,889 units at a price of $0.225 per Unit for gross proceeds of $2,517,500. Each Unit [...]

AUX Resources is pleased to report assay results for the 2020 drill program at the Georgia Project, which hosts the past-producing Georgia River Mine. Georgia is located on the Portland Canal tidewater, 16 kilometres south of the town of Stewart, in the prolific Golden Triangle. Highlights 2020 Georgia drill program extends mineralization from the historic high-grade gold mine along strike and at depth Drill results [...]

AUX Resources Corp. is pleased to announce that it has successfully completed its 2020 field season, including a two-drill program on its high-grade gold Georgia Project, which hosts the past-producing Georgia River Mine. 24 diamond drill holes were completed totalling 3,600 m. The Georgia Project is located on tidewater 16 km south of the town of Stewart, in the prolific Golden Triangle. Assays are pending [...]