Vancouver, British Columbia–(Newsfile Corp. – October 21, 2021) – Auxico Assets Canada (CSE: AUAG) experiences the invention of platinum group metals in samples from each the company-controlled property in Colombia and its optioned property in Ivory Coast. Based in 2014 and based mostly in Montreal, Auxico Assets Canada is engaged within the acquisition, exploration and improvement of mineral properties internationally, together with coltan and uncommon earth parts in Colombia, coltan within the Ivory Coast, coltan and manganese in Brazil, gold and silver in Mexico, and coltan within the Democratic Republic of the Congo.
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As we speak’s samples from its property within the division of Vichada Colombia have been taken inside the first meter from the floor, above the uncommon earth occurrences that the corporate beforehand introduced, containing a complete uncommon earth oxide content material exceeding 50%.
The work program on the company-controlled property is constant, with the objective of finalizing a NI 43-101 report. Pattern 1 is contained in a high-grade titanium rock pattern, with 42.85% titanium, 25.44% niobium, and eight.28% tantalum. Pattern 2 is present in a special zone on the property, originating from a rock pattern containing 30.41% tantalum, 23.30% niobium and 24.47 titanium. Neither of those samples are concentrates.
Samples have been analyzed by two impartial laboratories in Canada, the Coalia in Thetford Mines and Impression International Options in Delson. As well as, Impression International Options performed ultrasound extraction checks on one of many samples from Ivory Coast. Auxico owns a license to a processing expertise based mostly on ultrasound, which has achieved 99%+ recoveries of the PGM’s throughout two 1-hour lengthy leaching phases, as proven right here.
Extra laboratory outcomes on samples from the property in Colombia have been the topic of earlier information releases.
Administration cautions that samples proven right here weren’t chosen below the supervision of the Certified Particular person, and subsequently don’t totally adjust to Nationwide Instrument 43-101, though the QP has beforehand chosen samples from the identical space and achieved very related outcomes. The samples from Ivory Coast weren’t below the supervision of the QP and subsequently don’t adjust to NI 43-101.
For extra data, please go to the corporate’s web site www.AuxicoResources.com, contact Pierre Gauthier, CEO, at 514-299-0881 (cell) or by e-mail [email protected], or Mark Billings, President, at 514-296-1641 (cell) or by e-mail at [email protected]
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