With cash from a recent Eric Sprott-led financing, AUX Resources (AUX.V; AUXRF.OTC) is going to drill no less than three key projects in a red-hot area of BC’s Golden Triangle.

Results from last year’s work, combined with historical data on all three properties, suggest that AUX’s chances for discovery are high and that the time for investors to get on board is now.

Dear Fellow Investor,

The allure of British Columbia’s Golden Triangle is strong.

This is an area that has proven to host some of the world’s richest deposits, as well as some of its largest.

To date, miners have discovered more than 130 million ounces of gold, 800 million ounces of silver and 40 billion pounds of copper in this storied region.

And yet so much potential exists to unearth more world-class deposits in this area, that exploration companies spend every field season there trying to find the next Eskay Creek, Brucejack or Red Chris.

Amid the competition to lock up Golden Triangle projects, one company — AUX Resources (AUX.V; AUXRF.OTC), has managed to secure a major 27,000-hectare land position along its southern corner.

Within that land package, AUX has one project (Georgia) that generated some head-turning grades from drilling last year, including 103 g/t gold over 2.74 metres, and two (Independence and Silver Crown) that look likely to do so this year.

In short, in the race to find the Golden Triangle’s next big deposit, AUX Resources would appear to have a decided head start.

A Near-Ideal Location To Look For Gold

It starts with location. Because the company’s land package is located at the southern end of the Golden Triangle, its projects have ready access to the mining town of Stewart, BC.

The Stewart Mining Camp that surrounds the town has been a center of mineral exploration since 1898.

It boasts a deep-water bulk-loading facility, an airstrip and helicopter bases, and is accessible via paved highway.

Moreover, the region hosts numerous gold-silver occurrences and at least 50 documented mines…and yet large areas of the region remain underexplored.

Having properties in this part of the Golden Triangle means AUX has a leg up on competitors with more remote projects there that are further from needed infrastructure.

That advantage means any deposit AUX outlines on its projects is more likely to actually get mined.

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Stepping Out From An Historic Mine

AUX’s Georgia project, which sits along the Portland Canal, just 16 kilometers from Stewart on tidewater, is host to the past-producing Georgia River Mine.

That mine was built and operated by the Guggenheim family. It produced between 1910 and 1939, leaving behind 1.2 kilometers of underground workings on three levels.

Between 1978 and 2004, past operators generated a treasure trove of data, including core from more than 100 drill holes. The mine hosts an historic resource of 276,400 tonnes at eye-popping average grades of 27.6 g/t gold and 20.9 g/t silver.

Intriguingly though, for much of that drilling, previous operators only assayed obvious, high-grade veins in the core.

AUX set about assaying the areas around those veins in the historic core — the “shoulders” if you will — and discovered very significant, longer-intersections of high-grade mineralization.

These shoulders have recently returned 24.4 g/t gold over 4.4 meters and 10.7 g/t gold over 7.2 meters.

The SW Vein at the Georgia project is open to both the north and south of the historic mine and at depth.

Additionally, a parallel vein was discovered in 2020 when a drill hole was continued through the SW Vein. Each of these targets will be drilled during the 2021 field season.

PLUS:
Exciting Targets At Silver Crown & Independence

AUX’s potential doesn’t stop with its Georgia project, as it boasts two other high-potential projects in its Silver Crown and Independence properties.

Located just 15 kilometers north-northeast of Stewart, these projects are prospective for both epithermal gold and silver mineralization and for polymetallic mineralization.

At Silver Crown, surface work has traced potential mineralization for 1,600 meters along strike and 300 meters in width. Grab samples collected in 2020 graded as high as 33 g/t gold, 552 g/t silver and 24% zinc.

At Independence, grab samples obtained last year have graded as high as 104 g/t gold, 872 g/t silver, 2.9% copper and 2.2% zinc.

Intriguingly, the Independence property surrounds (but does not include) the historic Red Cliff copper-gold mine which was in production between 1910 and 1920.

Recent drill intercepts from Red Cliff are as high as 49 g/t over 18.5 meters.

Many of the known structures at both Silver Crown and Independence have never been drill-tested, which means investors should follow closely the drilling programs AUX plans to do on both projects this year.

A Tantalizing Entry Point

Gold’s recent swoon has created a fantastic entry point for those who want to wager on success from one or more of the three drilling programs AUX Resources will conduct on its Stewart district properties in the months ahead.

Consider the possibilities:

• The drills should continue to expand the historic high-grade gold resource that remains at the Georgia River Mine area…

• Drilling on both Silver Crown and Independence is targeting new resources in an area of historic high-grade gold and silver production.

With Eric Sprott’s recent C$2 million investment indicating that the smart money is lining up behind this company, now is a perfect time to invest in AUX Resources…before the drills start turning on these three projects.

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To Learn More about AUX Resources