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Auxico Resources Canada Inc

  • Location: Colombia, Brazil, Democratic Republic of Congo, Mexico
  • Tickers: CSE:AUAG, OTC:AUXIF
  • Commodities: Rare Earth Metals, Tin
  • Project Stages: Exploration, Production

AUXICO RESOURCES CANADA INC., CSE: AUAG, ("AUXICO" or the "Company) is a Canadian company founded in 2014, focused on the production of critical minerals and high-value metals, including niobium, tantalum, platinum group metals (such as platinum and iridium), and rare earth elements. The Company is the exclusive trade agent for rare earth concentrates from the Democratic Republic of Congo (DRC), containing rare earths used as permanent magnet materials and including neodymium, praseodymium, dysprosium, terbium and gadolinium. The Company owns directly or through joint ventures, mineral rights in Colombia, Bolivia, and Brazil. 

The Company is positioned to be a major supplier of critical minerals and rare earth elements to Western economies, with access to close to 4 million tonnes of such minerals - the largest deposits outside of China. 

This includes ±1 million metric tonnes (MMT) of rare earths and other critical metals such as coltan out of Colombia, ±1 MMT of rare earths in Brazil, ±1 MMT of rare earths and critical minerals in the DRC, ±1 MMT of critical minerals in Bolivia, collectively with rare earth (RE) concentrates containing in average a total rare earth oxide content (TREO) in excess of 54-63%. 

The Company has licensed a technology called the Ultrasound Assisted Extraction (UAEx), which has been proven successful at recovering rare earths (84%+ recoveries in solution), as well as other critical minerals.

AUXICO holds 100% interest in the Zamora Property (Mexico), which is host to over 15 historical mines and workings, stretching along a 6 km NE-SW trending structure southeast of the city of Culiacan. The historical mines have indicated grades sampled by the company up to 10 kg/t of silver and 20 g/t of gold.

  • otc: auxif

    • 0.04 (400%)

* Based on previous 24 hours performance

  • otc: auxif

    • 0 (0%)

* Based on previous 7 days performance

  • otc: auxif

    • 0.024 (92.31%)

* Based on previous 12 weeks performance

  • otc: auxif

    • -0.066 (-56.9%)

* Based on previous 12 months performance

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* 14 June 2024 (USD)

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