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Aurex Reports High Grade Assay Results From Whiskey Flat Underground Sampling

March 14, 2019  - Saskatoon, Saskatchewan – Aurex Energy Corp. (“AURX” or the “Company” - TSXV:AURX) announces that it has received the assay results from an underground sampling program carried out on the Whiskey Flat Project in Mineral County, Nevada. The assays support the grades and widths reported from mining activity in the early 1970s and are presented in the second table below.

Located 26 km southeast of Hawthorne, Nevada in the Excelsior Mountains, the property consists of 12 patented lode claims, and 47 unpatented lode claims under the jurisdiction of the Bureau of Land Management (“BLM”), with the project area covering approximately 1,200 acres. The property hosts numerous adits, pits, trenches and shafts from activity dating back to 1882, with subsequent activity from 1907 to 1914, and more recent underground mining activity from 1975 to 1977. The most recent underground activity was carried out at the Quailey Mine which consisted of rehabilitating at least 400 metres of drifting with rail, air and water and completing 180 metres of new drifting and raising. Selected highlights of the 1970s work (as reported in a news release dated February 28, 2018) include:

Table 1: Historical Highlights:
6100 Level Adit

 Sample TypeLocation Width m  Au g/t  Ag g/t  Cu %  Zn % 
Muck cars 330 NW XC 16.5m to 28.4m 11.9 98.6 92.80 1.63 5.69
Channel  Channel 330 NW XC 16.5m to 20.2m  3.7 0.14 245.55 7.70 11.08
Channel  Channel 330 NW XC 24.4m to 28.4m  4.0 0.72 36.64 2.36 10.16

Extensive underground sampling, recently carried out by Axiom Exploration, of Saskatoon, included the following selected weighted average assay results, confirming the high-grade nature of the mineralization over excellent widths:

Table 2: 2018 Selected Assay Results*:
6100 Level Adit

 Sample Typ eLocation Width m  Au g/t  Ag g/t  Cu %  Zn%  C0 % 
Chip 330 NW XC 10.7m to 29.0m 18.3 0.10 79.53 4.16 5.32 0.05
incl 10.7m to 16.8m 6.1  0.18 71.30 5.07 6.08 0.05
incl 22.9m to 29.0m 6.1 0.02 87.50 5.85 3.10 0.06
Chip 370 West Drift 2.7m to 24.1 21.4 0.17 84.74 1.91 0.14 0.02
incl 17.7m to 24.1m 6.4 0.06 76.60 4.15 0.17 0.02
Chip  370 West Drift 28.1m to 36.0m  7.9 0.04 62.78 2.42 0.29 0.02
Chip 370 East Drift 0.0m to 10.7m 10.7 0.22 59.0 1.89 0.09 0.02
Chip 1240 South XC 0.0m to 26.2m 26.2 0.18 93.90 5.05 0.16 0.04

*Note that the above assay results come from underground chip samples and therefore may not be representative of the actual mineralization hosted on the property. While the underground crosscuts and drifts cut across mineralized structures, there is not yet enough information to assign a true width to the intersections. A map showing sample locations will be made available on the Company website.

Gary Billingsley, President, comments “We are extremely encouraged by the grades and widths of the mineralization observed by our technical team underground at Whiskey Flat. While we don’t fully understand the relationships between the various types of mineralization, it’s clear that it extends, along with some very high grades, outwards from the skarn contact for a significant distance. This can be observed both on surface and underground. Aurex is looking forward to the next phase of work at Whiskey Flat later this year.”

The Company is operating under an option agreement, under which it can earn a 50% interest in the project and in the nearby Red Rock mill through option payments and carrying out work programs (see the February 28, 2018 news release).

Technical Information

The reported assays results for the historic, 1975 sampling programs, in Table 1 above, come from historical geology reports and the original assay sheets from the assay laboratories were not available for review. Therefore quality assurance and quality control protocols related to the data cannot be verified.

For assays reported in Table 2 above, the rock samples collected for assay were submitted to the Saskatchewan Research Council laboratory in Saskatoon, Saskatchewan. Strict QA/QC protocol was followed for sample preparation and analyses. Standards, blanks and duplicates were included in the sample stream on a regular basis. The analytical method for gold was a lead-fusion fire assay with an ICP-OES finish. All other elements, including copper, were analyzed by aqua regia digestion with an ICP-OES finish.
Qualified Persons
The technical data in this news release have been prepared, reviewed, and approved by Gary Billingsley, PEng, PGeo, a qualified person under the terms of National Instrument 43-101.

Qualified Persons
The technical data in this news release have been prepared, reviewed, and approved by Gary Billingsley, PEng, PGeo, a qualified person under the terms of National Instrument 43-101.

About Aurex Energy Corp.
Aurex Energy Corp. is a Canadian-based resource exploration and development company with its head office in Saskatoon, SK. AURX is focused on the acquisition and development of a diversified portfolio of resource properties critical to current and future energy production. This includes natural gas for LNG, base metals including copper and zinc, platinum group elements, strategic metals including cobalt, and precious metals.

For more information, including news releases and technical reports providing more detail on the contents of this news release, please visit our website at www.aurexenergy.ca

For further information:

Aurex Energy Corp.
Gary Billingsley, President
Phone: 306-242-7363
Facsimile: 306-992-0729

To receive information by e-mail, visit www.aurexenergy.ca and click “Contact”.



Certain statements contained herein constitute forward-looking statements. Such forward-looking statements are subject to both known and unknown risks and uncertainties which may cause the actual results, performances or achievements of the Corporation to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. The forward-looking statements included in this press release are made as of the date of this release and except as required by law, the Corporation does not undertake any obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release may contain statements within the meaning of safe harbour provisions as defined under United States Securities Laws and Regulations. The above statements are based on the current expectations and beliefs of the management of Canadian Platinum and are subject to a number of risks and uncertainties that may cause the actual results to differ materially from those described above.


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