AuEx Ventures, Inc. (TSX: XAU) has announced a report on new gold drill intercepts for the 2009 exploration drilling program. Included in the results are 0.089 ounces per ton over 99.5 feet at the company's 49% owned Long Canyon gold exploration project. Fronteer is the operator and 51% owner, whom provided these results to the company. These results are from new holes that were completed as part of the 2009 drilling campaign. The new results extended drilled gold mineralization 500 meters southwest. The Long Canyon gold deposit continues growth with a significant upside within the 12,000 acre property.
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About AuEx Ventures
AuEx Ventures, Inc. is a TSX listed precious metals exploration company that has a current portfolio of twenty three exploration projects in Nevada, one project in Spain and two projects in Argentina. The Company controls about 176,000 acres of unpatented mining claims and fee land in Nevada. Ten of the projects are in joint venture or exploration earn-in agreements with six companies. The Company applies the extensive Nevada exploration experience and high-end technical skills of its founders to search for and acquire new precious metal exploration projects that are then offered for joint venture.
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