Context Methodology Property Summary Current Drilling Available JV's Pequop District
Nevada
Arabia * Buffalo Canyon Bunce * Fireball Ridge * Goldstar * Green Monster Hays Canyon JPW * Leonid * Long Canyon Pasco Canyon Pequop South Reef * Rose Mine * Sinter Spruce Mountain * Trinity Silver West Pequop Wood Hills South
Utah
Wildcat *
Argentina Spain

               * Available for JV


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Exploration Context

  • Exploration is focused on precious metals in Nevada with additional exploration efforts in Argentina and Spain.

  • Nevada is a premier global Au & Ag producing region with over 150 million ounces of past production and about 100,000 ounces of current reserves.

  • Exploration is relatively low cost in Nevada due to excellent infrastructure.

  • A unique opportunity exists as regional production is declining and the exploration pipeline is limited to:

    • Mills are competing for feed

    • Ore trucking network is in place

    • AuEx employs a joint business model to lesson risk, increase the chances for discovery, and lesson shareholder dilution

Drilling Pequop at night



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