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Mar 04, 2010: News Releases: West Pequop Final 2009 Drill Results And Explorati... (more...)

Feb 25, 2010: News Releases: Santa Cruz, Argentina- Initial Drill Results And E... (more...)

Feb 25, 2010: News Releases: Hays Canyon Agreement Signed With Christopher Jame... (more...)

Feb 23, 2010: News Releases: Sinter Agreement Signed With Christopher James Gol... (more...)

Feb 16, 2010: News Releases: Pasco Canyon Agreement Signed With Christopher Jam... (more...)

AUEX VENTURES INC.

AUEX VENTURES INC.

AuEx Ventures, Inc ("AuEx") is a Nevada-based precious metals exploration company formed in 2003 to capitalize on the in-depth experience, technical capability and historical successes of the founding management team. AuEx trades on the Toronto Stock Exchange under the symbol XAU. The company believes that its joint venture business model is the most effective approach in the mineral exploration business because it: a) reduces financial risk, b) minimizes share dilution, and c) optimizes exposure for exploration success.

AuEx controls over 167,000 acres of unpatented mining claims and fee land in Nevada/Utah, and has a current portfolio of 21 exploration projects, nine of which are under exploration earn-in or joint venture agreements with six companies who are providing funding for exploration activities. In addition, AuEx has one large new copper-gold district in southern Spain and four projects in Santa Cruz Province, Argentina, that are in earn- in agreements; bringing the total to fourteen projects in earn-in/joint venture agreements.

The following companies are in earn-in/joint venture agreements with AuEx Ventures, Inc.:
1: Agnico-Eagle (USA), Ltd. (AEM)
2: Christopher James Gold Corporation (CJG)
3: Eldorado Gold (ELD)
4: Fronteer Development Group (FRG)
5: Golden Dory Resources Corporation (GDR)
6: NuLegacy Gold Corporation (Private Nevada-based Company)
7: Western Uranium Corporation (WUC)

2009 proved to be a very exciting and productive year for AuEx and its funding partners with a combined exploration budget that exceeded USD $25,000,000. The budget included expenditures on four projects in the new Pequop Mining District. Long Canyon, the star of the Pequop District, is rapidly developing as one of Nevada's future low cost gold producers. Significant advancements were also made on numerous other projects in Nevada, Argentina, and Spain.

2010 OBJECTIVES AND GOALS:

- Increase Pequop Mining District resources to 2,000,000 ounces Au

- Advance Long Canyon rapidly toward production

- Drill Nevada properties (Buffalo Canyon & Green Monster) with
Eldorado Gold

- Drill at Meridiano, Gertrudis and La Rosita in Argentina with
Agnico-Eagle

- Complete initial drilling program in Spain with Western Uranium

- Complete three new exploration earn-in agreements

- Continue to build market recognition

2009 HIGHLIGHTS:

- 52 Week High/Low: C$3.35 / C$ 1.67

- Completed CDN $17.45 Million in Private Placement Financings

- Shareholders of the Company ratified adoption of a Shareholder
Rights Plan

- Over 154,000 feet (46,970 meters) of drilling completed in Nevada
and Argentina

- Initial NI-43-101 Resource Report for Long Canyon released in March
2009, announced 363,000 ounces Au as Indicated Mineralization and
459,000 ounces Au as Inferred Mineralization (0.3 g/t cut-off
grade)

- Column Tests on Long Canyon "Bulk" Surface Samples achieved high
and fast gold extraction (84% - 96%) with a minimal amount of
crushing (from 2.5 - 7.5 cm or 1-3")

- Preliminary Economic Assessment for Long Canyon released in
December 2009

- Increased land position in the Pequop Gold District with 96,000
acres (38,850 hectares) of optioned land comprised of
approximately 73,000 acres of (29,542 hectares) fee land and
mineral rights, and in addition, staked unpatented mining claims
covering approximately 23,400 acres (9,470 hectares) all in the
vicinity of the Pequop Gold District

- Purchased Basti Resources, owner of the Baza Project in Spain

- Drilled 2 holes at Hays Canyon

- Earn-in Agreement signed with Golden Dory Resources, Inc. (GDR)
for Pequop South

- Earn-in Agreement signed with NuLegacy Gold NV Inc (Private NV
based Company) for Wood Hills South

- Earn-in Agreement signed with Western Uranium Corporation (WUC)
for Baza, Spain

LONG CANYON HIGHLIGHTS:

- AuEx is 49% owner of this Carlin-type gold deposit which is
located within the eastern portion of the Pequop Mining District
with joint venture partner, Fronteer Development Group
who is 51% owner and operator

- High-grade, near surface, oxide gold deposit, open-pit amenable,
with new zones of mineralization identified extending strike length
from just over 1 mile to 1.6 miles (8,532 feet long and about
1,000 feet wide) open on strike and depth

- Drilled 238 holes: completed 35,000 feet (10,668 meters) of
reverse circulation and 61,000 feet (18,593 meters) of core
drilling

- Initial NI-43-101 Resource Report released in March 2009, announced
363,000 ounces Au as Indicated Mineralization and 459,000 ounces
Au as Inferred Mineralization (0.3 g/t cut-off grade)

- Preliminary Economic Assessment released in December 2009 (with
drill data as of March 2009) indicated:
- Total gold produced = 565,000 ounces
- 6 Year Mine Life Averaging 93,000 Ounces/Year
- $351/Ounce Cash Cost
- $66,000,000 Initial Capital Cost
- 1.3 Years Payback
- 64% Pre-tax IRR
- $145,000,000 Pre-tax NPV

LONG CANYON'S 2010 PROJECTED BUDGET AND DRILLING PROGRAM:

The 2010 exploration program for the Long Canyon joint venture will consist of 45,500 meters (or 150,150 feet) of reverse circulation and core drilling. The program is designed to extend gold mineralization to the southwest and to the northeast where drilled mineralization remains open, and to test other new exploration targets.

Our goal is to increase the overall amount of gold mineralization, increase the confidence level of the known gold mineralization, and to discover new gold mineralization on the 12,000 acre property. Engineering, environmental, hydrological, metallurgical, permitting, and land and legal programs are ongoing.

WEST PEQUOP HIGHLIGHTS:

- AuEx is 49% owner of this Carlin-type gold mineralization
consisting of three gold deposits including: Acrobat, Section 34,
and Mountain Top. Joint Venture Partner, Agnico-Eagle (USA) is 51%
owner and operator. The project is located within the western
portion of the Pequop Mining District

- Gold mineralization occurs in at least 3 distinct stratigraphic
positions within the enclosing Cambrian and Ordovician limestone and
dolomite assemblages

- Gold mineralization is commonly associated with faulting, felsic
dikes and solution collapse breccias. Maps showing the locations
of drill holes at West Pequop are posted on the company's website.

- Total footage drilled in 2009 was 51,000 feet (or 15,454 meters)
from 57 drill holes (41 reverse circulation or 34,985 feet (or
10,601 meters) and 16 core holes or 16,375.5 feet (or 4,962
meters) mainly in Acrobat, Section 34, Mountain Top and Range Front
target areas

- Drilling expanded the extent of gold mineralization in all known
areas within the West Pequop project

WEST PEQUOP 2010 PEOJECTED BUDGET AND DRILLING PROGRAM:

Agnico-Eagle plans to continue an aggressive exploration program for the West Pequop Venture with a budget of over $3 million. The 2010 exploration program is designed to expand the known gold-bearing zones and explore for gold in other areas identified by surface sampling and geological mapping. The initial NI 43-101 Technical Report is planned to be released in Q2 2010.

OTHER NEVADA PROPERTIES:

AuEx has applied for permits to drill at the Buffalo Canyon and Green Monster projects on behalf of earn-in partner, Eldorado Gold Corporation. NuLegacy Gold, earn-in partner on the Wood Hills South project, plans drilling in late 2010 and to complete geophysics and soils on the project. Golden Dory Resources, earn-in partner on the Pequop South project, plans to drill on the property in 2010.

ARGENTINA:

AuEx has a strategic alliance with Agnico-Eagle in Santa Cruz Province, Argentina, for generative exploration in which costs are shared AuEx 30% and Agnico 70%. AuEx has applied for exploration rights on 11 parcels and has leased exploration rights on 4 parcels. These define thirteen distinct land packages of mineral rights totaling almost 90,000 hectares (or 216,000 acres), all in mining friendly Santa Cruz Province. To date, Agnico-Eagle has accepted four projects: Meridiano, Gertrudis, La Rosita, and Covadonga earn-in agreements and is obligated to fund 100% of the costs. Agnico can vest at a 60% interest in these properties upon completion of $1M in exploration expenditures, and earn an additional 10% by carrying costs through feasibility capped at $10M. Drilling is planned in 2010 at Meridiano, Gertrudis, and La Rosita, with additional generative exploration work continuing.

SPAIN:

AuEx's Baza project in southeastern Spain is a new large Iron Oxide Copper Gold (IOGC) District where regional stream sediment and extensive rock chip sampling have been completed. A ground magnetics survey has been completed on the most advanced prospects of Cerro del Gallo and Valenciano. A regional-scale helicopter magnetics, radiometrics and EM survey is being planned for the first half of 2010. On October 14, 2009, AuEx Ventures, Inc. announced the purchase of Basti Resources S.L. ("Basti") and the execution of an exploration earn-in agreement with Western Uranium Corporation (TSX:WUC). WUC's budget for exploration activity for Baza is $1.5 million with the first drilling anticipated in March 2010.

JOINT VENTURE OPPORTUNITIES:

The company continues to leverage the extensive in-house exploration experience and high-end technical skills of its founders to grow its portfolio of exploration projects. AuEx will then offer projects it has advanced to select partners under exploration earn-in/joint venture arrangements following its joint venture business model. By doing so, the Company leverages out exploration risk to partners, minimizes shareholder dilution, allows Company to offset G & A, and annexes partners' strengths and knowledge base. Subsequent exploration will, with good fortune, lead to discovery and additional value creation for AuEx shareholders.

For a complete list of AuEx Ventures, Inc. Joint Venture Opportunities, please visit www.auex.com; go to Exploration then Property Summary where you will see a list of projects with a brief overview of the geology and its location. Mr. Eric M. Struhsacker, US Exploration Manager may be contacted at (775) 337-1545 or by email at estruhsacker@auex.com.

To learn more about AuEx's properties in Argentina, please contact Paul D. Robinson, Ph.D., Manager Exploration Services, Senior Geologist at probinson@auex.com.

In closing, Ronald L Parratt, President & CEO of AuEx, states "2010 will be a very exciting year for AuEx, and we look forward to the results of our efforts over the next several months. Thank you for your support, loyalty, and dedication to our Company".

STOCK QUOTE

Date:	03-10-2010
Time:	15:59
Last:	$C 3.08
Volume:	79556
Change:	even

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