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Jun 29, 2009: News Releases: 2009 Drilling Expands Long Canyon Gold Deposit (more...)

Jun 16, 2009: News Releases: Auex Ventures, Inc. Closes $11 Million Private Pla... (more...)

Jun 15, 2009: News Releases: AuEx Ventures Shareholders Ratify Adoption Of Shar... (more...)

Jun 12, 2009: News Releases: $11 Million Private Placement Upgraded To Bought D... (more...)

Jun 11, 2009: News Releases: Initial Column Leach Test Results Announced For Lo... (more...)

Dec 26, 2007: Resource World Radio broadcast: Interview with President Ronald Parratt show #38 just following the 22 minute mark.(more...)

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AUEX VENTURES INC.

AuEx Ventures, Inc. ("AuEx") is a Nevada focused 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 the joint venture business model is the most effective approach to the mineral exploration business because it: a) reduces financial risk, b) minimizes share dilution and c) optimizes exposure for exploration success.

AuEx controls about 176,000 acres of unpatented mining claims and fee land and has a current portfolio of 24 exploration projects in Nevada- 9 of which are under exploration earn-in or joint venture agreements.

2009:

2009 is proving to be a very exciting and productive year for AuEx and its funding partners. The Company expects that over $21,000,000 will be spent on exploration during 2009, which includes planned expenditures on the Long Canyon and West Pequop projects located in Nevada's Newest Gold District.

Long Canyon Highlights:
- New Carlin-type Mineral Deposit that has multiple zones of gold
mineralization
- High-grade, near surface, oxide gold deposit, open-pit amenable
- 5,460 feet long and 800+ feet wide-open on strike and depth
- Initial NI-43-101 Report released in March 2009, announced 363,000
ounces of Au of Indicated Mineralization, and 459,000 ounces of Au of
Inferred Mineralization (0.3 g/t cut-off grade)
- AuEx Ventures, Inc. is 49% owner

The 2009 exploration program for the Long Canyon joint venture will consist of 35,000 meters of reverse circulation anad core drilling. The program is designed to extend gold mineralization to the southwest and northeast, to increase the confidence level of the known gold mineralization and to discover new gold mineralization on the 12,000 acre property. The program will include drilling to the northeast where drilled mineralization remains open and to the southwest of known mineralization where 450 meters of a soil gold anomaly remains untested.

In addition, metallurgical studies are planned to assess potential processing options and preliminary engineering and environmental studies will be conducted.

West Pequop Highlights:
- Carlin-type Gold Mineralization
- Three gold deposits that include Acrobat, Section 34, and Mountain Top
- Gold Mineralization occurs in at least 3 distinct stratigraphic
positions within the enclosing Cambrian and Ordovician limestone and
dolomite assemblages.
- Mineralization remains open along strike and at depth

Agnico-Eagle plans to continue an aggressive exploration program for the West Pequop Venture with a budget of approximately $4 million. Exploration drilling during 2008 at the West Pequop Venture was conducted in the Section 34, Mountain Top, Acrobat/Juggler and Range Front target areas. This work has expanded the extent of grade gold mineralization at Section 34 and Mountain Top and established the presence of gold mineralization at the Range Front Target. The 2009 exploration program is designed to expand the known gold-bearing zones and discover new gold mineralization in other areas identified by surface sampling and geological mapping.

Other Nevada Properties:
Our joint venture partner, Eldorado Gold Corporation, is preparing to drill its Hays Canyon project in mid-2009. Surface exploration work is continuing at Buffalo Canyon and Green Monster and permitting has begun in anticipation of drilling in 2010.

Argentina:
AuEx has a strategic alliance with Agnico-Eagle in Santa Cruz Province, Argentina for generative exploration where costs are shared 30%/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, all in mining friendly Santa Cruz Province. To date, Agnico-Eagle has accepted two projects, Meridiano and Gertrudis, for further exploration work and has committed to fund 100% of the costs. Agnico can vest 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 at Meridiano is planned for late 2009 and additional generative exploration work is ongoing in Argentina.

Spain:
AuEx's Baza project in southeastern Spain is a new large IOGC District where regional stream sediment sampling has been conducted and follow-up rock chip sampling completed. More is planned in 2009. as been conducted and follow-up rock chip sampling completed. More is planned in 2009. An initial mineral license has been granted with additional applications filed. The property is 100% owned by AuEx, and is available for a joint venture or earn-in agreement.

Ronald L Parratt, President & CEO of AuEx, states "2009 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".

2008 EXPLORATION HIGHLIGHTS:

2008 was an exciting year for exploration on AuEx projects with more exploration dollars being spent than any other year since the company was formed. Over $12,000,000 was expended by AuEx and its partners with major emphasis on the West Pequop and Long Canyon projects. In June of 2008, Agnico-Eagle (USA), Ltd. completed their $5,000,000 earn-in at the West Pequop project and vested an undivided 51% interest. Agnico subsequently decided to carry AuEx through bankable feasibility to earn an additional 19% in the project for a total 70% undivided interest. Agnico drilled continuously throughout 2008 with further good results at Mountain Top and Section 34.

Fronteer Development Group completed their $5,000,000 earn-in at Long Canyon in September of 2008 and subsequently decided to remain at 51%, requiring AuEx to join with them pro-rata on continuing exploration expenses. Work at Long Canyon during 2008 was very successful with excellent grade gold mineralization being extended significantly to the northeast where it remains open. Drilling to the southwest within the 1,600 feet of untested soil anomaly was delayed by permitting during 2008, but drill site access has now commenced. The Long Canyon mineral system has a known strike length of over a mile and is still open. All mineralization is oxidized and outcropping or very shallow. An initial resource estimate is planned to be completed by February 2009.

During 2008, AuEx signed a four property exploration earn-in agreement with Eldorado Gold Corp. The properties involved include: Buffalo Canyon, Green Monster, Hays Canyon and Klondike North. Exploration activity funded by Eldorado, and carried out by AuEx, progressed well with Klondike North being drilled. Work in 2008 continued on other AuEx projects in Nevada, the company's project in Spain and on the projects in Argentina. Overall,2008 was a most exciting and eventful year!

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. 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.


STOCK QUOTE
Date: 07-03-2009
Time: 09:30
Last: $C 2.50
Volume: 1400
Change: even
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