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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JPW


Status: Available for Joint Venture.

Press Releases:

June 20, 2006   Auex Attracts Tournigan To Joint Venture Three Projects And Grants Stock Options

Target: Multigram mesothermal quartz veins dipping under an altered rhyolite dome of uncertain age are the primary targets.

Location: The JPW project is about 50 miles ENE of Reno and just N of Brady's Hot Spring on Highway 80 north of Fernley in Churchill County Nevada. The project area is adjacent to the AuEx-Tournigan Fireball Ridge and Gypsum Valley projects.

Ownership: AuEx has 100% ownership of 24 unpatented lode claims and 480 acres of optioned fee land.

History: AuEx defined the target area from proprietary processing of satellite imagery and detailed geochemical sampling of specific vein systems. Ground follow-up and sampling by AuEx has returned gold values to 5.5 g/t, silver values to 567 g/t and strongly anomalous pathfinder geochemistry. Previous explorers conducted trenching in two areas with several drill holes being drilled in one of these. The area with the highest surface gold samples adjacent to the altered rhyolite dome has never been drilled.

Geology: The prospect contains a mesothermal gold-silver bearing quartz veins hosted within a series of northeast faults in sericitically altered Mesozoic meta-sediments and meta-volcanics. Quartz veins dip into an altered rhyolite rock unit and are buried directly out to the edge of the pediment.

AuEx Ventures, Inc. is currently seeking a joint venture partner for the JPW Property. To learn more about this property and other joint venture opportunities, please contact Eric M Struhsacker, Exploration Manager, US at (775) 337-1545 or email him at: estruhsacker@auex.com.

AuEx Ventures, Inc. is a TSX listed precious metals exploration company that has a current portfolio of over twenty properties in Nevada, two projects in Argentina and one project in Spain.

The Company controls over 167,000 acres of unpatented claims and fee land. Eleven of the projects are in joint venture agreements with seven companies providing exploration funding. 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.


Satellite
image

 


Hypogene
alteration
& rock chip
samples


 


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