In this InvestorIntel interview, Tracy Weslosky talks to Auxico Resources Canada Inc.’s (CSE: AUAG) CEO and President Frederick Kozak about Auxico’s JV agreement for high-grade tin trading operations in Colombia. As Auxico is set to begin the export of its first tin shipment from Colombia, Frederick discusses how the agreement represents a potential new source of recurring revenue for them.
In addition to speaking about Auxico’s exclusive trading rights for rare earth concentrates exported from the DRC that is also generating recurring revenue, Frederick provides an update on their Massangana Tin Tailings Project in Brazil. Estimated to have 30 million tonnes of tin tailings, based on a study prepared by the German Mineral Resources Agency and Geological Survey of Brazil, Frederick says that their Massangana Tin Tailings project also has other critical minerals such as tantalum, niobium, and monazite.
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About Auxico Resources Canada Inc.
Auxico Resources Canada Inc. (“Auxico”) is a Canadian company that was founded in 2014 and based in Montreal, Quebec, trading on the Canadian Stock Exchange (CSE) under symbol AUAG. Auxico is engaged in the acquisition, exploration, and development of mineral properties in Colombia, Brazil, Mexico, and the Democratic Republic of the Congo (“DRC”).
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Disclaimer: Auxico Resources Canada Inc. is an advertorial member of InvestorIntel Corp.
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This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
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