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Mark Billings of Auxico Resources Canada on Completing Its Second Trade of Rare Earths Ore

In this InvestorIntel interview with host Tracy Weslosky, Auxico Resources Canada Inc.’s (CSE: AUAG) President Mark Billings discusses its announcement of the company’s second trade of rare earths ore (monazite sands) from the Democratic Republic of Congo, and plans for future additional trades.

In the interview, which can also be viewed in full on the InvestorIntel YouTube channel (click here to access InvestorChannel.com), Mark says that “we’ve completed two trades over the last couple of months for about 300 metric tons of rare earth concentrates and are looking to continue that.” He goes on to say that “we’re looking to do another trade very shortly for another 250 to 300 metric tons, and our goal is to ramp that up to 500 to eventually a thousand metric tons per month from the DRC.”

Mark tells Tracy that one of Auxico’s advantages is that its rare earths elements are contained in monzanite surface sands instead of hard rock, and that it is able to use an ultrasound extraction process that is “all done at atmospheric temperature and pressure, and we’re able to separate the ore into its component parts in a much quicker, cost effective and environmentally friendly way.” He says that Auxico’s ability to separate out the thorium and their unique extraction process are defining features of the company.

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About Auxico Resources Canada Inc.

Auxico Resources Canada Inc. (“Auxico” or the “Company”) is a Canadian company that was founded in 2014 and based in Montreal. Auxico is engaged in the acquisition, exploration and development of mineral properties in Colombia, Brazil, Mexico, Bolivia and the Democratic Republic of the Congo.

To learn more about Auxico Resources Canada Inc., click here

Disclaimer: Auxico Resources Canada Inc. is an advertorial member of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.

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.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

If you have any questions surrounding the content of this interview, please contact us at +1 416 792 8228 and/or email us direct at info@investorintel.com.




Auxico Resources’ Pierre Gauthier on being the first NA company to commercially produce and sell monazite into the world market

Pierre Gauthier, Chairman and CEO of Auxico Resources Canada Inc. (CSE: AUAG) recently spoke with InvestorIntel’s Byron W. King about Auxico’s just licensed patent for ultrasonic disintegration process technology. This technology allows a rapid decrease in the time, temperature, and pressure necessary to crack hard rock ores and extract valuable minerals by disintegrating the ores without the need for extensive crushing and grinding. The ultrasonic process allows a high level of extraction efficiency by greatly increasing the surface area to volume ratio of the minerals to allow rapid leaching out of the payable metals. Pierre emphasized the broad application by Auxico of this ultrasonic technology. In particular, it has allowed class-leading rapid high-level extraction of nickel and of rare earths from their ores. This saves water, energy, and most of all, time, which, of course, reduces costs.

Pierre went on to say that Auxico has also developed a new simplified chemical process for removing the radioactive elements from the very rich in magnetic rare earths mineral, monazite, after it has been treated ultrasonically. Auxico, he continued, has located monazite bearing mineral sands in Columbia and the Democratic Republic of Congo (DRC) as well as monazite rich residues from tin mining in Brazil, Bolivia, and the DRC. It will treat them ultrasonically, where necessary, to improve and facilitate the removal of radioactive thorium and uranium and their safe disposal in the countries of origin in order to be able to ship the monazite for extraction and separation into individual rare earths in a plant to be constructed in Quebec or the USA.

Auxico’s monazite from the DRC is low enough in thorium and uranium so that the mineral can be shipped out of the country without processing. Pierre finally pointed out that Auxico has already sold and shipped 100 tons of monazite from its DRC operation to a customer in Asia.  Auxico plans to ramp up the shipments from the DRC to 1000 tons per month by the end of 2022.

This makes Auxico the first Canadian company to commercially produce and sell monazite into the world market. As Byron W. King said, “This has been a fabulous interview.”

To access the complete interview, click here

About Auxico Resources Canada Inc.

Auxico Resources Canada Inc. is a Canadian company that was founded in 2014 and based in Montreal. Auxico is engaged in the acquisition, exploration and development of mineral properties in Colombia, Brazil, Mexico, Bolivia and the Democratic Republic of the Congo.

To learn more about Auxico Resources Canada Inc., click here

Disclaimer: Auxico Resources Canada Inc. is an advertorial member of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.

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.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

If you have any questions surrounding the content of this interview, please contact us at +1 416 792 8228 and/or email us direct at info@investorintel.com.




Byron King, Mark Chalmers and Jack Lifton on Energy Fuels becoming ‘a domestic Gigafactory for critical minerals’ in the USA

In this episode of Critical Minerals Corner, Byron King and InvestorIntel Editor-in-Chief and Member of Advisory Board at Energy Fuels Inc. (NYSE: UUUU | TSX: EFR) Jack Lifton are joined by Mark Chalmers, President and CEO of Energy Fuels Inc. to discuss how Energy Fuels “could be a domestic gigafactory for critical minerals in the United States of America.”

Mark Chalmers started by saying that Energy Fuels is the only company in North America that provides exposure to the critical materials uranium, vanadium, and the rare earths. Providing an update on Energy Fuels’ agreements with Neo Performance Materials Inc.’s (TSX: NEO) and Nanoscale Powders, Mark went on to explain why Energy Fuels is “more advanced than any other company in North America” and provides an alternative to China for producing rare earths from monazites in the U.S., while operating at world-class standards. Jack Lifton added, “Energy Fuels is the only commercial producer of downstream rare earth products today in North America.”

To access the complete episode of this Critical Minerals Corner discussion, click here.