REPORTS
REPORTS
MEMBER OF
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COLOMBIA
BOLIVIA
THE COMPANY
AUXICO RESOURCES CANADA INC. (CSE: AUAG | OTCQB: AUXIF) is a Canadian mineral exploration company focused on critical minerals and rare earth elements essential to the global energy transition. Founded in 2014, Auxico holds exploration-stage projects in Colombia and Bolivia, targeting strategic materials including niobium, tantalum, scandium, platinum group metals, and rare earth elements.
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The Company’s flagship Minastyc Project in Colombia is advancing exploration activities. In Bolivia, Auxico holds an 85% interest in Empresa Minera El Benton S.R.L., which oversees early-stage work on the El Benton and Monte Verde concessions.​​
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​Auxico also holds a license to Ultrasound Assisted Extraction (UAEx) technology, a patented process designed to enhance the efficiency and environmental sustainability of critical mineral recovery. Initial lab-scale testing has shown promising recovery rates for select rare earth elements.
ULTRASOUND
TECHNOLOGY
Auxico holds a license for Ultrasound Assisted Extraction (UAEx), a patented processing method developed by Central America Nickel ("CAN"). The technology uses high-frequency ultrasound and mild reagents to improve the recovery of critical minerals while reducing the need for high pressure, heat, and harsh chemicals — minimizing both environmental impact and operational complexity.
UAEx has shown over 84% recovery of select rare earth elements in lab-scale testing. The process also enables the reduction of radioactive thorium content in concentrates to below 0.1%, meeting thresholds for international shipping.
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As part of its broader commitment to responsible extraction technologies, Auxico also holds worldwide rights to a mercury-free and cyanide-free process for gold and silver recovery, supporting artisanal mining practices in alignment with the Minamata Convention.