AUQ ANNOUNCES Agreement to earn into Nabikok Lithium Prospect
AuQ GOLD MINING INC.
Suite701 - 595 Howe Street
Vancouver, BC, V6C 2T5
AUQ ANNOUNCES Agreement to earn into Nabikok Lithium Prospect
Vancouver, BC August 24, 2023 – AuQ Gold Mining Inc. (TSXV: AUQ; PINK: NSVLF) (the
“Company”) announced that it has faced serious disruptions (due to both forest fires and
supply chain disruptions arising from commandeering of helicopters and other technical
support by local firefighters) to access its Quebec minerals projects.
Accordingly, management of the Company has been seeking other opportunities to complete
its flow through expenditures commitment. In furtherance of that effort, the Company has
agreed to earn a 50% interest in the Nabikok Lithium Exploration Project held by True North
Gems Inc,(TGX-TSXV) by expending a total of $600,000 over three years, of which $100,000
must be spent in the first year.
The Company has organized a crew to get on the property next week, in order to expedite its
flow through expenditure commitment.
Nabikok Lithium Exploration Project
The Nabikok Pegmatite Project is an early-stage lithium-bearing spodumene pegmatite
prospect comprised of 155 exploration claims, having a total area of 8,897 hectares, in the
eastern region of the Abitibi Belt , Quebec Canada. The Project is located 47 km southwest of
Val d’Or and 67 kilometres southeast of Cadillac, PQ. The Nabikok claim group is centred in
UTM Zone 18 at coordinates 277,395 meters East and 5,286,290 meters North, at 330 masl.
Previous exploration
In 2022, True North Gems completed two pre-field, exploration initiatives on the Nabikok
property; and high-resolution heliborne magnetic and spectrometric survey, and, acquisition
of high-resolution multi-spectral satellite imagery. Based on available information, this is
the first geoscientific data collected from the Nabikok property as it is currently configured.
About AUQ Gold Mining Inc. Inc.
AUQ is engaged in the acquisition, exploration and development of mineral property assets
in Canada. AUQ recently acquired the Lac Bruce lithium properties, located in the vicinity of
the Mia Li-1 and Mia Li-2 lithium occurrences in the James Bay region of Northern Quebec.
AUQ's objectives are to conduct exploration programs on its Quebec lithium properties and
to locate and develop other economic critical mineral properties of merit.
Website: www.auqgold.com
Contact Person: Mr. Glen Macdonald
Telephone: (604) 719-8129
Email: [email protected]
ON BEHALF OF THE BOARD
“Glen Macdonald”
Chief Executive Officer and Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
WARNING:
This news release may contain forward-looking statements that are based on AuQ Gold Mining Inc.'s
expectations, estimates and projections regarding its business and the economic environment in which it
operates. These statements are not guarantees of future performance and involve risks and uncertainties that
are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those
expressed in these forward-looking statements and readers should not place undue reliance on such statements.
Statements speak only as of the date on which they are made, and AuQ Gold Mining Inc. undertakes no
obligation to update them publicly to reflect new information or the occurrence of future events or
circumstances, unless otherwise required to do so by law.