AUQ Announces Completion of the Phase 1 Exploration of the Nabikok Property, Quebec
AuQ GOLD MINING INC.
Suite 701 - 595 Howe Street
Vancouver, BC, V6C 2T5
AUQ ANNOUNCES COMPLETION OF THE PHASE 1
EXPLORATION OF THE NABIKOK PROPERTY, QUEBEC
Vancouver, BC May 7, 2024 – AuQ Gold Mining Inc. (TSXV: AUQ; PINK: NSVLF) (the “Company”)
announced the completion of the $450,000 flow-through funded Phase 1 exploration program at its
Nabikok property in the Decelles region of Quebec, situated southwest of Val d’Or.
The Phase 1 reconnaissance field, program was initiated in Q2 of 2023, with the objective to follow-
up on magnetic and radiometric anomalies interpreted from the 2022 airborne geophysical survey.
The program included reconnaissance-scale geological mapping, XRF prospecting, shoreline
mapping, and LiDAR surveying capable of defining resistant linear features that could potentially
represent pegmatite dykes.
Additionally, the fieldwork collected baseline environmental data through the acquisition of detailed
digital terrain models, contemporaneous photogrammetry, and satellite imagery analysis.
The 2023 field program was successful in ground-truthing airborne geophysical data on the ground
and identifying the presence of pegmatitic bodies associated with radiometric geophysical
anomalies. Furthermore, interpretation of the data collected identified priority areas of the project
for additional fieldwork.
The 2023 field program confirmed the Nabikok property's prospectivity for the discovery of lithium-
cesium-tantalum type pegmatite bodies and the potential for associated lithium mineralization. The
Company holds a right to earn a 50% interest in the Nabikok Property of True North Gems Inc.(TGX-
TSXV), as previously announced on August 24, 2023, by expending $600,000 over a three-year
period. As the first-year commitment was $100,000, the earn-in agreement has been fulfilled, to
that extent.
Qualified Person
Andrew Lee Smith, P.Geo., is a Qualified Person under the definitions of National Instrument 43-101 and has
reviewed and approved the technical contents of this news release.
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.
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.