Auramex Resource Corp. (the “Company”) announces th at it has granted an option (the “Option Agreement”) to Decade Resources Ltd. (“Decade”) to explore and exploit 161 hectares (the “Property”) located at the historic Georgia River M ine, 18 kilometres south of Stewart, B.C. in
FOR IMMEDIATE RELEASE (TSX V Symbol: AUX) April 11, 2017
Auramex Resource Corp. (the “Company”) announces th at it has granted an option (the “Option
Agreement”) to Decade Resources Ltd. (“Decade”) to explore and exploit 161 hectares (the
“Property”) located at the historic Georgia River M ine, 18 kilometres south of Stewart, B.C. in
the Skeena Mining Division.
The Option Agreement provides that Decade pay $50,0 00 to the Company on signing, $425,000
over three years and; conduct $2,500,000 work over four years to earn a 75% interest in the
Property. Upon Decade earning the 75% interest, the Company will receive a net Smelter Return
royalty (NSR) of 2%, half of which can be purchased for $1 million.
A joint venture agreement provides for Decade to sp end approximately $13 million to earn an
additional 20% if the Company does not contribute. At a 5% diluted interest, the Company will
receive a 1.5% NSR for its 5% interest and Decade will hold a 100% property interest.
About Auramex Resource Corp. – www.auramex.com
Auramex Resource Corp. is a junior mineral explorat ion company with projects in British
Columbia. In B.C., the Company holds approximately 20,000 hectares near Stewart, in the
Golden Triangle.
For information on Auramex please contact Judie Whitby at (604) 924-9376 or refer to the
company’s website: www.auramex.com.
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.
750 Grand Boulevard
North Vancouver, BC
V7L 3W4
Tel: 604-924-9376
Fax: 604-924-9371