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      schrieb am 20.06.06 14:42:03
      Beitrag Nr. 1 ()
      AuEx Attracts Tournigan to Joint Venture Three Projects and Grants Stock Options
      6/20/2006

      VANCOUVER, BRITISH COLUMBIA, Jun 20, 2006 (CCNMatthews via COMTEX News Network) --
      AuEx Ventures, Inc. ("AuEx") (TSX VENTURE:XAU) is pleased to announce that it has signed an Exploration and Development Agreement with Tournigan Gold Corporation ("Tournigan") regarding AuEx's Fireball, JPW and Gypsum Valley gold exploration projects all located approximately 20 miles northeast of Fernley in Churchill County, Nevada. The property package committed to Tournigan consists of 207 unpatented mining claims and over 12,000 acres of leased or optioned fee land for a total of over 16,000 acres.

      AuEx has granted Tournigan, a Vancouver based, TSX.V listed company, an option to earn a 51% interest in each of the three projects included in the agreement by funding $1,000,000 in exploration on each project within five years (an aggregate of $3,000,000) to be vested in all three projects. Tournigan paid AuEx $35,000 on signing and is obligated to fund $100,000 of exploration in the first year of the option. Upon vesting an interest, Tournigan may then elect to earn an additional 9% interest (60% total) by spending an additional $1,000,000 within three years on each project vested and may earn an additional 10% interest (70% total) by funding all expenditures through completion of feasibility and by arranging project financing. The agreement also contains a 150 square mile Area of Interest ("AOI") that surrounds and includes the three established projects. AuEx has performed remote sensing, gravity and magnetics analysis that has identified possible exploration targets. Tournigan may establish additional exploration projects within the AOI for which the earn-in requirements are one-half of the amounts noted above. Tournigan will be operator for all exploration.

      The Fireball project, consisting of AuEx's former Fireball Ridge and Fireball South projects, is a large, epithermal gold system that contains several areas of gold mineralization identified through surface sampling and previous drilling and evidenced by several historic mine workings consisting of small shafts and adits. AuEx has obtained and compiled this drill data along with other exploration data and has developed new untested exploration targets. The JPW project is a mesothermal gold-silver target hosted within altered Triassic aged felsic volcanics that has relatively minor historical exploration but also contains historic mine workings. The Gypsum Valley project is a newly staked, conceptual, epithermal gold/silver target with no prior history of exploration consisting of a steam altered fault zone with sinter and anomalous geochemistry identified by AuEx through processing of thematic mapper satellite imagery.

      The Company has a 2004 Combined Incentive and Non-Qualified Stock Option Incentive Plan (the "Plan"), whereby 1,485,224 common shares are reserved for issuance pursuant to the Plan. The Company will at the next annual general meeting of the shareholders request that the fixed number of shares reserved for issuance pursuant to the Plan be increased to approximately 20% of the issued and outstanding shares of the Company at the record date of that meeting. On June 16, 2006 the Directors granted Incentive Stock Options on 885,000 shares of the Company's capital stock, exercisable for up to five years at a price of Cdn$1.75 per share being the closing price of the Company's shares on the day before they were granted. The exercise of the options is subject to shareholder and regulatory approval of the Plan and will vest as to 1/3 on each six month anniversary of the date of grant.

      AuEx Ventures, Inc. is a Nevada focused, precious metals exploration company that began trading on June 30, 2005. AuEx has a current portfolio of 12 exploration projects in Nevada consisting of over 40,000 acres of fee land and unpatented mining claims with nine of these projects currently in joint venture agreements. AuEx applies the extensive Nevada exploration experience and high-end technical skills of its founders to search for and acquire new precious metal exploration projects that are then offered for joint venture.

      AuEx Ventures, Inc.

      Ronald L. Parratt, President and CEO

      This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although the management of AuEx believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

      SOURCE: AuEx Ventures, Inc.

      AuEx Ventures, Inc. Ronald L. Parratt President and CEO (775) 337-1545 AuEx Ventures, Inc. Deborah Thiel Manager, Investor Relations (604) 541-9655 www.auexventures.com

      Copyright (C) 2006 CCNMatthews. All rights reserved.
      Avatar
      schrieb am 20.06.06 14:46:50
      Beitrag Nr. 2 ()
      vorbörslich in 1,74 CAD - zieht wohl an
      Avatar
      schrieb am 20.06.06 14:47:11
      Beitrag Nr. 3 ()
      :D

      Geil wenn das die News ist auf die man gerade wartet dann Feuer Frei und abgehts nach oben ..... :D ! Neue Ressourcen ach da kann man viel hineininterpretieren !

      TGP hat viel Platz nach oben !!!!! 1. Wahl im Bezug auf Explorer !

      Klares Strong Buy !!!! :eek:
      Avatar
      schrieb am 20.06.06 14:50:08
      Beitrag Nr. 4 ()
      1,74 € das sind doch 1,24 €
      Avatar
      schrieb am 20.06.06 14:50:56
      Beitrag Nr. 5 ()
      bei yahoo finance ist die news noch nicht zu finden, da könnte einiges gehen gleich

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      schrieb am 20.06.06 14:54:30
      Beitrag Nr. 6 ()
      charttechnisch sehe ich bis 2 CAD keine nennenswerten Hürden - bin jetzt erst mal weg und lass das gute teil laufen
      Avatar
      schrieb am 20.06.06 14:57:53
      Beitrag Nr. 7 ()


      achtung über 1,20E gehts richtig rund!!!:eek:


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