Mr. Glen Macdonald reports

AUQ ANNOUNCES AGREEMENT TO EARN INTO NABIKOK LITHIUM PROSPECT

AUQ Gold Mining Inc. 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 mineral 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-per-cent interest in the Nabikok lithium exploration project held by True North Gems Inc., 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 comprising 155 exploration claims, having a total area of 8,897 hectares, in the eastern region of the Abitibi belt, Quebec. The project is located 47 kilometres southwest of Val d'Or and 67 kilometres southeast of Cadillac, Que. The Nabikok claim group is centred in UTM zone 18 at co-ordinates 277,395 metres east and 5,286,290 metres north, at 330 MASL (metres above sea level).

Previous exploration

In 2022, True North Gems completed two prefield exploration initiatives on the Nabikok property, and high-resolution heliborne magnetic and spectrometric survey and, acquisition of high-resolution multispectral 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.

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.

We seek Safe Harbor.