Auxico Signs a Letter of Intent for the Exploitation and Trading of Tantalum and Iridium in Ivory Coast News provided by Share this article MONTREAL, April 20, 2021 /CNW Telbec/ - Auxico Resources Canada Inc. (CSE: AUAG) is pleased to announce that it has signed a letter of intent ("LOI") to finance the production and export of high-grade tantalum and iridium ore from an 800-hectare property located 400 metres from a deep sea port, in the sub-prefecture of Bouandougou, department of Mankono, Ivory Coast. Samples from the property were recently analyzed by Coalia Research Institute in Thetford Mines, Quebec. Test results yielded a grade of 59.58% tantalum (Ta) per metric tonne, along with 1.7 kg of iridium (Ir) per metric tonne, or approximately 53 ounces of iridium per metric tonne. The price of tantalum is