$DUCP ~ COMPANY OVERVIEW
Headquartered in Brisbane, Australia, ARX Gold Corporation is a gold exploration, mining, and production company with projects in Australia. In the fourth quarter of 2012, the Company changed its name from Daulton Capital Corp to ARX Gold Corporation and installed a new management team focused on the exploration, acquisition and development of gold resource projects, and continues to invest in the expansion of exploration activities. The Company also continues to seek out opportunistic special situations that can add to its portfolio of assets within the resource sector. In exchange for the license for the project described below, along with the recapitalization and restructuring of the firm, ARX will pay prior parties a fixed royalty of $7.5 million and, to reduce operating costs, pay a partner a production and processing royalty based upon the value of the extracted resource.
As part of its unique approach to the mining industry, ARX has exclusively licensed a proprietary extraction method that will not only improve efficiency but allow for more gold to be extracted. The Company uses the more traditional gravity separation method in its pre-processing phase. However, in the main processing stage, ARX plans to implement its exclusively licensed technology to allow for separation of micro-fine gold particles that cannot be extracted using traditional technology, thus yielding a recovery rate of more gold per ton than traditional methods alone. We should note that not only are these methods cost effective, but they do not require the typical heavy infrastructure investment associated with the mining space. As a result, with this method and the relationship with processing partners, ARX can generate profitability at the earliest of production stages.
