Company Web Site: www.auexventures.com

(NI) 43-101 reports from projects located in: USA (US)

This report is based on NI 43-101 disclosures and fully diluted share counts available on: 2009-04-24. Metrics have been updated with stock price and metal prices in effect at the close of Canadian markets on 2010-03-11.

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Fronteer (FRG) owns 51% of the Long Canyon project and is the project operator.

GoldMinerPulse Most Optimistic Resource Estimate Summary (MORE):
Metrics last with prices in effect at the TSX/TSXV close on 2010-03-11

Project/Deposit	CC	MVpSh	PP%	MI%	I%	Gold
Long Canyon	US	$15.07	0	33%	67%	543.20 K oz
GoldMinerPulse Metrics - Total All Projects/Deposits by Metal, prices from 2010-Mar-11
Metric / Metal						Gold
Metal Totals						543.20 K oz
Metal Prices in US$ (from 2010-03-11)						$1,108.90 per oz
Metal Value per Share (MVpSh) (Shown in US$ and based on fully diluted share count shown below)						$15.07
Percentage of Total Metal Value						100.00%
PP% | MI% | I%						0 | 33% | 67%
GoldMinerPulse Metrics - All Metals from All Projects/Deposits and Prices from 2010-Mar-11
Metal Value per Share (MVpSh)						US$15.07
Average Ore Value per Tonne						US$64.6
Metal Value Leverage (MVL)						5.04
Market Capitalization as % of Metal Value						19.8%
Recent Stock Price						C$3.06   (TSX/TSXV close on 2010-03-11.)   Conversion rate used: 1 Cnd$ = 0.976275 US$ )
Fully Diluted Share Count						39.98 M    ( Fully diluted share taken from the May 2009 AuEx Ventures, Inc. presentation. )
PP% | MI% | I%						0 | 33% | 67%
Gold Metrics-- all Projects/Deposits
Average Gold Ore Grade						1.812 g/t
Market Capitalization     per oz of Gold In Ground						$219.86   US$  |   225.20   C$
Gold Eq Oz Estimate						543.20 K oz   ( 543.20 K oz are in ground)
Market Capitalization     per oz of Gold Equilavent						$219.86   US$  |   225.20   C$
See terms for more about GoldMinerPulse metrics.

GoldMinerPulse Coverage Status:

• GoldMinerPulse coverage of AuEx Ventures Inc. is complete pending a final internal review.

(NI) 43-101 Report:

Title: Technical Report on the Long Canyon Project Elko County, Nevada, USA
Date: 2009-04-24 (119 pages)

Project Location: Nevada, USA

Map View: View the Fronteer Development Group and AUEX Ventures Long Canyon project on a Google Map.

Most Optimistic Resource Estimates (MORE):

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$4.94	178.00 K oz	2.350 g/t	4.81 M t
Estimate notes: Resource estimates are provided at Froneer's Nevada Resource Estimate Tables web page viewed August 2009. Resource quantities adjusted for ownership percentage of 49.0%. Cutoff 0.30 g/t. Cutoff aligned to match the cutoff posted in resource tables by Fronteer, the project operator

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$10.13	365.20 K oz	1.630 g/t	14.22 M t
Estimate notes: See notes for Indicated. Resource quantities adjusted for ownership percentage of 49.0%. cutOffNotes