WNC135 is a northwest-directed angle hole, one of four mineralized holes reported herein that confirmed and extended gold mineralization in the Mountain Top Zone first described in NR08-01 of January 7th. Significantly, WNC133, a short step-out northeastward from WNC101, intersected:

- 24 feet (7.3 meters) at 0.406 ounces per ton (13.936 grams per tonne), including 15.7 feet (4.8 meters) at 0.545 ounces per ton (18.677 grams per tonne) from a depth in-hole of 121 feet (36.9 meters).

--------------------------------------------------------------------------
                      Inter-                                 Inter-
                       cept                                   cept
                     Length     Au      Au    From      To  Length      Au
Hole ID   From    To  (feet)  (ppb)(oz/ton)(metres)(metres)(metres)   (gpt)
--------------------------------------------------------------------------

--------------------------------------------------------------------------
WNC110      67    77     10    595   0.017    20.4    23.5     3.1   0.595
--------------------------------------------------------------------------
WNC124     132   142     10    712   0.021    40.2    43.3     3.1   0.712
--------------------------------------------------------------------------
         147.5 166.5     19    465   0.014    45.0    50.7     5.8   0.465
--------------------------------------------------------------------------
           425 445.5   20.5    542   0.016   129.5   135.8     6.2   0.542
--------------------------------------------------------------------------
WNC133     104   128     24  13936   0.406    31.7    39.0     7.3  13.936
--------------------------------------------------------------------------
Including  107 122.7   15.7  18677   0.545    32.6    37.4     4.8  18.677
--------------------------------------------------------------------------
WNC134      91  97.5    6.5   3920   0.114    27.7    29.7     2.0   3.920
--------------------------------------------------------------------------
           121   131     10   3429   0.100    36.9    39.9     3.0   3.429
--------------------------------------------------------------------------
WNC135   199.1   215   15.9   1661   0.048    60.7    65.5     4.8   1.661
--------------------------------------------------------------------------
           230 291.7   61.7   8726   0.255    70.1    88.9    18.8   8.726
--------------------------------------------------------------------------
Including  230   272     42  12280   0.358    70.1    82.9    12.8  12.280
--------------------------------------------------------------------------

Drill holes WNC-127, 128, 129, 130, 131, and 132 did not contain reportable gold values. An updated drill hole map is posted on the Company's website (to view map please click on the following link: http://media3.marketwire.com/docs/XAU1008.pdf). Results for WNC136, 137 and 138 are pending.

WNC124 provides evidence of the prospective nature of the western range front area of the Pequop Mountains. Agnico is continuing the effort to identify other targets in this large area.

Exploration activity is continuing in all of the known target areas including the Section 34, Acrobat-Juggler, Mountain Top, and Range Front areas. Agnico will continue drilling in these areas throughout October, 2008 supported by mapping and sampling. A gravity survey, completed in June over the western range front area, lends further support to the target generation effort.

As reported to AuEx by Agnico, all drill samples were collected following standard industry practice and were assayed by American Assay Laboratories, Inc. of Sparks, Nevada. Gold results were determined using standard fire assay techniques on a 30 gram sample with an atomic absorption finish. QA/QC included the insertion of numerous standards and blanks into the sample stream. Check assays and preliminary cyanide amenability testing are underway. All intercepts are reported as drilled; true widths have not been calculated. All data, as reported to the Company by Agnico and disclosed in this press release including sampling, analytical and test data have been reviewed by the Company's qualified person Mr. Eric M. Struhsacker, M.Sc., and Certified Professional Geologist. Further details concerning the West Pequop property are described in the Company's National Instrument 43-101 report filed on Sedar and are on the Company's website.

The Company's interest in the West Pequop Venture is carried by Agnico through to completion of a bankable feasibility study at which time Agnico will have earned 70% and the Company 30%.

AuEx Ventures, Inc. is a precious metals exploration company that has a current portfolio of eighteen exploration projects in Nevada, five projects in Argentina and one project in Spain. The Company controls over 80,000 acres of unpatented claims and fee land in prospective areas of Nevada. Nine of the projects are in exploration earn-in or formal joint venture agreements with six companies who provide exploration funding. The Company applies the extensive 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 & 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
(775) 337-1545
Email: rparratt@auex.com

LC129 is a northwest-directed angle hole located in the southwest quarter of Section 21. Nine of the eleven mineralized holes reported herein confirmed and extended gold mineralization in the Shadow Zone first described in NR08-14 of August 19th. Most notably, LC113 intersected:

- 240 feet (73.2 meters) at 0.049 ounces per ton (1.68 grams per tonne), including 10 feet (3.1 meters) at 0.389 ounces per ton (13.33 grams per tonne) from a depth in-hole of 245 feet (74.7 meters).

The Shadow Zone lies northwest of and parallel to the Northeast Zone also described in NR08-14. The remaining hole reported, LC126, intersected shallow oxide mineralization in the Northeast Zone.

These new drill holes extend and confirm the presence of gold mineralization in multiple, parallel northeast directed zones over a strike length of approximately one mile (1.6 kilometers). Drilled mineralization remains open on strike and at depth. The strike extent of gold mineralization, known from drilling, rock chip, and soil samples, is now about 7,000 feet (2,133 meters). This span includes the sparsely drilled southwestern extension of mineralization and the undrilled southwestern area of highly anomalous soil and outcrop samples targeted for drilling later this season. A Plan of Operations and bond under final review by the U.S. Bureau of Land Management will accommodate the expansion of the drilling program on the Long Canyon project particularly to the southwest area.

This news release and the three others released since late July have now reported a total of 44 of the 84 holes that have been collared in the 2008 program to date. Approximately 43,600 feet (13,300 meters) of drilling has been completed at Long Canyon this year. The combination core and reverse circulation drilling program continues with the goal of drilling until the onset of winter conditions. An initial NI 43-101 compliant resource estimate is planned for Long Canyon at the conclusion of the 2008 exploration program.

At the current pace, Fronteer will exceed significantly the original amount of drilling planned for 2008. The Long Canyon Venture partners are planning, in addition to drilling, additional detailed geological mapping and prospecting to identify new targets and to evaluate more thoroughly this large 15,000 acre (6070 hectare) property.

Fronteer has earned a 51% interest in the Long Canyon Venture, subject to AuEx's confirmation that Fronteer has met its spending obligation of $5,000,000. The Company has elected to participate in pro-rata joint funding at its 49% interest. However, Fronteer has an ability until December 10th, 2008 to earn an additional 14% interest by electing to carry all further costs to advance Long Canyon through a feasibility study to be completed within five years.

The following table summarizes the new reportable assay results:

-----------------------------------------------------------------------
---
                         Inter-                               Inter-
                          cept            Au   From     To     cept
           From     To  Length     Au    (oz/  (met-  (met-  Length     Au
Hole ID   (feet) (feet)  (feet)  (ppb)   ton)   res)   res) (metres)  (gpt)
--------------------------------------------------------------------------
--------------------------------------------------------------------------
LC112        85    105      20    369  0.011   25.9   32.0      6.1   0.37
--------------------------------------------------------------------------
            320    340      20   1153  0.034   97.5  103.6      6.1   1.15
--------------------------------------------------------------------------
LC113       245    485     240   1684  0.049   74.7  147.8     73.2   1.68
--------------------------------------------------------------------------
including   310    320      10  13326  0.389   94.5   97.5      3.1  13.33
--------------------------------------------------------------------------
LC115       200    225      25    989  0.029   61.0   68.6      7.6   0.99
--------------------------------------------------------------------------
            230    280      50   2842  0.083   70.1   85.3     15.2   2.84
--------------------------------------------------------------------------
including   255    260       5   9390  0.274   77.7   79.2      1.5   9.39
--------------------------------------------------------------------------
Including   265    270       5   5910  0.173   80.8   82.3      1.5   5.91
--------------------------------------------------------------------------
            325    345      20    528  0.015   99.1  105.2      6.1   0.53
--------------------------------------------------------------------------
            355    370      15    638  0.019  108.2  112.8      4.6   0.64
--------------------------------------------------------------------------
LC116       320    345      25    919  0.027   97.5  105.2      7.6   0.92
--------------------------------------------------------------------------
LC118       285    315      30    550  0.016   86.9   96.0      9.1   0.55
--------------------------------------------------------------------------
            355    370      15    599  0.017  108.2  112.8      4.6    0.6
--------------------------------------------------------------------------
LC119        80     95      15   1810  0.053   24.4   29.0      4.6   1.81
--------------------------------------------------------------------------
            100    150      50   2917  0.085   30.5   45.7     15.2   2.92
--------------------------------------------------------------------------
LC120        70    100      30    796  0.023   21.3   30.5      9.1    0.8
--------------------------------------------------------------------------
            400    445      45   3422    0.1  121.9  135.6     13.7   3.42
--------------------------------------------------------------------------
including   420    435      15   7210  0.211  128.0  132.6      4.6   7.21
--------------------------------------------------------------------------
LC124       330    425      95   2341  0.068  100.6  129.5     29.0   2.34
--------------------------------------------------------------------------
            455    465      10    567  0.017  138.7  141.7      3.0   0.57
--------------------------------------------------------------------------
LC125       165    205      40   3678  0.107   50.3   62.5     12.2   3.68
--------------------------------------------------------------------------
including   175    185      10   8615  0.252   53.3   56.4      3.0   8.62
--------------------------------------------------------------------------
LC126        50    120      70   2046   0.06   15.2   36.6     21.4   2.05
--------------------------------------------------------------------------
LC129       305    415     110   2527  0.074   93.0  126.5     33.5   2.53
--------------------------------------------------------------------------
including   385    400      15  13176  0.385  117.3  121.9      4.6  13.18
--------------------------------------------------------------------------

Drill holes LC095C, LC097C, LC108, LC109, and LC110 had no reportable intercepts. An updated drill hole map and drill hole assay table are posted on the Company's website.

As reported to AuEx by Fronteer, all drill samples were collected following standard industry practice and were assayed by American Assay Laboratories, Inc. of Sparks, Nevada. Gold results were determined using standard fire assay techniques on a 30 gram sample with an atomic absorption finish. Samples exceeding 10 grams per tonne gold were re-assayed using a gravimetric finish and the values received were reported in the averages. QA/QC included the insertion of numerous standards and blanks into the sample stream. Check assays and preliminary cyanide amenability testing is underway. All intercepts are reported as drilled using a 0.30 gram/tonne cut-off. All data, as reported to the Company by Fronteer and disclosed in this press release including sampling, analytical and test data have been reviewed by the Company's qualified person Mr. Eric M. Struhsacker, M.Sc., and Certified Professional Geologist. Further details concerning the Long Canyon property are described in the Company's National Instrument 43-101 report filed on Sedar and are on the Company's website.

AuEx Ventures, Inc. is a TSX listed precious metals exploration company that has a current portfolio of nineteen exploration projects in Nevada, one project in Spain and five projects in Argentina. The Company controls over 80,000 acres of unpatented mining claims and fee land in Nevada. Nine of the projects are in joint venture or exploration earn-in agreements with five companies who provide exploration funding. The Company 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.

To view accompanying table and map, please click on the following link: http://media3.marketwire.com/docs/XAU_0929.pdf 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.

Contacts:
AuEx Ventures, Inc.
Ronald L. Parratt
(775) 337-1545
Email: rparratt@auex.com

SOURCE: AuEx Ventures, Inc.

mailto:rparratt@auex.com

Drill holes LC080c, LC101, LC102 and LC106 had no reportable intercepts. An updated drill hole map, drill hole assay database, road cut sampling data, road cut photo and mineralization model are posted on the Company's website. Drill hole ID numbers ending with a "c" indicate core holes with all others being reverse circulation.

These new drill holes extend and confirm the presence of gold mineralization in multiple, parallel northeast directed zones over a strike length of approximately 4,000 feet (1,200 meters). Including the less drilled southwestern extension of mineralization and the completely undrilled southwestern extension defined by the gold soil anomaly and gold outcrop sample data, the known extent of gold mineralization is now about 5,800 feet (1,800 meters). Drilled mineralization remains open on strike and at depth.

Recent continuous chip channel sampling of bedrock exposed by new road construction for drill site access has produced meaningful results including 389 feet (118.6 meters) averaging 0.122 opt gold (4.19 gpt), within which was a zone of 40 feet (12.2 meters) averaging 0.722 opt gold (24.74 gpt) and a second zone of 90 feet (27.4 meters) averaging 0.073 opt gold (2.50 gpt). These sample results were from along the strike of mineralization and therefore do not represent true thickness however they do demonstrate the continuity of near surface gold mineralization including the presence of high grade gold values.

Drilling by Fronteer is ongoing and work completed so far in 2008 has already matched the original amount of drill footage planned for the year. In addition to drilling, Fronteer continues to develop additional detailed geological mapping, soil geochemistry and geophysics as aids to understanding the distribution and controls of gold mineralization. A NI 43-101 resource estimate will be generated for Long Canyon at the conclusion of the 2008 exploration program.

Under the terms of the earn-in agreement with the Company, Fronteer may earn a 51% interest in the Long Canyon property by investing $5million over a five year period and may earn an additional 14% by advancing Long Canyon through feasibility. Fronteer is expected to meet it's initial earn-in obligation before the end of this year. A Plan of Operations has been submitted to the Elko District Office of the U.S. Bureau of Land Management by Fronteer to expand the drilling program on the Long Canyon project particularly to the southwest.

As reported to AuEx by Fronteer, all drill samples were collected following standard industry practice and were assayed by American Assay Laboratories, Inc. of Sparks, Nevada. Gold results were determined using standard fire assay techniques on a 30 gram sample with an atomic absorption finish. Samples exceeding 10 grams per tonne gold were re-assayed using a gravimetric finish and the values received were reported in the averages. QA/QC included the insertion of numerous standards and blanks into the sample stream. Check assays and preliminary cyanide amenability testing is underway. All intercepts are reported as drilled using a 0.30 gram/tonne cut-off; true widths have not been determined. All data, as reported to the Company by Fronteer and disclosed in this press release including sampling, analytical and test data have been reviewed by the Company's qualified person Mr. Eric M. Struhsacker, M.Sc., and Certified Professional Geologist. Further details concerning the Long Canyon property are described in the Company's National Instrument 43-101 report filed on Sedar and are on the Company's website.

AuEx Ventures, Inc. is a TSX listed precious metals exploration company that has a current portfolio of nineteen exploration projects in Nevada, one project in Spain and five projects in Argentina. The Company controls over 80,000 acres of unpatented mining claims and fee land in Nevada. Nine of the projects are in joint venture or exploration earn-in agreements with five companies who provide exploration funding. The Company 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.

Contacts:
AuEx Ventures, Inc.
Ronald L. Parratt
President and CEO
(775) 337-1545
Email: rparratt@auex.com

SOURCE: AuEx Ventures, Inc.

mailto:rparratt@auex.com

Gold mineralization is present at Long Canyon in a series of multiple, parallel northeast directed zones with a strike length of approximately 1.1.miles (1.7 kilometers) hosted within a sequence of Cambrian and Ordovician limestone and dolomite. Mineralization is oxidized, starts at the surface and is mostly, if not entirely, above the water table. The mineralization is still open to the northeast and 1,600 feet (480 meters) of surface anomaly on the southwest defined by gold soil chemistry and gold outcrop sample data is still undrilled. Access road and drill site construction is continuing in the southwest area however drilling is unlikely in 2008.

In addition to drilling, Fronteer continues to develop additional detailed geological mapping, soil geochemistry and geophysics as aids to understanding the distribution and controls of gold mineralization. This work is also developing new exploration targets on the large Long Canyon property. An NI 43-101 resource estimate will be generated for Long Canyon at the conclusion of the 2008 exploration program and is expected to be completed in late January or early February 2009.

As reported to AuEx by Fronteer, all drill samples were collected following standard industry practice and were assayed by American Assay Laboratories, Inc. of Sparks, Nevada. Gold results were determined using standard fire assay techniques on a 30 gram sample with an atomic absorption finish. Samples exceeding 10 grams per tonne gold were re-assayed using a gravimetric finish and the values received were reported in the averages. QA/QC included the insertion of numerous standards and blanks into the sample stream. Check assays and preliminary cyanide amenability testing is underway. All intercepts are reported as drilled using a 0.30 gram/tonne cut-off; true widths have not been determined. All data, as reported to the Company by Fronteer and disclosed in this press release including sampling, analytical and test data have been reviewed by the Company's qualified person, Mr. Eric M. Struhsacker, M.Sc., and Certified Professional Geologist. Further details concerning the Long Canyon property are described in the Company's National Instrument 43-101 report filed on Sedar and are on the Company's website.

AuEx Ventures, Inc. is a TSX listed precious metals exploration company that has a current portfolio of twenty exploration projects in Nevada, one project in Spain and five projects in Argentina. The Company controls about 80,000 acres of unpatented mining claims and fee land in Nevada. Eleven of the projects are in joint venture or exploration earn-in agreements with five companies. The Company 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.

Contacts:
AuEx Ventures, Inc.
Ronald L. Parratt
(775) 337-1545
Email: rparratt@auex.com

SOURCE: AuEx Ventures, Inc.

mailto:rparratt@auex.com