AuEx Ventures Inc. Long Canyon NE high grade zone grows with 69.5 feet of 0.479 ounces per ton gold by 24hgold

Re: News Release - Wednesday, June 09, 2010
Title: Long Canyon NE high grade zone grows with 69.5 feet of 0.479 ounces per ton gold

AuEx Ventures, Inc. ("AuEx" or the "Company") is pleased to report the first drill results from the 2010 drill campaign for the Company's 49% owned Long Canyon gold deposit located within the Pequop Gold District in eastern Elko County, Nevada. Hole LC435C returned 69.5 feet of 0.479 ounces per ton ("opt") gold within the growing high-grade zone to the northeast of the current resource. Hole LC453C a further 328 feet to the northeast included 153 feet of 0.111 opt gold. Previous drilling included Hole LC411 with 160 feet of 0.124 opt gold (reported January 15, 2010) that lies between Hole LC435C and LC 453C which is beginning to define a very substantial zone which is open to the north east.

Other significant results reported in this release include:

- LC450C with 73 feet of 0.189 opt along strike to the SW

A newly discovered parallel zone includes:

LC451 with 155 feet of 0.187 opt, and
LC446 with 175 feet of 0.078 opt, including 30 feet of 0.173 opt.

There are now 3 core rigs and 2 reverse circulation rigs working on the Long Canyon project. In addition, a large diameter drill is currently on site for continued metallurgical testing. The US$19.8 million dollar budget will include over 45,000 meters of drilling and significant work to move the project into pre-feasibility including metallurgy, engineering, and environmental work. The cost of the work program is split 51/49 with majority owner and operator Fronteer Gold Inc.

Commenting on these results, Ronald L. Parratt, President & CEO of AuEx stated "this is a very strong start to the year's drill results. The NE corridor certainly is providing the best grade-thickness holes to date and is not shut off. Also the discovery of a new parallel zone attests to the potential growth of this deposit and the Pequop Gold District in general."

These holes are additive to the growing Pequop Gold District which now includes defined resources at the Company's 49% owned West Pequop and Long Canyon projects.

Hole ID	From	To	Intercept Length	Au	Au	From	To	Intercept Length	Au
	(feet)	(feet)	(feet)	ppb	oz/T	(metres)	(metres)	(metres)	(gpt)
LC418C	811	870.5	59.5	546	0.016	247.3	265.4	18.1	0.55
LC419C	648	666	18	7265	0.212	197.6	203	5.5	7.27
LC420	490	500	10	2350	0.069	149.4	152.4	3	2.35
LC422C	541	551	10	578	0.017	164.9	168.0	3.0	0.58
LC426	710	725	15	1073	0.031	216.5	221.0	4.6	1.07
LC427C	948.5	961	12.5	768	0.022	289.2	293.0	3.8	0.77
LC428C	617	632.5	15.5	416	0.012	188.1	192.8	4.7	0.42
LC429	330	345	15	442	0.013	100.6	105.2	4.6	0.44
	355	430	75	1607	0.047	108.2	131.1	22.9	1.61
LC432C	332	382	50	2296	0.067	101.2	116.5	15.2	2.30
including	354	367	13	5573	0.163	107.9	111.9	4.0	5.57
LC434	425	505	80	1836	0.054	129.6	154.0	24.4	1.84
LC435C	638	675	37	2199	0.064	194.5	205.8	11.3	2.20
	708	777.5	69.5	16397	0.479	215.9	237.0	21.2	16.40
including	748	767	19	39244	1.146	228.0	233.8	5.8	39.24
LC436	835	870	35	2089	0.061	254.6	265.2	10.7	2.09
LC438	460	470	10	679	0.020	140.2	143.3	3.0	0.68
LC440	815	850	35	4834	0.141	248.5	259.1	10.7	4.83
including	820	830	10	12800	0.374	250.0	253.0	3.0	12.80
LC443C	pending
LC444C	pending
LC445C	421	436	15	1273	0.037	128.4	132.9	4.6	1.27
	444	454.5	10.5	986	0.029	135.4	138.6	3.2	0.99
	463	531	68	4450	0.13	141.2	161.9	20.7	4.45
including	516	526	10	11900	0.347	157.3	160.4	3.0	11.90
	821	856	35	1255	0.037	250.3	261.0	10.7	1.25
LC446	395	570	175	2670	0.078	120.4	173.8	53.4	2.67
including	475	505	30	5913	0.173	144.8	154.0	9.1	5.91
LC450C	364	437	73	6474	0.189	111.0	133.2	22.3	6.47
including	366.5	382.5	16	15394	0.449	111.7	116.6	4.9	15.39

LC451	700	855	155	6391	0.187	213.4	260.7	47.3	6.39
including	725	755	30	7293	0.213	221.0	230.2	9.1	7.29
	800	825	25	24838	0.725	243.9	251.5	7.6	24.84
LC453C	708	861	153	3791	0.111	215.9	262.5	46.6	3.79

True widths of the mineralized intervals will be determined by geologic modeling. The intercept calculations use a cut-off grade of 0.30 g/t gold. Results less than 1 g/t are not reported in this press-release table. "C" indicates core holes.

Drill holes LC421, LC423C, LC424-LC425, LC430-LC431, LC433, LC437C, LC439, LC441-LC442, LC447-449, LC452C, LC454-LC458 and LC463 had no reportable intercepts. A drill hole location map is attached and posted on the Company's website.
Ronald L. Parratt, Certified Professional Geologist, is the Company's designated Qualified Person for this news release.

AuEx Ventures, Inc. is a precious metals exploration company that has a current portfolio of nineteen exploration projects in Nevada, one project in Utah, four projects in Argentina and one project in Spain. The Company controls about 167,000 acres of unpatented claims and fee land in prospective areas of Nevada. Fifteen of the projects are in exploration earn-in or formal joint venture agreements with eight 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 is listed on the Toronto Stock Exchange under the symbol XAU.

AuEx Ventures, Inc.

By: Ronald L. Parratt, President & CEO

Contact: Ronald L. Parratt 775-337-1545 or rparratt@auex.com

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.

This press release uses the terms "indicated resources" and "inferred resources", which are calculated in accordance with the Canadian National Instrument 43-101 and the Canadian Institute of Mining and Metallurgy Classification system. We advise investors that while those terms are recognized and required by Canadian regulations, the U.S. Securities and Exchange Commission does not recognize them. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. In addition, "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or
any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. U.S. investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally minable.

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