Mexus provides Update to Shareholders for its Santa Elena gold project
Mexus Gold US
by admin
2y ago
CABORCA, Mexico, May 16th, 2022 – Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) updated its shareholders on the ongoing negotiations at its Santa Elena gold project. The company continues to negotiate for a favorable deal with multiple companies vying for the right to team with Mexus. There are currently two companies doing due diligence on 2 of the 3 properties Mexus has rights to in Sonora State, Mexico. The Santa Elena property is a high grade gold project showing excellent values in both the vein structures and shear zones. Mexus is looking forward to finalizing an equitable deal f ..read more
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Mexus’ Partner Provides An Update For Its Mabel Project
Mexus Gold US
by admin
2y ago
CABORCA, Mexico, April 4th, 2022 – Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it is aggressively pursuing a qualified mining company to joint venture with at its Santa Elena mine in Caborca, MX. To assist with this endeavor Mexus is seeking a CEO with the right experience to help manage and bring Mexus’ three properties into production. In addition, Mexus will look to bring on a 5 person Board of Directors to assist with this process and general decision making going forward. Over the last 6 months Mexus completed an open pit test heap leach gold recovery process that ..read more
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Mexus’s Partner Provides An Update On The Mabel Project
Mexus Gold US
by admin
2y ago
Mon, March 28, 2022 CABORCA, MEXICO / March 28, 2022 / Mexus Gold US (OTCQB:MXSG) (“Mexus” or the “Company) partner, Irmex, gave an update on progress at the Mabel project located in Northern Mexico. Since signing of the LOI back in December 2021, Irmex’ team has been working on modelizing the Mexus data including the 611 core and RC holes previously carried out by Pacific Comox before acquistion by Mexus Gold. As seen in the field, the drill holes align accurately with what is identified as the low angle mineralized quartz vein. The best result out of Pacific Comox’ program is highlighted bel ..read more
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Mexus Announces Revenue for October; Revenues From Gold Sales Expected To Increase
Mexus Gold US
by admin
2y ago
CABORCA, Mexico, November 1st, 2021 – Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that revenue for the month of October totaled $128,000. With the ongoing improvements to the heap leach pad and the addition of more activated carbon cells to collect value the company expects November revenues to exceed $150,000. “We continue to make great strides at our Santa Elena property. Revenues from production should continue to increase and we expect $200,000 a month by January 2022 affording the company the ability to begin reducing and eliminating our outstanding debt.” added Mexus ..read more
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Mexus Revenues Increase At Its Santa Elena Mine; Seeks Exploration Partner
Mexus Gold US
by admin
2y ago
CABORCA, Mexico, October 18th, 2021 – Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that funds from its recent batch of activated carbon is expected to be received by October 28th. The next shipment of activated carbon is being readied and should ship for processing by November 1st. “The company is seeking to speed up the activated carbon cycle from mine site to refinement over the coming months. Our end goal would be to have a 3 week recurring cycle of revenue from this process.” added Mexus CEO, Paul Thompson Sr. Mineralized material run through the crushing circuit and pla ..read more
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Mexus Sells Gold From Production At Its Santa Elena Mine
Mexus Gold US
by admin
2y ago
CABORCA, Mexico, September 13th, 2021 – Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it has completed the first sale of substantial gold from production at its Santa Elena mine located in Caborca, MX. A 76.5 troy oz gold bar was shipped to a buyer on September 10th. An additional 1.5 tons of activated carbon will be shipped to the company’s processor by September 24th. This shipment is .5 ton larger than the initial shipment which produced the 76.5 oz. of gold. Mexus continues to stay focused on completing an exploration agreement at the Santa Elena mine. Photo of 76.5 ..read more
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Continued Positive Developments at Mexus’ Santa Elena Mine
Mexus Gold US
by admin
2y ago
CABORCA, Mexico, August 22nd, 2021 – Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) confirmed that the activated carbon system at its Santa Elena mine located in Caborca, MX is working as planned and is currently producing gold. Mexus is enlarging the heap leach pad and has purchased the liner and seaming equipment to complete the job. Increasing the pad will allow Mexus to run 24 hours a day 7 days a week at 12 liters per second representing a 110% increase over current flows. For the last few months Mexus has had ongoing discussions with multiple mining companies interested in develop ..read more
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Gold Production Continues at Mexus’ Santa Elena Mine
Mexus Gold US
by admin
2y ago
CABORCA, Mexico, August 15th, 2021 – Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) confirmed that the first shipment of activated carbon from its Santa Elena mining operation has been shipped to Sipi Metals Corp. The contract calls for Sipi to process and sell gold and silver at 97% spot price within 45 days. The second shipment of activated carbon is expected to ship 8/18/21. Mexus President, Paul Thompson, confirmed that the activated carbon recovery system now in place is working as planned and should provide a steady flow of income for the company. Assays Of Shipped Material About ..read more
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Update At Mexus’ Santa Elena Mine
Mexus Gold US
by admin
2y ago
CABORCA, Mexico, July 25th, 2021 – Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that mining continues of the Vein 2 area at its mine located in Caborca, MX with impressing geologic findings including increasing metallic content at only 10 meters of depth. Surface values are from 0.3 g/ t gold and new values ranging from 4 to 12 g/t gold and increased silver from 3 g/t to 100 g/t silver. The quartz vein material is crackled partly from blasting but more than 75% due to a coincident and very potent low angle thrust fault which also contains values with 1.4 g/t gold and 5 g/t s ..read more
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Mexus To Perform Initial Shipment Of Activated Carbon
Mexus Gold US
by admin
3y ago
CABORCA, Mexico, July 11th, 2021 – Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that the company will be shipping approximately one ton of activated carbon to the U.S. for processing this week. It is believed that this material contains up to 4000 grams Au equivalent. “The first shipment of carbon for processing is a huge milestone for Mexus with the resulting cash flow allowing us to step up production. The heap leach pad returns continue to be excellent and volume should improve as we expand the pad footprint.” added Mexus CEO Paul Thompson. About Mexus Gold US Mexus Gold ..read more
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