CABORCA, Mexico, June 15th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it has satisfied an outstanding debt obligation. The $178,855.49 loan, which was due June 16th, was paid off on June 13th. The company was able to satisfy this loan using a new debt obligation. Mexus plans to use revenues from operations to pay the new loan within 6 months. “The ability to basically extend our ...
Continue Reading →Mexus continues ramp up of production with blasting at its Santa Elena mine
CABORCA, Mexico, June 8th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that a second round of blasting has occurred on the Julio shear zone located at its Santa Elena mine in Caborca, Mexico. Sampling of this shear zone has shown 1.5 to 11.9 g/t Au with some visible gold. 1800 tons of this material is being processed and is expected to be placed on the heap leach pad by June 12th. ...
Continue Reading →Mexus announces May results and gives guidance for June
CABORCA, Mexico, June 1, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that for the month of May, 2020 the company produced 102 ounces of gold. This production was accomplished during the COVID 19 slowdown all the while keeping staff safe yet productive. Mexus is looking to produce 150 ounces of gold in the month of June, 2020.
The company is currently working the Julio vein shear zone pit #2. ...