CABORCA, Mexico, February 4th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that gold production at its Santa Elena mine continues with excellent results. The heap leach pad continues to return gold to the pregnant pond at an average grade of .33gpt in solution. The company is seeing normal fluctuations in the tail readings but are optimistic and excited as these readings aren’t dipping as much as expected. Cesar Lemas, Mexus geologist, and his crew are reporting seeing visible gold in certain material being placed on the heap leach pad. It is the company’s belief that this high-grade material is taking longer to leach but leading to a consistent higher average return to the pond. Leach pad flow and recovery flows have now balanced to allow Mexus to process continuously 7 days a week.
About Mexus Gold US
Mexus Gold US is an American based mining company with holdings in Mexico. The fully owned Santa Elena mine is located 54km NW of Caborca, Mexico. Mexus also owns rights to the Ures property located 80km N of Hermosillo, Mexico. This property contains 6900 acres and has both gold and copper on the property. Founded in 2009, Mexus Gold US is committed to protecting the environment, mine safety and employing members of the communities in which it operates.
For more information on Mexus Gold US, visit www.mexusgoldus.com.
Mexus Gold US (775) 721-9960
Cautionary Statement
Forward looking Statement: Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company’s future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company’s partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.
FEB
2020