CABORCA, SONORA STATE, MEXICO, October 30th, 2017 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) announced that it has completed the construction of an additional Merrill Crowe gold recovery plant at its shop in Walnut Grove, CA. This now makes two Merrill Crowe gold recovery plants to be in operation at the Santa Elena Mine. The equipment was built as recommended by gold recovery expert Robert Garcia of Auric Metallurgical Resources. Mr. Garcia used a similar system in Nevada with excellent results and anticipates the same for the Santa Elena Mine. This newly designed plant uses 4 automated D.E.filter units (diatomaceous earth) in place of the typical filter presses. The filters in these units take approximately 10 minutes to remove and clean leaving the other 3 filters to continue catching gold and silver. Mexus’ conservative estimate of 1 gram per ton gold should allow the company to produce 25 plus oz. AU per day. Mexus geologist, Cesar Lemas, states that recent assays show 2.9 grams per ton AU and 4 times that in silver. These figures would produce a much higher daily return for the company. The equipment is to be shipped to the Santa Elena Mine and be in production by the 2nd week of November.
Our JV Partner, MarMar Holdings, continues to work diligently to correct the current Merrill Crowe recovery plant at the Santa Elena mine. MarMar brought in experts to review the system and have made corrections. The activated carbon and electro winning recovery plants are showing improved results. In the end, Mexus will use all working recovery systems as we build the mine out.
Mexus CEO Paul Thompson added, “MarMar and Mexus continue to work as a team towards full production at the Santa Elena mine. Having multiple gold recovery systems will be a win for everyone as production increases to 10,000 tons a day and more.”
About Mexus Gold US
Mexus Gold US is an American based mining company with holdings in Mexico. Mexus recently joint ventured its flagship property with MarMar holdings of Mexico. The fully owned Santa Elena mine is located 54km NW of Caborca, Mexico. The mine is producing gold. The company is also a partner with MarMar holdings at the San Felix mine in Northern Mexico. This 26,000 + acre property is ready for production which is planned for 2018. 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.
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.
CONTACT: Inquiries – Paul Dent, 425-478-4908 email@example.com