News and Press Releases

Mexus Operations Update

Ocho Hermanos (8 Bros)

October 4, 2011
Mexus has applied for a permit to facilitate the excavation for the ore material. Meanwhile, the modification of the drilling and processing equipment is nearly completed. The rich Sulfite silver ore is causing more of a problem than first thought. Mexus now believes we have an economical way to extract the silver and gold from the sulfite without danger to the environment. This is Mexus first concern and we expect this issue to be resolved in the near future.

Caborca Mine

October 4, 2011
Mexus is producing gold on a daily basis at its Caborca placer mine site. President Paul Thompson states now that the placer mining operation is running as planned; Mexus will concentrate on its drilling program headed by Geologist Paul Pelke of Reno, NV. Our first target is the Julio quartz vain which is approximately 3km in length and from 1 to 30 feet wide. Multiple samples taken from the 100 foot level of the Julio vain have produced assays as high as 5.5 ounces of gold per ton. Mexus has diamond core drilling equipment stationed at the Nogales, AZ border waiting to be imported into Mexico. Initially, Mexus intends to drill core holes on 100 foot centers to a depth of 600 feet.

Submarine Cable Update

October 4, 2011
Mexus cable pulling equipment has proven to work well. What is not well is the Alaska weather! Prior attempts to pull submarine cable in open waters have been hampered by the frequent storms which are common for this time of year. Mexus hopes that it will get the break in the weather needed to pull the newly found cable. This cable lies in 150 fathoms of water and contains more copper along with lead making it an attractive target.