Mexus terminates JV agreement with MarMar Holdings; Update on 8 Brothers project

 

CABORCA, SONORA STATE, MEXICO, April 16th, 2018(GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) announced today that MexusGold Mining SA De CVA, a subsidiary of MexusGold US, is terminating its joint venture agreement with MarMar Holdings.   The agreement outlined the contractual obligations at the Santa Elena project in Caborca, Sonora State, Mexico.  The decision to terminate the agreement was made due to MarMar’s lack of funding for the project, non-compliance with various aspects of the agreement, and ...

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Additional gold sales reported from Santa Elena project

CABORCA, SONORA STATE, MEXICO, March 19th, 2018 (GLOBENEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) announced that its partner at the Santa Elena project has reported the sale of gold bearing activated carbon as a result of ongoing operations.   Mexus’ JV partner, MarMar Holdings, netted $26,841 from the sale of this material to a local broker.

CEO Paul Thompson added, “It is great to see MarMar increasing the amount of gold being produced.    Our shareholders should keep in mind ...

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Mexus releases report on Ures property showing high grade gold; Santa Elena update

CABORCA, SONORA STATE, MEXICO, March 5th, 2018 (GLOBENEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) released a report written by geologist Cesar Lemas on its Ures property located near Hermosillo, Mexico.  The preliminary geological report details initial sampling done on the properties 3 concessions-  370, 8 Brothers, and Scorpio.

Assaying done at the 370 concession, which Mexus will initially mine, showed promising results.  The tests were highlighted by 3 samples showing 9, 47, and 10 grams of Au each ...

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Ures and Santa Elena projects moving forward

CABORCA, SONORA STATE, MEXICO, February 26th, 2018 (GLOBENEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) announced that progress at the Ures project continues and is on pace.   Cesar Lemas, project manager for the Ures project, recently completed the construction of access roads on the Ures, El Scropio, and 370 concessions.   In addition, he continues to take samples from the area to be initially mined and is extremely happy with the assay results.  Mr. Lemas added, “Based on my ...

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Sale of gold confirmed from test run at Santa Elena mine; Ures property nears production

 

CABORCA, SONORA STATE, MEXICO, February 16th, 2018 (GLOBENEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) announced today that a small amount of gold has been sold as a result of its joint venture operation at the Santa Elena mine.  MexusGold S.A. de C.V.’s operating partner, MarMar Holdings, has informed Mexus that 8.2 oz of gold was produced in a test run and subsequently sold.  Mexus was hoping for more production having tests from the heap leach pad showing ...

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Mexus adds additional property to its portfolio; Updates shareholders on Ures and Santa Elena projects

CABORCA, SONORA STATE, MEXICO, January 29th, 2018 (GLOBENEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) announced today that it has added a new corporation under its umbrella.   Mexus Gold MX (Mexus Gold Mexico) is solely owned by Mexus Gold US and will encompass Mexus’ 100% controlled properties.

Mexus Gold US is also excited to announce that geologist and long-time Mexus advocate, Cesar Lemas, will be the President of Mexus Gold MX and oversee operations in Mexico.  Credentialed with a ...

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Mexus announces plans for El Scorpio Copper Project; Update on Santa Elena Mine

CABORCA, SONORA STATE, MEXICO, January 8th, 2018 (GLOBENEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) announced today that progress at the Santa Elena mine is moving steadily ahead.   The mine staff is returning after the long Mexican holiday and is preparing for the company’s first pour.  The grades returning to the gold recovery pond continue to increase and, when proper returns are met, will lead to production.   Mexus JV partner, MarMar Holdings, is in full control of operations. ...

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Gold recovery equipment successfully tested at Santa Elena mine

 

CABORCA, SONORA STATE, MEXICO, December 18th, 2017 (GLOBENEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) announced that staff at the Santa Elena mine have successfully smelted and produced gold from the newly installed Merrill Crowe system.  These results confirm that the system will work in capturing gold and silver from the pregnant solution and will enable the mine engineers to begin the ramp up of the system to a 24 hour a day operation.  This milestone was the ...

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Mexus mentioned among large miners as up and coming miner in Sonora State, Mexico

CABORCA, SONORA STATE, MEXICO, December 14th, 2017 (GLOBENEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) released an article from El Financiero where the company was mentioned among large miners in Sonora State, Mexico.

El Financiero article

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 ...

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Gold recovery Merrill Crowe system now operational at the Santa Elena mine

CABORCA, SONORA STATE, MEXICO, December 4th, 2017 (PR NEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”)  announced that the new Merrill Crowe gold recovery system has been installed and is fully operational at the Santa Elena mine.  Mexus and its JV partner, MarMar Holdings, successfully tested the system December 3rd.  The crew at the mine site has been adding new material to the heap leach pad that was assayed at 12 to 14 grams per ton Au.  MarMar Holdings ...

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