Mexus Readies Ball Mill to Recover High Grade Gold; clarifies 10 Gpt Au cutoff

CABORCA, Mexico, September 14th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it is nearing the completion and test running of its high grade ball mill gravity gold recovery system. As stated previously, this coincides with the development of the quartz vein systems at the Santa Elena mine in Caborca, MX. Mexus has developed a plan targeting the high-grade quartz vein as part of the Julio system. An ...

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Update on progress at Santa Elena mine

CABORCA, Mexico, August 24th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced an update on its 1st quarter results which ran April to June, 2020. During this period the company established mining operations at its Santa Elena mine. The company faced challenges during this period due to COViD19 which included periods of shut down due to labor laws in Mexico. Mexus was still able to produce gold and used the ...

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Update on mining operations at Santa Elena mine

CABORCA, Mexico, August 18th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it has a acquired a 330 excavator for its Santa Elena mine in Caborca, Mexico. The excavator is being shipped to the mine and will allow the company to increase its daily production with the short-term goal of reaching 500 tons a day. Mexus continues to place new material on the heap leach pad weekly which is allowing ...

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Mexus pays off outstanding debt obligation

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 ...

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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. ...

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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. ...

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Mexus resumes full operations

CABORCA, Mexico, May 26th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that the company resumed full operational production after a slow down due to COVID 19. On May 23rd the company resumed crushing and placement of mineralized material on the heap leach pad. Leaching has been continuously flowing at .019 GPT to .048 GPT from 3/1/2020 to now. The company expects grades to go back up to .05 GPT given ...

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Mexus reports additional gold sales from production at its Santa Elena mine

CABORCA, Mexico, May 18th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that the company sold 47.5 ounces of gold May 7th and is processing an additional 45 ounces the week of May 18th. The sale and production of gold is an excellent start for the company and meets the company’s previously stated goals for the month. Mexus’ goal of keeping production costs down while steadily increasing production continues as sales ...

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MEXUS GOLD PROVIDES UPDATE; RELEASES RECENT ASSAY REPORT

CABORCA, Mexico, April 27th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that $242,500 of debt incurred by the company has been eliminated by conversion of shares already held in reserve.
Mexus received assays for mineralized material recently placed on the heap leach pad. Mexus CEO, Paul Thompson, Sr. added “These assays confirm what the company has been communicating concerning the excellent grades being mined. This grade of material is allowing ...

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Mexus expects April gold sales to increase by 20% over prior month

CABORCA, Mexico, April 20th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that sales of gold in April are expected to increase by 20% over the prior month. The increase in sales is a result of the company’s efforts to mine a higher grade of ore in March and early April. In addition, material placed on the heap leach pad is being crushed to 1/2 inch minus versus 3/4 inch ...

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