Mexus Gives An Update On New Heap Leach Pad At Its Santa Elena Mine

CABORCA, Mexico, November 16th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it has completed phase 1 of its new heap leach pad. The 250,000 ton pad, which is expandable to 1,000,000 tons, will have crushed mineralized material placed beginning 11/17. This material, averaging 2.7 Gpt Au, should begin leaching by 11/21. The company is looking for a return of .6 Gpt Au in solution. Start ...

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New heap leach pad at Mexus’ Santa Elena mine nearing completion

CABORCA, Mexico, November 9th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that the new leach pad at its Santa Elena mine in Caborca, MX is expected to be completed by November 15th. The company has stockpiled mineralized material with an average grade of 2.3 Gpt Au. This material will be crushed and placed as soon as the pad is completed. Mexus is using assay results to determine what material to ...

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Mexus Recovery Efforts At Santa Elena Mine Progressing; Build Out Of Heap Leach Pad On Track

CABORCA, Mexico, October 26th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) is excited to announce that phase 1 construction of its new heap leach pad is nearing completion. The new area will be ready for the liner by November 1st and have mineralized material placed by November 15th. Mexus expects the new leach pad to be producing gold by December 1st.
The company continues to separate the high grade chloride material from ...

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Mexus Heap Leach Pad Work Continues; Two Gold Recovery Systems To Be Operational By Year End

CABORCA, Mexico, October 19th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it has completed the removal of 2/3rd’s of the heap leach pad at its Santa Elena mine located in Caborca, MX. The removal was down to the bottom 1.5 meters. This remaining gold bearing chloride material is being run through the company’s ball mill gravity recovery system. In addition, Mexus is fast tracking the completion ...

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Mexus Announces a 1-for-20 Reverse Split; Sells First Gold From Silver Chloride Material

CABORCA, Mexico, October 9th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it has completed a 1 for 20 reverse split of its stock. The stock will began trading at its new price on the open of market today. The company believes that all involved with the company understand the necessity of this move given the volume of shares currently outstanding. Mexus also believes this move, along with the ...

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Mexus Ball Mill Operational; Heap Leach Findings Expected to Provide Substantial Gold Production

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CABORCA, Mexico, October 5th, 2020 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that its ball mill gravity gold recovery system is now operational. This system will allow the company to run high grade material from the Julio quartz vein at its Santa Elena mine located in Caborca, MX.
In addition, the company announced an important discovery concerning gold recovery from its heap leach pad at the mine site. Mexus has been ...

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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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