Mexus confirms drilling program at Santa Elena mine

CABORCA, SONORA STATE, MEXICO, October 8th, 2018(GLOBE NEWSWIRE) ‐‐ Mexus Gold US (OTCQB:
MXSG)(“Mexus” or the “Company”) is pleased to announce that it has signed a contract with Major Drilling Co. of Hermosillo, Mexico for the initial drill program at its Santa Elena mine. The drilling program will begin by November 1, 2018. All samples will be sent to ALS-Chemex preparation facilities in Hermosillo for further assays. To properly consolidate the information obtained, Mexus has approached Minetech International ...

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Legal report released by Mexus attorney

LEGAL REPORT

Hermosillo, Sonora, September 11th, 2018

The Mining Project “Santa Elena” located in Caborca, Mexico is a priority to Mexus Gold Mining SA de CV and as reactivation of operations moves forward it is important to relay the following information.
Acting as counsel for Mexus, I have placed several legal actions against Marmar Holdings SA de CV in federal court. In addition, it should be made clear that the ownership of the mining concessions at the project have always ...

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Mexus provides plan for Santa Elena mine

CABORCA, SONORA STATE, MEXICO, August 6th, 2018(GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) released a report from staff geologist, Cesar Lemas, outlining the plan for the Santa Elena mine.
“The report written by Cesar gives a clear outline as to our plans for this property. A 43-101 report with a proven resource will give us a bankable reserve moving forward. We are speaking to multiple parties who have shown interest in helping with ...

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Mexus agreement with MarMar Holdings officially terminated

 

CABORCA, SONORA STATE, MEXICO, July 2nd, 2018(GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) announced that the joint venture with MarMar Holdings has been officially terminated.  Mexus attorney, David Armendariz, states that the contract signed in June, 2016 was voided due to Marmar Holding SA de CV’s lack of compliance with certain clauses in the agreement.  Mexus Gold Mining SA de CV complied with all requirements established in the joint venture agreement which furthered the basis for ...

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Mexus gives an update on progress at the 8 Brothers/370 gold project

CABORCA, SONORA STATE, MEXICO, June 18th, 2018(GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) gave an update on progress at its 8 Brothers/370 gold project.   The company has completed the crushing and loading of ore into the VAT leaching tank.  Mexus is currently running tests on the crushed ore to assure the proper leaching solution is used.  It is expected that this work will be done in the next few days with leaching commencing upon completion of ...

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Mexus begins mining at the 8 Brothers/370 gold project

CABORCA, SONORA STATE, MEXICO, June 11th, 2018(GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) announced today that it has begun mining at the 8 Brothers/370 mining project.  The company has mined 1000 tons of material containing an average of 9 grams Au and 50 grams Ag per ton.  This material is currently being run through a crushing system and placed into an aerated VAT holding tank.   The loading of the VAT, which has a 100 ton capacity, ...

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Mexus pays off loan

CABORCA, SONORA STATE, MEXICO, May 17th, 2018(GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG)(“Mexus” or the “Company”) announced today that it has wired $183,333 due JMJ Financial closing the current outstanding debt agreement prior to the expiration date.

 

About Mexus Gold US

Mexus Gold US is an American based mining company with holdings in Mexico.  The fully owned Santa Elena mine is located 54km NW of Caborca, Mexico.  Mexus also owns rights to the Ures property located 80km N of Hermosillo, Mexico. ...

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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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