Mexus’ newly acquired San Felix Project is located in the NW portion of the Sonoran state and is part of the Desert Gold Province. The mine consists of 7 concessions totaling approximately 26,689 acres. The concessions are as follows:
- San Carlos
- Phoenix 3
- Marco 1
- Marco 2
- Phoenix 4
- San Felix
The local geology consists of Andesite, Granite and Polimictic Conglomerate.
Andesite. The main outcrops of rocks are represented by a volcano sedimentary sequence of Cretacic age, andesites with interbedding of sandstone, minor siltstone and siliceous sediments. Andesite presents several textural variations from aphanitic to porphyritic and a regional low grade metamorphism (silicification, chloritization and minor and local epidotization), in general color is dark green. The sequence is tilted approx. 40 degrees toward west.
Granite. From the SE corner of San Félix Claim, toward SE an 1 km the granitic outcrops start, representing the transition between the moderate level topography and low level terrane. The rock is a clear biotite granite with variations to granodiorite, in exposed cuts along the wash, some low angle structures with possible mineralization (they are in Mexichem ground) are altering this intrusive, a Laramidic age (Cretacic – Tertiary) is suggested.
Polimictic Conglomerate. An N20E oriented graben has been filled with gravel of different composition and poorly cemented with sand and clays, is important to consider that Las Palomas is a Placer Gold deposit and this type of conglomerates can contain more extended free gold eroded from upper levels of mineral deposits of this area.
Situated on the property is an approximate 3 million ton leach pad in place and a 1600 GPM Merrill Crow gold recovery system. Having the leach pad and recovery system in place will greatly reduce the time and cost to bring this mine into production.