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Mexus Gold US (MXSG)

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Last Post: 9/30/2016 4:33:59 PM - Followers: 128 - Board type: Free - Posts Today: 0



MEXUS GOLD US is an American-based exploration company with holdings in Mexico and Nevada. Mexus’ fully owned Julio/Santa Elena property is located 54km north of Caborca, Mexico. This property sits in an area which is currently being mined by some of the largest mining companies in the world that profitably mine a small fraction of Mexus' discovered grades. Mexus has drill results which show a high grade, multi vein system throughout the property. The company looks to have this property in full production by the end of 2016 in JV manner similiar to the earlier deal with Argonaut.

Santa Elena/Julio Property
Mexus’ Julio/Santa Elena property is located 54 kilometers NW of Caborca, Sonora, Mexico just West of Mexico Highway 2.    This fully permitted project consists of several mining concessions totaling approximately 1340 hectacres.
The Santa Elena/Julio area is dominated by a series of fissure white quartz veins where 6 important systems have been recognized.  Three or four low angle shear zones are also present with important prospects in them and notable higher gold grades as bonanza pockets.  The fissure quartz veins have an average width of 2.1 meters.  The quartz is massive and mostly fractured, and often brecciated due to multiple pulses during deposition.
The Julio Vein extends more than 800 meters before it buries and is known for high bonanza grades which includes the underground mining site on the property and is estimated at 415,000 tons on the surface with a minimum of 5 grams per ton.   There are also four shear zones recognized in the area. Shear Zone 1 is coincident with the Julio Vein and had a sample graded at 11.5 grams. Shear Zone 2 is 400 meters to the south east and parallel to the vein system 1 through 5. Shear Zone 3 contains a bonanza pocket which had sample results as high as 19 grams was graded at an average of 5.5 grams from assayed sample results. Shear Zone 4 presently contains some pits, adits and shafts and graded 2 grams from eight samples. The 6 major vein structures identified in the area south of the Julio shaft account for nearly 4,000,000 tons of ore with an average gold grade of 2.5 grams with three times as much in Silver.


Mexus also owns the rights to the Ocho Hermanos property, which is located 80km NE of Hermosillo, Mexico. This property will be drilled to show a proven reserve once our flagship property is in full production. Preliminary drilling on this property has been extremely promising. 

Mexus’ primary goal is to bring its flagship mine, the Julio/Santa Elena property, to full production. Mexus believes that the property will prove to be a low cost, high producing mine for years to come.

Founded in 2009, MexusGold US is committed to protecting the environment, mine safety and employing members of the communities in which it operates.

Mexus now plans to proceed with the development of the Ocho Hermanos-Guadalupe De Ures concessions. This property lies 80km NE of Hermosillo, Sonora, Mexico and consists of approximately 3500 hectares. Within this property sits 9 mining concessions. The first target for exploration is the El Scorpio. The El Scorpio was initially studied by Elias Felix Badilla, a professor at the University of Sonora State, and his father. Elias Felix’s father was a prospector with a keen ability to find mine prospects. In his hunt for gold he found a remote small outcropping and ultimately spent several days digging it out and uncovering it. Samples were taken and assayed showing 1 to 2 ¼ grams gold per ton. At that time, he was looking for 1 ounce gold per ton. Ultimately, and most importantly, the outcropping was shown to contain high grade copper with 9.3% copper per ton in addition to containing 1.5 grams per ton gold and 41 grams per ton silver. Mexus, using a 330 CAT, uncovered this out cropping and discovered it was much larger than first thought. Mexus did a small amount of tri cone drilling to 60ft with similar assay results previously mentioned. Lying in a bowl shaped area and surrounded by mountains there are some that have called the El Scorpio a porphyry deposit. Adjacent to the North and South of the uncovered copper, Mexus has discovered old workings with gold, silver, and galena. The company has hired Geologist Cesar Lemas to begin a geology and mapping report that can be used to present this property to other mining companies. His results will be released as they become available.

Since 2000, average head grades for copper declined from 1.3% to 1.1% in 2012. Several of the world’s largest copper mines have been in production for decades and are now mining extremely low grade ore (less than or equal to 0.5% Cu).

Is Mexus likely to make a discovery?  Why should someone speculate on Mexus' high grade gold?

Some useful posts:
Mexus gold Speculative Theory (Pre AR JV)
A link to the Feburary 2015 report on the Julio:
High grade sheet:

Organizational Chart

YouTube videos

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Current Price
Bid Ask Day's Range
MXSG News: Amended Annual Report (10-k/a) 09/19/2016 06:02:23 AM
MXSG News: Statement of Changes in Beneficial Ownership (4) 08/30/2016 06:11:06 PM
MXSG News: Post-effective Amendment to an S-8 Filing (s-8 Pos) 08/16/2016 03:32:13 PM
MXSG News: Withdrawal of Registration Statement (ammendment) (aw) 08/16/2016 03:29:11 PM
MXSG News: Post-effective Amendment to Registration Statement (pos Am) 08/16/2016 06:02:58 AM
#10298  Sticky Note It should be noted that much of that TMLonggun 09/26/16 04:52:27 PM
#10291  Sticky Note Mexus adds new project "San Marco Mine" and Iceman 09/26/16 02:38:15 PM
#10338   fast and steady profit scan MXSG bullish 0.0747 stocktrademan 09/30/16 04:33:59 PM
#10337   Solid week for MXSG. Iceman 09/30/16 04:27:01 PM
#10336   I've had a bid in for the past Jason_Bourne 09/30/16 02:46:00 PM
#10335   It was too hard not to buy more wingman4 09/30/16 02:12:35 PM
#10334   It's Friday, which means next trading day is Jason_Bourne 09/30/16 12:04:41 PM
#10333   Say, can anyone in the know fill me Gene_Simmons 09/30/16 11:59:29 AM
#10332   Deutsche Rumblings Again..... learningthetruth 09/29/16 01:56:04 PM
#10331   I cut out MarMar's part :-) Now we Gene_Simmons 09/29/16 11:10:24 AM
#10330   We only get half that remember so more Aqua-FX 09/29/16 09:52:30 AM
#10329   I seem to recall another way to put Gene_Simmons 09/29/16 05:32:00 AM
#10327   Thanks, belgie, and I agree with what you're deadjim 09/28/16 07:14:54 PM
#10325   DJ, I like your analysis of the chart, Belgie24 09/27/16 06:35:42 PM
#10324   the stock is consolidating at its highs. not deadjim 09/27/16 06:16:47 PM
#10322   I disagree. If regularly watching the Level 2, rwalia99 09/27/16 02:04:56 PM
#10321   actually, the reason we're seeing mxsg "not respond" mahatmapaul 09/27/16 01:19:45 PM
#10320   Thanks! Good to know. Makes punching the calculator Gene_Simmons 09/27/16 01:17:10 PM
#10319   Generally mines do not pay taxes for the TMLonggun 09/27/16 01:07:34 PM
#10316   I think a lot of that has to rickybobby34 09/27/16 11:47:35 AM
#10315   Could you please write some new jokes! The badgerbob 09/27/16 11:46:02 AM
#10314   Hm, is TML using P/e before taxes? Shouldn't Gene_Simmons 09/27/16 11:35:46 AM
#10313   Nope production was reaffirmed for October which was Aqua-FX 09/27/16 11:35:10 AM
#10311   That will change very soon as FULL PRODUCTION learningthetruth 09/27/16 10:59:18 AM
#10310   Morning trading good for me, I picked up HamDxer 09/27/16 10:55:28 AM
#10309   It's difficult for me to understand Mexus trading. bearluver 09/27/16 10:47:11 AM
#10308   Many thanks for that updated post, TML. Much appreciated. Gene_Simmons 09/27/16 09:51:19 AM
#10307   Not talking facts here, nor would I (or wxdog 09/27/16 12:35:06 AM
#10306   TML thanks for the num crunching and perspectives. KansasCrude 09/26/16 11:33:57 PM
#10305   Excellent post. badgerbob 09/26/16 11:28:00 PM
#10304   I believe you are in the Ballpark TML. wxdog 09/26/16 10:19:59 PM
#10303   Great explain even though I still don't understand deltadude 09/26/16 08:23:16 PM
#10302   Deeply appreciated my friend. learningthetruth 09/26/16 07:04:03 PM
#10300   That was probably the most thought-out, well-written post rwalia99 09/26/16 05:40:57 PM
#10299   A great, detailed estimate of what Santa Elena Iceman 09/26/16 05:32:08 PM
#10298   It should be noted that much of that TMLonggun 09/26/16 04:52:27 PM
#10297   I suspect the next time on Korelin will Gene_Simmons 09/26/16 03:29:01 PM
#10296  Restored looks good, but bit of a chase there deadjim 09/26/16 03:26:16 PM
#10294   looking perfect from all angles. deadjim 09/26/16 03:08:13 PM
#10293   Nice Buy DJ! Iceman 09/26/16 03:07:28 PM
#10292   picked up some more MXSG right at the ask deadjim 09/26/16 02:50:18 PM
#10291   Mexus adds new project "San Marco Mine" and Iceman 09/26/16 02:38:15 PM
#10290   Really looking forward to the next few weeks....and OrangeShovel 09/26/16 12:25:21 PM
#10289   Awesome TOM611 09/26/16 12:20:54 PM
#10288   Incredible! realtorwsm 09/26/16 12:05:58 PM
#10287   Salivating! Gene_Simmons 09/26/16 11:48:36 AM
#10286   Well, CONSERVATIVELY SPEAKING..... learningthetruth 09/26/16 11:46:06 AM
#10285   Good goals to reach for Aqua-FX 09/26/16 10:55:04 AM
#10284   Morning LTT! Iceman 09/26/16 10:44:56 AM
#10283   Saweeeet! Great news! Did we even know about badgerbob 09/26/16 10:04:13 AM
#10282   That math looks a little fuzzy stockhabit 09/26/16 08:56:06 AM
#10281   Looks to be FAR ABOVE initial estimates....... learningthetruth 09/26/16 08:49:00 AM