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Mexus Gold US (MXSG)

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Last Post: 7/22/2017 9:12:38 PM - Followers: 166 - Board type: Free - Posts Today: 2

Website: http://www.mexusgoldus.com/

Mexico Properties:

Santa Elena Mine
 
 

PRESS RELEASE:

"Leaching and recovery operation tests complete at the Santa Elena mine"

 

 

Mexus’ Santa Elena Mine 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 7300 acres.

        The Santa Elena Mine 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 and 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.


SAN FELIX

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, Phoenix 3, Marco 1, Marco 2, Phoenix 4, and San Felix

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. 

Mexus has joint ventured 50/50 with MarMar Holdings Inc. 
MarMar Holdings Inc. has a goal to initially produce 10,000 tons a day with output increasing over time. 

San Felix Geology Report can be found here:

http://www.mexusgoldus.com/admin/db_files/San%20Felix%20Project.pdf

Phoenix Concession Report can be found here:
http://www.mexusgoldus.com/admin/db_files/Phoenix%20Concession.pdf

 

Ures Property
The Ures property lies approximately 80 Kilometers northeast of Hermosillo, Sonora, Mexico and consists of approximately 10,000 acres.

The El Scorpio concession has abundant copper and gold mineralization and has the potential of developing a copper porphyry deposit. The El Scorpio Prospects are variously underlain by a sedimentary sequence (limestone, quartzite and shale) intruded by dacite and diorite to granodiorite as well as some rhyolite. Alteration is extensive and consists of propylitic alteration mainly in the Scorpion area, along with various veins consisting of silicification with Au and Cu and galena bearing quartz veins. 
The copper grades are as high as 9% with an average of 1%.

The Ocho Hermano concession had test runs on three kilos of sulfite ores showing 27 kilos of silver per ton. 
The company is looking for an economical way to extract the silver.
The remaining concessions hold gold and will be drilled and/or sampled in the future.  
The company is looking to joint venture this property in a manner similar to the Santa Elena

 

San Marco Property
The San Marco property sits in the municipality of Pitiquito, 200 Km S of Puerto Penasco and 250 Km NW of Hermosillo, Sonora in the community of Puerto Libertad.
The mine encompasses a total of 970 acres.  The previous owners reported 110,000 oz of gold which was identified through prior geological evaluations
 

Progress Pictures for all properties can be found at the link below:
http://www.mexusgoldus.com/photos.php

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






Some useful posts:
Tyler Martin Interview: http://vocaroo.com/i/s0hWFrAJQKmT
A link to the Feburary 2015 report on the Julio: https://www.dropbox.com/s/bbriq1pwkphf23x/JULIOREPORT.pdf?dl=0

 

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MXSG News: Annual Report (10-k) 07/14/2017 05:18:13 PM
MXSG News: Notification That Annual Report Will Be Submitted Late (nt 10-k) 06/29/2017 03:49:10 PM
MXSG News: Statement of Changes in Beneficial Ownership (4) 05/26/2017 05:24:16 PM
MXSG News: Statement of Changes in Beneficial Ownership (4) 05/05/2017 04:02:55 PM
MXSG News: Statement of Changes in Beneficial Ownership (4) 04/07/2017 03:17:56 PM
PostSubject
#17623  Sticky Note We have no idea of anyone else's 8thaero 07/21/17 12:13:56 AM
#16883  Sticky Note Secondary cone crusher, additional assays, and AA machine learningthetruth 06/12/17 09:39:15 AM
#16224  Sticky Note CABORCA SONORA STATE, Mexico, May 15, 2017 (GLOBE badgerbob 05/15/17 05:45:49 AM
#12828  Sticky Note $MXSG chart deadjim 01/14/17 05:06:01 PM
#11948  Sticky Note There is a continuous spectrum of scams....ranging from gitreal 12/22/16 05:54:22 PM
#17633   What a time for gold to be on rich2 07/22/17 09:12:38 PM
#17628   Gold continues to recover. Time to pour some Mexus!! crazybadger 07/21/17 11:06:09 AM
#17627   Yup, 5 cent to a buck then $10! Gitreal! goldbuggy 07/21/17 07:13:43 AM
#17625   A measly $15,000,000 will more than set me wxdog 07/21/17 01:57:22 AM
#17624   finally retire 4th time around with some $100,000,000 gitreal 07/21/17 12:43:42 AM
#17623   We have no idea of anyone else's 8thaero 07/21/17 12:13:56 AM
#17621   When the dust settles I am willing to Moneydontbuylove 07/20/17 04:48:29 PM
#17619   Thanks for sharing. I feel the same way rwalia99 07/20/17 02:38:37 PM
#17618   4 town in sight..this stock does nothing but shotgun 07/20/17 02:29:38 PM
#17617   Absolutely...... learningthetruth 07/20/17 01:22:56 PM
#17615   Thank yu... goldbuggy 07/20/17 01:13:19 PM
#17614   Thank you, citoyen. Much appreciated. Gene_Simmons 07/20/17 12:59:44 PM
#17613   July 20 mini update citoyen 07/20/17 12:46:00 PM
#17612   Light volume, looks like everyone is content to goldbuggy 07/20/17 12:32:04 PM
#17610   Fundamentals typically involve making money. Because of the rwalia99 07/20/17 01:57:44 AM
#17609   "Sticking with the story that all 16 Argo 8thaero 07/20/17 01:31:45 AM
#17608   It was a legit question.. how many winners deadjim 07/20/17 01:07:38 AM
#17607   Except this company has very weak fundamentals. rbtree 07/20/17 12:29:01 AM
#17603   Had a few, but that has nothing at Belgie24 07/19/17 09:54:09 PM
#17602   BANK on it! Iceman 07/19/17 09:14:56 PM
#17601   Would be nice. Its so set up to deadjim 07/19/17 09:13:02 PM
#17600   It WILL rally outta here in the days/weeks Iceman 07/19/17 09:11:42 PM
#17599   How many winners have you had? deadjim 07/19/17 08:58:06 PM
#17598   I beg to differ, you are great at Belgie24 07/19/17 08:57:19 PM
#17597   You can talk to me about mining all deadjim 07/19/17 08:08:10 PM
#17596   If MXSG is going higher it better do deadjim 07/19/17 08:06:27 PM
#17595   Agreed lol Malengold 07/19/17 07:52:34 PM
#17594   Form T's starting up again? gitreal 07/19/17 04:38:36 PM
#17593   # 12 was 107 M with 1.5 M gitreal 07/19/17 04:30:16 PM
#17592   A couple of MXSG "traders" apparently just fell rwalia99 07/19/17 03:33:51 PM
#17591   So, without access to the decoder ring, it gitreal 07/19/17 03:22:55 PM
#17590   Someone say how's a long 6 weeks? Is 8thaero 07/19/17 02:03:45 PM
#17589   Agree...so what's to discuss? goldbuggy 07/19/17 09:34:03 AM
#17588   where like minded individuals could discuss a company gitreal 07/19/17 12:14:19 AM
#17587   I have mixed feelings about that last point. rwalia99 07/19/17 12:08:53 AM
#17585   Ohh I have. At this point its Jason_Bourne 07/19/17 12:06:11 AM
#17579   Taking too long.... goldbuggy 07/18/17 11:18:24 PM
#17578   Who says they're ordering cyanide? And isn't gitreal 07/18/17 10:28:01 PM
#17576   We love Mexus! AuAg 07/18/17 10:11:18 PM
#17570   I'm very happy with Mexus moving into production. garlickedskicuts 07/18/17 08:39:52 PM
#17569   I told you these guys did not know shotgun 07/18/17 08:20:18 PM
#17568   yes there have been delays. Not sure how garlickedskicuts 07/18/17 08:05:28 PM
#17567   LOL....plenty have, but more than plenty haven't. gitreal 07/18/17 07:47:20 PM
#17566   Right on - PR on the 26th showed garlickedskicuts 07/18/17 07:22:36 PM
#17565   Plenty of miners have been heap leaching with garlickedskicuts 07/18/17 07:16:31 PM
#17563   One is free to suspect whatever they want. gitreal 07/18/17 06:56:50 PM
#17562   I suspect we will be heap leaching for garlickedskicuts 07/18/17 06:53:23 PM
#17561   Who says 20+ years? Besides chatboard experts, gitreal 07/18/17 06:33:50 PM
#17559   Leaching and operation tests were completed June 26th. garlickedskicuts 07/18/17 05:52:34 PM
#17558   Time flies.......doesn't it?! Yup, leaching since gitreal 07/18/17 05:47:34 PM
PostSubject