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Mexus Gold US (MXSG)

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Last Post: 11/22/2017 5:18:34 PM - Followers: 170 - Board type: Free - Posts Today: 24

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

Mexico Properties:

Santa Elena Mine
 
 

PRESS RELEASE:

"Mexus releases information on current gold produced and the purchase of water rights"

 

 

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: Quarterly Report (10-q) 11/14/2017 01:52:30 PM
MXSG News: Statement of Changes in Beneficial Ownership (4) 09/21/2017 03:30:38 PM
MXSG News: Statement of Changes in Beneficial Ownership (4) 09/12/2017 05:00:21 PM
MXSG News: Amended Statement of Changes in Beneficial Ownership (4/a) 09/01/2017 05:40:38 PM
MXSG News: Statement of Changes in Beneficial Ownership (4) 09/01/2017 05:31:21 PM
PostSubject
#20301  Sticky Note HUGE NEWS OUT...GOLD, GOLD, GOLD learningthetruth 11/19/17 08:59:02 PM
#20204  Sticky Note Hello, [Removed potentially offensive text, all names, some educational TMLonggun 11/14/17 09:45:28 AM
#19475  Sticky Note Gold recovery expert Robert Garcia joins Mexus JTrox 10/16/17 09:39:49 AM
#12828  Sticky Note $MXSG chart deadjim 01/14/17 05:06:01 PM
#20427   Clearing her throat for turkey and her special Tweetybird 11/22/17 05:18:34 PM
#20426   Happy Thanks giving to all rich2 11/22/17 05:04:08 PM
#20425   We are thankful for the blessings the lord AuAg 11/22/17 04:09:40 PM
#20424   Happy Thanksgiving to all. I think I hear HamDxer 11/22/17 03:53:17 PM
#20423   Pog looking good. The chart shows a nice uptrend. AuAg 11/22/17 11:32:10 AM
#20421   Yes. Happy Thanksgiving. OJSimpson1995 11/22/17 11:16:37 AM
#20419   Yes. Happy Thanksgiving everyone and to the byloselhy 11/22/17 10:18:33 AM
#20418   Happy Thanksgiving to everyone on this Mexus Gold Iceman 11/22/17 09:52:48 AM
#20417   Great posts, WXDOG! I really enjoyed Goldlion78 11/22/17 09:46:16 AM
#20416   Gm Mexus! AuAg 11/22/17 07:39:35 AM
#20415   Ask Ken. He made a killing there OJSimpson1995 11/22/17 07:33:16 AM
#20414   Proven winner.... when-er! goldbuggy 11/22/17 07:19:52 AM
#20413   The SEC conference is the best, but should OJSimpson1995 11/22/17 07:05:53 AM
#20411   Just ask yoself what 8thaero 11/22/17 03:57:54 AM
#20410   Too on-topic. I just look at how much wxdog 11/22/17 01:24:02 AM
#20409   Nobody is asking the SEC to "sign off" gitreal 11/22/17 01:06:48 AM
#20408   And I'll raise you a quarter by Easter Jason_Bourne 11/22/17 01:02:51 AM
#20407   Wait?? You forgot the millions of dollars Jason_Bourne 11/22/17 12:54:11 AM
#20406   But but but.... there was this "guru"..... rbtree 11/22/17 12:17:59 AM
#20405   LOL “Most mining companies”. Mexus US is by wxdog 11/22/17 12:08:06 AM
#20404   No, RBtree, not even that is proven. gitreal 11/22/17 12:01:03 AM
#20403   What's proven? That it's material from a shear zone? rbtree 11/21/17 11:53:29 PM
#20402   If it's "proven", why need any at all? gitreal 11/21/17 11:50:28 PM
#20401   Only 2 when using proven shear material. OJSimpson1995 11/21/17 11:26:56 PM
#20400   Not an appropriate comparison at all. Comparing gitreal 11/21/17 10:46:50 PM
#20399   Hey! It only takes 2 stabs to OJSimpson1995 11/21/17 10:35:02 PM
#20398   CABORCA, SONORA STATE, MEXICO, November 20th, 2017 (GLOBE Iceman 11/21/17 09:58:42 PM
#20397   Those fire assays might interrupt my sleep tonight gitreal 11/21/17 09:49:14 PM
#20396   It's a golden day out here in sunny rich2 11/21/17 06:57:25 PM
#20395   SURE IS! learningthetruth 11/21/17 05:08:37 PM
#20394   You may have more time to pick up Goldlion78 11/21/17 04:58:48 PM
#20393   There won't be gold recovered tomorrow? gitreal 11/21/17 04:15:29 PM
#20392   MXSG Wrong again! thelimeyone 11/21/17 04:14:12 PM
#20391   Gold to be "recovered" tomorrow, and the share gitreal 11/21/17 04:08:14 PM
#20390   Somebody get those 4's at the ask. byloselhy 11/21/17 02:27:47 PM
#20388   Might be time to finally sell that kidney Gene_Simmons 11/21/17 10:57:57 AM
#20387   MXSG thelimeyone 11/21/17 09:55:32 AM
#20386   The force is strong Aqua-FX 11/21/17 09:51:20 AM
#20385   MXSG The board is really being worked since the PR. thelimeyone 11/21/17 09:49:58 AM
#20384   Mexus/MarMar are mining in a VERY shareholder friendly Iceman 11/21/17 09:49:43 AM
#20382  Restored Yes. That's when the house of cards OJSimpson1995 11/21/17 08:05:33 AM
#20381   Another beautiful day! Too funny, we’re missing ~ wxdog 11/21/17 01:25:07 AM
#20380   Whatever. But those numbers are nothing but wild rbtree 11/21/17 12:16:57 AM
#20379   The humor was.... nice..?! but, if rbtree 11/21/17 12:14:38 AM
#20378   I plead the 5th. I think.. OJSimpson1995 11/20/17 11:25:26 PM
#20377   SEC rules are just guidance? If that's gitreal 11/20/17 11:20:09 PM
#20376   Also.. Exhibit 99.2 OJSimpson1995 11/20/17 11:15:14 PM
#20375   I was wrong. They only mentioned appx cost rbtree 11/20/17 10:57:11 PM
#20374   A repost from TML- Excellent read Iceman 11/20/17 10:15:11 PM
#20373   "That is totally unknown .... I think!" Iceman 11/20/17 10:14:15 PM
PostSubject