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Mexus Gold US (MXSG)

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Last Post: 3/29/2017 9:41:07 PM - Followers: 159 - Board type: Free - Posts Today: 0

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

Mexico Properties:

Santa Elena Mine
 
UPDATE:
"Gold returning to the pregnant solution pond better than expected at Santa Elena mine"
-
Click for PR


Interview from CEO, Paul Thompson-3/20/2017
https://upticknewswire.com/mexus-gold-ceo-paul-thompson-says-mines-ready-produce-gold/

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) 02/21/2017 05:26:03 PM
MXSG News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 02/15/2017 12:49:17 PM
MXSG News: Current Report Filing (8-k) 02/02/2017 03:59:19 PM
MXSG News: Amended Statement of Changes in Beneficial Ownership (4/a) 12/19/2016 06:09:18 PM
MXSG News: Amended Statement of Changes in Beneficial Ownership (4/a) 12/19/2016 05:54:59 PM
PostSubject
#14795  Sticky Note Gold returning to the pregnant solution pond better AuAg 03/20/17 06:31:21 AM
#14612  Sticky Note Pregnant Solution Flowing from Pad 1 at Mexus’ Gene_Simmons 03/13/17 04:49:04 AM
#14419  Sticky Note New! MetalsNews.com interview with MXSG CEO Paul Thompson. badgerbob 03/02/17 11:20:40 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
#15002   Just a few months ago we were at deadjim 03/29/17 07:21:48 PM
#14999   wrong, it is "what have you done for Amadeus4153 03/29/17 05:29:06 PM
#14997   wrong, it is "what have you done for shotgun 03/29/17 04:45:11 PM
#14995   Look somewhat like this. Scott Jolcover 8thaero 03/29/17 11:21:53 AM
#14994   Ha! A sight I wish I could Jason_Bourne 03/29/17 10:43:28 AM
#14993   Can bet PT will have some struck at 8thaero 03/29/17 10:20:03 AM
#14992   160 boardmarks. I believe that is a new Aqua-FX 03/29/17 09:08:35 AM
#14991   We are close to countdown rich2 03/29/17 01:37:19 AM
#14990   WHEN this monster takes off, you can bet Jason_Bourne 03/28/17 11:51:19 PM
#14988   this loser is down again today..what a loser AuAg 03/28/17 08:44:56 PM
#14987   Now just when were you predicting the stock Amadeus4153 03/28/17 08:44:43 PM
#14986   Wrong. Look at the 12 month chart, because Amadeus4153 03/28/17 08:43:37 PM
#14985   yep..I still have skin in this game and shotgun 03/28/17 08:42:06 PM
#14984   Still got the shares you said you bought Shotgun? insince2011 03/28/17 08:34:31 PM
#14983   honk, honk, toot, toot, look at the 3 AuAg 03/28/17 08:31:31 PM
#14981   this loser is down again today..what a loser shotgun 03/28/17 07:43:21 PM
#14980  Restored honk, honk, toot, toot, look at the 3 shotgun 03/28/17 07:41:13 PM
#14979   Double that. ;-) learningthetruth 03/28/17 06:31:40 PM
#14973   Gold Price Per Ounce $1,252 HamDxer 03/28/17 03:40:31 PM
#14972   Thanks 8 always good to hear from you. HamDxer 03/28/17 03:34:45 PM
#14971   "low return equals loss instead of gain...time will tell.." Amadeus4153 03/28/17 03:22:24 PM
#14970   low return equals loss instead of gain...time will shotgun 03/28/17 03:07:38 PM
#14967   Always hate to be bearer of great 8thaero 03/28/17 01:50:28 PM
#14966   "remember this stock has never made a dime Amadeus4153 03/28/17 01:08:31 PM
#14960   I have an order in for 1 million HamDxer 03/28/17 11:14:28 AM
#14959   Ok, to go along with the statement that deltadude 03/28/17 11:03:07 AM
#14957   Eighth: "Pour late in week or Sat." Amadeus4153 03/28/17 09:50:45 AM
#14956   And don't forget we were supposed to be Amadeus4153 03/28/17 09:44:37 AM
#14955   It will take 2 weeks, 3 weeks max, Amadeus4153 03/28/17 09:39:08 AM
#14954   gold is now $1257.00. Gee I was deltadude 03/28/17 09:34:45 AM
#14953   Many Freshman never make it to Sophomore level. wxdog 03/28/17 03:16:10 AM
#14952   First of April is also known as.......? gitreal 03/28/17 02:50:46 AM
#14951   First of april, from the horses mouth. deadjim 03/28/17 01:36:18 AM
#14950   Gotcha. He stated 15 days...from 3/21. Not to rbtree 03/28/17 01:34:12 AM
#14949   His last interview.... yeah, it's here n there. wxdog 03/28/17 01:19:13 AM
#14948   It took me 2 minutes to find information deadjim 03/28/17 01:01:25 AM
#14947   People have been posting there would be a rwalia99 03/28/17 12:50:24 AM
#14946   Leach commenced prior to March 9th. Paul's were wxdog 03/28/17 12:35:48 AM
#14945   I did..and just went back and checked again. rbtree 03/28/17 12:09:10 AM
#14944   Read front page of their website. Aqua-FX 03/27/17 11:59:13 PM
#14943   Thanks. I didn't bother going back that far, rbtree 03/27/17 11:58:29 PM
#14942   It says leaching to begin end of February, gitreal 03/27/17 11:29:28 PM
#14941   Anyone know if the big rock crusher has arrived. HamDxer 03/27/17 11:20:05 PM
#14940   Mr. Tree, here's the PR you're looking for JTrox 03/27/17 10:25:07 PM
#14939   Sorry, but I see no mention in any rbtree 03/27/17 10:02:43 PM
#14938   WOW! this loser cannot get past 12 cents..what shotgun 03/27/17 09:55:02 PM
#14934   Its on the website so they wouldnt be Aqua-FX 03/27/17 06:32:47 PM
#14933   Why would they tell me something important that gitreal 03/27/17 06:21:07 PM
#14932   Bro its on the website production in March. Aqua-FX 03/27/17 06:16:52 PM
#14929   Okay, but the info supplied was rather specific, gitreal 03/27/17 05:50:18 PM
PostSubject