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Mexus Gold US (MXSG)

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Moderator: rbtree, deadjim, learningthetruth, badgerbob, gitreal, honestlybusy
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Last Post: 5/28/2017 9:50:49 PM - Followers: 162 - Board type: Free - Posts Today: 0

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

Mexico Properties:

Santa Elena Mine
 
 

UPDATE:

Santa Elena Project Update - Click for PR
 

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
Current Price
Volume:
Bid Ask Day's Range
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
MXSG News: Statement of Changes in Beneficial Ownership (4) 04/07/2017 03:15:04 PM
MXSG News: Quarterly Report (10-q) 02/21/2017 05:26:03 PM
PostSubject
#16224  Sticky Note CABORCA SONORA STATE, Mexico, May 15, 2017 (GLOBE badgerbob 05/15/17 05:45:49 AM
#15795  Sticky Note Mexus confirms status at Santa Elena project learningthetruth 05/01/17 08:02:42 PM
#15502  Sticky Note Mexus smelts first gold at Santa Elena mine honestlybusy 04/24/17 06:47:49 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
#16586   24.5 cents in the headlights...it's great this winner Belgie24 05/28/17 09:50:49 PM
#16580   4.5 cents in the headlights...too bad this loser shotgun 05/28/17 08:50:51 PM
#16579   more important when are we going to have penywoo 05/28/17 10:21:43 AM
#16576   Hear! Hear!!! realtorwsm 05/27/17 02:12:49 PM
#16573   well said. Thank you rwalia. honestlybusy 05/27/17 12:41:13 PM
#16572   RBtree quote "Should he be using any of badgerbob 05/27/17 11:01:04 AM
#16571   rwalia... thank you for your thoughtful post. mexus citoyen 05/27/17 10:22:11 AM
#16570   Have a great long weekend, guys. I've had rwalia99 05/27/17 01:39:06 AM
#16569   Silly, Silly what a laugh..this is such a shotgun 05/26/17 11:49:35 PM
#16568   DEFINITION of 'Form T' maxbet 05/26/17 11:33:08 PM
#16567   Correct. It was probably something as simple as rbtree 05/26/17 11:18:14 PM
#16566   Thanks. Belgie24 05/26/17 09:39:08 PM
#16565   Star trek reference. Im big into sci fi deadjim 05/26/17 09:37:14 PM
#16564   Long as we're in limbo waiting on lots Belgie24 05/26/17 09:35:58 PM
#16563   Im pretty cheery.. just an observation from deadjim 05/26/17 09:27:50 PM
#16562   Cheer up Jim. Happy weekend. God Bless our vets! Tweetybird 05/26/17 08:57:40 PM
#16561   Needs .12+ for momentum else youre watchin paint dry deadjim 05/26/17 08:54:03 PM
#16559   Viva veterans! Viva Mexus! Hope we all get rich. goldbuggy 05/26/17 07:38:20 PM
#16558   Once we have sold news. Moves 3 decimal penywoo 05/26/17 07:02:22 PM
#16556   The 2 trades at .6904 have disappeared, and Belgie24 05/26/17 05:40:37 PM
#16555   something like that happened to me. penywoo 05/26/17 05:13:41 PM
#16554   Wonder who was at the other end of Sone 05/26/17 04:51:19 PM
#16553   Not only that but those funds had to Sone 05/26/17 04:50:44 PM
#16552   good point. let's hope penywoo 05/26/17 04:50:32 PM
#16551   Still, how does that happen? Someone putting T-Hawk 05/26/17 04:45:01 PM
#16550   based on the price jump without news looks penywoo 05/26/17 04:40:09 PM
#16549   I'll take a 775% profit any day! Tuesday Jason_Bourne 05/26/17 04:36:09 PM
#16548   Can someone explain the price for me? Up TheU 05/26/17 04:33:42 PM
#16547   SALE SALE SALE!! Turn them machines back on!! ammobox 05/26/17 04:31:18 PM
#16546   Lol! They still trying to fix it. Screwing maxbet 05/26/17 04:26:28 PM
#16545   Maybe that was $70,000 worth of karma for rwalia99 05/26/17 04:13:59 PM
#16544   I think so too. Don't have much but OrangeShovel 05/26/17 04:10:58 PM
#16543   One day, we will open at that price. Jronim0 05/26/17 04:10:22 PM
#16542   That's one very expensive fat finger lol. OrangeShovel 05/26/17 04:09:17 PM
#16541   Looks like a fat fingered close haha Laflamablanca 05/26/17 04:08:18 PM
#16540   You and me both!!!! WTH happened? Misprint or OrangeShovel 05/26/17 04:07:54 PM
#16539   I'm rich! Laflamablanca 05/26/17 04:04:53 PM
#16538   Interesting that your interpretation of the rules seem insince2011 05/26/17 03:25:18 PM
#16537   I completely agree with that. You'd think Jason_Bourne 05/26/17 02:18:37 PM
#16535   Anyone "trying to maximize profits" and selling this rwalia99 05/26/17 02:04:51 PM
#16534   I think you just answered the question. Jason_Bourne 05/26/17 01:58:57 PM
#16533   Uh, no I'm not going to enjoy a rwalia99 05/26/17 01:55:10 PM
#16532   Haven't talked to him in a long time. A Dinosaur 05/26/17 01:46:11 PM
#16531   If you know him personally, have you asked rwalia99 05/26/17 12:34:52 PM
#16530   Just a reminder that the Form 4 reporting rbtree 05/26/17 12:25:16 PM
#16527   Happy Memorial Day weekend everyone. Next week should JTrox 05/26/17 11:52:43 AM
#16526   Again, wrong. The CEO is breaking the law 1manband 05/26/17 11:35:59 AM
#16525   I disagree. We're going to disagree on this JTrox 05/26/17 11:29:46 AM
#16522   Most likely we'll close in the mid to JTrox 05/26/17 10:51:38 AM
#16521   They are all different people/companies. I know A Dinosaur 05/26/17 10:46:32 AM
PostSubject