Mexus Gold US (MXSG)

[Iceman]

Mexus adds new project "San Marco Mine" and updates its shareholders on the Santa Elena Mine


CARSON CITY, Nev., Sept. 26, 2016 (GLOBE NEWSWIRE) -- Mexus Gold US (MXSG)(“Mexus” or the “Company”) President Paul Thompson is happy to report that his recent visit to the Santa Elena Mine was successful and confirmed that the project is still on track to be in production late October 2016. The recent storms which passed through the area slowed progress at the mine site but the crew continues to push forward.

The company also announced today that Mexus and its partner, MarMar, have a new gold and silver project called the San Marco Mine. This property sits in the municipality of Pitiquito, 200km S of Puerto Penasco and 250km NW of Hermosillo, Sonora in the community of Puerto Libertad. The mine encompasses a total of 970 acres. Most importantly, the previous owners of this property reported 110,000oz. of gold identified through prior geological evaluations which provides a strong basis for future work. The 50/50 agreement with MarMar on this project is similar to the one at our Santa Elena Mine. MarMar plans to submit for permits immediately. Marco Martinez, CEO of MarMar, feels that these permits will be completed about the time the Santa Elena mine is processing 15,000 tons of ore a day.

Added CEO Paul Thompson, “Mexus and MarMar are keeping with our promise to bring additional projects on board. This new property, with its excellent drill results and mineable gold, is a small example of what MarMar brings to the table. I hope our shareholders can clearly see that this partnership has been and will continue to be a win.”