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Mexus Gold US (MXSG)

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Last Post: 11/20/2017 8:50:01 PM - Followers: 165 - Board type: Free - Posts Today: 60

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
#20370   Spending a few days for millions is nothing. OJSimpson1995 11/20/17 08:50:01 PM
#20369   "I don't expect too much activity (but hopefully Iceman 11/20/17 08:25:53 PM
#20368   Honestly though, I prefer a MXSG monthly update, Exxtol 11/20/17 08:18:14 PM
#20367   Mexus/MarMar are mining in a VERY shareholder friendly Iceman 11/20/17 08:11:06 PM
#20366   Right! Throw out that lab evidence. OJSimpson1995 11/20/17 07:54:20 PM
#20365   What "mining company" issues pictures of gold beads gitreal 11/20/17 07:48:31 PM
#20364   The PR released late last night was really Amadeus4153 11/20/17 07:47:23 PM
#20363   Delays are certainly to be expected in the Amadeus4153 11/20/17 07:43:16 PM
#20362   What’s wrong with the gold beads... better get AuAg 11/20/17 07:35:32 PM
#20361   When a company claims to characterize a 40,000 gitreal 11/20/17 07:28:20 PM
#20360   The company releasing a PR is hype? Come on. AuAg 11/20/17 07:24:53 PM
#20359   True, but that's not the point. T-trades gitreal 11/20/17 07:22:26 PM
#20357   Someone also bought 730,000 shares. AuAg 11/20/17 07:20:32 PM
#20356   Three T-trades for 730,000 shares was someone dumping gitreal 11/20/17 07:14:09 PM
#20355   Try again. People are loading not selling. $$$ AuAg 11/20/17 07:12:39 PM
#20354   CABORCA, SONORA STATE, MEXICO, November 20th, 2017 (GLOBE Iceman 11/20/17 06:53:33 PM
#20353   MXSG hasn't figured out yet how to extract gitreal 11/20/17 06:36:10 PM
#20351   Amadeus, ". (Remember, we were promised in the chilar4567 11/20/17 06:27:14 PM
#20350   The reason is quite simple, Imminent riches are Iceman 11/20/17 06:26:50 PM
#20348   I agree! Iceman 11/20/17 06:07:15 PM
#20346   Why would anybody sell, with a constant stream gitreal 11/20/17 05:06:55 PM
#20345   Loading them up!!! realtorwsm 11/20/17 02:36:20 PM
#20344   Agreed Rwalia! learningthetruth 11/20/17 12:41:58 PM
#20343   To say that news is positive would be rwalia99 11/20/17 12:40:54 PM
#20341   Setup on the 100gpm M/C will take hours Iceman 11/20/17 12:35:06 PM
#20340   The Buys are flooding in here! A sea realtorwsm 11/20/17 11:33:38 AM
#20339   I want that too Peny - Sell the JTrox 11/20/17 11:08:04 AM
#20338   Most of the PRs didn't have what I penywoo 11/20/17 10:51:21 AM
#20337   Yes you are! Iceman 11/20/17 10:18:54 AM
#20336   Mexus has an Incredible amount of GOLD at Iceman 11/20/17 10:14:56 AM
#20335   Watch out after a couple of weeks everyone! eddyimano 11/20/17 09:57:11 AM
#20334   Its Insane How much $$ is there for JTrox 11/20/17 09:55:16 AM
#20333   Yep, to .10 learningthetruth 11/20/17 09:54:56 AM
#20332   That's some monster grades coming back. Goldlion78 11/20/17 09:54:46 AM
#20331   Thanks. I am one of the investor eddyimano 11/20/17 09:54:41 AM
#20330   Took out .046, beating up on the .05's bobbyinredwood 11/20/17 09:53:54 AM
#20329   INCREDIBLE AMOUNT of GOLD..TRUTH! learningthetruth 11/20/17 09:52:10 AM
#20328   Ummm.... did VNDM just finish selling & post JTrox 11/20/17 09:50:33 AM
#20327   Hey Ice. We got the gold and plenty AuAg 11/20/17 09:48:42 AM
#20326   CABORCA, SONORA STATE, MEXICO, November 20th, 2017 (GLOBE Iceman 11/20/17 09:46:31 AM
#20325   Takes almost no volume to move this stock. JTrox 11/20/17 09:44:17 AM
#20324   I agree - it is going to BLOW JTrox 11/20/17 09:32:53 AM
#20323  Restored Correct. Also ignore the few beads of OJSimpson1995 11/20/17 09:32:08 AM
#20322   I agree. AuAg 11/20/17 09:29:00 AM
#20321   It will be fun to watch in the crazybadger 11/20/17 09:25:14 AM
#20320   You’re welcome! MXSG looks ripe!!! AuAg 11/20/17 09:19:36 AM
#20319   Thank you! crazybadger 11/20/17 09:12:55 AM
#20318   http://www.otcmarkets.com/stock/MXSG/quote AuAg 11/20/17 09:12:25 AM
#20317   I too am feeling very excited. Woke up Exxtol 11/20/17 09:02:36 AM
#20316   Anyone have a free L2 link for mexus? crazybadger 11/20/17 08:51:49 AM
PostSubject