Cannabis Report
Lithium
Home > Boards > US OTC > Mining/Resources >

Mexus Gold US (MXSG)

MXSG RSS Feed
Add MXSG Price Alert      Hide Sticky   Hide Intro
Moderator: rbtree, learningthetruth, Robert Johnson II, gitreal, Aqua-FX, Homebrew
Search This Board: 
Last Post: 8/19/2018 2:20:09 PM - Followers: 186 - Board type: Free - Posts Today: 1


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

Mexico Properties:

Santa Elena Mine
 
 

PRESS RELEASE:


Mexus recovering gold at the 8 Brothers/370 gold project

 

 

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

=============================
Spring 2018
8 Ounces of gold after all these years!! That's it ????


 

Cannabis Report
Lithium
MXSG
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
MXSG News: Amended Quarterly Report (10-q/a) 08/17/2018 01:16:55 PM
MXSG News: Quarterly Report (10-q) 08/14/2018 05:27:26 PM
MXSG News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 08/14/2018 06:06:50 AM
MXSG News: Amended Annual Report (10-k/a) 07/17/2018 11:25:21 AM
MXSG News: Annual Report (10-k) 07/16/2018 06:40:55 AM
PlusOneCoin Top Posts
No plusone'd posts yet. Be the first!
PostSubject
#26411  Sticky Note CABORCA, Mexico, Aug. 06, 2018 (GLOBE NEWSWIRE) -- Robert Johnson II 08/07/18 09:18:37 PM
#26234  Sticky Note MEXUS AND TOXIC LENDING: gitreal 07/24/18 01:52:11 PM
#25162  Sticky Note GREAT NEWS OUT: MEXUS Pays Off ALL learningthetruth 05/17/18 09:49:02 AM
#24591  Sticky Note MODS -- PLEASE STICKY THIS/ADD TO IT AS BonesJones 04/16/18 05:28:57 PM
#26617   Hey! Where did everybody go? OJSIMPSON2017 08/19/18 02:20:09 PM
#26612   Secret messages. Don't think so. There is a Amadeus4153 08/18/18 10:26:15 AM
#26608   I'll be the judge of that. This gitreal 08/17/18 06:33:47 PM
#26606   Not amused? Sorry, thought folks here would gitreal 08/17/18 06:01:24 PM
#26605   Surprising answer from a technician, who supposedly could Belgie24 08/17/18 05:59:49 PM
#26603   It's a mystery to me. All I gitreal 08/17/18 05:50:59 PM
#26602   What is your explanation for what was clearly Amadeus4153 08/17/18 05:47:16 PM
#26601   Aliens will swoop down from their secret base gitreal 08/17/18 04:36:22 PM
#26600   It is Friday today, it could be good eddyimano 08/17/18 04:13:12 PM
#26599   Big day like today, it is very quiet eddyimano 08/17/18 04:10:36 PM
#26598   Amended 10Q filing https://www.otcmarkets.com/filing/html?id=12924403&guid=vKNEU Robert Johnson II 08/17/18 03:23:24 PM
#26596   Nothing not already known. Plus stocks have a deadjim 08/17/18 01:07:30 PM
#26595   On what news? Secret news spewed out gitreal 08/17/18 12:57:02 PM
#26594   Need more volume eddyimano 08/17/18 11:32:16 AM
#26593   It's almost a religious experience. Gene_Simmons 08/17/18 11:18:08 AM
#26592   https://youtu.be/a7sMrd4rnkQ realtorwsm 08/17/18 11:04:53 AM
#26591   MXSG is back over a penny. Time for deadjim 08/17/18 10:07:45 AM
#26590   Unfortunately, PT likes to give money away to gitreal 08/17/18 12:28:31 AM
#26589   $9,782 in cash....Houston we have a problem. ShellCompany3 08/16/18 10:57:08 PM
#26587   So now what, an amended filing? Again? 1manband 08/15/18 11:13:24 PM
#26586   So now what, an amended filing? Again? gitreal 08/15/18 11:07:15 PM
#26584   None of that changes the LAW. 1manband 08/15/18 08:33:23 PM
#26583   How's fer a bit more recent 8thaero 08/15/18 08:23:57 PM
#26582   Where is the results from the Vat? The gitreal 08/15/18 12:51:59 PM
#26581   Where is the results from the Vat? ShellCompany3 08/15/18 11:29:26 AM
#26580   Riiiight ! And that justifies spending a F4Uvet 08/15/18 01:24:09 AM
#26579   No exploration was done at Santa Elena last gitreal 08/15/18 01:20:17 AM
#26578   It's essential that Elena is further explored to F4Uvet 08/15/18 01:13:24 AM
#26577   $222,286 for exploration in the last quarter. gitreal 08/15/18 01:01:34 AM
#26576   Although the following statement is relatively standard fodder, F4Uvet 08/15/18 12:52:16 AM
#26575   Ice is back baby! ShellCompany3 08/15/18 12:40:30 AM
#26574   No revenue reported in the 10-Q out today. gitreal 08/14/18 11:27:59 PM
#26573   9 oz yet? Or is that too lofty Homebrew 08/14/18 11:08:51 PM
#26571   I could be wrong but I thought Mexus F4Uvet 08/14/18 10:22:50 PM
#26570   So the XBRL is an interactive file format? Robert Johnson II 08/14/18 10:12:10 PM
#26569   How is it possible that Mexus and their gitreal 08/14/18 07:52:22 PM
#26568   http://www.sec.gov/structureddata/what-is-structured-data All SEC registrants are now required to 1manband 08/14/18 07:48:02 PM
#26567   Could you explain what the XBRL is ? Robert Johnson II 08/14/18 07:39:44 PM
#26566   What is the fee, if any, to file 1manband 08/14/18 07:35:33 PM
#26565   What is the fee, if any, to file Robert Johnson II 08/14/18 07:27:18 PM
#26564   Or he just didn't want to break his gitreal 08/14/18 07:06:56 PM
#26562   The 10-Q is NOT filed on time. 1manband 08/14/18 06:52:30 PM
#26561   I have no idea. Maybe he decided to Robert Johnson II 08/14/18 06:48:44 PM
#26560   Mexus Gold US 10Q filed on time and Iceman 08/14/18 06:47:57 PM
#26559   There are no legal proceedings to which Mexus gitreal 08/14/18 06:45:42 PM
#26558   Why did Mexus file a late notice, and gitreal 08/14/18 06:29:42 PM
#26557   Mexus 10Q https://www.otcmarkets.com/filing/html?id=12918897&guid=4gAEUpytg4cP83h Robert Johnson II 08/14/18 05:54:37 PM
#26556   And the ironic thing is that the 10-Q gitreal 08/14/18 04:18:43 PM
#26555   The 10-Q will be late? Who could have 1manband 08/14/18 03:32:16 PM
#26554   Any relevance here with Mexus? gitreal 08/14/18 01:12:45 PM
PostSubject