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Mexus Gold US (MXSG)

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Last Post: 6/22/2018 10:49:54 PM - Followers: 185 - Board type: Free - Posts Today: 21

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

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


 

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MXSG News: Proxy Statement - Other Information (preliminary) (pre 14c) 06/11/2018 06:04:28 AM
MXSG News: ALYI PPS Up 107% To $0.026 With Potential To $0.09 Analyst Target Price 05/16/2018 01:51:34 PM
MXSG News: Current Report Filing (8-k) 04/20/2018 03:34:44 PM
MXSG News: Statement of Changes in Beneficial Ownership (4) 03/26/2018 04:08:32 PM
MXSG News: Quarterly Report (10-q) 02/16/2018 03:24:51 PM
PlusOneCoin Top Posts
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PostSubject
#25392  Sticky Note Mexus begins mining at the 8 Brothers/370 gold project penywoo 06/11/18 03:18:01 AM
#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
#24575  Sticky Note Mexus terminates JV agreement with MarMar Holdings; Update gitreal 04/16/18 04:27:15 PM
#25608   What’s a hobby basher to do? bobbyinredwood 06/22/18 10:49:54 PM
#25607   Why have we heard nothing more regarding Elena F4Uvet 06/22/18 09:48:20 PM
#25606   Somehow, I don't think environmental issues or the F4Uvet 06/22/18 09:36:26 PM
#25603   Why downplay the environmental risk of cyanide leaching gitreal 06/22/18 07:40:29 PM
#25602   "So l was off by a week.." Amadeus4153 06/22/18 07:27:15 PM
#25599   Associating the word scam with Mexus is totally gitreal 06/22/18 06:36:03 PM
#25596   Oh Snap!! Aqua-FX 06/22/18 03:16:18 PM
#25595   When you know totally NOTHING from 8thaero 06/22/18 01:53:31 PM
#25594   To date, no suitable recovery method was found gitreal 06/22/18 12:27:40 PM
#25591   Refining the precipitate from the vat process is F4Uvet 06/22/18 04:27:49 AM
#25590   As I said, it was a rhetorical question. F4Uvet 06/22/18 03:58:27 AM
#25589   So l was off by a week..not like Dutch1 06/22/18 03:32:33 AM
#25588   Why then, did the property Mexus leased go gitreal 06/22/18 12:53:48 AM
#25587   After the abysmal record of failed business and F4Uvet 06/21/18 10:49:56 PM
#25586  Restored Just spoke to Deb and the boys. ShellCompany3 06/21/18 08:14:38 PM
#25584   So l was off by a week..not like 49andretired 06/21/18 05:28:35 PM
#25583   What happens when you drop a slice of gitreal 06/21/18 04:49:31 PM
#25582   Didn't mean to imply that.....obviously, more money is gitreal 06/21/18 02:20:03 PM
#25581   That would imply more people make money than lose deadjim 06/21/18 02:09:38 PM
#25580   Those are also the same words that people gitreal 06/21/18 01:57:50 PM
#25577   Then, of course, there are those who 8thaero 06/21/18 01:41:10 PM
#25576   You’re smart. I was in at 04. And deadjim 06/21/18 01:11:30 PM
#25575   Why do people buy at market tops and bubbles?? OJSIMPSON2017 06/21/18 01:10:41 PM
#25574   Remember when people were loading cheapies at 08c? deadjim 06/21/18 12:49:05 PM
#25573   Does anyone know how many mining ventures Paul gitreal 06/20/18 07:52:27 PM
#25572   I wonder if the refining costs for the F4Uvet 06/20/18 11:55:21 AM
#25571   Hey wow, that's the same number representing "production" F4Uvet 06/20/18 11:39:26 AM
#25570   ZERO! Robert Johnson II 06/20/18 09:56:33 AM
#25569   Does anyone know how many mining ventures Paul EightRealtor 06/20/18 09:28:43 AM
#25568   SNORK:) cablejohn 06/19/18 11:36:26 PM
#25564   Well, now deep devolved to desperate 8thaero 06/19/18 01:12:43 PM
#25563   I thought it stood for: Vacuous Attack Turkeys Mr Bobo 06/19/18 12:34:41 PM
#25562  Restored Seems like there is a Visceral Adipose Tissue drobx 06/19/18 12:11:38 PM
#25561   Here is a link to vat leaching on drobx 06/19/18 11:59:32 AM
#25560   I like the "Value Added Tool" byloselhy 06/19/18 11:55:23 AM
#25559   The sampling and metallurgy should have been done gitreal 06/19/18 11:52:28 AM
#25558   Some homework for Acme School graduates to read Miz Ellie 06/19/18 11:49:17 AM
#25557   Enough to choose from: https://www.abbreviations.com/VAT Dutch1 06/19/18 11:35:05 AM
#25556   Says Google: drobx 06/19/18 11:22:57 AM
#25555   That was exactly what I was trying to geigerbutte 06/19/18 10:22:51 AM
#25553   8, great that you are back. ShellCompany3 06/19/18 08:50:42 AM
#25551   VAT = Vat Agitated Treatment. Now onto the Aqua-FX 06/19/18 08:46:36 AM
#25549   I’m doubling up at.001 goldbuggy 06/19/18 12:27:23 AM
#25548   The MXSG dog and pony show continues .... F4Uvet 06/18/18 10:10:26 PM
#25546   Yuk Yuk ;) go mxsg cablejohn 06/18/18 08:51:20 PM
#25545   I agree that good sampling practices are important.....but gitreal 06/18/18 08:47:06 PM
#25544   This first test will produce gold and silver 1manband 06/18/18 07:55:28 PM
#25543   I can answer the testing done on the geigerbutte 06/18/18 07:44:42 PM
#25542   Boo! Hisssss. A Dinosaur 06/18/18 05:20:35 PM
#25541   Thank you, but I was already aware that gitreal 06/18/18 04:56:12 PM
PostSubject