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Mexus Gold US (MXSG)

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Last Post: 9/24/2017 5:36:18 AM - Followers: 162 - Board type: Free - Posts Today: 1

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: 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
MXSG News: Statement of Changes in Beneficial Ownership (4) 08/28/2017 05:54:30 PM
PostSubject
#18783  Sticky Note Just incredible news! JV hitting Goldlion78 09/17/17 10:54:07 PM
#18514  Sticky Note Mexus and JV partner MarMar confirm production at badgerbob 09/11/17 09:20:36 AM
#18370  Sticky Note Mexus releases information on current gold produced and JTrox 09/05/17 10:58:56 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
#18856   Now Ste Elena is working, we assume 8thaero 09/24/17 05:36:17 AM
#18855   If they get San Felix online, who knows Gene_Simmons 09/23/17 09:14:10 AM
#18854   Yup. It might hit $3/share by the A Dinosaur 09/23/17 08:33:27 AM
#18853   3 town coming, 3 town coming MXSG is shotgun 09/22/17 11:39:26 PM
#18851   Julian DW Phillips, no relation 8thaero 09/22/17 04:25:40 PM
#18850   If Brent were to invest 8thaero 09/22/17 02:55:01 PM
#18849   I and most everyone knew exactly what you learningthetruth 09/22/17 02:22:43 PM
#18848   Finally a reasonable statement but I'd 8thaero 09/22/17 01:59:15 PM
#18847   Let me clarify a previous post. First ghymm1964 09/22/17 01:48:54 PM
#18846   Of course Not now..C'mon Man!! But we'll learningthetruth 09/22/17 12:11:40 PM
#18845   Sounds like he talking about MEXUS rbtree 09/22/17 12:08:35 PM
#18844   The real gravy train can come from 8thaero 09/22/17 11:54:00 AM
#18843   Hmmmm - I wonder if we'll get more JTrox 09/22/17 10:57:47 AM
#18842   Hey Dino.. a legit assay requires an Independant goldbuggy 09/21/17 10:10:16 PM
#18841   Wrong interp of what Brent is 8thaero 09/21/17 03:24:44 PM
#18840   I think so too. Interesting how abnormal strength Tweetybird 09/21/17 02:50:11 PM
#18839   Nice link! Mxsg needs to get exposure Malengold 09/21/17 02:31:44 PM
#18838   Excellent...must watch. learningthetruth 09/21/17 02:16:35 PM
#18837   Interesting take on major miners concerning junior miners, ghymm1964 09/21/17 02:08:28 PM
#18836   Yep...1250-1300 should be the low for this dip, Goldlion78 09/21/17 01:09:01 PM
#18835   Pretty amazing ... it's well-beyond a logical end Tweetybird 09/21/17 10:31:40 AM
#18834   $1290 is a decent chip if 8thaero 09/21/17 10:20:52 AM
#18833   Nice to see Goldman and JPM working their tsoprano-1 09/21/17 10:10:45 AM
#18830   Is there some msg bd MC or EW process? Iceman 09/20/17 05:53:57 PM
#18829   One good repost deserves another. Hard to extract 8thaero 09/20/17 05:02:07 PM
#18826   I was reposting your post. Thanks 8 AuAg 09/20/17 02:57:16 PM
#18818   Wow. That is INCREDIBLE. INCREDIBLE! learningthetruth 09/20/17 09:55:49 AM
#18817   Yep. He uses fire assay . 8thaero 09/20/17 09:51:27 AM
#18816   Not the .2 grams that the "remuneration" folks Goldlion78 09/20/17 07:32:39 AM
#18815   No. He meant assays. Look in A Dinosaur 09/20/17 04:56:52 AM
#18813   What assays ? goldbuggy 09/20/17 01:32:00 AM
#18812   Dad ever 'splain facts O life? Lil bee 8thaero 09/19/17 09:06:53 PM
#18811   Zero research ability is an embarrassment to 8thaero 09/19/17 05:15:53 PM
#18810   I was referring to this list where he tsoprano-1 09/19/17 04:41:51 PM
#18809   Meanwhile back at San Felix 8thaero 09/19/17 02:51:12 PM
#18808   Hard to argue validity when 8thaero 09/19/17 01:11:48 PM
#18807   Re: October ? 8thaero 09/19/17 12:14:05 PM
#18806   Good to see you are back 8! learningthetruth 09/19/17 11:40:55 AM
#18805   Is any stone left unturned? Unequivocally the fat realtorwsm 09/19/17 11:22:11 AM
#18804   How to invest long term off 8thaero 09/19/17 11:04:39 AM
#18803   I suspect it will be a VERY good JTrox 09/19/17 09:09:42 AM
#18795   It wouldn't have to be that way IF bearluver 09/19/17 12:30:49 AM
#18794   3 town coming because this stock cannot hold shotgun 09/18/17 11:55:24 PM
#18793   Bearluver, I would sell too if I ended tsoprano-1 09/18/17 03:04:53 PM
#18792   Let's face it, with the amount of shares Moneydontbuylove 09/18/17 10:08:50 AM
#18788   Peny, there are those here who have waited Gene_Simmons 09/18/17 02:33:45 AM
#18786   I didn't say get out if it goes deadjim 09/17/17 11:06:17 PM
#18785   Once again, applying basic reasoning.... bearluver 09/17/17 11:04:30 PM
#18784   That's bad trading if you get out when penywoo 09/17/17 11:01:36 PM
#18783   Just incredible news! JV hitting Goldlion78 09/17/17 10:54:07 PM
PostSubject