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Mexus Gold US (MXSG)

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Last Post: 6/22/2017 5:44:15 PM - Followers: 164 - Board type: Free - Posts Today: 18

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

Mexico Properties:

Santa Elena Mine
 
 

PRESS RELEASE:

Secondary cone crusher, additional assays, and AA machine update for the Santa Elena mine

 

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) 05/26/2017 05:24:16 PM
MXSG News: Statement of Changes in Beneficial Ownership (4) 05/05/2017 04:02:55 PM
MXSG News: Statement of Changes in Beneficial Ownership (4) 04/07/2017 03:17:56 PM
MXSG News: Statement of Changes in Beneficial Ownership (4) 04/07/2017 03:15:04 PM
MXSG News: Quarterly Report (10-q) 02/21/2017 05:26:03 PM
PostSubject
#16883  Sticky Note Secondary cone crusher, additional assays, and AA machine learningthetruth 06/12/17 09:39:15 AM
#16716  Sticky Note PR - 5 g/t Au! honestlybusy 06/05/17 03:13:20 AM
#16224  Sticky Note CABORCA SONORA STATE, Mexico, May 15, 2017 (GLOBE badgerbob 05/15/17 05:45:49 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
#17029   I have nibbled a little here and a rich2 06/22/17 05:44:15 PM
#17028   Don't get too greedy now, Mr. Shotgun. Belgie24 06/22/17 04:57:46 PM
#17027   Me as well JTrox 06/22/17 04:26:52 PM
#17026   If there is there is if not nothing Aqua-FX 06/22/17 04:04:37 PM
#17025   I'm curious if there have been any more rwalia99 06/22/17 03:14:57 PM
#17024   PR on Monday I hear :) 49andretired 06/22/17 03:09:40 PM
#17023   you're going to do JUST fine, Jason mahatmapaul 06/22/17 03:07:17 PM
#17022   Wow, well I guess that will do it! Jason_Bourne 06/22/17 03:04:46 PM
#17021   I got a ton @ .012 a while mahatmapaul 06/22/17 02:54:19 PM
#17020   Pretty sure I just fractured my jaw from Jason_Bourne 06/22/17 02:32:47 PM
#17019   i got another 50k shares @ .06 earlier mahatmapaul 06/22/17 01:56:32 PM
#17018   Why would you want to buy more of Aqua-FX 06/22/17 01:29:48 PM
#17016   Man, wholeheartedly agree with you and realtorwsm. Jason_Bourne 06/22/17 01:13:06 PM
#17015   I do love the summer - & this JTrox 06/22/17 12:12:10 PM
#17014   "Good things come to those who believe,...better things realtorwsm 06/22/17 11:13:22 AM
#17013   no news going back to sleep. maybe 4 am penywoo 06/22/17 03:13:29 AM
#17012   11 mos later? POG funny .65% up 8thaero 06/22/17 01:54:16 AM
#17009   Have memory? 8thaero 06/21/17 11:30:02 AM
#17008   Fort Smith, all my life Jason_Bourne 06/20/17 08:47:09 PM
#17007   Which part of Arkansas are you from? Im deadjim 06/20/17 08:38:12 PM
#17006   I agree with you on that, and yes, Jason_Bourne 06/20/17 08:34:07 PM
#17005   Most pennies aren't pumps. They're Small businesses funded deadjim 06/20/17 08:22:32 PM
#17004   Tomorrow? We go any lower and Im selling Jason_Bourne 06/20/17 08:20:14 PM
#17003   Why I agree with this statement, I would Jason_Bourne 06/20/17 08:17:27 PM
#17002   You and me both. I was trying to tsoprano-1 06/20/17 07:52:25 PM
#17001   I prefer seeing that 500K order than the rwalia99 06/20/17 07:46:28 PM
#17000   I agree it is mostly meaningless. But, I tsoprano-1 06/20/17 06:56:01 PM
#16999   Figuring out each and every seller is pointless, deadjim 06/20/17 06:47:16 PM
#16998   I am more curious about the 500k seller tsoprano-1 06/20/17 06:40:48 PM
#16997   Good job JTrox, and thanks Paul Dent for Belgie24 06/20/17 05:20:41 PM
#16996   Thanks, JTrox Gene_Simmons 06/20/17 04:59:44 PM
#16995   As we say the MC works great 8thaero 06/20/17 04:29:41 PM
#16994   Incredible! What Sale going on today! Hope this realtorwsm 06/20/17 03:50:22 PM
#16993   Well never thought I'd say this but please deltadude 06/20/17 03:46:30 PM
#16992   I received word from IR that we are JTrox 06/20/17 03:21:28 PM
#16991   It used to be under a penny. What Aqua-FX 06/20/17 02:07:29 PM
#16990   I am going to sell at 5 Five dollars penywoo 06/20/17 01:29:04 PM
#16989   MXSG right near the 5 cent border..just a shotgun 06/20/17 12:47:54 PM
#16988   Great explanation! Thanks for clarifying! realtorwsm 06/20/17 10:37:17 AM
#16987   Thanks for the summarization JTrox. Also, thank Jason_Bourne 06/20/17 10:24:45 AM
#16986   How is "Merrill Crowe is not working right? Jason_Bourne 06/20/17 10:08:23 AM
#16985   Couple things to note while we wait... JTrox 06/20/17 09:53:56 AM
#16983   Belgie24 was accurately reporting information in a company insince2011 06/20/17 08:52:09 AM
#16980   I was quoting someone else who clearly stated gitreal 06/20/17 01:28:20 AM
#16977   Why don't you ask the person that said gitreal 06/19/17 11:00:30 PM
#16976   "Merrill Crowe is not working right? Bummer. I insince2011 06/19/17 08:50:08 PM
#16974   "Asking the right questions takes as much skill Jason_Bourne 06/19/17 06:55:53 PM
#16973   Mexus and MarMar are in the process of Belgie24 06/19/17 05:55:24 PM
#16970   Merrill Crowe is not working right? Bummer. gitreal 06/19/17 05:29:59 PM
#16969   So Don and Kimberly, as far as Comstock Belgie24 06/19/17 05:04:58 PM
PostSubject