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Mexus Gold US (MXSG)

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Last Post: 4/23/2019 2:14:38 AM - Followers: 182 - Board type: Free - Posts Today: 6

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

Mexico Properties:

Santa Elena Mine
 
 

PRESS RELEASE:

Phase 1 Drilling Program Completed
 

 

 

 

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 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. 


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?








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: Amended Quarterly Report (10-q/a) 02/19/2019 04:57:53 PM
MXSG News: Quarterly Report (10-q) 02/14/2019 04:16:34 PM
MXSG News: Quarterly Report (10-q) 11/14/2018 01:30:01 PM
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PostSubject
#29681  Sticky Note Mexus crushing circuit operational at its Santa Elena Iceman 04/22/19 09:23:00 AM
#29392  Sticky Note Looks like a 8% commission for finding new gitreal 03/05/19 11:55:31 AM
#28876  Sticky Note Uptick Newswire's 'Stock Day' Podcast to Interview Mexus Dutch1 01/12/19 05:18:12 PM
#26411  Sticky Note CABORCA, Mexico, Aug. 06, 2018 (GLOBE NEWSWIRE) -- Robert Johnson II 08/07/18 09:18:37 PM
#24591  Sticky Note MODS -- PLEASE STICKY THIS/ADD TO IT AS BonesJones 04/16/18 05:28:57 PM
#29690   Because even if they’re right, there must be gitreal 04/23/19 02:14:38 AM
#29689   I know, we could talk about how important Dutch1 04/23/19 02:06:02 AM
#29688   At the time I posted, the share price gitreal 04/23/19 01:53:56 AM
#29687   Come again? Dutch1 04/23/19 01:48:36 AM
#29686   Hmmmmm, sounds like wise advice! Just wish gitreal 04/23/19 01:24:06 AM
#29685   The long term “ Cup and Handle “ andrew16 04/23/19 12:25:53 AM
#29684   The news is so incredibly exciting that the gitreal 04/22/19 01:53:56 PM
#29683   It’s looking mighty great, Mexus! Mighty Great, indeed!!! Miz Ellie 04/22/19 12:34:25 PM
#29682   Nice! crazybadger 04/22/19 09:35:10 AM
#29681   Mexus crushing circuit operational at its Santa Elena Iceman 04/22/19 09:23:00 AM
#29679   Mexus crushing circuit operational at its Santa Elena mine Gene_Simmons 04/22/19 02:05:49 AM
#29678   Ask and will be given. 8thaero 04/22/19 01:19:47 AM
#29677   They'll get it right this time, absolutely! Double-digit gitreal 04/22/19 12:02:33 AM
#29676   How long does it take for a leach F4Uvet 04/21/19 11:48:52 PM
#29675   I wonder if the process of selecting best F4Uvet 04/21/19 11:00:38 PM
#29674   Maybe one of the longs who were around gitreal 04/21/19 10:55:10 PM
#29673   Usual riddler dialogue... nonsense leading nowhere! goldbuggy 04/21/19 09:58:55 PM
#29671   Oh sure. Apple pie easy. You 8thaero 04/21/19 01:35:32 PM
#29668   investorshub.advfn.com/uimage/uploads/2018/2/6/wnijdIsnt_That_Convenient. Homebrew 04/20/19 10:36:29 PM
#29666   HAHAHAHAHA....gold "breeding" or "seeding" ? Homebrew 04/20/19 10:24:18 PM
#29665   The gold they "produced" never showed up as gitreal 04/20/19 10:21:46 PM
#29664   But..but..but...9 ounces of gold!! WOO-HOO !!! Homebrew 04/20/19 10:16:24 PM
#29663   There is no mine...just a junkyard and a goldbuggy 04/20/19 09:40:41 PM
#29661   The only thing relevant with Mexus is that ShellCompany3 04/18/19 11:31:17 PM
#29660   free flowing nonsense around anything of so oft 1manband 04/18/19 01:28:32 PM
#29659   Yes, interesting fellow. One best around. 8thaero 04/18/19 01:18:56 PM
#29658   They must be saving the next announcement for Jordanrcook 04/18/19 09:31:10 AM
#29657  Restored Pump and bump.. goldbuggy 04/17/19 01:12:13 PM
#29651   Watcha calls them's that claim to be an gitreal 04/16/19 03:26:07 PM
#29650   "Glad we can find middle ground to agree on" Iceman 04/16/19 02:43:38 PM
#29649   Whatcha call them that withhold essential information about T-Hawk 04/16/19 02:40:26 PM
#29648   Glad we can find middle ground to agree T-Hawk 04/16/19 02:30:42 PM
#29646   All quartz vein intercepts had gold and silver gitreal 04/16/19 12:51:26 PM
#29645   Calm down, Git. Don't blow a blood OJSIMPSON2017 04/16/19 12:06:55 PM
#29644   "We can agree that consistent, verifiable production is Iceman 04/16/19 10:50:39 AM
#29643   This same holds true on both sides. No T-Hawk 04/16/19 10:34:59 AM
#29642   Price hasn't "dipped for one day". Price has T-Hawk 04/16/19 10:28:58 AM
#29641   Peyote, more likely. Seems as if much has rbtree 04/16/19 03:22:36 AM
#29640   WOOOOHOOO IS RIGHT. If the quartz intercept F4Uvet 04/16/19 02:21:48 AM
#29639   LOL NO kidding cablejohn 04/15/19 11:38:06 PM
#29638   Mexus is not about profitable gold mining?? gitreal 04/15/19 11:36:22 PM
#29637   MXSG could not produce gas if it ate cablejohn 04/15/19 10:23:05 PM
#29636   No gold? What about this: gitreal 04/15/19 10:20:27 PM
#29635   Produce gold!!! Ha, let’s find gold first! Hint, there goldbuggy 04/15/19 10:12:50 PM
#29634   Price dips for 1 day and out come OJSIMPSON2017 04/15/19 10:00:45 PM
#29633   They "produced" 8 oz. of gold before. gitreal 04/15/19 09:36:57 PM
#29632   I agree with what you say Belgie ... Iceman 04/15/19 09:14:37 PM
#29631   I realize what is said on chat boards gitreal 04/15/19 08:49:46 PM
#29630   The good thing is that no matter what Belgie24 04/15/19 08:16:57 PM
#29629   Yeah, I caught the hint of sarcasm. gitreal 04/15/19 04:51:37 PM
PostSubject