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Mexus Gold US (MXSG)

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Last Post: 10/22/2018 7:19:39 PM - Followers: 189 - Board type: Free - Posts Today: 25


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 ????


 

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MXSG News: Current Report Filing (8-k) 10/18/2018 12:46:23 PM
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
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PostSubject
#27134  Sticky Note Mexus confirms drilling program at Santa Elena mine Iceman 10/11/18 02:36:44 PM
#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
#24591  Sticky Note MODS -- PLEASE STICKY THIS/ADD TO IT AS BonesJones 04/16/18 05:28:57 PM
#27307   Mexus Gold and Major Drilling both provided proof Iceman 10/22/18 07:19:38 PM
#27306   Git asked for a copy and proof but Moneydontbuylove 10/22/18 06:52:42 PM
#27305   Thanks. Couldn't have said it better. gitreal 10/22/18 06:13:32 PM
#27304   Translation: T-Hawk 10/22/18 05:59:42 PM
#27303   Translation: The issue was whether the $75K deposit was OJSIMPSON2017 10/22/18 05:11:34 PM
#27302   The issue was whether the $75K deposit was gitreal 10/22/18 04:00:37 PM
#27301   So not sure what we are talking about then... Moneydontbuylove 10/22/18 03:38:05 PM
#27300   800 meters of core drilling, assays, and third gitreal 10/22/18 03:07:18 PM
#27299   I'm not an expert by any means, clearly...and Moneydontbuylove 10/22/18 02:55:13 PM
#27298   It’s all about asking the right questions, if Dutch1 10/22/18 02:39:05 PM
#27297   Ouch, you just gave me whiplash. gitreal 10/22/18 02:31:12 PM
#27296   Well if I had to pay $75K on Dutch1 10/22/18 02:28:34 PM
#27295   So, the drilling will only cost $75K, and gitreal 10/22/18 02:24:40 PM
#27294   LOL....the company is the one promoting a "mine", gitreal 10/22/18 02:22:46 PM
#27293   Please provide evidence that the $75K was paid Dutch1 10/22/18 02:22:30 PM
#27292   While I definitely agree in part, it's clear Moneydontbuylove 10/22/18 02:07:55 PM
#27291   Please provide evidence it wasn't, the company has Moneydontbuylove 10/22/18 02:03:06 PM
#27290   Exciting times ahead Ice! crazybadger 10/22/18 01:26:02 PM
#27289   Mexus hires a"World Class Driller" -- Iceman 10/22/18 01:13:14 PM
#27288   30 years ago I found what IS DUMBER gitreal 10/22/18 12:54:58 PM
#27286   It is what everyone has been beating the T-Hawk 10/22/18 10:06:20 AM
#27284   30 years ago I found what IS DUMBER 8thaero 10/22/18 05:39:35 AM
#27275   Please provide evidence that the $75K was paid gitreal 10/21/18 10:28:06 PM
#27274   come back in mid - nov rich2 10/21/18 09:28:16 PM
#27273   LOLOL....High gold prices will really help MXSG's hoard Homebrew 10/21/18 08:36:14 PM
#27272   Gold prices and MXSG are looking good rich2 10/21/18 08:27:09 PM
#27267   MXSG should really move higher into drilling and NorthShoreTrading 10/19/18 06:00:19 PM
#27264   Nailed It!!! Moneydontbuylove 10/19/18 11:56:36 AM
#27262   AMEN to that!!! Flavor of the day today eh!!! Moneydontbuylove 10/19/18 11:52:47 AM
#27259   So what are you trying to say? Aqua-FX 10/19/18 10:49:20 AM
#27258   You nailed it, Ice. Just like OJSIMPSON2017 10/19/18 08:29:06 AM
#27257   Dumpster? You must be referring to the gitreal 10/18/18 11:09:50 PM
#27256   Well, first they gotta throw it in a deadjim 10/18/18 11:02:00 PM
#27255   There's certainly some gold at Santa Elena. gitreal 10/18/18 10:50:58 PM
#27254   Like the gold? goldbuggy 10/18/18 10:37:22 PM
#27253   Well boys, on to the next gold mine ! goldbuggy 10/18/18 10:37:01 PM
#27252   "SuperPaul" wasted millions of investors' dollars so far. gitreal 10/18/18 10:16:55 PM
#27251   No, I was talking about the actual contract gitreal 10/18/18 10:14:58 PM
#27250   http://mexusgoldus.com/confirmation-of-contract-with-major-drilling/ Download Aqua-FX 10/18/18 09:18:11 PM
#27249   Mexus Gold and Major Drilling both provided proof Iceman 10/18/18 09:15:57 PM
#27248   Where did I say that Mexus had breached gitreal 10/18/18 08:17:04 PM
#27247   Repeating it 10 times does not make it Moneydontbuylove 10/18/18 07:16:54 PM
#27246   and paid this World Class Company. gitreal 10/18/18 06:10:28 PM
#27245   LMAO, Mexus Gold is firing on all cylinders. Iceman 10/18/18 06:06:58 PM
#27244   Commencement of this drilling program is subject to gitreal 10/18/18 05:44:09 PM
#27243   And there you have it! The i's Iceman 10/18/18 02:25:51 PM
#27242   You have another option where they could have Robert Johnson II 10/18/18 02:04:55 PM
#27241   Ummm..No. learningthetruth 10/18/18 02:03:26 PM
#27240   Either that or bankruptcy or R/S likely the Robert Johnson II 10/18/18 01:42:54 PM
#27239   Now a conference call between Mexus CEO and Robert Johnson II 10/18/18 01:38:55 PM
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