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Mexus Gold US (MXSG)

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Last Post: 4/21/2018 7:25:33 PM - Followers: 186 - Board type: Free - Posts Today: 0

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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SureTrader
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
MXSG News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 02/14/2018 05:57:01 PM
MXSG News: Statement of Changes in Beneficial Ownership (4) 01/23/2018 05:43:54 PM
PlusOneCoin Top Posts
#21439   I say MXSG hits $1 this year. $tockaddict 01/03/18 01:53:54 PM
PostSubject
#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
#23818  Sticky Note Additional gold sales reported from Santa Elena project badgerbob 03/19/18 03:27:35 AM
#20593  Sticky Note Gold recovery Merrill Crowe system now operational at maverick49er 12/04/17 12:26:11 AM
#20204  Sticky Note Hello, [Removed potentially offensive text, all names, some educational TMLonggun 11/14/17 09:45:28 AM
#24758   produce some hype IF we have the goods gitreal 04/21/18 07:25:33 PM
#24757   PT needs to contact this guy and produce MU_Redskin1 04/21/18 07:12:51 PM
#24755   Hey, we can always hire Todd Hoffman to Gene_Simmons 04/21/18 04:38:58 AM
#24754   Why in the word is anyone selling right now? ShellCompany3 04/21/18 01:26:18 AM
#24753   According to filings, PT used proceeds from that gitreal 04/20/18 11:30:19 PM
#24752   In other words, between October 1 and December gitreal 04/20/18 11:20:38 PM
#24751   To answer your question: rwalia99 04/20/18 10:39:58 PM
#24750   I am sure loyal longs will come up gitreal 04/20/18 09:07:07 PM
#24749   What do you think of the claim that 1manband 04/20/18 09:02:51 PM
#24748   What do you think of the claim that gitreal 04/20/18 08:32:04 PM
#24747   The claims that the note will be repaid 1manband 04/20/18 08:14:48 PM
#24746   Nope. Study UP. ;-) learningthetruth 04/20/18 08:02:17 PM
#24745   They put in a 1,000-share paint job sell 1manband 04/20/18 07:57:20 PM
#24744   So, you agree that the note from Dent gitreal 04/20/18 06:57:17 PM
#24743   Probably no difference in terms of money recovery....yes, gitreal 04/20/18 06:51:22 PM
#24742   C'mon git, that infamous insider trading secret message Moneydontbuylove 04/20/18 06:51:10 PM
#24741   Non trading expert here, sorry. Can you tell Moneydontbuylove 04/20/18 06:49:28 PM
#24740   What possible difference does it make ? F4Uvet 04/20/18 06:46:07 PM
#24739   “because someone is trying to buy cheapies???” badgerbob 04/20/18 04:34:02 PM
#24738   because someone is trying to buy cheapies??? i deadjim 04/20/18 04:28:58 PM
#24737   I saw that. badgerbob 04/20/18 04:26:03 PM
#24736   They put in a 1,000-share paint job sell rwalia99 04/20/18 04:03:00 PM
#24735   8-K is out. What investors deserve to gitreal 04/20/18 03:58:28 PM
#24734   They better recover at least 60 ounces lickety gitreal 04/20/18 03:48:42 PM
#24733   Largest ever?....it would hard to imagine it would ShellCompany3 04/20/18 03:37:46 PM
#24732   Video poker in the evening to warm up, badgerbob 04/20/18 03:02:10 PM
#24731   Looking at the trades, it looks like somebody badgerbob 04/20/18 02:39:49 PM
#24730   If the next pour brings in 50 k penywoo 04/20/18 02:13:24 PM
#24729   "Save some money and buy next week in drobx 04/20/18 01:52:53 PM
#24728   Save some money and buy next week in 49andretired 04/20/18 01:43:47 PM
#24727   Poker player are ya? I will be going Moneydontbuylove 04/20/18 01:11:11 PM
#24726   I got a lead that a guy named badgerbob 04/20/18 01:09:06 PM
#24725   I would stay with a monkey, maybe feed Moneydontbuylove 04/20/18 12:07:52 PM
#24724   Could be! learningthetruth 04/20/18 11:54:14 AM
#24723   In about 6 hrs when I get to badgerbob 04/20/18 11:00:22 AM
#24722   I think is going to be next week. penywoo 04/20/18 10:59:08 AM
#24721   new topic: when do you think the next penywoo 04/20/18 10:56:18 AM
#24720   Well let's see an identity that only exists saildone 04/20/18 08:48:58 AM
#24719   I believe things that seem to make sense, gitreal 04/19/18 08:38:50 PM
#24718   Hmmmm. You have certainly not believed the "person Amadeus4153 04/19/18 08:34:29 PM
#24717   Some folks think it is badge of honor gitreal 04/19/18 07:23:51 PM
#24716   No schite... and no Sherlock needed to ferret rbtree 04/19/18 07:17:51 PM
#24715   Does Mexus designate any particular social media other gitreal 04/19/18 07:06:20 PM
#24714   There is NO PRIVATE MEXUS STOCK Board. Then rbtree 04/19/18 07:00:26 PM
#24712   LOL obviously you didn't read a word of Moneydontbuylove 04/19/18 04:44:28 PM
#24710   Wrong! I've held plenty of miners that OJSIMPSON2017 04/19/18 03:31:00 PM
#24708   Is it your opinion that the post by gitreal 04/19/18 01:27:44 PM
#24707   So, this post on the Not-Mexus not-private gitreal 04/19/18 01:18:24 PM
#24705   which clearly means NOT Mexus official posted on gitreal 04/19/18 01:05:49 PM
#24704   Sadly, I must confess 8thaero 04/19/18 12:58:07 PM
PostSubject