Digipath
Home > Boards > US OTC > Mining/Resources >

Mexus Gold US (MXSG)

MXSG RSS Feed
Add MXSG Price Alert      Hide Sticky   Hide Intro
Moderator: Iceman, Robert Johnson II, Dutch1, gitreal, Aqua-FX, The Grinch
Search This Board: 
Last Post: 12/18/2018 1:05:22 AM - Followers: 186 - Board type: Free - Posts Today: 1

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

=============================


 

Digipath
MXSG
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
MXSG News: Quarterly Report (10-q) 11/14/2018 01:30:01 PM
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
PlusOneCoin Top Posts
No plusone'd posts yet. Be the first!
PostSubject
#28364  Sticky Note Mexus Initial Drilling Yields Exceptional Results at Santa Iceman 12/13/18 09:39:44 AM
#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
#28469  Restored https://www.youtube.com/watch?v=GQ8DMvuiO_Q F4Uvet 12/17/18 08:36:52 PM
#28468   Hobby miner I hear often but not sure Moneydontbuylove 12/17/18 06:24:50 PM
#28467   Better to lose some up front, than a gitreal 12/17/18 05:53:11 PM
#28466   By your own admission, miners must lose millions Moneydontbuylove 12/17/18 05:44:41 PM
#28465   Gold, silver.....and a $4 mil. loss for the gitreal 12/17/18 05:25:33 PM
#28464   It's not easy, that's for sure. But how Gene_Simmons 12/17/18 03:39:59 PM
#28463   No, No, No.. OJSIMPSON2017 12/17/18 03:27:12 PM
#28462   After wading through the alphabet diarrhea about San gitreal 12/17/18 11:22:59 AM
#28461   Meh... I don't read into the use of T-Hawk 12/17/18 10:32:46 AM
#28459   It's gratifying to see others speaking out and F4Uvet 12/17/18 09:50:23 AM
#28458   Nope. Not buying that line of B.S. T-Hawk 12/17/18 08:57:07 AM
#28457   Yep, Aqua. Constant drums means some 8thaero 12/17/18 12:24:37 AM
#28456   San Felix has zero to do with Santa gitreal 12/16/18 10:23:11 PM
#28455   Lol let's go dig for some old cassette Aqua-FX 12/16/18 10:17:05 PM
#28454   didn't they report a whoppping 8 ounces? gitreal 12/16/18 09:59:02 PM
#28453  Restored https://upticknewswire.com/mexus-gold-ceo-paul-thompson-says-mines-ready-produce-gold/ F4Uvet 12/16/18 09:35:55 PM
#28452   Not even going to try to analyze it. gitreal 12/16/18 09:21:34 PM
#28451  Restored " We were producing half a million dollars F4Uvet 12/16/18 09:15:15 PM
#28450   Did you hear Thompson's faltering voice declare that F4Uvet 12/16/18 09:01:36 PM
#28449  Restored https://upticknewswire.com/mexus-gold-ceo-paul-thompson-says-mines-ready-produce F4Uvet 12/16/18 08:50:36 PM
#28448   Something is up when you get this much Aqua-FX 12/16/18 04:48:40 PM
#28446   Why are people still trying to convince themselves 49andretired 12/16/18 04:21:38 PM
#28445   I just now bothered to listen to a rbtree 12/16/18 03:42:40 PM
#28444   2014 revenue $192K with losses of $4.7 mil. gitreal 12/16/18 03:17:05 PM
#28443   0.90 meters of Julio quartz vein at 25-meter gitreal 12/16/18 03:04:41 PM
#28442   I agree that PT issued a blatant lie, rbtree 12/16/18 02:57:57 PM
#28441   "34 g/ton for silver is crap." 8thaero 12/16/18 02:09:47 PM
#28440   2 of the holes even showed high-grade silver gitreal 12/16/18 11:59:12 AM
#28439   Rah, Rah, Rah! OJSIMPSON2017 12/16/18 09:18:17 AM
#28437   Uptick newswire YouTube - March 20, 2017 F4Uvet 12/16/18 07:32:00 AM
#28435   According to the Collins English Dictionary, the F4Uvet 12/16/18 02:33:28 AM
#28434   Anybody notice he clears his throat when he deadjim 12/16/18 01:46:07 AM
#28433   All of which tells me what I already F4Uvet 12/16/18 01:29:13 AM
#28432   I heard it exactly as you did. gitreal 12/16/18 12:52:07 AM
#28431   The MXSG shareholders were nestled all snug in F4Uvet 12/16/18 12:36:01 AM
#28430   Did you listen to the podcast ? F4Uvet 12/16/18 12:15:27 AM
#28429   "We were producing half a million dollars every gitreal 12/16/18 12:07:40 AM
#28428   Yup...hold your breath, Xmas gold pour again! Its an goldbuggy 12/15/18 11:58:19 PM
#28427   https://upticknewswire.com/mexus-gold-ceo-paul-thompson-says-mines-ready-produce F4Uvet 12/15/18 11:40:34 PM
#28426   Maybe they'll give MarMar another chance. After gitreal 12/15/18 10:50:47 PM
#28425   Predictions? Like the 10,000 tons a day gitreal 12/15/18 10:43:44 PM
#28424   You need to listen again bud that was Aqua-FX 12/15/18 09:36:15 PM
#28423   It will be interesting to see how many F4Uvet 12/15/18 09:22:51 PM
#28422   The same San Felix that yielded $500,000 worth F4Uvet 12/15/18 09:11:37 PM
#28421   moves the posts as need is felt. gitreal 12/15/18 11:32:44 AM
#28420   CEO don't play games gitreal 12/15/18 11:27:53 AM
#28419   now complain because they published full results even gitreal 12/15/18 11:21:10 AM
#28417   Complain because of the way they used results Moneydontbuylove 12/15/18 02:32:55 AM
#28415   This isn’t the worst I’ve seen it.. could deadjim 12/14/18 03:26:25 PM
#28413   Just trying to help. gitreal 12/14/18 02:02:37 PM
PostSubject