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Mexus Gold US (MXSG)

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Last Post: 2/21/2018 4:08:03 PM - Followers: 181 - Board type: Free - Posts Today: 17

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

 

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SureTrader
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
MXSG News: Quarterly Report (10-q) 11/14/2017 01:52:30 PM
MXSG News: Statement of Changes in Beneficial Ownership (4) 09/21/2017 03:30:38 PM
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PostSubject
#22661  Sticky Note CABORCA, Mexico, Jan. 29, 2018 (GLOBE NEWSWIRE) --Mexus badgerbob 01/29/18 04:48:38 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
#12828  Sticky Note $MXSG chart deadjim 01/14/17 05:06:01 PM
#23280   MXSG Get losst yourself. Carry on 8. thelimeyone 02/21/18 04:08:03 PM
#23279   Give it a rest 8th and get lost..its 49andretired 02/21/18 03:57:08 PM
#23278   Are ridiculous cheap when they 8thaero 02/21/18 03:51:15 PM
#23278   Are ridiculous cheap when they 8thaero 02/21/18 03:51:15 PM
#23277   If there is an MXSG dead cat F4Uvet 02/21/18 03:43:36 PM
#23276   Getting it right, cost money, gitreal 02/21/18 03:23:49 PM
#23274   Consulting fees are not cheap. Getting it penywoo 02/21/18 03:12:30 PM
#23273   Mighty logical post there. Good points, and questions, rbtree 02/21/18 02:20:32 PM
#23272   Mexus may regain control of Santa Elena, gitreal 02/21/18 01:29:43 PM
#23271   First, I have no obvious agenda. I've T-Hawk 02/21/18 12:06:18 PM
#23269   I've asked about this as well. Nobody T-Hawk 02/21/18 11:27:15 AM
#23268   The biggest question I have in regards to Moneydontbuylove 02/21/18 11:06:30 AM
#23266   Leach results don't add up (yet). LosGrandes 02/21/18 09:29:59 AM
#23265   There are false starts and stops along the way. T-Hawk 02/21/18 08:47:14 AM
#23264   That is right, the jig will be UP. byloselhy 02/20/18 11:44:08 PM
#23263   The chart is definitely a short-term mood detector. rwalia99 02/20/18 11:06:42 PM
#23262   It's from a person who has an almost gitreal 02/20/18 11:02:07 PM
#23261   Yes it was. According to the chart and deadjim 02/20/18 11:00:52 PM
#23260   That was all tied into the PR, though. rwalia99 02/20/18 10:58:03 PM
#23259   Not really just two days: part of it deadjim 02/20/18 10:52:49 PM
#23258   Sure, I can't blame you. It's been an rwalia99 02/20/18 10:50:12 PM
#23257   Everyone understands that the jig is up, right? ShellCompany3 02/20/18 10:46:18 PM
#23256   Don’t get me wrong, I never said the deadjim 02/20/18 10:42:16 PM
#23255   Well those are more specific questions and a rwalia99 02/20/18 10:34:53 PM
#23254   I can understand that, especially from an investing deadjim 02/20/18 10:23:32 PM
#23253   also when you say "all" then it is, rwalia99 02/20/18 10:22:04 PM
#23252   Part of the miscommunication on both sides of rwalia99 02/20/18 10:18:00 PM
#23251   Penny stocks all have the same pattern for deadjim 02/20/18 10:10:02 PM
#23250   No but you're married to generalizations about penny rwalia99 02/20/18 10:06:06 PM
#23249   Say what? I have no problem admitting he deadjim 02/20/18 09:59:51 PM
#23248   He knows far more about mining and this rwalia99 02/20/18 09:26:27 PM
#23247   This is playing out like every penny stock deadjim 02/20/18 08:40:20 PM
#23246   At some point, prior to releasing the 10-Q, F4Uvet 02/20/18 08:32:49 PM
#23245   Why unfollow the board now? The story Belgie24 02/20/18 08:29:35 PM
#23244   That is just bad and I don't have deadjim 02/20/18 08:29:15 PM
#23243   Is this where the shareholders finally realize that F4Uvet 02/20/18 08:17:13 PM
#23242   No, but I assume we will be credited/compensated. gitreal 02/20/18 07:49:28 PM
#23241   We could’ve rented some labor and been just fine. gitreal 02/20/18 07:46:39 PM
#23240   I really have to unfollow this board because deadjim 02/20/18 06:53:33 PM
#23238   No, but I assume we will be credited/compensated. TMLonggun 02/20/18 06:21:49 PM
#23237   We have been told there are about 4000 TMLonggun 02/20/18 06:18:14 PM
#23236   The only thing about that last Mexus PR gitreal 02/20/18 05:38:45 PM
#23234   So many words! Glad someone is articulate around deadjim 02/20/18 05:10:12 PM
#23233   TML -- Thanks for the interesting post. Can silver-bullet 02/20/18 05:03:53 PM
#23230   Thank you to the person that restored these BonesJones 02/20/18 04:50:43 PM
#23229   Thanks for the wonderful uplifting message. gitreal 02/20/18 03:58:22 PM
#23228   I just give my honest opinion while trying TMLonggun 02/20/18 03:50:06 PM
#23227   People: As we mentioned to You, PT has gitreal 02/20/18 03:20:31 PM
#23226   Interesting, and as I suspected when first reading rbtree 02/20/18 03:04:08 PM
#23222  Restored There is something very important, after the lawsuits Garcia51 02/20/18 02:00:01 PM
PostSubject