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Mexus Gold US (MXSG)

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Last Post: 1/21/2018 9:38:35 PM - Followers: 183 - Board type: Free - Posts Today: 75

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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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
MXSG News: Statement of Changes in Beneficial Ownership (4) 09/12/2017 05:00:21 PM
MXSG News: Amended Statement of Changes in Beneficial Ownership (4/a) 09/01/2017 05:40:38 PM
MXSG News: Statement of Changes in Beneficial Ownership (4) 09/01/2017 05:31:21 PM
PostSubject
#21045  Sticky Note Caborca, Mexico, Dec. 18, 2017 (GLOBE NEWSWIRE) -- badgerbob 12/18/17 11:41:51 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
#22405   A company is allowed only 1 expert? Jason_Bourne 01/21/18 09:38:35 PM
#22404   Sure, forget the experts or someone else. They AuAg 01/21/18 09:13:44 PM
#22403   Being a heavy message board poster isn't going rwalia99 01/21/18 09:11:36 PM
#22402   Running a gold mine isn't like an election, gitreal 01/21/18 09:07:32 PM
#22401   Too busy to bother ;-) AuAg 01/21/18 09:00:52 PM
#22400   Should have just checked google earth. Those Jason_Bourne 01/21/18 08:55:54 PM
#22399   Thank you for that. Jason_Bourne 01/21/18 08:54:29 PM
#22398   Ok, I’m back. No gold. Time to move on. AuAg 01/21/18 08:45:35 PM
#22397   Huh? Perhaps in the pond... I’ll get back AuAg 01/21/18 08:19:39 PM
#22396   Momentum doesn't create gold. Being in the gitreal 01/21/18 07:59:10 PM
#22395   To be clear, I don't fall into the Moneydontbuylove 01/21/18 07:57:00 PM
#22394   The one positive I will say in trying Moneydontbuylove 01/21/18 07:55:43 PM
#22393   We keep this momentum up, and we'll be Jason_Bourne 01/21/18 07:52:44 PM
#22392   Day before Monday, and a lot of activity Moneydontbuylove 01/21/18 07:43:26 PM
#22388   $3 mil in 50' drift 70' shaft by gitreal 01/21/18 06:05:37 PM
#22387   The costs of producing an ounce of gold gitreal 01/21/18 05:53:26 PM
#22385   "Played out" when never mined but by hand 8thaero 01/21/18 05:34:45 PM
#22380   Forward looking statements are one thing, but for gitreal 01/21/18 04:33:28 PM
#22379   Are there stocks that only move on sec Dutch1 01/21/18 04:30:03 PM
#22378   Average time for a mine to go into bearspread 01/21/18 04:23:11 PM
#22375   Average time for a mine to go into Jason_Bourne 01/21/18 04:14:28 PM
#22374   I am taking 8 for his word and gitreal 01/21/18 04:14:21 PM
#22366   Mexus Gold US has proven the Santa Elena bearspread 01/21/18 02:43:55 PM
#22365   The last month (Oct.) reported in filings: gitreal 01/21/18 02:31:30 PM
#22363   Mexus Gold US has proven the Santa Elena Iceman 01/21/18 02:05:41 PM
#22362   Usually, two re-reads does it for me. gitreal 01/21/18 02:00:12 PM
#22361   LMAO! That was funny, Mexus "talk" is code. Iceman 01/21/18 01:59:17 PM
#22360   Come on, man. WTH does that even mean? tsoprano-1 01/21/18 01:36:42 PM
#22359   EightRealtor, first pour by Christmas 2018. Bank on tsoprano-1 01/21/18 01:30:32 PM
#22358   Just file a Form 15 and dispense bearspread 01/21/18 01:12:36 PM
#22357   Sound more like damn good reason to halt bearspread 01/21/18 12:58:22 PM
#22356   When no possible requirement to 8thaero 01/21/18 12:50:10 PM
#22355   Sound more like damn good reason to halt gitreal 01/21/18 12:39:26 PM
#22354   Sound more like damn good reason to 8thaero 01/21/18 12:35:09 PM
#22353   Another company like MXSG that missed its deadlines deadjim 01/21/18 12:23:26 PM
#22351   If you're so upset over this, then please, bearspread 01/21/18 12:01:03 PM
#22347   Thanks Dutch, Tweetybird 01/21/18 11:25:44 AM
#22344   Mybad, I did read January 18th instead of December. Dutch1 01/21/18 10:55:06 AM
#22343   Gene let me guess, the visitors that went EightRealtor 01/21/18 09:22:43 AM
#22342   F4Uvet I’m not able to reply to private Dutch1 01/21/18 08:58:26 AM
#22341   So MXSG send them away, to make sure Dutch1 01/21/18 08:36:38 AM
#22340   "Told go on home. Let the big dog F4Uvet 01/21/18 08:33:10 AM
#22338   Caborca, Mexico, Dec. 18, 2017 (GLOBE NEWSWIRE) -- F4Uvet 01/21/18 08:23:24 AM
#22337   Sounds like the trip was a bust! No EightRealtor 01/21/18 07:48:07 AM
#22336   FINALLY, a cogent remark. The SEC truly is F4Uvet 01/21/18 12:44:41 AM
#22330   So a corp is not to inform 8thaero 01/20/18 11:48:53 PM
#22329   See!! THAT'S the kind of positive thinking Jason_Bourne 01/20/18 11:02:38 PM
#22328   maybe a meteor will hit the pregnant pond tonight, gitreal 01/20/18 10:06:29 PM
#22327   Ok...?? Jason_Bourne 01/20/18 09:19:58 PM
#22326   Or maybe an aggrieved shareholder who purchased stock 1manband 01/20/18 09:16:18 PM
PostSubject