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Mexus Gold US (MXSG)

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Last Post: 5/23/2017 2:00:08 AM - Followers: 162 - Board type: Free - Posts Today: 2

Website: http://www.mexusgoldus.com/

Mexico Properties:

Santa Elena Mine
 
 

UPDATE:

Santa Elena Project Update - Click for PR
 

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
Current Price
Volume:
Bid Ask Day's Range
MXSG News: Statement of Changes in Beneficial Ownership (4) 05/05/2017 04:02:55 PM
MXSG News: Statement of Changes in Beneficial Ownership (4) 04/07/2017 03:17:56 PM
MXSG News: Statement of Changes in Beneficial Ownership (4) 04/07/2017 03:15:04 PM
MXSG News: Quarterly Report (10-q) 02/21/2017 05:26:03 PM
MXSG News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 02/15/2017 12:49:17 PM
PostSubject
#16224  Sticky Note CABORCA SONORA STATE, Mexico, May 15, 2017 (GLOBE badgerbob 05/15/17 05:45:49 AM
#15795  Sticky Note Mexus confirms status at Santa Elena project learningthetruth 05/01/17 08:02:42 PM
#15502  Sticky Note Mexus smelts first gold at Santa Elena mine honestlybusy 04/24/17 06:47:49 AM
#12828  Sticky Note $MXSG chart deadjim 01/14/17 05:06:01 PM
#11948  Sticky Note There is a continuous spectrum of scams....ranging from gitreal 12/22/16 05:54:22 PM
#16459   Thanks for the info and link. Much appreciated. byloselhy 05/23/17 02:00:07 AM
#16458   ALSO, after further digging, there was a post Jason_Bourne 05/23/17 12:18:07 AM
#16457   If anyone is wondering what it means to Jason_Bourne 05/22/17 10:15:46 PM
#16456   Couldn't agree more! Every day is one Jason_Bourne 05/22/17 10:08:26 PM
#16454   Wouldn't be surprised to get a PR in JTrox 05/22/17 08:58:18 PM
#16453   This is really getting exciting Jason. rich2 05/22/17 08:32:48 PM
#16452   Agree Belgie, that's an awful lot of "JUICE" wxdog 05/22/17 08:21:04 PM
#16451   For those of you who havnt seen the Jason_Bourne 05/22/17 06:51:21 PM
#16450   Paul Thompson described Marco Martinez as a cautious Belgie24 05/22/17 06:06:37 PM
#16449   I agree, PR before next Monday! eddyimano 05/22/17 05:58:51 PM
#16448   Look at the pictures of the new equipment Errol Flynn 05/22/17 05:44:34 PM
#16447   Probably not the same person buying and selling. Belgie24 05/22/17 05:07:58 PM
#16446   Question for you more savvy traders. T-Hawk 05/22/17 05:04:15 PM
#16445   Disagree. No way to make any broad conclusions rwalia99 05/22/17 01:28:21 PM
#16444   Lack of volume tells me that everyone is Jason_Bourne 05/22/17 01:12:08 PM
#16443   And another day closer to climbing over Mt. VNDM rwalia99 05/22/17 01:09:09 PM
#16442   Something is telling me that we won't have Jason_Bourne 05/22/17 11:12:25 AM
#16441   Yep - agree - whats about to come JTrox 05/22/17 10:58:09 AM
#16440   Last week to buy under .10 learningthetruth 05/22/17 10:26:27 AM
#16439   3...2...1 "BOOM"! I find "sillies" everyw??? Hey, you wxdog 05/22/17 02:50:18 AM
#16438   Next fuse lit? when blast contract 8thaero 05/22/17 02:17:36 AM
#16437   Good one! Amadeus4153 05/21/17 05:40:01 PM
#16436   No.. He's got a point. With all Jason_Bourne 05/21/17 03:02:23 PM
#16435   why they don't even have needed equipment on site... Amadeus4153 05/21/17 02:54:10 PM
#16432   Excellent! The fuse is lit... Errol Flynn 05/21/17 01:15:02 PM
#16431   Lovely music to these ears Jason_Bourne 05/21/17 12:58:48 AM
#16429   Ready to buy the next dip...fade the move if goldbuggy 05/20/17 07:47:29 PM
#16428   Actual unofficial word is 1st pour 8thaero 05/20/17 06:29:33 PM
#16427   the only potential for this stock is the shotgun 05/20/17 06:06:59 PM
#16426   That sounds great. Ever since the CSTI eddyimano 05/20/17 11:07:26 AM
#16425   Yep, lowered it to .075 and lower... caused JTrox 05/20/17 10:33:40 AM
#16424   LOL ... as I understand there is some producing. Tweetybird 05/20/17 09:13:07 AM
#16423   So still no production...or was there? 8thaero 05/19/17 08:21:43 PM
#16422   In the pits that's called fading the move.. goldbuggy 05/19/17 07:59:14 PM
#16421   While recent period not much fun - seeing Tweetybird 05/19/17 07:58:49 PM
#16420   Was that CSTI lowered the ask price and eddyimano 05/19/17 07:03:49 PM
#16419   Yeah man, with low volume, it's all emotion rwalia99 05/19/17 04:06:14 PM
#16418   Strong close. AuAg 05/19/17 04:03:04 PM
#16417   People can learn a lot from today's trading.... JTrox 05/19/17 03:54:42 PM
#16416   We shall know soon enough. Maybe Monday, maybe JTrox 05/19/17 03:51:00 PM
#16415   PT's contract allows for him to sell 2 rbtree 05/19/17 03:34:16 PM
#16414   Yeah, what LTT just said. As far as rwalia99 05/19/17 03:20:48 PM
#16413   Mexus sells Private Placements to accredited investors, they learningthetruth 05/19/17 03:11:46 PM
#16412   Isn't the company selling shares to fund operations? silver-bullet 05/19/17 03:05:53 PM
#16411   Got all mine from .0677 and under... learningthetruth 05/19/17 01:48:34 PM
#16410   Although he's annoying, buyers are getting a great rwalia99 05/19/17 01:41:53 PM
#16409   Actually 2+ months.... learningthetruth 05/19/17 01:31:57 PM
#16408   He moved back to .08 with his 10,000-at-a-time rwalia99 05/19/17 01:27:26 PM
#16407   No. You could be right, just wait-and-see for learningthetruth 05/19/17 01:23:31 PM
#16406   Nah, never mind. He's just selling 13,750 shares rwalia99 05/19/17 01:22:04 PM
PostSubject