Mexus Gold US (MXSG)

[8thaero]

"The Julio Vein 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. Shear Zone 1 had a sample graded at 11.5 grams. Shear Zone 2 is parallel to the vein system 1 through 5. Shear Zone 3 contains a bonanza pocket which had sample results as high as 19 grams was graded at an average of 5.5 grams. Shear Zone 4 presently contains some pits, adits and shafts and graded 2 grams from eight samples. The 6 major vein structures 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."

This says Julio vein has $76 mil sitting on the surface. The veins alone are $367 mil worth of gold and $15 mil silver. Minimum grade seen of the 4 shear zones is outstanding 2 gr open pit worth $73 a ton. A 4 mil ton pad is $300 mil to produce about 90% PM in about 4 years @ 3K tons a day. $100 mil here, $100 million there and start to talk real money. I count $750 mil so far.

Any driller can't hit some of this in 6 prime area holes and not want to punch bunches more is NOT the JV partner we need and THAT would be ugly! 8