Mexus Gold US (MXSG)

[BonesJones]

Unless you worked for Argo all you are stating is your opinion. Facts are facts, and unless you can PROVE the left for any other reason your statements are irrelevant.

CARSON CITY, Nev., December 4th, 2015 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG)(“Mexus” or the “Company”) announced today that Argonaut Gold notified the company that it will not exercise their option at the Julio/Santa Elena property. Argonaut explained that the uncertainty with the price of gold is challenging exploration budgets. This, along with the obligations of $5,000,000 in drilling and mapping, $950,000 payable to Mexus to continue the JV, and a 20% fully carried contract were all factors in their decision . To date it is estimated that Argonaut has spent upwards of $500,000 in drilling, mapping and other associated costs.They also added that in better economic times the company would have exercised the JV option.