The only problem I have now is attempting to determine where we are in this process ? Where will Mexus find the equipment to produce 500 tons of material a day ? Where do they get the personnel to accomplish this ? How do they pay for this work ? How do you mine quartz veins to a depth of what was previously announced as 3000 ft and has now been revised to 900 ft. . Are they talking open pit mining ? Where are they in this newly proposed project ? Not that I have any doubts .................
Mexus will move forward with the proper equipment and personnel at the Santa Elena project. Mexus President Paul Thompson states that the company has contracted with a security firm to provide 24-hour services at the mine site. There is equipment on site to produce 500 tons a day and plans are in place to begin hiring staff with production beginning shortly thereafter. In addition, safety fencing will be installed and required site clean-up will occur that will satisfy any environmental concerns at the property. Two separate parties are running tests on the heap leach pad to determine the next steps to allow for recovery of gold and silver within the system.
And the results are ??
Using previously developed geological mapping the company plans to mine the Julio quartz vein and the adjacent shear zone via open pit mining. The existing Julio vein, with depths to 30 meters and widths from 1 to 4 meters, has values ranging from 1.5 to 186 grams Au per ton. The adjacent shear zone carries values from .5 to 17 grams Au per ton. Mexus estimates that the shear zone will average 2.5 grams per ton gold equivalent with the Julio vein values being much higher. Additional equipment will be purchased which will enable the company to increase production to 1000 tons a day and beyond. The company will announce a non-dilutive capital raise plan in the very near future.
Lead geologist for Mexus MX, Cesar Lemas, announced that progress at the 8 Brothers project has slowed due to holidays in Mexico and the recent developments at the Santa Elena mine. All the necessary equipment has arrived at the mine site including the large VAT gold recovery tank. It is expected that installation and set-up of all systems will be completed by June 1st, 2018. Mr. Lemas continues to assay material from the mine site showing 3 to 12 grams per ton Au and 30 grams Ag which should equate to excellent returns once the system is operational.
