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Mexus Gold US (OTCQB: MXSG)

CABORCA, Mexico, Aug. 26, 2019 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) is pleased to announce that it has commenced leaching on an estimated 5000 tons of mineralized material that has been placed on the mines heap leach pad at a rate of 200 M3 daily. Optimal grade of the material content of 3 to 4 ppm gold is expected to flow from the pad and stabilize within a week. The Merrill Crowe Zinc Precipitation gold recovery plant should operate at 60 M3 per day, with expected production of 5 to 8 ounces of recovered gold production per day, culminating in continuous positive revenue generation.

Mineralized material is being mined and hauled to the crushing circuit at a rate of 3000 tons per week. The material has been tested and is returning values as high as 1.76 Oz. per ton gold. Additional processes are being reviewed to determine how best to handle this high-grade material.

“We are excited with the results we are seeing daily at the Santa Elena mine. Our mine staff has done a great job bringing all parts of the gold recovery system online at a steady yet productive rate. I expect our shareholders to be pleased as this hard work pays off with consistent increases in production and gold recovery,” added Mexus CEO, Paul Thompson Sr.

http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20190826:nGNX7Bmd30