Mexus Gold US (MXSG)

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Mexus confirms that gold production continues at its Santa Elena mine

February 04, 2020 03:02 ET | Source: Mexus Gold US

CABORCA, Mexico, Feb. 04, 2020 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that gold production at its Santa Elena mine continues with excellent results. The heap leach pad continues to return gold to the pregnant pond at an average grade of .33gpt in solution. The company is seeing normal fluctuations in the tail readings but are optimistic and excited as these readings aren’t dipping as much as expected. Cesar Lemas, Mexus geologist, and his crew are reporting seeing visible gold in certain material being placed on the heap leach pad. It is the company’s belief that this high-grade material is taking longer to leach but leading to a consistent higher average return to the pond. Leach pad flow and recovery flows have now balanced to allow Mexus to process continuously 7 days a week.

About Mexus Gold US

Mexus Gold US is an American based mining company with holdings in Mexico. The fully owned Santa Elena mine is located 54km NW of Caborca, Mexico. Mexus also owns rights to the Ures property located 80km N of Hermosillo, Mexico. This property contains 6900 acres and has both gold and copper on the property. Founded in 2009, Mexus Gold US is committed to protecting the environment, mine safety and employing members of the communities in which it operates.

For more information on Mexus Gold US, visit www.mexusgoldus.com.

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