Mexus Gold US (MXSG)

[A Dinosaur]

102 oz production in May, 150 June forecast

https://www.globenewswire.com/news-release/2020/06/01/2041279/0/en/Mexus-announces-May-results-and-gives-guidance-for-June.html

CABORCA, Mexico, June 01, 2020 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that for the month of May, 2020 the company produced 102 ounces of gold. This production was accomplished during the COVID-19 slowdown all the while keeping staff safe yet productive. Mexus is looking to produce 150 ounces of gold in the month of June, 2020.

The company is currently working the Julio vein shear zone pit #2. (See attached photo) Sampling of this material shows visible gold and contains easily leached microscopic gold. Twelve bottle roll tests of material recently placed on the heap pad showed an average of 6.7 g/t to 11.9 g/t Au. Solution starting to return to the pond is measuring .21 to .3 g/t Au and is expected to increase to .5 g/t Au.

On May 29th, the company began blast hole drilling on the Julio vein pit #2 with the objective to define geological targets as production continues. Systematic hydraulic track drilling is being used with the material then being bottle roll leach tested, atomic absorption tested, and confirmed with independent official laboratory analysis. The results are being used to produce a mineralized material reserve report. In the near term, this information is ensuring that the highest-grade material is being mined.

The heap leach pad at the Santa Elena mine currently holds 18,000 tons of mineralized material. Head grades are estimated at 3 to 4 g/t Au. Gold solution is being processed at 70-80 gallons per minute with carbon columns and electrowinning being utilized for final gold recovery.

Hydraulic drilling of Julio vein pit #2

Panned material from Julio vein pit #2

Dino