Mexus Gold US (MXSG)

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Mexus Continues To Produce Gold; Seeks JV at Santa Elena Mine
7:00 am ET January 10, 2022 (Accesswire) Print
CABORCA, MEXICO / ACCESSWIRE / January 10, 2022 / Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company) announced it is ready to ship gold laden activated carbon from production at its Santa Elena mine upon receiving assays from the import/export customs office. This shipment will be the second shipment since 12/20/21. The net returns will be published when results are produced by the smelter. Based on recent mining improvements and the opening of new ground the company expects an additional shipment will be made in the next 3 ½ weeks.

Mexus is pursuing a joint venture partner at the Santa Elena mine. Mexus CEO Paul Thompson added "I believe that a partner performing a drilling program with the option to buy for a set price plus a royalty is the best option for the shareholders. We expect to negotiate a good price per oz gold equivalent given the continued high price of gold, production occurring at the Santa Elena mine, and the data compiled to date."