Friday, May 13, 2022 4:55:33 PM
CABORCA, MEXICO, ACCESSWIRE / January 3, 2022 / Mexus Gold US (OTC PINK:MXSG) ("Mexus" or the "Company) announced that it has signed a letter of intent with Irmex Mining, a Mexican Corporation, for its Mabel project located in Northern Mexico. The agreement will include cash and a 10% Net Profit Interest
(NPI).
In past PRs Mexus has claimed production cost of less than $500 oz. Assume they are off and it is closer to $800/mo. That means $1,000 oz profit. 10% of $1,000 = $100oz payout to Mexus.
I'm done doing your homework for you.
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