News and Press Releases
Mexus’ Partner Provides An Update For Its Mabel Project
CABORCA, Mexico, April 4th, 2022 – Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it is aggressively pursuing a qualified mining company to joint venture with at its Santa Elena mine in Caborca, MX. To assist with this endeavor Mexus is seeking a CEO with the right experience to help manage and bring Mexus’ three properties into production. In addition, Mexus will look to bring on a 5 person Board of Directors to assist with this process and general decision making going forward.
Over the last 6 months Mexus completed an open pit test heap leach gold recovery process that produced 277.97 oz of gold from 6 test pits at the Santa Elena property. This test along with the 100’s of assay samples, ground geophysics, mapping and geological evaluations points to the property being a major gold target within the Mojave Mega Shear zone. The property also sits next to the famous La Herradura mine further evidencing the potential of the property. Mexus believes that the property contains a 1,000,000 plus ounce resource which can be proven with a qualified Joint Venture partner. The company is also open to partnering with a company on the Ures gold, copper, and silver property as well. Across the companies three properties Mexus has over 16,000 acres and 26 different concessions all located in Northern Sonoran State, Mexico
