Mexus Gold US (MXSG)

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Mexus Gold US Cable and Mining Updates

CARSON CITY, Nev., Aug. 22, 2011 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) is a company engaged in the evaluation, acquisition, exploration and development of mining properties and conducts salvage operations for the recovery of precious metals.

Cable Update
Mexus automated cable pulling equipment is working as planned and is pulling cable approximately 150 miles north of Ketchikan, Alaska. The cable recovery equipment will remain in operation through November 2011. The Mexus cable surveying boat is working 200 miles north of the pulling operation gathering information and locating additional cable along with mapping. Ken Setters and native diver Henry Larsen will remain in Alaska with the survey equipment gathering additional information for the future of Mexus Submarine Cable Pulling operations.

Mexico Mining Operations Update
Mexus has drilled and completed its deep 8" diameter water well and has tested its new piping system in Caborca, Sonora State Mexico. The last of Mexus gold recovery equipment has cleared Mexican customs and is being set up at this time and should be in production as soon as September 1, 2011.
Mexus has completed necessary work and has mined a small quantity of silver ore at the 8 Brothers mine site. At this time, Mexus is awaiting a blasting permit for the 8 Brothers project. Elias Badilla, Mexus person in charge of the 8 Brothers mine site states that although difficult to obtain, the blasting permit will save Mexus time and money for years to come. Elias ensures Mexus that the permit will be issued soon.
President Paul Thompson states that Mexus Gold US is moving forward with its Gold/Silver mining projects and believes that when Mexus completes its building of a sound foundation, the future of Mexus will be assured.
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