Replies to post #41275 on Mexus Gold US (MXSG)

[gitreal]

The Nigerian scammer got it all, apparently. A guy with no mining experience, with a background in accounting, dug it all out by hand. And used it to fund the operations at San Felix.

Or, perhaps the funds to start up the San Felix mining operations were extracted from gullible investors.

The hand dug gold by a Nigerian scammer story seems way, way more reasonable to me.

[8thaero]

Re: Feb 1
Post by 8thaero » Sat Feb 06, 2021 3:27 pm

"Then why isn't the shaft being mined?"

PR says there 1s unusual geology seen of sericite and oxide boxwork which comes from water borne removal not molten inflow so is old stuff
with visible gold left light stuff eroded away. Holes may be test assay drills not all blast as a whole bunch a long ways down hill to leach pads but perhaps do count 250 as PR says . View is down hill from Julio shaft over burden getting removed and vein runs above another 800 meters all way to well known white scar on hill top which aint no fake legend. New pad seems a clean level stack on right side back of the loading area. Any place ya look lots going on. 8

http://mexusgoldus.com/mexus-continues-to-meet-its-production-goals-at-santa-elena-mine-mabel-property-report-being-updated/

https://en.wikipedia.org/wiki/Sericite