CABORCA, Mexico, June 11, 2018 -- Mexus Gold US announced today that it has begun mining at the 8 Brothers/370 mining project. The company has mined 1000 tons of material containing an average of 9 grams Au and 50 grams Ag per ton. This material is currently being run through a crushing system and placed into an aerated VAT holding tank. The loading of the VAT, which has a 100 ton capacity, is expected to be completed by [...]
CABORCA, Mexico, May 17, 2018 -- Mexus Gold US announced today that it has wired $183,333 due JMJ Financial closing the current outstanding debt agreement prior to the expiration date. About Mexus Gold US Mexus Gold US is an American based mining company with holdings in Mexico. The fully owned Santa Elena mine is located 54km NW of Caborca, Mexico. Mexus also owns rights to the Ures property located 80km N of Hermosillo [...]
CABORCA, Mexico, April 16, 2018 -- Mexus Gold US announced today that MexusGold Mining SA De CVA, a subsidiary of MexusGold US, is terminating its joint venture agreement with MarMar Holdings. The agreement outlined the contractual obligations at the Santa Elena project in Caborca, Sonora State, Mexico. The decision to terminate the agreement was made due to MarMar’s lack of funding for the project, non-compliance [...]
CABORCA, Mexico, March 19, 2018 -- Mexus Gold US announced that its partner at the Santa Elena project has reported the sale of gold bearing activated carbon as a result of ongoing operations. Mexus’ JV partner, MarMar Holdings, netted $26,841 from the sale of this material to a local broker. CEO Paul Thompson added, “It is great to see MarMar increasing the amount of gold being produced. Our shareholders [...]
CABORCA, Mexico, March 05, 2018 -- Mexus Gold US released a report written by geologist Cesar Lemas on its Ures property located near Hermosillo, Mexico. The preliminary geological report details initial sampling done on the properties 3 concessions- 370, 8 Brothers, and Scorpio. Assaying done at the 370 concession, which Mexus will initially mine, showed promising results. The tests were highlighted by 3 samples showing [...]
CABORCA, Mexico, Feb. 26, 2018 -- Mexus Gold US announced that progress at the Ures project continues and is on pace. Cesar Lemas, project manager for the Ures project, recently completed the construction of access roads on the Ures, El Scropio, and 370 concessions. In addition, he continues to take samples from the area to be initially mined and is extremely happy with the assay results. Mr. Lemas added, “Based on [...]
CABORCA, Mexico, Feb. 16, 2018 -- Mexus Gold US announced today that a small amount of gold has been sold as a result of its joint venture operation at the Santa Elena mine. MexusGold S.A. de C.V.’s operating partner, MarMar Holdings, has informed Mexus that 8.2 oz of gold was produced in a test run and subsequently sold. Mexus was hoping for more production having tests from the heap leach pad showing an average of [...]
CABORCA, Mexico, Jan. 29, 2018 -- Mexus Gold US announced today that it has added a new corporation under its umbrella. Mexus Gold MX is solely owned by Mexus Gold US and will encompass Mexus’ 100% controlled properties. Mexus Gold US is also excited to announce that geologist and long-time Mexus advocate, Cesar Lemas, will be the President of Mexus Gold MX and oversee operations in Mexico. Credentialed with a [...]
CABORCA, Mexico, Jan. 08, 2018 -- Mexus Gold US announced today that progress at the Santa Elena mine is moving steadily ahead. The mine staff is returning after the long Mexican holiday and is preparing for the company’s first pour. The grades returning to the gold recovery pond continue to increase and, when proper returns are met, will lead to production. Mexus JV partner, MarMar Holdings, is in full control of [...]
CABORCA, Mexico, Dec. 18, 2017 -- Mexus Gold US announced that staff at the Santa Elena mine have successfully smelted and produced gold from the newly installed Merrill Crowe system. These results confirm that the system will work in capturing gold and silver from the pregnant solution and will enable the mine engineers to begin the ramp up of the system to a 24 hour a day operation. This milestone was the last step [...]
CABORCA, Mexico, Dec. 14, 2017 -- Mexus Gold US released an article from El Financiero where the company was mentioned among large miners in Sonora State, Mexico. El Financiero article About Mexus Gold US Mexus Gold US is an American based mining company with holdings in Mexico. Mexus recently joint ventured its flagship property with MarMar holdings of Mexico. The fully owned Santa Elena mine is located 54km NW of [...]
CABORCA, Mexico, Dec. 4, 2017 /PRNewswire/ -- Mexus Gold US announced that the new Merrill Crowe gold recovery system has been installed and is fully operational at the Santa Elena mine. Mexus and its JV partner, MarMar Holdings, successfully tested the system December 3rd. The crew at the mine site has been adding new material to the heap leach pad that was assayed at 12 to 14 grams per ton Au. MarMar Holdings [...]
