Mexus Gold US 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. The Mabel property consists of 8 concessions and totals 1,459 hectares. "We've been in discussions with Irmex for quite some time and [...]
Mexus Gold US announced that the company recently sold gold at $1,800oz from the material sent to the refiner on 12/8/2021. The company has been busy over the last month updating a deep submersible pump, a large carbon filter pump, and the leach pad sprinkler pump. This time consuming and costly endeavor was necessary for production and exploration [...]
Mexus Gold US announced that it will ship gold laden activated carbon to its Idaho refining partner by December 1st 2021. The gold will be sold at a 1.5% discount to spot at the time of smelting. The company recently replaced a deep well submersible pump at its Santa Elena mine located in Caborca, MX in preparation for RC drilling. This drilling [...]
Mexus Gold US announced that revenue for the month of October totaled $128,000. With the ongoing improvements to the heap leach pad and the addition of more activated carbon cells to collect value the company expects November revenues to exceed $150,000. "We continue to make great strides at our Santa Elena property. Revenues from production should [...]
Mexus Gold US announced that funds from its recent batch of activated carbon is expected to be received by October 28th. The next shipment of activated carbon is being readied and should ship for processing by November 1st. "The company is seeking to speed up the activated carbon cycle from mine site to refinement over the coming months. Our end [...]
Mexus Gold US announced that the expansion of the heap leach pad at its Santa Elena mine is now complete. The 15,000 ton pad expansion is lined and will be loaded with new mineralized material starting September 27th. In addition, the second batch of activated carbon is being readied for shipment. Mexus US is an American based mining company with [...]
Mexus Gold US announced that it has completed the first sale of substantial gold from production at its Santa Elena mine located in Caborca, MX. A 76.5 troy oz gold bar was shipped to a buyer on September 10th. An additional 1.5 tons of activated carbon will be shipped to the company's processor by September 24th. This shipment is .5 ton larger [...]
Mexus Gold US announced that it has reached a new milestone as it continues to produce and ship activated gold bearing carbon for processing. Payment for the initial shipment is expected to be received by mid-September. The company now expects to ship activated carbon twice a month with a minimum of 45 oz. gold and 100 oz. silver. Monthly [...]
Mexus Gold US announced that leaching recovery and mineral quality continue to improve at its Santa Elena mine located in Caborca, MX. Actual pad returns are up to 1.7ppm with 5 g/t head values potential. Leach flow is currently 60 gpm and the pad is currently being expanded with the of new high grade mineralized material from vein 2. The material [...]
Mexus Gold US announced that it has been working with a group of geologists from the neighboring Herradura mine. The group is reviewing a plan to develop a possible 1 million + oz gold bulk mineral target at the companies Santa Elena mine located in Caborca, MX. This is in addition to the estimated 150 to 200k oz gold from the vein quartz structure [...]
Mexus Gold US announced that on April 29th, the company performed a successful blast in the Quartz 2 vein area at its Santa Elena mine located near Caborca, MX. 150 meter strike length was charged in a 2.5 x 2.5 meter grid along four lines. Approximately 10,000 to 15,000 tons of mineralized material was produced. This material will have lime added [...]
Mexus Gold US announced that on April 12th the company plans on blasting at its Santa Elena mine located near Caborca, MX. The blast will produce approximately 10,000 tons of mineralized material averaging 2.2 gpt Au. Mexus expects to be producing gold from this material within 30 days of the blast. The company continues to speak to multiple mining [...]
