Mexus Gold US is excited to announce that phase 1 construction of its new heap leach pad is nearing completion. The new area will be ready for the liner by November 1st and have mineralized material placed by November 15th. Mexus expects the new leach pad to be producing gold by December 1st. The company continues to separate the high grade [...]
Mexus Gold US announced that it has completed the removal of 2/3rd’s of the heap leach pad at its Santa Elena mine located in Caborca, MX. The removal was down to the bottom 1.5 meters. This remaining gold bearing chloride material is being run through the company’s ball mill gravity recovery system. In addition, Mexus is fast tracking the [...]
Mexus Gold US announced that it has completed a 1 for 20 reverse split of its stock. The stock will begin trading at its new price on the open of market today. The company believes that all involved with the company understand the necessity of this move given the volume of shares currently outstanding. Mexus also believes this move, along with the [...]
Mexus Gold US announced that its ball mill gravity gold recovery system is now operational. This system will allow the company to run high grade material from the Julio quartz vein at its Santa Elena mine located in Caborca, MX. In addition, the company announced an important discovery concerning gold recovery from its heap leach pad at the mine [...]
Mexus Gold US gave an update on activities at its Santa Elena project in Caborca, MX. The company continues to work Vein 2 including mining and preparation for blasting and hauling mineralized material to the crushing site. Vein 2 is beginning to show an association to a N-S thrust faulting structure as well. Further mining, drilling, and sampling [...]
Mexus Gold US announced that it is nearing the completion and test running of its high grade ball mill gravity gold recovery system. As stated previously, this coincides with the development of the quartz vein systems at the Santa Elena mine in Caborca, MX. Mexus has developed a plan targeting the high-grade quartz vein as part of the Julio system [...]
Mexus Gold US announced that it is nearing the completion and test running of its high grade ball mill gravity gold recovery system. As stated previously, this coincides with the development of the quartz vein systems at the Santa Elena mine in Caborca, MX. Mexus has developed a plan targeting the high-grade quartz vein as part of the Julio system [...]
Mexus Gold US announced an update on its 1st quarter results which ran April to June, 2020. During this period the company established mining operations at its Santa Elena mine. The company faced challenges during this period due to COVID-19 which included periods of shut down due to labor laws in Mexico. Mexus was still able to produce gold and [...]
Mexus Gold US announced that it has a acquired a 330 excavator for its Santa Elena mine in Caborca, Mexico. The excavator is being shipped to the mine and will allow the company to increase its daily production with the short-term goal of reaching 500 tons a day. Mexus continues to place new material on the heap leach pad weekly which is allowing [...]
Mexus Gold US announced that production at its Santa Elena mine in Caborca, MX continues with positive results. The company recently moved a 40 ton 6x6 articulated haul truck to the site which will allow for an increase in daily production. In addition, the company is updating a 330 CAT excavator to keep pace with the increased production in Pit #1 [...]
Mexus Gold US announced that the company satisfied a $57,000 note payable by way of conversion. In addition, Mexus’ audit obligation has been met with the audit expected to be completed in the next 7 days. The audit process was delayed due to the company moving from an exploration company to a production company. The auditors required additional [...]
Mexus Gold US announced that it has satisfied an outstanding debt obligation. The $178,855.49 loan, which was due June 16th, was paid off on June 13th. The company was able to satisfy this loan using a new debt obligation. Mexus plans to use revenues from operations to pay the new loan within 6 months. “The ability to basically extend our debt [...]
