Mexus Gold US announced that a second round of blasting has occurred on the Julio shear zone located at its Santa Elena mine in Caborca, Mexico. Sampling of this shear zone has shown 1.5 to 11.9 g/t Au with some visible gold. 1800 tons of this material is being processed and is expected to be placed on the heap leach pad by June 12th. Leaching of [...]
Mexus Gold US announced that for the month of May, 2020 the company produced 102 ounces of gold. This production was accomplished during the COVID-19 slowdown all the while keeping staff safe yet productive. Mexus is looking to produce 150 ounces of gold in the month of June, 2020. The company is currently working the Julio vein shear zone pit #2 [...]
Mexus Gold US announced that the company resumed full operational production after a slow down due to COVID 19. On May 23rd the company resumed crushing and placement of mineralized material on the heap leach pad. Leaching has been continuously flowing at .019 GPT to .048 GPT from 3/1/2020 to now. The company expects grades to go back up to .05 GPT [...]
Mexus Gold US announced that the company sold 47.5 ounces of gold May 7th and is processing an additional 45 ounces the week of May 18th. The sale and production of gold is an excellent start for the company and meets the company’s previously stated goals for the month. Mexus’ goal of keeping production costs down while steadily increasing [...]
Mexus Gold US announced that $242,500 of debt incurred by the company has been eliminated by conversion of shares already held in reserve. Mexus received assays for mineralized material recently placed on the heap leach pad. Mexus CEO, Paul Thompson, Sr. added “These assays confirm what the company has been communicating concerning the excellent [...]
Mexus Gold US announced that sales of gold in April are expected to increase by 20% over the prior month. The increase in sales is a result of the company’s efforts to mine a higher grade of ore in March and early April. In addition, material placed on the heap leach pad is being crushed to 1/2 inch minus versus 3/4 inch minus. Crushing to this [...]
Mexus Gold US announced that it is producing gold at a cost of $376 per oz. of gold. This figure is well under the $437 per oz. estimated in November 2019. The reduced production cost is a result of Mexus adding an activated carbon recovery system along with an electrowinning gold recovery plant. In addition, the company is mining a higher grade of [...]
Mexus Gold US announced that gold production continues daily at its Santa Elena mine in Caborca, Mexico. Additional revenue will now allow the company to expand hours of operations and add staff which will lead to an increase in production. Mineralized material being mined has been assayed from .5 to 6 ounces gold per ton and includes microscopic [...]
Mexus Gold US confirmed its inaugural sale of gold totaling 16.5 ounces of the 125 ounces of gold recovered to date at a price of $1600 per ounce. Additional sales will be occurring shortly. With today’s market price for gold and ongoing daily production the company can afford necessary upgrades to its equipment and look to expand daily [...]
Mexus Gold US is pleased to announce that it is now capable of producing gold on a daily basis. The company has arranged for the sale of 32 ounces of gold from two activated carbon cells using the electrowinning gold recovery system which was started on February 24th, 2020. The company has an additional 65 ounces of gold being processed bringing [...]
Mexus Gold US announced that gold production at its Santa Elena mine continues with excellent results. The heap leach pad continues to return gold to the pregnant pond at an average grade of .33gpt in solution. The company is seeing normal fluctuations in the tail readings but are optimistic and excited as these readings aren’t dipping as [...]
Mexus Gold US announced that additional material from the Julio vein has been crushed and placed on the heap leach pad. Leaching on the pad has been continuous since 1/16 with results of .26gpt to .45gpt of pregnant solution returning to the pond. Additional increased values from this new material should start returning to the pregnant pond by [...]
