Mexus Gold US OTC: MXSG Santa Eleana, Caborca, Sonora State Mexico A Nevada Corporation 1805 N Carson St, Carson City Nv. Mexus Gold US President, Paul Thompson is pleased to announce: With the advice of Mexus legal counsel MXSG has chosen to voluntarily delist Mexus Gold US for the time being from the OTCQB fully reporting company status, and expects to resume trading likely in February as an OTC public traded Pink [...]
Mexus Gold US is pleased to announce its' intent to raise $250,000 US, the estimated amount to pay for its currently outstanding but completed audits bringing Mexus back into compliance with the OTCQB exchange, paying for outstanding claim taxes, and general and administration purposes. The raise will be done by a private placement memorandum offering units in Mexus of one common share at $.005 per share US and a warrant [...]
Mexus Gold US announced that the Company and Mr. Mark Ashley have mutually agreed to terminate the August 2, 2023 contract between both parties. The termination of this agreement was completed on December 26, 2023. 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 [...]
Mexus Gold US is pleased to announce a proposed major corporate restructure, including management change, strengthening of the balance sheet, a reorganization of the capital structure and a significant planned capital raising to reposition the company to embark on a meaningful, multi-pronged growth strategy. Management. Mark Ashley, a seasoned and experienced mining executive with a successful 35-year career building [...]
Mexus Gold US President, Paul Thompson Sr., released a year end statement for the company's shareholders. "As we near the end of the year I wanted to take this opportunity to update Mexus shareholders on the company and its plans for 2023. Over the preceding months, I've been actively pursuing JV partnerships with multiple companies. This has been an arduous and time consuming process to ensure that all parties have the [...]
Mexus Gold US updated its shareholders concerning its Santa Elena project. Mexus continues to actively seek the right partner for production and/or exploration at the property. The company is in discussions with multiple companies. "We are still working on all options for Mexus' multiple properties and I expect to update our shareholders on progress at the Mabel property in the near future." Added Mexus CEO Paul Thompson [...]
Mexus Gold updated its shareholders concerning the Santa Elena project located near Caborca. Mexus continues to seek the right partner to complete the necessary exploration on what the company believes is a 1,000,000 oz plus gold resource. The company has received several offers for the rights on the property and has narrowed negotiations to one exploration company. Mexus is hopeful a deal can be reached in the near term [...]
Mexus Gold US updated its shareholders on the ongoing negotiations at its Santa Elena gold project. The company continues to negotiate for a favorable deal with multiple companies vying for the right to team with Mexus. There are currently two companies doing due diligence on 2 of the 3 properties Mexus has rights to in Sonora State. The Santa Elena property is a high grade gold project showing excellent values in both [...]
Mexus Gold US announced that it is aggressively pursuing a qualified mining company to joint venture with at its Santa Elena mine in Caborca, MX. To assist with this endeavor Mexus is seeking a CEO with the right experience to help manage and bring Mexus' three properties into production. In addition, Mexus will look to bring on a 5 person Board of Directors to assist with this process and general decision making going [...]
Mexus Gold US partner, Irmex, gave an update on progress at the Mabel project. Since signing of the LOI back in December 2021, Irmex' team has been working on modelizing the Mexus data including the 611 core and RC holes previously carried out by Pacific Comox before acquistion by Mexus Gold. As seen in the field, the drill holes align accurately with what is identified as the low angle mineralized quartz vein. The best [...]
Mexus Gold US announced that it has shipped 2 tons of activated carbon to a US refinery at a time when spot gold is over $2,050 per ounce. The shipment was sent March 8th and is expected to be processed by March 21st. Mexus believes this batch of activated carbon will substantially exceed previous sales marking a step up in revenue growth. The company is loading an additional 2 tons of activated carbon in the expanded [...]
Mexus Gold US released a general update on its 3 properties. The Santa Elena project, located 30 kms east of the major gold producer mine La Herradura in Sonora, is a private property ranch of 5678 acres. The property consists of 8 mining concessions totaling 2227 acres. Santa Elena is currently in test capacity producing gold with direct open pit mining, heap leaching, and carbon absorption recovery. Once collected the [...]