Mexus Gold US announced it is ready to ship gold laden activated carbon from production at its Santa Elena mine upon receiving assays from the import/export customs office. This shipment will be the second shipment since 12/20/21. The net returns will be published when results are produced by the smelter. Based on recent mining improvements and the opening of new ground the company expects an additional shipment will be [...]
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 are thrilled that they are now involved to move the Mabel property [...]
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 expansion. "Mexus is currently in good faith negotiations with a [...]
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 will be done under N43-101 rules to help support managements belief of a [...]
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 continue to increase and we expect $200,000 a month by January 2022 [...]
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 goal would be to have a 3 week recurring cycle of revenue from this process [...]
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 holdings in Mexico. The fully owned Santa Elena mine is located 54km NW of [...]
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 than the initial shipment which produced the 76.5 oz. of gold. Mexus continues [...]
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 production will begin to increase in October 2021 as the company builds out and adds [...]
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 is averaging 6.5 g/t Au and 107 g/t Ag. The company is processing 300 m3 [...]
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 which will be confirmed and added to the calculated reserves. Geologists [...]
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 to it and be hauled to the crushing area to continue with the heap leaching [...]
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