Mexus Gold US announced that the first stage of exploration drilling has finished at the Santa Elena Project with 736 meters of core in 9 holes. The purpose of this initial drilling program is to study a major area of geologic interest where a high-grade gold quartz vein merges with a tectonic shear zone with gold/silver values. In the area, the shear zone outcrops with 8 to 10 meters width with a low angle dip to the [...]
Mexus Gold US announced that drilling continues at its Santa Elena mine project with no delays and is now on the 7th hole. Five holes were drilled along the Julio Vein-Shear zone for a strike distance of 250 meters with 35 to 40 meter spacing. The purpose is to test the continuity at 25 to 30 meter depths of both the quartz vein and the shear zone that are in the main prospect area. Drill holes proved the continuity at [...]
Mexus Gold US announced that drilling at the Santa Elena mine located in Caborca, Sonora State, Mexico commenced November 18th. The company spent the last few weeks prepping the drill pads and preparing for arrival of the drilling rigs. Initial drilling is focused on the Julio II mineralized area. The diamond core drilling and sampling will be done in accordance with 43-101 rules. This is the beginning of Mexus&rsquo [...]
Mexus Gold US announced that it has completed all the necessary steps to begin drilling at the Santa Elena mine. The completion of permitting and contracts will allow the company to begin phase 1 of its drilling program by November 1st, 2018. Mexus anticipates that the initial drilling program will be completed by December 1st, 2018. In addition, the company will have obtained all the necessary information required to [...]
Mexus Gold US is pleased to announce that it has signed a contract with Major Drilling Co. of Hermosillo, Mexico for the initial drill program at its Santa Elena mine. The drilling program will begin by November 1, 2018. All samples will be sent to ALS-Chemex preparation facilities in Hermosillo for further assays. To properly consolidate the information obtained, Mexus has approached Minetech International to plan a [...]
Mexus Gold US is pleased to announce funding has been secured and drilling will start Q4 on the 300 Meter portion of the 2.2km long strike along the Julio Shear Zone. Typical past shear zone assays have shown an average of 4 gr per ton gold and 20 to 30 gr per ton silver with areas of higher grades in the underground workings on the 30 Meter level of the Julio quartz vein showing Bonanza grade gold. The target of the up [...]
Mexus Gold US released a report from staff geologist, Cesar Lemas, outlining the plan for the Santa Elena mine. “The report written by Cesar gives a clear outline as to our plans for this property. A 43-101 report with a proven resource will give us a bankable reserve moving forward. We are speaking to multiple parties who have shown interest in helping with a drill program,” added Mexus CEO Paul Thompson [...]
CABORCA, Mexico, July 20, 2018 -- Mexus Gold US released an amendment to today’s press release. The company wants to make it clear that the ore at the 8 Brothers and the 370 differ in composition. The company is analyzing the material at the 370 which does not require roasting. This ore will be used moving forward. Mr. Lemas’ comments on the 8 Brothers ore was a general comment about what would be needed to [...]
CABORCA, Mexico, July 20, 2018 -- Mexus Gold US today gave an update on its operations in Mexico. The information provided was compiled by Mexus geologist, Cesar Lemas, who is providing the necessary data from the company’s multiple properties. Recent work has been directed at the 370-8 Brothers project including Vat leach testing of oxidized sulphide ore specifically from the 8 Brothers prospect area. About 50% of [...]
CABORCA, Mexico, July 02, 2018 -- Mexus Gold US announced that the joint venture with MarMar Holdings has been officially terminated. Mexus attorney, David Armendariz, states that the contract signed in June, 2016 was voided due to Marmar Holding SA de CV’s lack of compliance with certain clauses in the agreement. Mexus Gold Mining SA de CV complied with all requirements established in the joint venture agreement [...]
CABORCA, Mexico, June 25, 2018 -- Mexus Gold US announced that on 6/21/18 the company began the leach process using the VAT system with ore mined from the 8 Brothers/370 project. Cesar Lemas, Mexus expert, states that results have been encouraging with readings from the pregnant solution showing 1.2 grams Au and 14 grams Ag in the first 48 hours. It is expected that values in solution will reach 5 grams Au with Ag values [...]
CABORCA, Mexico, June 18, 2018 -- Mexus Gold US gave an update on progress at its 8 Brothers/370 gold project. The company has completed the crushing and loading of ore into the VAT leaching tank. Mexus is currently running tests on the crushed ore to assure the proper leaching solution is used. It is expected that this work will be done in the next few days with leaching commencing upon completion of these tests [...]
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