Mon, 24 Jan 2022

CABORCA, MEXICO / ACCESSWIRE / January 10, 2022 / Mexus Gold US (OTCQB:MXSG) ('Mexus' or the 'Company) 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 made in the next 3 ½ weeks.

Mexus is pursuing a joint venture partner at the Santa Elena mine. Mexus CEO Paul Thompson added 'I believe that a partner performing a drilling program with the option to buy for a set price plus a royalty is the best option for the shareholders. We expect to negotiate a good price per oz gold equivalent given the continued high price of gold, production occurring at the Santa Elena mine, and the data compiled to date.'

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 located 80km N of Hermosillo, Mexico. This property contains 6900 acres and has both gold and copper on the property. Founded in 2009, Mexus Gold US is committed to protecting the environment, mine safety and employing members of the communities in which it operates.

For more information on Mexus Gold US, visit www.mexusgoldus.com.

Mexus Gold US (775) 721-9960. Paul Thompson Sr

Cautionary Statement

Forward looking Statement: Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.

SOURCE: Mexus Gold US



View source version on accesswire.com:
https://www.accesswire.com/681610/Mexus-Continues-To-Produce-Gold-Seeks-JV-at-Santa-Elena-Mine

More Orlando News

Access More

Sign up for The Orlando News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!