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MEXUS GOLD US (symbol: MXSG) is an exploration stage mining company focusing on gold, silver, copper, and other precious metal projects in Sonora, Mexico, and the Western United States. With interests in the Santa Elena and Ures properties, Mexus is committed to evaluating, acquiring, and advancing projects. Established in 1990 and based in Carson City, Nevada, Mexus Gold US seeks sustainable growth through strategic initiatives and collaborations.
Mexus Gold US (OTCQB:MXSG) President Paul Thompson Sr. provided a year-end update for shareholders. He highlighted ongoing efforts to secure joint venture partnerships, emphasizing the importance of thorough due diligence. Thompson expressed optimism about a potential agreement expected to be announced in early 2023, aiming to maximize shareholder returns. Mexus owns the Santa Elena mine in Mexico and has significant rights to the Ures property, known for gold and copper. The company remains committed to environmental protection and community employment.
Mexus Gold US (OTCQB:MXSG) has updated shareholders about its Santa Elena project, emphasizing ongoing discussions with potential partners for production and exploration. CEO Paul Thompson indicated that progress on various properties, including the Mabel property, will be communicated soon. The company operates the fully owned Santa Elena mine located near Caborca, Mexico, and also holds rights to the Ures property, which spans 6900 acres and contains both gold and copper.
Mexus Gold US (OTC PINK:MXSG) has updated shareholders regarding its Santa Elena project in Mexico, believed to hold over 1 million ounces of gold. The company is negotiating with one exploration firm after receiving multiple offers for property rights. Mexus also retains rights to two additional properties, including a copper porphyry site at Ures. An agreement is in place for the Mabel project. As a mining firm, Mexus is committed to environmental protection and community employment.
Mexus Gold US (OTCQB:MXSG) provided an update on negotiations related to its Santa Elena gold project in Sonora, Mexico. The company is in talks with multiple firms interested in a partnership, with two currently conducting due diligence on its properties. The Santa Elena property exhibits high-grade gold values, and Mexus aims to finalize a beneficial deal. The company also holds rights to additional properties, including the Ures property, which contains gold and copper. Mexus is committed to environmentally responsible mining and community employment.
Mexus Gold US (OTCQB:MXSG) is actively pursuing a joint venture partner for its Santa Elena mine in Caborca, Mexico, as part of its strategy to bring three properties into production. The company is also seeking a qualified CEO and aims to establish a five-member Board of Directors. Recent tests show potential, with a successful gold recovery of 277.97 ounces from the Santa Elena site, indicating significant resource potential exceeding 1 million ounces. Mexus holds over 16,000 acres across its three properties, highlighting a robust opportunity in gold mining.
Mexus Gold US (OTCQB:MXSG) announced an update from partner Irmex on the Mabel project in Northern Mexico. Irmex has modeled data from 611 previously drilled holes, identifying a low-angle mineralized quartz vein. Notable drill results include 51 m at 4.1 g/t Au and 141.6 g/t Ag. A preliminary resource estimate suggests 184,386 tons at an average grade of 1.15 g/t Au and 76 g/t Ag. Irmex plans to expedite resource estimation and mine planning, with a definitive agreement expected by late April 2022.
Mexus Gold US (OTC PINK:MXSG) announced the shipment of 2 tons of activated carbon to a US refinery, coinciding with gold prices exceeding $2,050 per ounce. The shipment, sent on March 8, is expected to be processed by March 21, potentially boosting revenue from this batch. The company plans to load another 2 tons of activated carbon by April 1. CEO Paul Thompson highlighted the firm's ongoing gold production and discussions with potential joint venture partners, indicating a promising future for shareholder returns.
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