Mexus Gold US - MXSG STOCK NEWS

Mexus Gold US (MXSG) plans to raise $250,000 to pay for audits, outstanding claim taxes, and general administration purposes. The company will offer units at $.005 per share with a warrant for each share purchased. Mexus also plans to engage a US 3rd party engineering firm and a Certified lab in the Reno area to oversee a planned 8 RC drill hole program. Mexus President and CEO Paul Thompson believes the company can develop a resource in excess of one million ounces of gold, given the historical information, assays, and completed test mining. The company is open to mutually acceptable opportunities with other mining companies.

Mexus Gold US (MXSG) terminated a contract with Mr. Mark Ashley on December 26, 2023, that was originally established on August 2, 2023.

Mexus Gold US announces major corporate restructure, including management change and capital raising.

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.