Mexus Gold US Has Signed a Non-binding Letter Of Intent, Expects to Begin Trading on Pink Sheets
Mexus Gold US (MXSG) has announced its voluntary delisting from OTCQB status and plans to resume trading on Pink Sheets in February 2025, maintaining its MXSG symbol. The company has signed a non-binding letter of intent with Tierra Nueva Minera, led by CEO Miguel Barahona, potentially bringing valuable mining experience to Mexus' Santa Eleana project.
The company believes its Santa Elena gold property may contain over a million ounces of gold reserves. With current permits in place for drilling and gold production across approximately 6,500 acres, Mexus plans to conduct drilling and publish an SK-1300 resource report from a U.S.-based third-party mining engineering company. Following the report's issuance, the company may consider returning to OTCQB status as a reporting company.
Mexus Gold US (MXSG) ha annunciato il suo delisting volontario dallo status OTCQB e prevede di riprendere le negoziazioni su Pink Sheets a partire da febbraio 2025, mantenendo il simbolo MXSG. L'azienda ha firmato una lettera d'intenti non vincolante con Tierra Nueva Minera, guidata dal CEO Miguel Barahona, che potrebbe portare un prezioso bagaglio di esperienza mineraria al progetto Santa Eleana di Mexus.
L'azienda ritiene che la sua proprietà aurifera di Santa Elena possa contenere oltre un milione di once di riserve d'oro. Con i permessi attuali per trivellazioni e produzione di oro su circa 6.500 acri, Mexus prevede di effettuare trivellazioni e pubblicare un rapporto delle risorse SK-1300 redatto da una società di ingegneria mineraria terza con sede negli Stati Uniti. Dopo l'emissione del rapporto, l'azienda potrebbe prendere in considerazione il ritorno allo status OTCQB come società reporting.
Mexus Gold US (MXSG) ha anunciado su eliminación voluntaria del estado OTCQB y planea reanudar el comercio en Pink Sheets en febrero de 2025, manteniendo su símbolo MXSG. La compañía ha firmado una carta de intención no vinculante con Tierra Nueva Minera, dirigida por el CEO Miguel Barahona, lo que podría aportar valiosa experiencia minera al proyecto Santa Eleana de Mexus.
La empresa cree que su propiedad de oro Santa Elena podría contener más de un millón de onzas de reservas de oro. Con los permisos actuales para perforaciones y producción de oro en aproximadamente 6,500 acres, Mexus planea realizar perforaciones y publicar un informe de recursos SK-1300 de una empresa de ingeniería minera externa con sede en EE. UU. Tras la emisión del informe, la compañía podría considerar regresar al estatus de OTCQB como una empresa de informes.
Mexus Gold US (MXSG)는 OTCQB에서 자발적으로 상장 폐지한다고 발표했으며, 2025년 2월부터 Pink Sheets에서 거래를 재개할 계획이며, MXSG 심볼을 유지합니다. 이 회사는 CEO 미겔 바라오나가 이끄는 Tierra Nueva Minera와 비구속적인 의향서에 서명하여 Mexus의 산타 엘레나 프로젝트에 귀중한 광산 경험을 가져올 가능성을 열었습니다.
회사는 산타 엘레나 금 자산이 백만 온스 이상의 금 매장량을 포함하고 있을 것으로 생각하고 있습니다. 현재 약 6,500 에이커에 걸친 시추 및 금 생산을 위한 허가가 있는 상태에서, Mexus는 시추를 수행하고 미국 기반 제3자 광산 엔지니어링 회사의 SK-1300 자원 보고서를 발표할 계획입니다. 보고서 발행 후, 회사는 보고 회사로 OTCQB 상태로 돌아가는 것을 고려할 수 있습니다.
Mexus Gold US (MXSG) a annoncé son retrait volontaire du statut OTCQB et prévoit de reprendre ses échanges sur les Pink Sheets en février 2025, en conservant son symbole MXSG. L'entreprise a signé une lettre d'intention non contraignante avec Tierra Nueva Minera, dirigée par le PDG Miguel Barahona, ce qui pourrait apporter une précieuse expérience minière au projet Santa Eleana de Mexus.
L'entreprise estime que sa propriété aurifère de Santa Elena pourrait contenir plus d'
Mexus Gold US (MXSG) hat seine freiwillige Abmeldung vom OTCQB-Status bekannt gegeben und plant, im Februar 2025 den Handel auf den Pink Sheets wieder aufzunehmen, wobei das Symbol MXSG beibehalten wird. Das Unternehmen hat ein unverbindliches Absichtsschreiben mit Tierra Nueva Minera, geleitet von CEO Miguel Barahona, unterzeichnet, das möglicherweise wertvolle Bergbauerfahrungen in das Santa Eleana-Projekt von Mexus einbringen könnte.
Das Unternehmen ist der Ansicht, dass sein Goldvorkommen Santa Elena über eine Million Unzen Goldreserven verfügen könnte. Mit aktuellen Genehmigungen für Bohrungen und Goldproduktion auf etwa 6.500 Acres plant Mexus, Bohrungen durchzuführen und einen SK-1300-Ressourcenbericht von einem US-amerikanischen Drittfirmen-Bergbauingenieurbüro zu veröffentlichen. Nach der Veröffentlichung des Berichts könnte das Unternehmen in Betracht ziehen, in seinen Status als OTCQB-Reporting-Gesellschaft zurückzukehren.
- Company has valid permits for drilling and gold production on 6,500-acre Santa Elena property
- Potential partnership with experienced Mexican mining company Tierra Nueva Minera
- Property potentially contains over 1 million ounces of gold reserves
- Voluntary delisting from OTCQB to Pink Sheets indicates reduced reporting transparency
- Letter of Intent with Tierra Nueva Minera is non-binding
- No current SK-1300 resource report to validate gold reserve claims
Mexus Gold US OTC: MXSG Santa Eleana, Caborca, Sonora State Mexico
A Nevada Corporation 1805 N Carson St, Carson City Nv.
SONORA, MX / ACCESSWIRE / January 13, 2025 / Mexus Gold US President, Paul Thompson is pleased to announce: With the advice of Mexus legal counsel MXSG has chosen to voluntarily delist Mexus Gold US (MXSG) for the time being from the OTCQB fully reporting company status, and expects to resume trading likely in February as an OTC public traded Pink Sheets Corporation with the trading symbol still MXSG.
Mexus has signed a Non-Binding letter of Intent with a Non-Disclosure Agreement with Tierra Nueva Minera a company mining in Mexico. Its CEO Mr. Miguel Barahona has experience and knowledge needed to enable Mexus Santa Eleana to become a major gold producing mine. Mexus expects to have a decision from Tierra Nueva Minera by February of 2025.
Mr. Thompson goes on to state he is of the belief along with other qualified geologists, that a million ounce plus gold reserve may exist on its Santa Elena gold property. The timing is right with the price of gold along with Mexus having its permits up to date, and in place to drill and/or start gold production from the Santa Eleana Gold property of approximately 6500 acres. The permits alone add tremendous value to the Santa Eleana Gold Project. Once the funds are in place for drilling, Mexus will upon results, review and have published current SK-1300 resource report from a reputable 3rd party mining engineering company based in the United States. Mr. Thompson goes on to state once the SK-1300 report is issued Mexus may choose to become a reporting company again and uplist to the OTCQB.
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 exchange commission. The actual results may differ materially from those contained in this press release. The company disclaims any obligation to up date any statements in this press release.
For more information on Mexus Gold US, email pthompson@mexusgoldus.com
Paul Thompson SR. (775) 721-9960
SOURCE: Mexus Gold US
View the original press release on accesswire.com
FAQ
When will MXSG begin trading on Pink Sheets after delisting from OTCQB?
What is the potential gold reserve estimate for MXSG's Santa Elena property?
What is the size of MXSG's Santa Elena gold property?
Who has MXSG signed a Letter of Intent with in January 2025?
Will MXSG return to OTCQB status in the future?
