Mexus Sells Gold From Production At Its Santa Elena Mine

Rhea-AI Summary

Mexus Gold US (OTC PINK:MXSG) announced its first gold sale from the Santa Elena mine in Caborca, Mexico, completing the shipment of a 76.5 troy oz gold bar to a buyer on September 10, 2021. Additionally, the company plans to send 1.5 tons of activated carbon to its processor by September 24, 2021, which is larger than the prior shipment. Mexus is focused on finalizing an exploration agreement at the Santa Elena mine, enhancing its production capabilities.

Positive

• First gold sale from Santa Elena mine, enhancing revenue potential.
• Successful shipment of a 76.5 oz gold bar marks operational progress.
• Planned shipment of 1.5 tons of activated carbon suggests increasing production capabilities.

Negative

• None.

CABORCA, MEXICO / ACCESSWIRE / September 13, 2021 / Mexus Gold US (OTC PINK:MXSG) ("Mexus" or the "Company) announced that it has completed the first sale of substantial gold from production at its Santa Elena mine located in Caborca, MX. A 76.5 troy oz gold bar was shipped to a buyer on September 10^th. An additional 1.5 tons of activated carbon will be shipped to the company's processor by September 24^th. This shipment is .5 ton larger than the initial shipment which produced the 76.5 oz. of gold.

Mexus continues to stay focused on completing an exploration agreement at the Santa Elena mine.

Photo of 76.5 oz gold bar

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/663683/Mexus-Sells-Gold-From-Production-At-Its-Santa-Elena-Mine

FAQ

What significant event regarding gold did Mexus Gold US announce on September 13, 2021?

Mexus Gold US announced its first sale of gold from the Santa Elena mine, shipping a 76.5 troy oz gold bar.

What is the stock symbol for Mexus Gold US?

The stock symbol for Mexus Gold US is MXSG.

When was the gold bar from Mexus Gold US shipped?

The gold bar was shipped on September 10, 2021.

What additional shipment does Mexus Gold US plan to make by September 24, 2021?

Mexus Gold US plans to ship an additional 1.5 tons of activated carbon.

Where is the Santa Elena mine located?

The Santa Elena mine is located in Caborca, Mexico.