CABORCA, Mexico, March 16, 2020 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that gold production continues daily at its Santa Elena mine in Caborca, Mexico. Additional revenue will now allow the company to expand hours of operations and add staff which will lead to an increase in production. Mineralized material being mined has been assayed from .5 to 6 ounces gold per ton and includes microscopic to barely visible gold. The microscopic gold starts to leach within 3 days with grades of .41 to .52 grams per ton with the larger particles taking longer and returning 3.1 grams per ton gold. Mexus is pleased with the net return to the pregnant pond.
“Mexus’ future has never looked better!” added CEO Paul Thompson.
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
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.