Welcome to our dedicated page for Mexus Gold US news (Ticker: MXSG), a resource for investors and traders seeking the latest updates and insights on Mexus Gold US stock.
Mexus Gold US (MXSG) is an American-based mining company with gold-focused holdings in Sonora State, Mexico, and a corporate base in Nevada. This news page compiles company-issued updates and market announcements related to its projects and corporate activities, giving readers a central place to review developments tied to the MXSG symbol and the underlying business.
Company news often centers on the Santa Elena mine, a fully owned gold project located northwest of Caborca, Mexico. Releases have discussed test pits, heap leach work, geological evaluations, and the company’s belief in the project’s potential. Updates also describe efforts to secure a qualified joint venture partner to fund, mine, and/or drill Santa Elena, along with the importance the company places on permits associated with exploration and potential production.
Another recurring topic is the Ures property in Sonora, which Mexus Gold US describes as containing both gold and copper. News items reference the company’s broader land position in northern Sonora and its openness to partnerships across its properties. Corporate communications also cover capital-raising plans, debt conversion proposals, and restructuring steps that the company associates with advancing its Mexican projects.
Mexus Gold US news has additionally addressed changes in trading and reporting status, including voluntary delisting from a fully reporting OTC tier, expectations about Pink Sheets trading, and later statements that the company is not publicly traded, with shares potentially transacted privately. Readers following MXSG-related news can use this page to review these status updates, property-level announcements, and strategic communications from the company over time.
Mexus Gold US (OTC:MXSG) announced a corporate update on January 12, 2026. The company is current and in good standing with the Nevada Secretary of State and voluntarily suspended full OTC reporting in 2024; Mexus Gold US is currently not publicly traded.
The company said it paused reporting to conserve $150,000+ in annual administration, accounting and exchange costs and redirected funds to the Santa Elena Gold Project. Reported 2023 gold sales from three test pits were $178,000 at 3.2 gpt. Mexus holds 9 concessions (about 6,000 acres) and says it is permitted for ponds, leach pad, water, lab assaying equipment and offices. Management believes the property may contain a 1–3 million ounce gold/silver deposit and is seeking a qualified JV partner; relisting on a public exchange is planned once funded.
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.
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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.