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) provides investors and industry observers with timely updates on its precious metals exploration activities in Sonora, Mexico and the western United States. This page serves as the definitive source for official press releases, operational milestones, and strategic developments related to the company’s mining projects.
Visitors gain access to critical updates including drilling results, permitting advancements, and partnership announcements across MXSG’s portfolio. The curated news collection enables stakeholders to track progress at key sites like the Santa Elena gold-silver prospect and Ures copper property through verified company communications.
All content undergoes strict verification to ensure compliance with financial disclosure standards. Users benefit from direct access to primary source information without editorial interpretation, supporting informed analysis of the company’s exploration strategy and resource potential.
Bookmark this page for efficient monitoring of MXSG’s latest developments, including technical reports and corporate announcements. Combine these updates with independent research to maintain a current perspective on the company’s position within the mineral exploration sector.
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 (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.
FAQ
What is the current stock price of Mexus Gold US (MXSG)?
What is the market cap of Mexus Gold US (MXSG)?
