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Mexus Heap Leach Pad Work Continues; Two Gold Recovery Systems To Be Operational by Year End

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CABORCA, Mexico, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it has completed the removal of 2/3rd’s of the heap leach pad at its Santa Elena mine located in Caborca, MX. The removal was down to the bottom 1.5 meters. This remaining gold bearing chloride material is being run through the company’s ball mill gravity recovery system. In addition, Mexus is fast tracking the completion of its new heap leach pad. Grading is expected to be completed by November 1st and be operational by November 15th. The company is stock piling quartz mineralized material with an average grade of 4.2 GPT Au which is ready to be crushed and placed on the pad. Recovery of gold from the new heap leach pad is expected by December 1st, 2020. Mexus expects to have both its ball mill gravity system and its heap leach pad recovering gold at that time.

Ball Mill in use at Santa Elena mine

Front End Loader Placing Material Into The Gravity Recovery System

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.

Mexus Gold US

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128.55k
1.18B
10.14%
Crushed and Broken Limestone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Carson City

About MXSG

mexus gold us, an exploration stage mining company, engages in the evaluation, acquisition, exploration, and advancement of gold, silver, copper, and other precious metal projects in the state of sonora, mexico and the western united states. the company holds interests in the santa elena prospect comprising seven concessions covering an area of 898.028 hectares located to the northwest of the city of caborca, sonora state. it also holds interest in the ures property consisting nine concessions covering an area of 10,000 acres located to the north of hermosillo, mexico. the company was formerly known as action fashions, ltd. and changed its name to mexus gold us in september 2009. mexus gold us was incorporated in 1990 and is based in carson city, nevada.