CABORCA, Mexico, Dec. 4, 2017 /PRNewswire/ -- Mexus Gold US (OTCQB: MXSG)("Mexus" or the "Company") announced that the new Merrill Crowe gold recovery system has been installed and is fully operational at the Santa Elena mine. Mexus and its JV partner, MarMar Holdings, successfully tested the system December 3rd.
The crew at the mine site has been adding new material to the heap leach pad that was assayed at 12 to 14 grams per ton Au. MarMar Holdings President Marco Martinez and his team of experts have added new leaching techniques to assure a higher value of solution to be processed. The plan is to begin recovery when the pregnant solution reaches 4 grams per ton Au. The grades in the pregnant pond will continue to climb as our higher grade material is leached.
"Our shareholders won't have to wait long to get news of gold being produced at the Santa Elena mine. All parties involved have worked tirelessly to bring the Santa Elena mine to this point. Mexus, MarMar, and numerous specialists have done what is necessary to fix the issues at the mine and bring us to where we are today." added CEO Paul Thompson.
About Mexus Gold US
Mexus Gold US is an American based mining company with holdings in Mexico. Mexus recently joint ventured its flagship property with MarMar holdings of Mexico. The fully owned Santa Elena mine is located 54km NW of Caborca, Mexico. The mine is producing gold. The company is also a partner with MarMar holdings at the San Felix mine in Northern Mexico. This 26,000 + acre property is ready for production which is planned for 2018. 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.
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