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Posted On: 03/14/2021 3:25:02 PM
Post# of 2063
Elephant Country - the Mojave-Sonora Megashear zone
This animation zeroes in step by step on the La Herradura mine owned by Fresnillo which lies about 24 miles statute miles west of our Santa Elena mine.
The main pit at La Herradua is about 2 miles in length north to south and it's 0.7 of a miles wide. One large open pit excavation with many levels or terraces.
Some have envisioned our mine as comparable - but nobody's talked like that lately. In 2019 La Herradura produced 482,722 oz of gold and has reserves of 6.7 million ounces. The average grade of the ore in 2019 was 0.80 grams per ton.
https://youtu.be/k_qlE0-Xm8c
A couple of points to make --- even being "close" to a major gold mine doesn't mean every acre of land contains gold - in fact most acres are barren of economic minerals - so just saying you are neighbors to La Herradua and Noche Buena doesn't mean much - just that you're in a good area but throwing a dart at the map likely ends up landing on a beautiful desert landscape and not much else.
The final few seconds of the clip shows a moving paw for cursor and that paw lands on the Santa Elena mine - with Hiway 2 skirting a range of low mountains to the west.
Here is a locator map showing the five properties held by Mexus Gold: Santa Elena, San Felix, Ures, Mabel-Dana and one nobody ever mentions a barren spot of land near Puerto Liberdad on the coast south of San Felix.
http://www.takhli.org/Mexus/FiveMineLocator
San Felix is also close to "unmentionable" as there's been a cloud over that property since it was acquired in 2012. The lease to the Puerto Liberdad property may have expired and it is never talked about.
Didya know - La Herradura is Spanish for "the horseshoe"? "Noche Buena" is literally "Good Night" but if written as one word, "nochebuena', signifies "Christmas Eve". I'm not sure which the locals think of when they hear "Noche Buena" spoken.
Do we hold the next La Herradura or a lesser mine or no mine? The jaded think the latter and the long time faithful still are convinced that it's the former. If it's any percentage of a major mine then a 3 cent share is a bargain.
This animation zeroes in step by step on the La Herradura mine owned by Fresnillo which lies about 24 miles statute miles west of our Santa Elena mine.
The main pit at La Herradua is about 2 miles in length north to south and it's 0.7 of a miles wide. One large open pit excavation with many levels or terraces.
Some have envisioned our mine as comparable - but nobody's talked like that lately. In 2019 La Herradura produced 482,722 oz of gold and has reserves of 6.7 million ounces. The average grade of the ore in 2019 was 0.80 grams per ton.
https://youtu.be/k_qlE0-Xm8c
A couple of points to make --- even being "close" to a major gold mine doesn't mean every acre of land contains gold - in fact most acres are barren of economic minerals - so just saying you are neighbors to La Herradua and Noche Buena doesn't mean much - just that you're in a good area but throwing a dart at the map likely ends up landing on a beautiful desert landscape and not much else.
The final few seconds of the clip shows a moving paw for cursor and that paw lands on the Santa Elena mine - with Hiway 2 skirting a range of low mountains to the west.
Here is a locator map showing the five properties held by Mexus Gold: Santa Elena, San Felix, Ures, Mabel-Dana and one nobody ever mentions a barren spot of land near Puerto Liberdad on the coast south of San Felix.
http://www.takhli.org/Mexus/FiveMineLocator
San Felix is also close to "unmentionable" as there's been a cloud over that property since it was acquired in 2012. The lease to the Puerto Liberdad property may have expired and it is never talked about.
Didya know - La Herradura is Spanish for "the horseshoe"? "Noche Buena" is literally "Good Night" but if written as one word, "nochebuena', signifies "Christmas Eve". I'm not sure which the locals think of when they hear "Noche Buena" spoken.
Do we hold the next La Herradura or a lesser mine or no mine? The jaded think the latter and the long time faithful still are convinced that it's the former. If it's any percentage of a major mine then a 3 cent share is a bargain.
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