CABORCA, Mexico, July 25th, 2021 – Mexus Gold US
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Posted On: 07/26/2021 3:02:55 AM
CABORCA, Mexico, July 25th, 2021 – Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that mining continues of the Vein 2 area at its mine located in Caborca, MX with impressing geologic findings including increasing metallic content at only 10 meters of depth. Surface values are from 0.3 g/ t gold and new values ranging from 4 to 12 g/t gold and increased silver from 3 g/t to 100 g/t silver. The quartz vein material is crackled partly from blasting but more than 75% due to a coincident and very potent low angle thrust fault which also contains values with 1.4 g/t gold and 5 g/t silver.
Mining is currently being developed at the quartz vein with 1 to 1.5 meter with some wider pocket zones. Mexus has found 10 g/t gold zones randomly with notable oxide coloring due to former sulphides. Thrust fault shear mineral is being worked around it and only high grade quartz vein is loaded and hauled. Currently, the company is able to load 600 tons per day which can be hauled to the crushing area and conveyed to the heap leach pad. Carbon absorption is proving very efficient and the best processing option. Pregnant solution treated is ranging from 0.3 to 1.7 ppm gold. One ton of loaded carbon is en route to Chicago for processing for final sale which will allow Mexus to increase production on a weekly basis.
Mining is currently being developed at the quartz vein with 1 to 1.5 meter with some wider pocket zones. Mexus has found 10 g/t gold zones randomly with notable oxide coloring due to former sulphides. Thrust fault shear mineral is being worked around it and only high grade quartz vein is loaded and hauled. Currently, the company is able to load 600 tons per day which can be hauled to the crushing area and conveyed to the heap leach pad. Carbon absorption is proving very efficient and the best processing option. Pregnant solution treated is ranging from 0.3 to 1.7 ppm gold. One ton of loaded carbon is en route to Chicago for processing for final sale which will allow Mexus to increase production on a weekly basis.
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