Mexus Gold US announced that it is nearing completion of a deal to bring the
Santa Elena/Julio project into production.
Paul Thompson, CEO of Mexus, stated “We have struck an agreement in principal
that will be a win/win for both parties including our shareholders. Both
entities are committed to seeing the Santa Elena/Julio property brought to full
production in a manner that is economical and will result in maximum return to
its investors. We hope to have everything completed in the next 2 weeks.”
MEXUS GOLD US is an American-based exploration company with holdings in
Mexico and Nevada. Mexus’ fully owned Julio/Santa Elena property is located 54km
NW of Caborca, Mexico.
This property sits in an area which is currently being mined by some of the
largest mining companies in the world. Mexus has drill results which show a high
grade, multi vein system throughout the property.
The company looks to have this property in full production by the end of
2014. Mexus also owns the rights to the Ocho Hermanos property, which is located
100km SW of Hermosillo, Mexico. This property will be drilled to show a proven
reserve once our flagship property is in full production.
Preliminary drilling on this property has been extremely promising. The
company owns claims in Lida, Nevada and will evaluate production possibilities
at a future date.
Founded in 2009, Mexus Gold US is committed to protecting the environment,
mine safety and employing members of the communities in which it operates.