Mexus readies materials and equipment for heap leach pad
April 11 2016 - 9:25AM
Mexus Gold US (OTCQB:MXSG)(“Mexus” or the “Company”) today
announced it has received the first shipment of liner for its
10,000 ton test heap leach pad. In addition, the
company transported and installed a 30 foot insulated lab
trailer. This lab will be equipped with assay equipment and
allow for on-site assaying.
The work to obtain a new environmental permit for the heap leach
has begun. The company already has the necessary mining
permit in place and is in need of a new environmental permit to
commence operations. Rolando Alduenda, President of Mexus
partner Ecomine Environmental, believes the permit process will
take approximately two weeks. Director of Operations for
Mexus Cesar Lemas is currently working on obtaining the supporting
equipment for the heap leach pad and will have all the necessary
items ready to install once the environmental permit is
received.
Mexus CEO Paul Thompson closed, “We will continue to update our
shareholders as pertinent information becomes available. The
company is aggressively moving forward with our plan to heap leach
and hard rock mine. We are extremely excited and optimistic
about this phase of Mexus’ growth and look forward to releasing
additional information in the coming weeks.”
About Mexus Gold US
MEXUS GOLD US is an American-based exploration company with
holdings in Mexico. Mexus' fully owned Julio/Santa Elena property
is located 54km NW of Caborca, Mexico. The 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. Mexus also owns the rights to the Ocho Hermanos
property, which is located 80km NE 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. 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.
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.
CONTACT: Inquiries
Paul Dent, 425-478-4908 pdent@mexusgoldus.com
Mexus Gold US (CE) (USOTC:MXSG)
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