Mexus Gold U.S. Releases NI 43-101 Technical Report on the El Scorpio Project Guadalupe De Ures Property Sonora, Mexico
September 14 2010 - 7:23PM
Mexus Gold U.S. (OTCBB:MXSG), a Nevada Corporation
is pleased to announce release of the 43-101 technical report for
the El Scorpio in Sonora, Mexico.
The El Scorpio Prospects are located in Sonora State in northern
Mexico approximately 80 road kilometers northeast of Hermosillo,
Sonora, Mexico near 29 degrees 25' North and
110 degrees 35' West. The Property is comprised of
approximately 2800 hectacres.
The El Scorpio Project has abundant copper and gold
mineralization and has the potential of developing a copper
porphyry deposit. The El Scorpio Prospects are variously underlain
by a sedimentary sequence (limestone, quartzite and shale) intruded
by dacite and diorite to granodiorite as well as some rhyolite.
Alteration is extensive and consists of propylitic alteration
mainly in the Scorpion area, along with various veins consisting of
silicification with Au and Cu and galena bearing quartz veins.
El Scorpio 43-101 technical report was prepared by Mr. Paul A.
Pelke, SB, SM, California Registered Geologist with a private
geological consulting practice located in Reno, Nevada. Mr. Pelke
is a graduate of The Massachusetts Institute of Technology in 1971
with Bachelor of Science and Master of Science degrees in Geology
and Geochemistry, from the department of Earth and Planetary
Sciences. Mr. Pelke has worked as a geologist for the past 36 years
since graduation and is a "Qualified Person" as set out in National
Instrument 43-101 ("NI 43-101"). Mr. Pelke is responsible for the
preparation of the entire NI 43-101 Technical Report on The El
Scorpio Property, in the Sonora State, Mexico dated the 14th day of
September, 2010. Full Report Information at
http://premierstocks.tv/images/company_links/MXSG.ob_TECHNICAL_%20REPORT.pdf
About Mexus Gold U.S. (OTCBB:MXSG) is a mining
company engaged in the evaluation, acquisition, exploration,
salvage and recovery of gold, silver and copper projects in the
State of Sonora, Mexico, the Western United States, Alaska. Mexus
Gold U.S. is dedicated to protect the environment, provide
employment and education opportunities for the communities where
they operate. For further information or to see the full report
www.mexusgoldus.com or download our corporate profile at:
http://www.premierstocks.tv/images/company_links/mexus.pdf
The Mexus Gold U.S. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7718
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: Mexus Gold U.S.
Paul Thompson, President/CEO
775-721-9960
Premier Media Service Inc.
Kelly Black
(480) 649-8224
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