Mexus Gold US Eight Brothers and Cable Update
June 13 2011 - 11:02AM
Mexus Gold US (OTCBB:MXSG) is a company engaged in
the evaluation, acquisitions, exploration and development of mining
properties and conducts salvage operations for the recovery of
precious metals. Mexus Gold Is please to provide the following
updates on the following projects to our shareholders.
Eight Brothers Mine - Ocho Hermanos
The company has completed and tested our new automated sulfite
ore processor for its high grade sulfite silver ore. Mexus has been
working on this new equipment since March 2011, the latest tests of
June 10, 2011 shows that it works very well. President Paul
Thompson goes on to say, "Mexus is going ahead with a patent on
this equipment as of June 10, 2011. This processor (Mexus Silver
1200) and its support equipment is completed and awaiting
importation into Mexico."
Submarine cable recovery update
Mexus moving forward on the Submarine cable recovery; Mexus has
ordered from Seatronics of Houston, TX a deep water magnetometer
which we are expecting delivery on June 16, 2011. This new
magnetometer is capable of surveying at a depth of 3000 feet,
although Mexus will be using it at approximately 1000 feet. In
preparation for its arrival, Mexus has built a custom hydraulic
retriever capable of working at this depth. President Paul Thompson
goes on to say, "This new equipment will first be used in
Washington State waters where Mexus' cable crew has located and
identified a section of its submarine cable. Mexus will be working
for a short time in Washington waters before heading back to Alaska
waters."
About Mexus Gold US (OTCBB:MXSG) is a company
engaged in the mining industry for the purpose of producing
precious metals, including gold, silver and copper, from its
projects located in the state of Sonora, Mexico and in the states
of Nevada and Alaska.
Mexus Gold US is dedicated to protecting the environment,
providing employment and educational opportunities for the
communities where they operate. For further information or to see
the full report, www.mexusgoldus.com, or for more detailed Investor
Information please visit:
http://www.premierstocks.tv/images/company_links/mexus.pdf
To view progress video of the Cable Recovery
Project please visit:
http://www.premierstocks.tv/index.php?option=com_content&view=article&id=242:mxsg
The Mexus Gold US 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 US
Paul Thompson, President/CEO
(916)776-1822
Mexusgoldus@aol.com
Premier Media Service Inc.
Kelly Black, President
(480) 649-8224 or 866-216-8814
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